My Startup World Staff

Is your business AI-ready?

The online competition for attention and engagement has never been more intense. And the rapid rise of AI is exponentially increasing the tension, bringing things to a game-changing level. To stand out from the crowd and compete, leaders need to get their personal and business brands AI-ready.

EU’s landmark crypto legislation to drive cryptocurrency prices

The EU Parliament’s passing of the Markets in Crypto Act, or MiCA, has been hailed as a “landmark moment” for cryptocurrencies that will “help drive prices” for the likes of Bitcoin, by the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.

Corporate secrets available on recycled company routers

ESET unveiled its new research into corporate network devices that were disposed of and sold on the secondary market. After looking at configuration data from 16 distinct network devices, ESET found that over 56% – nine routers – contained sensitive company data.

Finnish biotech startup, eniferBio raises €11m in series A

Finnish biotech startup eniferBio has successfully raised an €11m series A funding round that was led by the Netherlands-based global aquaculture investment fund Aqua-Spark, with Tesi (Finnish Industry Investment) and Valio, Voima Ventures and Nordic Foodtech VC also joining the round.

Applications invited for VC4A Venture Showcase Africa

VC4A recently made a call for applications to the VC4A Venture Showcase Africa – 2023, the annual accelerator program that spotlights high-growth, high-impact ventures driving economic growth throughout the continent. The Showcase is an opportunity for African founders leading innovative and disruptive startups and scaleups,

Five entrepreneurs selected as finalists at Aviram Awards 2023

Five trailblazing entrepreneurs from across MENA have been selected as finalists for the 2023 Aviram Awards Foundation competition hosted by the Aviram Foundation and Forbes on 15th May in Marrakech where Bill Clinton will be the headline speaker.

Global concerns weigh on cryptocurrencies

Denys Peleshok, Head of Asia at CPT Markets predicted that cryptocurrencies could come under pressure as traders continue to consider the potential weakness in the US and European economies. Both economies could continue to see a slowdown in growth, contributing to a deterioration in investors’ sentiment and appetite for risk, in particular among institutional investors.

Applications open in Jordan for Visa Everywhere Initiative for fintech startups

Applications are now open in Jordan for the 2023 edition of the Visa Everywhere Initiative (VEI), a global open innovation competition that sees startups pitch their innovative solutions to solve tomorrow’s payment and commerce challenges.

UAE’s first startup funding show set to premiere soon

HPPL, in association with NKN Media has announced the launch of The Falcons, UAE’s first startup funding show that will support startups in raising funds on the spot. Aiming to give wings to innovative ideas and provide startups with the necessary resources to succeed, the show will feature falcons – tycoons, angel investors and VCs from around the world

11 startups in MENA selected for migrants accelerator program

11 startups operating in the Middle East and North Africa (MENA) region have been selected to join Village Capital’s Financial Solutions for Migrants program, an accelerator for impact-driven startups developing financial inclusion solutions for migrants.

Tunisian startup, CoaChess secures pre-seed funding from Omicrone

Tunisian startup, CoaChess announced to have secured a pre-seed round of funding of over $190,000 from its new French investor and startup builder, Omicrone. 

UAE launches Make it in the Emirates Startup Competition

UAE’s Ministry of the Industry and Advanced Technology announced the launch of Make it in the Emirates Startup Competition, in line with UAE Net Zero 2050 and the UAE’s direction towards sustainable economic development and industrial decarbonization.

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