News
Bahrain’s Minister of Industry and Commerce to participate in MENA Angel Investment Summit 2024
Tenmou, Bahrain’s first Business Angel Investing Company, announced that His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, will participate in the ninth edition of the MENA An...
Investcorp appoints Mashaal AlJomaih as CEO of KSA
Investcorp, a leading global alternative investment firm, announced Mashaal AlJomaih’s appointment as CEO of Investcorp Saudi Arabia. AlJomaih previously held the role of managing director withi...
Merak Capital launches Exel By Merak to empower gaming startups
Merak Capital, a leading technology-focused investment firm, launched its 306 million Saudi Riyals Exel By Merak gaming fund and gaming accelerator to empower the next generation of gaming startups.
Sustainability startup, EcoProfessions expand into UAE
EcoProfessions, an innovative startup in sustainability recruitment, is expanding into the UAE to meet the growing demand for specialised talent in sustainability and Environmental, Social, and Govern...
NASA and Microsoft to develop Earth Copilot
NASA has collaborated with Microsoft to develop a custom AI-driven tool called ‘Earth Copilot’. This tool leverages the Azure OpenAI Service to simplify the process of analyzing Earth Scie...
How to achieve nationalization targets
As GCC nations increase their focus on nationalization goals, businesses across sectors face growing demands to meet compliance targets. For example, in the UAE, Emiratisation requirements are expecte...
Bitget announces the winners for Blockchain4Her
Bitget, the leading cryptocurrency exchange and Web3 company, hosted “Pitch n Slay,” in Bangkok on last week under a special initiative for its Blockchain4Her program. Organized to provide exposure fo...
Egyptian insurtech Amenli secures $2.3 million funding
Amenli, a leading insurtech broker licensed by the Financial Regulatory Authority in Egypt (FRA), has secured a new funding round of $2.3 million to accelerate its growth and enhance its service offer...
AI funding trends for 2024 and beyond
As the global artificial intelligence (AI) sector continues to attract robust investment, new trends are emerging that shape the funding landscape. Despite broader economic challenges, technologies su...