News

Mubadala Capital signs MoU with Woori Venture Partners

Mubadala Capital and Woori Venture Partners today announced the signing of a Memorandum of Understanding (MOU) to establish a strategic partnership. Under the MOU, the Solutions platform in Mubadala C...

ManageEngine to boost Saudi SMEs in the digital era

ManageEngine will be giving special attention to Saudi small- and medium-sized enterprises (SMEs) by localising support, increasing the accessibility of its products, and conducting seminars and works...

Sharakah and Jordan Enterprise Development Corporation to develop SMEs

Oman’s premier SME development firm, Sharakah, has recently formed a partnership with the Jordan Enterprise Development Corporation for cooperation in multiple areas, including sharing expertise on la...

Hayi raises an undisclosed amount in seed round led by Plus VC

UAE-based neighbourhood app Hayi has successfully secured an undisclosed amount in the seed round from Plus VC. This leading venture capital firm invests in early-stage, tech and tech-enabled startups...

Emirates NBD to support InnovAIte Hackathon in the UAE

Emirates NBD has announced their support of InnovAIte Hackathon, the first national AI Hackathon run by students for students in the UAE. The initiative, created by four high school students from Duba...

Hub71 celebrates five years of driving impact and startup growth

Hub71 has attracted more than 260 startups that have collectively raised AED USD 1.5 billion in venture capital. Hub71’s startup community has created more than 1,100 jobs in Abu Dhabi and generated U...

CoreVision announce acquisition of VeFund

Saudi Arabian investment firm CoreVision announce the acquisition of VeFund, a pioneering platform at the forefront of startup evaluation and investor connections. This strategic partnership marks a s...

Ahli Islamic launches new crowdfunding initiative, Tamkeen Islami in Oman

ahli Islamic announced the launch of ‘Tamkeen Islami’, a first-of-its-kind crowdfunding initiative to support the growth of Small and Medium Enterprises (SMEs) in the Sultanate of Oman. The initiative...

Emirates Entrepreneurship Association sign MoU with Deliveroo

The Emirates Entrepreneurship Association (EEA) signed a MoU with Deliveroo to continuously support UAE entrepreneurs and SMEs as well as strengthen the economic landscape. The signing ceremony took p...

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