News
UAE-based Game tech startup Playgama secures $3 million
Playgama, a UAE-based game tech startup aiming to give the developers of HTML5 games (also known as web games or browser games) access to the whole web market at once, has raised $3 million in a fundi...
Khalifa Fund unveils MZN Hub to transform the entrepreneurial journey
Khalifa Fund for Enterprise Development unveiled its new operational model, MZN Hub, which will be operational in 2025. The Hub will utilise AI-driven solutions to create an integrated, cutting-edge e...
ABO Digital invests $5 million in The Binary Holdings
The Binary Holdings, a UAE-based technology powerhouse valued at $16.9 billion, today announced a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm providing a...
GCC economies to double their growth rate in 2025
According to the latest ICAEW Economic Insight report prepared by Oxford Economics, the GCC economies will more than double their growth rate from 1.9% in 2024 to 4% in 2025. This acceleration comes d...
Entrepreneurs, start-ups in spotlight at Abu Dhabi Business Week
As repoAbu Dhabi Business Week (ADBW) has showcased the efforts of the Abu Dhabi Businesswomen Council (ADBWC) of the Abu Dhabi Chamber of Commerce and Industry (ADCCI) in supporting entrepreneurs and...
Standard Chartered celebrates women entrepreneurship on Bahraini Women’s Day”
Standard Chartered Bank hosted a panel discussion on the occasion of Bahraini Women’s Day. The discussion brought together participants from all five cohorts of the “Women in Tech” program, an initiat...
Eon raises $70 million in Series C funding led by Bond
Eon, the next-gen cloud backup platform, raised a $70 million series C funding round led by BOND, growing its valuation to $1.4 billion. Several return investors joined the round, including Sequoia Ca...
Impact46 invests SAR 50 million in Saudi startup Cipher
Saudi venture capital firm Impact46 has announced a strategic pre-IPO investment of SAR 50 million (over $13.3 million) in Cipher, a Saudi-based cybersecurity startup. This investment underscores Impa...
Flat6Labs invests in 10 Saudi startups
Flat6Labs has made significant strides in supporting Saudi Arabia’s startup ecosystem, now reaching a total of 41 investments in the Kingdom through the Startup Seed Fund. Since its launch in 2023, Fl...