Chinese investors are becoming increasingly interested in Europe, reports show. In the UK alone, Chinese investment into business and infrastructure has increased by nearly 500 percent over the past six years – from 666 million GBP in 2010 to 3.8…
Europe will need between 670 and 780 billion USD worth of investments into its digital infrastructure if it hopes to keep pace with the United States and China. The region needs to develop fibre-optic networks and high-speed 5G wireless applications…
Chinese investors have been spending billions on foreign technology opportunities. By July 2016, Chinese entities had made investments into Silicon Valley worth over 6 billion USD (excluding real estate investments). More than half of this figure was invested over the…
As China continues to undergo a focused shift from a manufacturing-based economy to one that relies heavily on service sectors and technology, Chinese investors are sourcing innovative technology through investments into tech companies abroad. Media.net, an advertising technology startup based…
The Middle Eastern technology market is growing rapidly, and there is now a significant risk that demand will soon begin to outpace supply. The e-commerce market in the wider Middle East and North Africa (MENA) region is set to be…
Cloud computing has been slowly but surely taking over the hospitality industry over the past few years. In 2012, it was touted as “the today and tomorrow of hosted hospitality”. Its reach is extensive, covering every type and size of…
Venture capitalists based in the US are increasingly passing up the chance to invest in young startups, and choosing to invest into mature companies, preferably with proven business models. According to a report by research firm PitchBook Data, Q1 2016…
Foreign direct investment (FDI) flows peaked in 2015 to 1.76 trillion USD – the highest investment levels seen since the financial crisis of 2008-2009. The UN expects this figure to decline by between 10 and 15 percent this year. When…
The UAE’s financial sector is set for major changes ahead of what Bloomberg has called the biggest M&A deal in the Middle East. The National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have agreed to merge, creating…
For a technology solution provider, breaking into a new market requires a clear-cut strategy. In the case of the hospitality market, this strategy ideally involves networking with hoteliers and showcasing solutions in a direct, hands-on manner. Sparking the interest of…
Middle East Venture Partners (MEVP) recently closed its second Middle East Venture Fund at 32 million USD – and in doing so, the venture capital firm became the largest independent funder of new businesses in the Middle East. MEVP specialises…
According to research firm PitchBook, venture capital funding for technology startups in Europe is down 1.5 billion USD, falling from 4.3 billion USD in the second quarter of 2015 to 2.8 billion USD in the second quarter of this year.…
The recent 3.5 billion USD investment by Saudi Arabia’s Public Investment Fund (PIF) into Uber has been the topic of heated discussion since its announcement in June. The investment gave the PIF’s Managing Director, Yasir Al Rumayyan, a seat on…
Developments in hotel technology are taking hold quickly in the Middle East, with hotel chains adapting new ways to interact with and cater to guests using cutting-edge technology. The most recent arrival on the hotel technology scene is a mobile…
With governments across the Middle East and North Africa predicted to spend 11.5 billion USD on information technology this year, competition among investors for lucrative opportunities is high. However, given the relatively underdeveloped tech sector in the Middle East, many…