News
Blackstone plans to open office in Kuwait
Blackstone announced plans to open an office in Kuwait through the Kuwait Direct Investment Promotion Authority (KDIPA), further strengthening its presence in the GCC.
Jada Fund of Funds backs $200 M Growth Catalyst Fund I
Jada Fund of Funds has announced its strategic commitment to Growth Catalyst Fund I, a Saudi-based private equity fund licensed by the Capital Market Authority with a targeted fund size of SAR 750 mil...
RUWAD approves AED1.577 M funding for 3 new projects
As reported by WAM, the Project Finance Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), of Sharjah Economic Development Department (SEDD), held its third meeting in 20...
neofashion launches AI fashion photography platform
neofashion.ai, an AI content platform for fashion retailers built by UAE-based Fipera, opened self-serve access at neofashion.ai, allowing any fashion brand to generate on-brand product photography, v...
B Capital names Dr. Andrew Jackson to lead AI strategy
B Capital, a global multi-stage investment firm, announced the appointment of Dr. Andrew (“Andy”) Jackson as General Partner and Chief AI Officer. Dr. Jackson will lead B Capital’s g...
Fincart raises $2.8 million to scale its regional operations
Egypt‑based e‑commerce operations platform Fincart has raised an oversubscribed $2.8 million Seed round, co‑led by Launch Africa and Antler MENAP, with participation from Yango Ventures, Five35 Ventur...
Ash Games raises $1.5 million to drive global expansion
Saudi Arabia‑based game development studio Ash Games has raised a $1.5 million Seed round, co‑led by Merak Capital and Impact46 through the Merak Gaming Fund, marking a major step in its ambition to s...
Khalifa Fund & Hub71 host first MZN Hub71 Demo Day
Khalifa Fund for Enterprise Development (KFED) and Hub71 hosted the first MZN Hub71 Demo Day, bringing together the inaugural cohort of 17 Emirati founders who presented startups developed through the...
Tally Solutions fully Accredited Service Provider in UAE
Tally Solutions today announced that it has been officially listed as a fully Accredited Service Provider (ASP) by the UAE Ministry of Finance. The milestone reinforces Tally’s commitment to sup...