News
UAE emerges as the new hub for AI Startups
Aspiring AI leaders, take heed: California’s recently passed Senate Bill 1047 (SB 1047) threatens to cripple innovation with overly burdensome regulations. This legislation, while well-intention...
Shorooq Partners announces first close of its $100mln fund
Shorooq Partners announces the first close of its $100 million second private credit fund. The Fund was launched in collaboration with IMM Investment Global (IMMG), an arm of IMM Investment, which is ...
OneOrder raises $16mln in series A funding round
OneOrder, the tech supply chain and logistics solution that has revolutionised the hotel, restaurant, and catering (HoReCa) industries in Egypt, announces that it has raised $16m equity and debt in a ...
Egyptian proptech startup Birdnest secures Pre-Series A funding
Egyptian proptech startup Birdnest announced the successful closing of a significant pre-Series A funding round led by Beltone Venture Capital, a wholly-owned subsidiary of Beltone Holding, and CI Ven...
Applications open for X•TIME International Entrepreneurship Competition
The Lin-gang Special Area Administrative Committee, in collaboration with the Bank of Shanghai, Lingang Group, and Plug and Play China, has initiated the X•TIME International Entrepreneurship Competit...
Alpen Capital highlights investment opportunities between GCC and India
The UAE-based investment banking advisory firm Alpen Capital announced the publication of its research report titled “GCC-India Corridor – Investment Opportunities”. This report analyses the investmen...
Huspy secures fresh round of funding led by Balderton Capital
Launched in 2020, UAE-based prop tech Huspy, with operations in Dubai, Abu Dhabi, and Madrid, announces that it has raised a funding round led by Balderton Capital. Existing investor Fifth Wall, among...
Winners of Global Prompt Engineering Championship revealed
The inaugural edition of the Global Prompt Engineering Championship, the world’s biggest competition of its kind, concluded yesterday after two days of contests in which participants competed for priz...
TerraMaster launches highest-performing 2-Bay NAS device
TerraMaster announced the launch of its new 2-Bay NAS device, F2-424, an upgrade of F2-423. The brand-new F2-424 adopts the Intel Celeron N95 4-core 4-thread processor, 8GB DDR5 memory, two 2.5GB netw...