Government

The Ministry of Industry and Advanced Technology (MoIAT) in the United Arab Emirates (UAE) has welcomed the participation of more than 80 companies and institutions in its groundbreaking Industrial Technology Transformation Index (ITTI).

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), has forged a strategic partnership with DXC Technology (NYSE: DXC), a prominent Fortune 500 global technology services provider.

For new start-ups in 2022, the Middle East and North Africa (MENA) area is proving to be a popular option. In June 2022, startups in the MENA region collected an astounding $323.7 million across 66 deals where US investors were the most active foreign investors.

The collaboration will assist Hub71-based startups by providing them with access to Clara's innovative digital platform, which will simplify the complex legal processes involved in establishing, growing, and exiting a startup.