News
UAE receives $34 billion in crypto inflows
According to a new report by a leading provider of blockchain and Bitcoin solutions, Mining Grid – the UAE received $34 billion (AED124B) in crypto inflows between July 2023 and June 2024, reco...
RedBox celebrates 10 million parcels and plans expansion
RedBox, the leading smart package delivery solutions provider in Saudi Arabia, has announced the successful delivery of over 10 million parcels, marking a major milestone in its mission to redefine th...
Tali Ventures leads investment in Tarmeez Capital
Tali Ventures, the corporate venture capital arm of stc group, has led a strategic funding round in Tarmeez Capita. This milestone marks the company’s transition from a successfully bootstrapped ventu...
BioSapien extends Pre-series A round to over $8 million
BioSapien, the pioneering biotech company behind MediChip announces a new extension to its pre-Series A funding round and the appointment of new talent across the business, including Joseph Borrello, ...
50% of Indian startups to emerge from small cities
At the 10th edition of the Matrix Global Summit, TiE Bangalore launched its flagship report, India as a Startup Superpower by 2035, A Strategic Roadmap, outlining a transformative vision for IndiaR...
RAKEZ concludes strategic roadshow in UK
Ras Al Khaimah Economic Zone (RAKEZ) has successfully concluded a weeklong roadshow in the UK, strengthening its ties with the British business community and spotlighting Ras Al Khaimah’s growing appe...
EQIQ to invest $3 million in new Iraqi digital bank
EQIQ, a venture capital fund and venture builder led by founding partners with a track record of investing over $500 million in technology ventures and generating returns exceeding 3.3x, has announced...
Primrose eyes $500 billion GCC Family office market
Primrose Capital Management has secured an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. The approval marks the first milestone in Primrose’s appli...
Cigna to offer health coverage for Ignyte startups
Cigna Healthcare Middle East has partnered with Ignyte to provide comprehensive and scalable health coverage to startups registered with Ignyte.