Five years after Elon Musk imagined the Hyperloop, two companies are vying to make it a reality between the United Arab Emirates’ two most prominent cities. The proposed Hyperloop between Dubai and…
The Top Five GCC Startups to Watch Out For
The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics.…
DiDi Makes Next Move in Ride-Hail ‘Game of Risk’ with Careem Investment
China’s DiDi Chuxing has made another big move in the global ride-hailing market, by partnering with Middle Eastern brand Careem. The Dubai-based firm claims to be present in 80 Middle Eastern cities,…
Tesla Acquires SolarCity – But Markets are Unsure
Tesla has officially acquired SolarCity, the largest American provider of solar energy services. The deal, which was sealed this morning, was approved by over 85% of Tesla shareholders, and marks another significant step…