News
Wa’ed Ventures to invest $100 million in early-stage AI startups
Wa’ed Ventures announces earmarking $100 million for early-stage AI investments, a bold move to support positioning the Kingdom as a global AI hub. To aid with strategic deal sourcing and accelerate l...
eZhire achieves 102% annual growth
eZhire, the world’s first fully on-demand car rental platform, is celebrating a remarkable milestone, reporting an outstanding 102% CAGR since its inception in 2016. This tremendous growth under...
KPMG reports lobal VC investments on seven-year low
Global VC investment fell from a five-quarter high of $95.5 billion in Q2’24 to a nearly seven-year low of $70.1 billion in Q3’24, amid ongoing geopolitical conflicts, the continued exit drought, anti...
Logitech introduces MeetUp 2 Video Bar for Huddle Rooms
Logitech introduced its latest innovation, MeetUp 2. This next-generation video conferencing solution is an AI-powered USB camera designed for bring-your-own device (BYOD) and PC-based setups in huddl...
Viridia Tech win the 2024 Mega Green Accelerator
Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, following an exciting industry Demo Day held in Riyadh where eight startups from across the Middle East and North Afr...
Hubpay launches fully automated hedging platform
Hubpay, the leading fintech company specializing in digital foreign exchange (FX) solutions has launched the UAE’s first fully automated hedging platform that will minimize SMEs exposure to currency f...
Google for Startups Accelerator launches its AI First inaugural cohort
Google has launched its Google for Startups Accelerator: AI First program during an event at the Dubai Future Foundation Auditorium featuring the inaugural cohort of 15 exceptional AI startups from th...
Dubleuse launches serviced offices for startups and SMEs in New Cairo
Dubleuse, a leading real estate company, has proudly introduced “PlugN,” a new line of fully equipped serviced offices managed by a specialized facilities management team. This launch mark...
Authologic raises $8.2 million in Series A funding led by OpenOcean
Authologic, a global digital identity verification platform, streamlining KYC and AML processes with secure e-ID solutions to combat fraud and meet compliance, has announced an $8.2 million Series A f...