Middle East - Asia Tech Wire

Middle East

2024.12.16

12:16

Abu Dhabi investment firm acquires McLaren to accelerate electric car segment

Abu Dhabi-based investment firm CYVN Holdings has finalized a deal to acquire McLaren's sports car business from Bahraini sovereign wealth fund Mumtalakat.

2024.10.31

09:54

Nio opens secret hiring for Middle East team, report says

Asia Tech Wire (Oct 31) -- Chinese electric car maker Nio Inc. has recently opened a secret recruitment drive in China to expand its Middle East team, according to a Chinese media report.

2024.10.14

04:10

Iran bans passengers from boarding planes with pagers, walkie-talkies

Asia Tech Wire (Oct 14) -- Iran's Civil Aviation Organization (CAO) said on Saturday that passengers are banned from carrying pagers and walkie-talkies on board for safety reasons.

2024.08.16

07:17

Canalys: Middle East smartphone shipments up 20% in Q2

Asia Tech Wire (Aug 16) -- Smartphone shipments in the Middle East (excluding Turkey) reached 11.5 million units in the second quarter of 2024, up 20% year-on-year, according to a new report from Canalys.

06:29

Lenovo aims to grow Middle East business from $1.2 billion to $6 billion in three years

Asia Tech Wire (Aug 16) -- Chinese PC maker Lenovo aims to grow its Middle East business from $1.2 billion to $6 billion in three years.

2024.06.24

04:26

Nvidia to provide AI technology to Qatari telco Ooredoo

Asia Tech Wire (June 24) -- Qatari telecom group Ooredoo has announced that Nvidia has signed an agreement to deploy its artificial intelligence technology in Ooredoo's data centers in five Middle Eastern countries.

2024.03.12

07:25

Abu Dhabi forms tech investment firm MGX amid AI push

Asia Tech Wire (Mar 12) -- Abu Dhabi has set up tech investment firm MGX in its push for artificial intelligence (AI).

2024.03.01

07:36

Qatar signs cooperation agreement with TikTok

Asia Tech Wire (Mar 1) -- Qatar has signed a cooperation agreement with TikTok, a popular short video platform owned by Chinese tech company ByteDance Ltd.

2022.03.15

03:27

Binance approved to provide crypto-asset services in Dubai, Bahrain

Asian Tech Press (Mar. 15) -- Binance, the world's largest cryptocurrency exchange, has received approvals to provide crypto-asset services in Dubai and Bahrain.

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27