News
Hamdan Foundation and Emirates Inventors Association join forces
Dr. Khalifa Al Suwaidi, Secretary-General and CEO of Hamdan Bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, received a delegation from the Emirates Inventors Association, led by...
Gulf Islamic Investments invests in GEMS Education
Gulf Islamic Investments group (GII) has concluded its funding arrangements in a consortium led by Brookfield Asset Management Ltd., through its Special Investments (“BSI”) and Middle East private equ...
Vertical farming startup Plenty forms $680 million JV with UAE’s Mawarid
Plenty Unlimited Inc. and Mawarid Holding Investment, a subsidiary of Alpha Dhabi Holding, have entered into an exclusive, multi-year, region-wide partnership to bring locally grown fresh produce to c...
National Bank of Fujairah launches new digital bank account
The National Bank of Fujairah (NBF) has announced the launch of NBF EDGE, a first-of-its-kind digital bank account opening platform designed to streamline and automate processes for businesses, settin...
Egypt’s GlobalCorp partners with MSMEDA to support SMEs
GlobalCorp, a non-banking financial services institution, has signed a cooperation protocol with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) within the framework of government ...
Industry welcomes MBZUAI Summer School graduates
Thirty-eight grade 11 students from across the UAE experienced a glimpse into the power of artificial intelligence (AI) and what a career in the field may look like at the first dedicated summer schoo...
FedEx collaborates with RAKEZ to empower local businesses
Federal Express collaborated with Ras Al Khaimah Economic Zone (RAKEZ) to host a successful strategic breakfast meeting to educate and share insights with over 50 companies in Ras Al Khaimah about log...
Bioniq raises $15M Series B funding round
Bioniq, founded in 2019 and renowned for its personalised supplements based on blood biomarker data, today announced the close of its $15M Series B funding round. Principal Investors HV Capital and Un...
UK-based cybersecurity startup, Tracebit raises $5m in seed round
UK-based cloud threat detection and deception platform Tracebit has successfully raised $5 million in a seed funding round led by Accel and Tapestry VC. The round also saw participation from angel inv...