I-Bridge Capital, a health-care focused venture capital firm and incubator based in Shanghai, has announced the establishment of a joint venture with BioLineRx Ltd., a drug company based in Israel. The venture will incubate healthcare startups, in order to develop innovative clinical and pre-clinical therapeutic projects. Though these projects will originate primarily in Israel, they…
Last year, cyber attacks cost businesses an estimated 400 billion USD per year, according to British insurance company Lloyd’s. The estimate includes not only direct damage but also the disruption to business following the attack – because often, it is not the attack itself that causes the most damage, but its aftermath, which can drag on…
Today, an estimated two to five percent of global commerce takes place online. However, for many businesses, embracing the increasingly digital nature of business has been far more easily said than done. Businesses outside of the tech sector are often burdened with legacy systems and outdated methods of information processing. This results in a direct…
Following the historic decision by GCC member states to adopt value added tax (VAT) on January 1st 2018, regional businesses are scrambling to determine exactly what the tax will mean for them. For regional CFOs, the introduction of VAT within the GCC marks the beginning of a new era in financial reporting, and therefore a…
Talent acquisition and talent management are the twin cornerstones of a successful business, often trumping all other resources in terms of their ability to influence profits and organisational longevity. For CFOs, the ability to nurture talent is key to building a pipeline to the C-suite – an important feature of succession planning. A CFO is…
Europe will need between 670 and 780 billion USD worth of investments into its digital infrastructure if it hopes to keep pace with the United States and China. The region needs to develop fibre-optic networks and high-speed 5G wireless applications and networks in order to stay competitive in the global tech arena. According to Guenther…
Chinese investors are becoming increasingly interested in Europe, reports show. In the UK alone, Chinese investment into business and infrastructure has increased by nearly 500 percent over the past six years – from 666 million GBP in 2010 to 3.8 billion GBP in 2016. According to former Chancellor of the Exchequer, George Osborne, as many…
The Middle East is a region known for its high liquidity and its concentration of high-net worth individuals – and not for its tech sector. This is mainly due to the fact that the regional tech sector is underdeveloped. Entrepreneurship is hindered by complicated regulations and restrictions, bureaucracy, geopolitical and economic instability, and the lack…
The GCC, or Gulf Cooperation Council (Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait and Oman) has many advantages as a tech market. Its benefits include its comparatively high proportion of youth, and its strategic location – Dubai, which is emerging as the regional tech hub, is within a four-hour flight radius of one-third…
Middle Eastern real estate investors are partnering with US developers to make significant investments into US property. The Kuwait Real Estate Company (Aqarat) has partnered with New York’s Synapse Development Group to invest a total of 25 million USD in various US properties in the future. Aqarat and Synapse will also be leveraging their capital…