News

VMS and Clara to nurture startups in the region

VMS, a premier Venture Studio fostering innovation and Clara, a pioneering platform streamlining company digital formations and startup legal processes to collaboratively support and nurture startups ...

UAE and South Korea to support venture investments and startups

Investopia 2024 witnessed the signing of two MOUs between the UAE and the Republic of South Korea. The first MOU was signed by the Dubai Multi Commodities Center (DMCC) and the Korean Institute of Sta...

InspireU by stc and Business France to boost entrepreneurship

inspireU from stc, the leading corporate accelerator in the region, has signed an MoU with Business France to foster innovation and strengthen the startup ecosystem in Saudi Arabia and France.

Lyvely wins Social Platform of the Year Award

Lyvely, the pioneering social networking platform focused on creator monetization, has won the Social Platform of the Year Award at the prestigious E-Business Awards held in Dubai. Founded by award-wi...

OPPO collaborates with startups for tech advancements

Today, with 150 million startups worldwide and another 50 million launching each year, innovation and creativity are reshaping industries. However, roughly 1 in 5 startups fail in the first year becau...

Saudi sportstech Grintafy announces strategic investment from Chiliz

Chiliz and Grintafy announced that the leading SportFi company, known for its pioneering Chiliz Chain and Socios.com platform, has become a strategic investor and partner in the premier career develop...

Mojo’s seven-figure seed round oversubscribed

Mojo, the region’s leading social commerce company dedicated to beauty, skincare, and wellness, is thrilled to announce the successful closure of its oversubscribed seven-figure Seed Round. The round,...

ZCG and Zahrat Al Amaal Holding to provide flexible capital solutions to SMEs in Saudi Arabia

Z Capital Group (ZCG), a leading privately held merchant bank, and Zahrat Al Amaal Holding Company, an investment entity founded by Fawaz Alhokair, announced a direct lending joint venture focused on ...

Snapchat and OptimizeApp to empower SMEs in the MENA region

OptimizeApp, Kuwait-based advertising technology startup that enables SMEs to create, launch and optimize campaigns on social media channels has joined forces with Snapchat in a strategic partnership ...

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