News
ADDED supports Inovartic Investment for advanced material manufacturing
The Abu Dhabi Department of Economic Development (ADDED) has signed a MOU with Inovartic Investment, a leading technology innovation company, to establish a facility in Abu Dhabi to produce graphene a...
Global Startup Awards announces winners from Southern African
The Global Startup Awards (GSA) Africa platform continues to establish itself as the premier stage for startups, showcasing innovative solutions, attracting investments, and gaining international visi...
Jordan’s ISSF invests additional $2 million in Oasis Ventures II
The Innovative Startups and SMEs Fund (ISSF), Jordan’s largest investment fund, has increased its commitment to Oasis Ventures II (OVII) from $3 million to $5 million.
Qatar Development Bank and ESCWA to host 3rd Arab SME Summit
Qatar Development Bank (QDB) has partnered with the United Nations Economic and Social Commission for Western Asia (ESCWA) to promote and support SMEs in Qatar and the Arab region. QDB will host the t...
Watermelon Ecosystem secures $4 million in Series A funding
Watermelon Ecosystem, a fast-growing startup revolutionizing the F&B industry, announces the successful closure of its $4 million Series A funding round, placing the new investors at a 13.8% capit...
Schneider announces Enactus World Cup qualifiers in Egypt on July 29-30
Schneider Electric announced the launch of the qualifying rounds for the Enactus World Cup in Egypt on July 29-30. This initiative aims to empower young “Impact Makers” to create positive ...
Pathfinder attracts $325 million investment from Silver Rock Group
Pathfinder, a leader in pioneering retail technology solutions, announced an investment of $325 million from Silver Rock Group. This equity line of credit coincides with Pathfinder’s upcoming NA...
Mamo raises $3.4mln to enhance financial services for SMEs
Mamo, a UAE-based fintech company, has achieved a significant milestone by successfully completing a substantial $3.4 million funding round. This infusion of additional funds will play a pivotal role ...
Scalo Technologies and YFS to change the way entrepreneurship is taught
UAE Tech venture company Scalo Technologies is backing a new initiative to make entrepreneurship education and internship experiences accessible to secondary school students worldwide.