News
MEA Startups Gain Traction at AIM Startup 2019


Over 100 startups and young companies mostly from the Middle East and North Africa region (MENA) convened at the third edition of AIM Startup which runs in conjunction with Annual Investment Meeting, held in Dubai until the 10th April. Being held under the theme ‘Harnessing Global Digitization to Empower Startups and SMEs’, AIM Startup witnessed the participation from several MENA companies including Darajtee, 360 Moms, Tarteeb, Takalam, Akyas from Kingdom of Jordan; Wakoo, E-pill Box, Go Diving, Ideabot, Diabetic Wound Detector from State of Kuwait; and Telpay, Zayr, Adeeb Kids, Pocket Carage, Fastmovers from Oman.
In addition, companies from Lebanon included Formidable Industries, Groovy Antoid, Neotic, Lemonade Fashion, Lexyom and Augmental. Mutamer, Pick Logistics, Maya Clinics, Vigorous Antelope participated from Riyadh – Saudi Arabia and Firnas Aero, Bab Makkah, Men Wall, Tagit Games, Passioneurs from Jeddah – Saudi Arabia. Countries participating from Egypt included the likes of Garment IO, Epic VR, WideBot, ZeroPrime Can Waste, and VoXera, whereas the UAE witnessed the presence of companies as INVOIZ and several others.
These companies were selected during a roadshow pitch competition held in the region. The selected startups now have the opportunity to participate in the final pitch competition, where the best innovative minds in entrepreneurship will emerge as the winner of the annual competition and receive $50,000 seed money to support their project on the last day of the event.
While 360 Moms focused on its unique bilingual content and mamas reward cards, Men Wall- a local brand of Saudi Arabia provided shaving and grooming products made out of organic products through a subscription model. A spokesperson from the company stated, “Start-ups are doing well in Saudi Arabia and the government is offering the right support. We are here at this platform to raise funds worth 300000 riyals.”
Another highlight of the competition was Taklaam- an app developed to help individuals who suffer from stuttering. The app makes use of an internal speaker and a hidden microphone, permitting individuals to speak more clearly. In addition, INVOIZ, a UAE based-mobile app that encourages the use of e-receipts over paper was another highlight of the event.
In addition, Augmentalan educational platform that uses artificial intelligence, Zayran online platform that helps travellers connect to local experiences and BabMakkah, an online platform that provides authentic and high-quality products from Makkah were some other key participants at the event. At AIM Startup’s third edition, Khalifa Fund is also showcasing its innovative services and financing solutions for national SMEs.
Mouza Al Nasri, Acting Chief Executive Officer of Khalifa Fund, said: “KFED is always keen to participate in such important events to interact with various stakeholders and meet local entrepreneurs and owners of innovative SMEs. Our participation in this year’s edition of AIM Startup is aligned with our commitment to engage with Emirati entrepreneurs and help nurture their potentials, falling in line with our endeavours to create a more sustainable, innovative, and integrated society in Abu Dhabi and the UAE.”
Dubai South was another exhibitor at the global forum. Shoeb Alrahimi – Vice-President of the Business Park at Dubai South said, “80 percent of the companies with Dubai South are SMEs and to support SMEs in the aviation sector we also waived fees for this segment. Our aim is to support young companies and our participation at the event is a testament of the same.” AIM Startup has over the years been counting on the continued support of the public and private sector to provide much-needed tools in learning and networking platforms for investors and entrepreneurs.
On the national level, the support comes from National Program for SMEs and Projects, Sheraa, Sharjah Business Women Council, Khalifa Fund, Dubai South, Wamda, Abu Dhabi Global Market, and many more. From the international level, AIM Startup is highly supported by BIAC, Wadi Makkah, Monshaat, Mohammed bin Salman College and in partnership with Korean Trade Association, Indian SME Chamber, Switzerland’s Solar Impulse Foundation, and Brazil’s Mango Venture.

