News
IOTA Foundation launches $10m investment fund
Abu Dhabi-based IOTA announced the launch of a new investment fund valued at $10 million by the IOTA Ecosystem DLT Foundation during Investopedia 2024 to promote the development of TradeTech solutions...
Seef Properties signs MoU with Export Bahrain to support SMEs
Seef Properties signed an MOU with Export Bahrain to support Small and Medium Enterprises (SMEs) in the Kingdom. A significant milestone in their ongoing cooperation, the strategic project will levera...
Ahlan app secures $3 million funding led by Hope Ventures
Bahraini loyalty program Ahlan App has successfully secured $3 million in funding, taking the company’s valuation to $15 million. Hope Ventures led the round, which was fully subscribed to and f...
Ooredoo empowers small and medium-sized business owners in Qatar’s
Ooredoo, Qatar’s leading telecommunications company, successfully hosted an exclusive event for small and medium-sized businesses. It featured Ooredoo executives as keynote speakers, who shared invalu...
Koa Academy wins the $50,000 MEST Africa Challenge
MEST Africa announced Koa Academy has won the 2023 MEST Africa Challenge (MAC), securing a $50,000 equity investment after a competitive pitch battle among Africa’s brightest tech innovators.
Inbox Business Technologies partners with AstroLabs for Saudi Arabia
AstroLabs announces its partnership with Inbox Business Technologies to fortify the IT services and consulting sector in Saudi Arabia, aligning with the Kingdom’s vigorous digitization and technologic...
ESET recognised in modern endpoint security IDC MarketScape reports
ESET achieved great success when named a Leader in IDC MarketScape: Worldwide Modern Endpoint Security for Small Businesses 2024 Vendor Assessment (doc #US50521424, March 2024). At the same time, ESET...
Mindflow raises €5M in seed funding round
Mindflow raised €5 million in a seed funding round with Auriga Cyber Ventures, Nauta Capital, Thales and Olivier Pomel, Co-founder of Datadog. This is a key milestone for Mindflow in its journey to re...
Wind Rises raises $1M in pre-seed funding from angel investors
Wind Rises, a Dubai-based sailing club committed to making sailing more affordable, raised $1M in a pre-seed funding round from angel investors. The funds will be invested in expanding the fleet, deve...