News
Microsoft for Startups unveils Middle East GrowthX Accelerator Program
Microsoft for Startups in the Middle East recently announced the launch of their latest GrowthX Accelerator Program. The 8-week, equity-free accelerator program is designed for AI startups! With the s...
Axelera AI raises $68 million in Series B for global expansion
Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, announced its successful close of an oversubscribed $68 million S...
ESET reveals infostealers using AI & banking malware to steal money
ESET has released its latest Threat Report, which summarizes threat landscape trends seen in ESET telemetry and from the perspective of both ESET threat detection and research experts, from December 2...
MBRIF opens applications for latest cohort
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the opening of the application window for the 9th...
Egypt’s Entrepreneur Awards launces Outstanding Youth of the Year award
Egypt’s Entrepreneur Awards (EEA) announced the launch of a new award dedicated to young entrepreneurs aged 16 to 25, titled the “Outstanding Youth of the Year” award. This award is ...
UAE-based FinAI startup launches MalyGPT
Maly, an innovative FinAI startup headquartered in Dubai International Financial Center (DIFC), has announced the launch of MalyGPT, MENA’s first Generative AI Financial Assistant. With the user’s per...
AI Startups break records with $33 billion raised in H1
Contrary to some predictions of a slowdown in AI funding for 2024, the reality is quite the opposite. AI startups are not just breaking records; they are doing so at an accelerated pace, with more mon...
Cemex Ventures further invests in ObraLink to digitalise construction
Cemex Ventures, Cemex’s corporate venture capital and open innovation unit, is doubling down on its commitment to digitalising construction and improving industry efficiency through a follow-on ...
Almost 60% of UAE Gen Z professionals want a green job
New research from LinkedIn, the world’s largest professional network, reveals that Gen Z professionals in the UAE are climate conscious and eager to positively contribute to the climate action a...