Middle Eastern investors spend billions on US tech

The Middle East is a region known for its high liquidity and its concentration of high-net worth individuals – and not for its tech sector. This is mainly due to the fact that the regional tech sector is underdeveloped. Entrepreneurship…

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Chinese consortium invests 900 million USD into Media.net

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…

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Breaking into new markets as a technology vendor

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…

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Securing deals in the competitive hotel technology market

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…

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Middle Eastern tech fund closes at 32 million USD

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…

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