Tuesday 9 February 2016
 
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Accelerator

$100m Bahraini fund for first cloud accelerator in Mena

A $100 million allied venture capital fund based in Bahrain will work as the first cloud technology accelerator in the Middle East and Africa (Mena) region, it has emerged. Known as the Gulf Technology Corporation, the fund will be managed by

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Qatar’s Accelerator Programme graduates present inventions

Some of Qatar’s most promising entrepreneurs took to the stage last week at Qatar Science and Technology Park’s first ever Demo Day, marking the completion of an intense three-month Accelerator Programme to prepare them for launching

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Turn8 seeks new ideas for seed accelerator programme

DP World backed Turn8 is seeking innovative technology ideas for the next round of its seed accelerator programme. Individuals and teams can pitch their innovative ideas or early stage businesses at a number of events scheduled in

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Toyota expected to pay $16.4m US fine

The Obama administration expected Toyota to agree to pay a record $16.4 million fine over US government allegations the company knowingly delayed a massive accelerator pedal recall in January, a source familiar with the matter said. Toyota

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Toyota to announce pedal fix plan in US today

Toyota Motor will announce on Monday details of its plan to fix accelerator pedals that have led to the recall of 2.4 million cars in the US as it scrambles to put its worst public relations crisis behind it. Toyota Motor Sales USA., its l

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