News
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...
Dubai Free Zones Council acknowledges the role of technology in attracting foreign investments
The Dubai Free Zones Council (DFZ Council) in a recent meeting highlighted the role of Dubai’s free zones in economic diversification, development of opportunities, and attraction of foreign dir...
UAE’s TII to organise Quantum Technology Symposium in Jan 2025
The Technology Innovation Institute (TII) will be hosting the world’s leading researchers and quantum technology professionals at the TII Quantum Technology Symposium.
Serial entrepreneur and investor Toni Petersson joins Nothing
Nothing has announced the appointment of serial entrepreneur and investor Toni Petersson as its first independent board director. Petersson, along with partners from GV (formerly Google Ventures), EQT...
Smpl Holdings launches $10 million fund to support tech and AI startups
Smpl Holdings, announces the launch of a $10-million fund, Smpl Fund I. The fund will support tech and AI startups in MENA and beyond, providing them with seed capital and strategic value-added servic...
Egypt’s EdVentures invests $400,000 in El Kheta educational platform
“EdVentures,” the investment arm of Nahdet Misr Group and the first venture capital company specializing in the educational technology sector in the Middle East, has announced a $400,000 i...