Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking a more supportive ecosystem.

Dubai, UAE - The total spending in the UAE's space sector witnessed a 6.61 percent increase compared to the previous year with the government spending accounting for 55.7 percent of the total spending, marking a 12.7 percent increase year-on-year, while commercial expenditure made up 44.3 percent of the total, revealed...

Riyadh, Saudi Arabia - Saudi Arabia has positioned itself as a potential world-leading hub for biotech research, development, and pharmaceutical manufacturing following an investment of $3.9 billion in research and development (R&D) since 2021.  The country's strategic move aligns with its ambitious goals of economic diversification and addressing crucial healthcare...

Dubai, UAE - Dubai Electricity and Water Authority (DEWA) in the UAE has recently announced that its 3D printing efforts have resulted in significant cost savings of AED 509,658 ($137,000) during the years 2021 and 2022.  The organization successfully produced over 1,800 spare parts for various divisions including generation, transmission,...

There are three main pillars to this approach: transforming existing industries with advanced technologies, creating the green industries of the future, and decarbonizing hard-to-abate industries. We believe that with the right enablers—policy, technology, access to finance, and partnerships—we can achieve climate targets, she adds.

The ADIO, during the event, announced its support for three innovative global companies -- Ubisoft, Insilico Medicine and the Applied AI Company -- as the UAE capital’s tech ecosystem begins 2023 in expansion mode and seeks to enhance its tech R&D and operational capabilities.