Newsletter: FutureVerse Coinbase joins UAE crypto rush The US crypto giant received a license from Abu Dhabi Global Market in August. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Middle East's EV bet faces reality check The latest warning sign comes from Lucid, the US luxury EV maker majority-owned by Saudi Arabia’s Public Investment Fund, which in early August reported a $1.26 billion second-quarter loss. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Red Sea tech risks resurface An estimated 17% of the world’s internet traffic and 90% of Europe-Asia communications traverse submarine cables in the Red Sea. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Nuclear tech tensions Plus, the Middle East’s expertise in pioneering cooling technology, OpenAI’s move into Israel and more. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse Uber's Gulf delivery bet By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse The UAE's new AI advantage By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse The next phase of Middle East tech By Samuel Wendel In Washington, DC, reporting on regional business and tech
Newsletter: FutureVerse No ceasefire in cyberspace By Samuel Wendel In Washington, DC, reporting on regional business and tech
Dubai-based firm to build offshore wind farm in UK Many Emirati companies are working on renewable energy projects. United Arab Emirates
China’s NWTN to build electric vehicle facility in Abu Dhabi The deal represents the UAE’s push toward green technology, as well as China’s growing influence in the wider region. Legacy: Gulf
Investment in Israeli food tech doubles Israel is quickly becoming one of the world leaders in cultivated meat, dairy and seafood products. Israel
Qatar to build new plant to produce blue ammonia Several Gulf states are experimenting with blue ammonia and carbon capture technology, which has energy-related potential but a mixed impact on the environment. Legacy: Gulf
Russia, South Korea cooperate on Egypt’s Dabaa nuclear plant South Korea has won a $2.25 billion deal to construct turbine buildings for Egypt’s first nuclear power plant in Dabaa, which Russia is currently constructing. Egypt
Saudi firm Alfanar to build green hydrogen plant in Egypt Saudi Arabia is helping Egypt boost its renewable energy capabilities. Egypt
Qatar issues first digital payment licenses to fintech providers Qatar as well as Saudi Arabia and the UAE are seeking to bolster their fintech sectors. Legacy: Gulf
Israeli radiation vest features in NASA space mission The mission by the US and German space agencies seeks to enable future travel to Mars. Israel
Israel-US sign cybersecurity agreement Adamant to increase bilateral and international cooperation against cyber ransom and other cyberthreats, Israel and the United States signed Aug. 23 a memorandum of understanding to that effect. Israel
Egypt builds virtual hospital to reach remote Sinai patients Cairo is building a virtual hospital connected to mobile clinics to serve the Bedouin communities in South Sinai. Egypt
Young Gazan produces diesel, gasoline from plastic waste Amid increasing fuel prices in the Gaza Strip, a citizen and his brothers from the city of Beit Hanoun managed to produce diesel and gasoline from plastic waste. Palestine
Emirati AI firm G42 launches $10 billion investment fund The UAE is seeking to become a leader in artificial intelligence, and has also successfully attracted some fintech firms. United Arab Emirates