News
Recogni raises $102 million to advance next generation AI
Recogni, the leader in AI-based computing, announced the closing of $102 million in Series C funding, co-led by Celesta Capital and GreatPoint Ventures. Existing investors Mayfield, DNS Capital, BMW i...
SheTrades MENA Hub to help women entrepreneurs scale up their businesses
More women in the Middle East and North Africa (MENA) are set to gain the skills and resources they need to tap opportunities in international trade, with the announcement of a regional SheTrades Hub ...
MoneyHash raises $4.5 million in seed funding
MoneyHash, the leading payment orchestration platform in the Middle East and Africa (MEA), has successfully raised $4.5M in a seed funding round co-led by COTU Ventures and Sukna Ventures, with partic...
COTU Ventures raises $54 million to invest in earliest stages startup
COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of their startup journeys. COTU stands for Champions of the Unde...
Mastercard and Loop to launch innovative payment solutions in Saudi Arabia
Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card o...
DLD wins in three categories at Future Innovators Hackathon 2024
Dubai Land Department emerged victorious in the sixth edition of the ‘Future Innovators Hackathon’ initiative 2023 – 2024, showcasing exceptional innovation and teamwork. The department clinched...
TikTok awards women entrepreneurs in Riyadh
TikTok MENA celebrated the conclusion of the second edition of The TikTok MENA Creator Hub, #HerAmbitions, with a grand awards ceremony at Lakum Art Space in Riyadh, on 28 February 2024. The event mar...
CAI Concierge AI secure investments led by Enlightened Minds and VC SILA
CAI Concierge AI has successfully concluded the completion of an investment round led by Enlightened Minds and VC SILA that allows it to expand its operations into Dubai. This investment also helps th...
Fiera Capital establishes new office in Abu Dhabi
Fiera Capital, a leading independent asset management firm, has announced the opening of its first office in Abu Dhabi, UAE. The newly established office will be co-led by Paul Doyle and Xavier Zawisz...