News
Tenable unveils new solution for AI and Large Language Models
Tenable announced the release of AI Aware, advanced detection capabilities designed to rapidly surface artificial intelligence solutions, vulnerabilities and weaknesses
Summer experiences boom in digital payments across UAE and Saudi Arabia
Consumers’ preferences for digital payment methods have deepened over the summer period in the UAE and Saudi Arabia, according to new data from global payments solution provider Checkout.com. The comp...
Paymob raises $22 million in Series B extension round
Paymob announces a $22 million Series B extension round – taking the Company’s total Series B funding to $72 million led by EBRD Venture Capital with participation from Endeavor Catalyst.
M2 joins Middle East Investment Management Association
M2, a leading cryptocurrency exchange and custodian based in Abu Dhabi, has announced its membership in the Middle East Investment Management Association (MEIMA). The company will play an active role ...
FlapKap secures $37.6 million in Pre-Series A Funding led by BECO Capital
UAE-based fintech startup FlapKap has secured US$37.6 million in pre-Series A funding, led by BECO Capital with significant participation from Pact VC, A15, Nclude, QED Investors, and Channel Capital....
Hub71 welcomes 21 startups in its 15th Cohort
Hub71 has welcomed 21 startups in Cohort 15, increasing the total number of ventures it supports to 243. Following a rigorous selection process, these startups will enter Hub71’s Access program ...
Sheraa positions Sharjah as the leading entrepreneurship hub in the region
The Sharjah Entrepreneurship Center (Sheraa) convened the new board’s first meeting under the leadership of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sheraa, to drive innovation, fost...
Dubai partners with noon to empower entrepreneurs and SMEs
The Dubai Department of Economy and Tourism (DET) has partnered with noon, the local digital champion, to launch an e-commerce program to bolster further the growth of small and medium enterprises (SM...
Syarah closes $60 million Series C round led by Artal Capital
Syarah, a Saudi based leading car trading e-commerce platform has successfully raised over $60 million in Series C round. The round was lead by Artal Capital, a Riyadh-based investment management firm...