The Technology Express Magazine | Edition: June 2022
The June 2022 edition of The Technology Express Magazine sheds light on the journey of Elon Musk, nicknamed the “Technoking of Tesla” and his endeavors to acquire Twitter. We dive deep into various fields of technology, from fintech, AI, and cloud computing, to cyber security, sustainable technology, and enterprise IT. We take a look at promising local tech startups and the ever-growing world of cryptocurrency, digital assets, and the Metaverse. The Technology Express magazine keeps its readers updated with reviews of the latest gadgets, apps, and services, car enthusiasts get their treatment too with the “Wheels” section. All of that is in addition to a monthly news update that keeps you well-informed in today’s fast-paced era.
The June 2022 edition of The Technology Express Magazine sheds light on the journey of Elon Musk, nicknamed the “Technoking of Tesla” and his endeavors to acquire Twitter. We dive deep into various fields of technology, from fintech, AI, and cloud computing, to cyber security, sustainable technology, and enterprise IT. We take a look at promising local tech startups and the ever-growing world of cryptocurrency, digital assets, and the Metaverse.
The Technology Express magazine keeps its readers updated with reviews of the latest gadgets, apps, and services, car enthusiasts get their treatment too with the “Wheels” section. All of that is in addition to a monthly news update that keeps you well-informed in today’s fast-paced era.
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EdTech start-up Manara raises $3
million in new funding round
The US-based educational technology
start-up Manara, which helps
engineers from the Middle East and
North Africa region get jobs at top
tech companies such as Google, Meta
and Amazon, raised $3 million in a
pre-seed funding round.
Abu Dhabi welcomes more FinTech startups
The Hub71 startup community in Abu Dhabi welcomed 16 new members on
Thursday. Here are some of the startups that will now be part of the business
hub in the Emirati capital city, according to a press release:
Trade Capital Partners — an Abu Dhabi-based company that raises money for
small businesses.
Zywa — a money management app designed for teenagers in the United Arab
Emirates (UAE).
Letswork — a service that allows users to book workspaces in the UAE,
Bahrain, and Portugal.
TAG — a digital banking mobile phone application in Pakistan.
UAE-Based FinTech Spades Raises
$2.5M in Angel Round
Spades, a United Arab Emirates
(UAE)-based dine-in payment
FinTech, closed a $2.5 million
angel round in May 10. Without any
downloads or registration, Spades’
service allows guests to pay bills
quickly and easily by scanning a code
or tapping to pay. As a result, wait
times may be reduced. Spades claims
that its solution can work with any
major point-of-sale (POS) system.
Careem will launch a new digital wallet in Saudi Arabia in the next fintech
push.
Careem, the UAE-based ride-hailing service, will expand its latest fintech
venture, digital payments, into Saudi Arabia, according to Mudassir Sheikha,
the company’s CEO, in an interview with Al Arabiya.
Sheikha referred to the Careem Pay wallet as the “largest” and “most
strategic” market, saying that “many of the things that we’re doing in the UAE
will be adapted to the reality of the Saudi market.”
www.thetechnologyexpress.com JUNE 2022 / 19
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