Components
Users Claim That Nvidia GPUs Are Melting Power Cables

Early adopters of Nvidia’s new GeForce RTX 5090 graphics card are reporting issues with melting power cables, with at least one report on YouTube and another on Reddit. This situation mirrors an earlier problem with the RTX 4090, where power connectors melted or caught fire, damaging GPUs and power supplies.
Investigations revealed that the 4090’s connector issues were largely due to user error, with 12VHPWR connectors not being fully inserted or bent, creating stress and heat. The PCI-SIG, the standards body for the connector, stated the design was sound and blamed implementation issues. An updated connector, 12V-2×6, which ensures proper seating before delivering power, replaced the 12VHPWR connector in the RTX 50-series cards.
Both connectors aim to deliver significant power to high-end GPUs via a single cable, reducing the need for multiple 8-pin connectors and saving board space. While Nvidia, Intel, AMD, Qualcomm, Arm, and others are PCI-SIG members, Nvidia is the primary user of these connectors in its GPUs. AMD and Intel continue using 8-pin connectors, with some Nvidia partners doing the same for lower-end cards like the RTX 4060 and 4070 series.
The two reported RTX 5090 incidents involved third-party cables, one from MODDIY and another from an FSP power supply, rather than Nvidia’s provided 8-pin adapter. It’s too early to determine if the problem lies with the cables, Nvidia, the connector design, or user error, or if it’s simply a coincidence.
Accessories
Apple’s Beats Unveils Powerbeats Pro 2 with Heart-Rate Monitoring

Apple Inc.’s Beats division has unveiled the long-awaited Powerbeats Pro 2, which features noise cancellation, a heart-rate monitor, and a revamped design aimed at athletes. This new model incorporates capabilities seen in Apple’s AirPods, such as transparency mode for better external noise awareness and the H2 chip for enhanced sound quality. Additionally, it offers improved spatial audio for a 3D listening experience and comes with a smaller, wireless charging case.
The heart-rate monitor is a notable first for Apple-designed earbuds, expanding the company’s health-related features, and utilizes technology found in the Apple Watch. Despite a slow holiday season for Apple’s wearables business—with sales in the division falling nearly 2% to about $11.8 billion—the introduction of these new earbuds is anticipated to drive interest and sales.
Priced at $250, the same as the previous model, the new Powerbeats Pro 2 will be available in black, orange, purple, and a color called quicksand. This price point matches the AirPods Pro 2, although the Powerbeats may be more appealing to athletes due to their secure ear hooks.
Apple Vice President Oliver Schusser, who oversees Beats as well as the company’s sports, TV+, and music initiatives, hailed the new Powerbeats as “the most impressive product in Beats’ history.” Acquired by Apple in 2014 for $3 billion, Beats remains the company’s largest acquisition to date.
The heart-rate monitor will be compatible with fitness apps like Peloton, Nike Run Club, Ladder, and Slopes, with data integration into the Apple Health app. The earbuds will also be compatible with Android devices. Apple is reportedly working on AirPods with heart-rate monitoring, though they are still many months away from release.
In terms of battery life, the Powerbeats Pro 2 holds an advantage over AirPods, with 10 hours of usage on their own and 45 hours with the charging case, compared to six hours for AirPods alone and up to 30 hours with the case. However, AirPods continue to offer unique features, such as a new hearing aid functionality.
Gadgets
Huawei to Launch HUAWEI Mate XT Tri-Fold Smartphone Globally in Kuala Lumpur

HUAWEI is set to debut the Mate XT, the first commercial tri-fold smartphone, globally in Kuala Lumpur, Malaysia, on February 18, 2025. Previously available only in China, this innovation combines a tablet-sized screen with a smartphone form factor, potentially creating a new category of handheld devices. The Mate XT offers single, dual, and triple-screen modes, enhancing productivity and leisure.
At the same event, Huawei is expected to unveil the HUAWEI MatePad Pro 13.2”, featuring a complete office suite and detachable HUAWEI Smart Magnetic Keyboard, aimed at setting a new standard for tablet productivity. The launch may also include the HUAWEI Band 10 and HUAWEI FreeArc, a new open-ear earbud with an earhook design.
With these new releases, Huawei aims to revolutionize consumer gadgets, integrating digital and real-world experiences. The event promises to showcase groundbreaking devices and mark a significant step in tech innovation.
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