News
SVC invests $700 million across 40 funds in Saudi Arabia
Saudi Venture Capital Company (SVC) released its “Impact Report,” which highlights SVC’s impact on the private capital ecosystem (Venture Capital, Private Equity, Venture Debt, and Private Debt)...
Microsoft announces Top Three teams of the 2024 Imagine Cup!
Today marks a pivotal moment in the 2024 Imagine Cup as Microsoft reveal the top three teams selected to progress from the semifinals to the highly anticipated Imagine Cup World Championship live at M...
Uniqus Consultech raises $10 million in Series B
Uniqus Consultech, a tech-enabled global platform that offers ESG and Accounting & Reporting Consulting, has raised $10 million in Series B funding. The round was led by Nexus Ventures with partic...
DocsInBox raises $500,000 as it expands into UAE
DocsInBox, an e-invoicing and procurement solution, has raised $500,000 to streamline HoReCa Sector operations as it enters the MENA market. The platform lets a purchasing agent send the order in just...
Western Digital announces new lineup of storage solutions
Western Digital unveils its new lineup of technologies and storage solutions designed for media and entertainment (M&E) workflows. Western Digital continues to focus on creating what’s next with a...
Codebase Technologies launces Digibanc SME Financing platform
Codebase Technologies has announced the launch of its Digibanc SME Financing platform to address the needs of underserved MSMEs. Digibanc will provide financial institutions with a tailored platform t...
GenAI is on the rise in the region
Lenovo’s recently launched research highlights that businesses are investing increasing amounts of cash in artificial intelligence (AI) technology, with spending expected to grow by 43% year-on-...
Ghanaian fintech, Zeepay raises equity investment for expansion
Ghanaian fintech company Zeepay Ghana Ltd announced the completion of an equity investment by pan-African investment firms Africa50, Oikocredit, Injaro, Verdant Capital Hybrid Fund, and I&P. The f...
Microsoft invests $1.5 billion in Abu Dhabi’s G42
Microsoft today announced a $1.5 billion strategic investment in Abu Dhabi-based G42 to collaborate on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other count...