News
Sultan Ventures acquires Acasia Group to expand into the region
Sultan Ventures, a prominent U.S.-based venture firm renowned for its cutting-edge approach to venture building, innovation, and investment, has acquired the Egypt-based Acasia Group. This strategic m...
Sceye successfully closes its Series C led by Mawarid Holding Company
Sceye, a leading U.S. aerospace company specializing in High-Altitude Platform Systems (HAPS), announced the successful closing of its Series C funding round, which was led by Mawarid Holding Company.
DIFC preferred choice for international brokerage firms
Dubai International Financial Centre (DIFC) has strengthened its position to become the preferred choice for globally renowned brokerage firms in the UAE, with 70 now established in the Centre.
IFZA opens new office in Switzerland
In a significant move to strengthen ties between Switzerland and the UAE, IFZA, Dubai’s most dynamic free zone community, in partnership with Quadris Solutions Ltd, successfully inaugurated its Swiss ...
eWTP Arabia Capital rebrands as ewpartners
eWTP Arabia Capital has rebranded as ‘ewpartners’ as it celebrates seven years in the Kingdom. The company has raised and fully deployed USD 400 million for its Fund I and is targeting USD...
Social Development Bank wins award for Best Financing Institution for Women Entrepreneurs
The Social Development Bank (SDB) has been honoured with the prestigious Platinum Award as the Best Financing Institution for Women Entrepreneurs in the Middle East and North Africa (MENA) region duri...
UAE Minister Alia Al Mazrouei engages with leading VCs in the country
Her Excellency Alia bint Abdulla Al Mazrouei, UAE Minister of State for Entrepreneurship, held a roundtable with 20 directors and CEOs of venture capital funds to support the development of the UAE’s ...
DeepL introduces smart glossary generator to enhance language translation
DeepL, a leading global Language AI company, today announced several updates to its glossary feature, which is a powerful tool that enhances translation consistency and accuracy by enabling profession...
UAE emerging as a competitive global tech hub
A recent survey conducted by Capital.com has revealed that the UAE is rapidly gaining recognition as a competitive tech hub. The survey polled 1,000 respondents across Singapore, Hong Kong, Vietnam an...