Monthly Archives: December 2024

Technologies

UAE-Founded Revibe Raises US$7Million Series A to Expand Sustainable Tech Business

  • By offering guarantee-backed refurbished devices the company has helped save over 4 million kgs of CO2 emissions while delivering savings of over US$14million to UAE consumers
  • This round adds to the US$2.3 million the firm raised in seed funding last year, and will be directed towards expansion of geographic footprint,and customer care and quality assurance teams

Dubai, United Arab Emirates – December 17, 2024 –Inless than two years since its launch, UAE-founded Revibe, the leader in guarantee-backed refurbished tech, has marked another milestone,having recently closed its Series A of US$7million in a round co-led by ISAI and Resonance, and featuring prominent investors such as Kima Ventures and Edouard Mendy. This follows a year of strongrevenue growth for the company. The fresh infusion of funds now strongly positions Revibeas the leader in the MENA region’s US$6billion refurbished consumer electronics segment.

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Health Care

Mecomed Joins Global Harmonization Working Party (GHWP) To Advance Medical Device Regulation Standards

December17, 2024, Dubai, UAE – Mecomed, a Medical Technology Association in the Middle East and Africa, has joined forces with the Global Harmonization Working Party (GHWP) as a Liaison Member. This powerful alliance marks a major milestone in advancing medical device regulation, accelerating efforts towards global regulatory convergence and harmonization, and ultimately transforming healthcare standards both regionally and globally.

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Technologies

6 key technology trends affecting the security sector in 2025

Written by:

  • Johan Paulsson, CTO, Axis Communications
  • Mats Thulin, Director Core Technologies, Axis Communications
  • Thomas Ekdahl, Engineering Manager, Axis Communications

We’ve once again reached the time of year when we look ahead to some of the technology trends that will affect the security sector over the coming 12 months. The pace of change is as fast as ever.

Some of the trends are evolutions of those we’ve seen in previous years. An obvious one is the continued interest in how AI will be applied in our sector, and we’ve highlighted some of the new considerations that will need to be addressed moving forwards. Others are new, or even a resurgence of topics we may not have focused on for a while.

National and regional legislators will once again try to keep pace with technological innovation. AI, cybersecurity, privacy, the need for resilience in critical entities… All these (and more) will be the focus of proposed and new regulation. We haven’t highlighted this as a specific trend, but it’s no less a priority and something every organization will need to respond to. 

We believe that within all of these trends lies significant opportunity for the sector. For our customers that means enhanced capabilities, more flexibility, greater efficiency and increased value.

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Education

An Artistic Vision for a Sustainable Future: PACE Education Group Sets a Vibrant Guinness World Record™

On December 17th, 2024, India International School, Sharjah (IISS) witnessed a remarkable achievement as 10,346 students gathered under the sky to set a new GUINNESS WORLD RECORD™ for the “Most People Painting Tote Bags Simultaneously.” The event, organized by the PACE Group of Education, was designed to promote sustainability, creativity, and environmental responsibility, in line with the UAE’s vision for a greener future.

The visionary leadership of the late Chairman, Dr. P.A. Ibrahim Haji, and his unwavering commitment to excellence and sustainability continues to inspire all involved, reminding us of the importance of dreaming big and achieving greatness. As we reflect on his legacy, we embark on this journey together. “One brush… one stroke… one paint… one bag… Together, we create not just art, but a symbol of sustainability, unity, and purpose,” said a spokesperson from the event, reflecting the UAE’s ambition for a brighter future.

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Technologies

Fastex Shapes Future of Web3 in MENA and Beyond Via‘Harmony Meetup VI’

Dubai, UAE 17 December 2024: On 13 December, Fastex, a leading Web3 ecosystem reshaping the landscape of blockchain and digital finance, hosted Harmony Meetup VI, a premier gathering of Web3 leaders, innovators, and industry experts, at the InterContinental Ras Al Khaimah.

The event focused on the transformative potential of blockchain technology and its integration into the MENA region’s rapidly growing digital ecosystem. Harmony Meetup VI represented a pivotal opportunity for thought leaders to discuss key trends, foster collaborations, and explore the future of decentralized finance, digital ownership, and blockchain innovation.

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