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
UAE crypto push continues as Kraken invades Abu Dhabi Two other cryptocurrency exchanges have also announced moves to Dubai recently. United Arab Emirates
German bank to fund Aswan Dam, construction of solar plant in Egypt The Aswan Dam provides half of Egypt’s power supply. Egypt is also working to increase its use of solar power. Egypt
Emirati firm to build solar power plants in Morocco Morocco is heavily dependent on imports for its energy needs, and is working to increase its use of renewable sources. Morocco
Volvo invests in Israeli electric car battery maker StoreDot There is growing demand for electric vehicles in Israel. Like cars that run on gasoline, electric cars come with environmental concerns. Israel
Online shopping in Turkey took off in 2021 The jump coincides with growth in Turkey’s fintech sector, but e-commerce faces some challenges. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Robots to help Muslim pilgrims at holy sites in Saudi Arabia The robots will explain prayer rituals in Mecca and Medina in multiple languages, according to Saudi religious authorities. Saudi Arabia
Shareholder Saudi prince rejects Elon Musk’s bid to buy Twitter Prince Alwaleed bin Talal, one of the largest shareholders of the social media giant, believes Twitter is worth more than Musk is offering. Saudi Arabia
OPEC loans $100 million to Morocco to promote financial inclusivity Financial technology (fintech) is expanding across the Middle East and enabling more people to use financial tools. But some cultural barriers remain. Morocco
Israeli innovations in medical tech embraced worldwide In Europe, the US, Africa, and now also in Gulf states, hospitals and healthcare systems are adopting Israeli med-tech companies' new products. Israel
Quantum computing is the next revolution, Israeli cyber expert says Israeli intelligence commander-turned-tech executive Nadav Zafrir discussed cybersecurity’s relation to terrorism, the pros and cons of remote work, machines superseding humans and more on Al-Monitor’s 'On Israel' podcast. Israel
Egypt ramps up cyber, data security capabilities Egyptian government agencies are coordinating efforts to be prepared for future cyberattacks. Egypt
Saudi Aramco pursues diversification with artificial intelligence center The Saudi energy giant is flush with cash from oil sales abroad. Saudi Arabia