News
Cairo-based startup Sahl raises $6 million
Cairo-based startup Sahl has raised $6 million in Series A and seed funding to act as a one-stop shop for household bills in collaboration with government entities. Ayady for Investment and Developmen...
Cisco launches $1B AI investment fund
Cisco Investments, Cisco’s global corporate venture investment arm, has launched a $1B AI investment fund to bolster the startup ecosystem and expand the development of secure and reliable AI so...
Registration open for Sharjah Excellence Award 2024
The Sharjah Chamber of Commerce and Industry (SCCI) has announced that registration for the new cycle of the Sharjah Excellence Award (Cycle 2024) is now open, with applications being accepted online ...
Fuse acquires DIFC license for digital remittances in the UAE
Fuse Financial Technologies (Fuse) announces the acquisition of its DIFC (Dubai International Financial Centre) licence. With the UAE’s digital remittances market projected to exceed $7.5 billio...
Tenderd raises $30 million in Series A funding round
Tenderd, a global leader in digital transformation for heavy equipment management and operations, has closed a $30 million Series A funding round led by A.P. Moller Holding. The new investors in the r...
Sharjah continues to rises in the Global Startup Ecosystem Rankings
Sharjah’s status as an entrepreneurial haven has been reaffirmed after the 2024 Global Startup Ecosystem Report (GSER) revealed that the emirate is 4th in the GCC and 7th in the MENA region’s startup ...
New report shows Rising activism among MENA influencers
A new report, InfluAnswer Arabia 2024 by Weber Shandwick MENAT offers a nuanced understanding of the region’s dynamic influencer marketing landscape by elevating topics on the minds of MENA’s influenc...
Logistics startup Supplai partners with AstroLabs to expand into KSA
The logistics startup Supplai has partnered with AstroLabs to expand its operations into Saudi Arabia. The startup delivers best-in-class logistical efficiency by maximizing utility for one user and r...
ReflowX secures 2nd runner-up position at the Eureka! GCC 2024 competition
ReflowX, a pioneering marketplace for the Energy industry, announces its recent success at the Eureka! GCC 2024 competition, where it secured the 2nd runner-up position and a $10,000 prize. In additio...