News
Zubair EDC explore ways to support the growth of SMEs
The Zubair Enterprises Development Centre (Zubair EDC), a social initiative by Oman’s Zubair Corporation, organised the final session of its ‘Tajribati’ series for 2024. The session, titled ‘Str...
Maiwa wins the She’s Next program in Bahrain
Visa, together with Bahrain Islamic Bank (BisB) and Bahrain Fintech Bay, announced Haya Al Jassim, Founder of Maiwa, as the She’s Next grant program winner for Bahrain. Handpicked from a pool of...
Intersec and Ignyte to launch Intersec Startup Arena
Intersec 2025 has announced its partnership with Ignyte, a digital platform developed by the Dubai International Financial Centre to help startups grow and expand globally from Dubai. Together, they w...
Collective Artists Network expands into Middle East
Collective Artists Network, India’s largest celebrity management company, announced the launch of its Dubai office, marking an expansion of its operations into the Middle East. As a company at the for...
Chainalysis acquires Hexagate for $60 million
Chainalysis has acquired Blockchain security company Hexagate for a reported $60 million. Hexagate provides web3 security solutions that detect and mitigate real-time threats, including cyber exploits...
Databricks raising $10B in Series J funding at $62B Valuation
Databricks announced its Series J funding to raise $10 billion of expected non-dilutive financing and has completed $8.6 billion to date. This funding values Databricks at $62 billion and is led by Th...
Netherlands launches 2.6 million euro fund to support young Iraqi entrepreneurs
The Kingdom of the Netherlands signed an agreement with Iraq Venture Partners (IVP) to launch the Second Phase of the Orange Corners Innovation Fund (OCIF) in Baghdad at a ceremony that was attended b...
SVC invests in Raed III venture capital fund
Saudi Venture Capital (SVC) has announced an investment in Raed III L.P., an early-stage venture capital fund managed by Raed Ventures.
Losses from crypto thefts reaches $2.2 Billion in 2024
In recent weeks, Bitcoin, the world’s most valuable cryptocurrency, has once again been making headlines for the impressive bull run that saw it surpassing US$100,000 for the first time ever. While th...