BECO Capital, a regional venture capital firm focused on technology investments in the Gulf Cooperation Council (GCC) countries, today said that the Venture Capital (VC) market has gained momentum in the last 12 months, boosted by successful fundraising by the “Big Four”, a much deeper startup...

In today's crowded and competitive business environment, startups across the world are seeking global opportunities that will rapidly scale their business. To address this need, MasterCard has announced the launch of Start Path Global - a unique six-month partnership programme for startups that extends...

We just discovered a new startup that connects home chefs and food lovers How it all began? Flyvr started with Asra and Adnan, two techy foodies who were far away from home and were craving for homemade food after a long day of work and realized there was no other option but to order fast food online....

PAYFORT, today announced the acquisition of White Payments, a new online payments solution focused on providing easy-to-use online payment applications for start-ups and small businesses. PAYFORT will use White Payments’ platform to create a new program to allow start-ups and small businesses fast-track...

IBM announced today that the competition is underway for the 2015 Master the Mainframe Middle East and Africa computer programming contest, giving students an opportunity to develop skills in a high-demand technical area and a chance to advance to a global competition next year. Hosted at high schools...

IT infrastructure spending in the Middle East and Africa is forecast to reach $3.48 billion, a 0.9 percent increase from 2014, according to Gartner, Inc. IT infrastructure market includes storage, server, and enterprise networking equipment. The server market will continue to lead IT infrastructure spending...

Middle East Venture Partners announced the first round of investments as part of its USD 30 million MEVP II fund.Last year in December, Middle East Venture Partners (Mevp) announced that the company would be investing in more than a dozen digital media companies in the UAE in the next three years...

BECO Capital, a venture capital firm focused on technology investments in the MENA region and the GCC in particular, said today that over 10 local technology start-ups are expected to exit in the next three to five years, with a handful of them having the potential to break the one billion dollar...

Ever since the start of the Arab Spring in 2011, there has been considerable interest in the role that social media plays in the Middle East, and how this enabling technology can act as a tool for discourse and information sharing. Although the role of social media as an agent for cultural and political...

In 2014, online transactions are seeing exceptional growth —faster than point of sale and cash spend. VISA has brought us on board to visualize their latest data on the impact of eCommerce across the Middle East and North African region. Two important points to note from the infographic: - 48%...