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Swvl first $1.5b unicorn from ME to list on Nasdaq-

July 29, 2021

Swvl, a Dubai-based provider of mass transit and shared mobility solutions, and Queen’s Gambit Growth Capital, the first special purpose acquisition......

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Dubai based start-up Udrive closes $5mln funding round

July 28, 2021

Dubai based start-up Udrive, an app-based pay-per-minute car rental service, closed a $5 million funding round led by regional business leaders and......

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ZonesCorp hands over 1.38 million sqm in Rahayel Automotive and Mobility City

July 28, 2021

ABU DHABI, 27th July, 2021 (WAM) -- As part of its effort to create integrated opportunities and add value to the nation’s automotive industry,......

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Shares of PIF-backed EV maker Lucid Motors rise in Nasdaq debut

July 27, 2021

Shares of Lucid Group increased as much as 11 per cent on their Nasdaq debut on Monday after the electric vehicle maker completed its merger with......

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Dubai RTA uses AI, high-tech to improve bus services

July 26, 2021

DUBAI - Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), revealed......

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CARS24 makes inroads into UAE

July 25, 2021

UAE - CARS24, an e-commerce platforms for pre-owned vehicles, has entered the UAE with a wide variety of vehicles for the country’s car enthusiasts.......

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Velodyne Lidar Partners with NVIDIA Metropolis for Intelligent Infrastructure Solutions

July 15, 2021

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced it has joined the NVIDIA Metropolis program for Velodyne’s Intelligent Infrastructure......

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Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

July 15, 2021

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of the Toyota Motor Corporation, announced the acquisition of CARMERA, Inc.......

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Quanergy Selected by PARIFEX as Exclusive Supplier of Long-Range 3D LiDAR for Highway Speed Detection and Enforcement

July 13, 2021

Quanergy Systems, Inc., a leading provider of OPA-based solid state LiDAR sensors and smart 3D solutions for automotive and IoT, today announced......

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Thales’ Leading Position in Connectivity & Cybersecurity to Bring Trust to the Next Wave of Connected Cars

July 13, 2021

  • Connected cars offer improved user comfort and safety, while helping the...

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