News
In5 startup funding grows close to AED 8bln
Since its inception, funding raised by startups within TECOM Group entrepreneurship incubator in5 has crossed AED 7.8 billion, representing 163% growth over total funding raised as of 2023. This demon...
World’s largest cybersecurity startup hub GISEC North Star to debut in 2025
GISEC Global has announced the launch of GISEC North Star, an expanded startup zone designed to connect cybersecurity innovators, investors, and industry leaders on an unprecedented global scale. In p...
Tenmou opens registration for MENA Angel Investment Summit 2024
Bahrain’s first Business Angel Investing Company “Tenmou”, has formally announced the commencement of the registration period for the highly anticipated ninth edition of its MENA Angel Investment Summ...
Bahrain FinTech Bay launches MENA Innovation Academy
Bahrain FinTech Bay (BFB), a leading hub for financial technology innovation, announces the inception of the MENA Innovation Academy (MENA-IA). This initiative is dedicated to cultivating talent, fost...
Octa raises $2.25mln to automate accounts receivable and empower SMEs
OCTA, a fintech startup focused on revolutionizing accounts receivable management for small and medium-sized enterprises (SMEs), announced the close of its $2.25 million USD pre-seed round. The round ...
Young startups and agribusinesses shine at Uganda trade fair
Twenty-one young Ugandan entrepreneurs, including 11 women-led agribusinesses, presented their innovative products and sustainable solutions at the country’s biggest trade event, the Uganda Manufactur...
Deloitte introduces AI Factory as a Service in the Middle East
Deloitte Middle East announces the roll-out of the ‘AI Factory’ as a Service, a scalable suite of Generative AI (GenAI) capabilities built on the NVIDIA AI platform, including NVIDIA AI En...
Intellect launches eMACH.ai Cloud for Wholesale Banking
Intellect Global Transaction Banking (iGTB) announced the launch of eMACH.ai Cloud for Wholesale Banking. This principle-based platform is designed to empower wholesale banks with a comprehensive suit...
GCC VC Funding soars 30% amid global downturn
Pulsar has released its latest research on the Gulf Cooperation Council (GCC) venture ecosystem. The report provides an in-depth analysis of the 30% growth in venture capital (VC) funding across the r...