News
HSBC announces $1 billion funding for early-stage climate tech companies
HSBC recently announced that it plans to make $1bn of financing available to early-stage climate tech companies worldwide. The financing is expected to support start-ups to create a range of new solut...
DIFC unveils innovation outlook for financial services
Dubai International Financial Centre (DIFC) in collaboration with Refinitiv, a London Stock Exchange Group business issued a new report titled ‘Drivers of Innovation in Financial Services’ revealing a...
Qatar University and HyperThink Systems announce 2nd edition of Startup Awards
Qatar University (QU) represented by the Center for Entrepreneurship and Organizational Excellence (CEOE), College of Business & Economics, and HyperThink Systems are thrilled to announce the laun...
BOUNZ to host SME conference in Dubai on 27th September
BOUNZ is hosting the first in a series of high-level conferences dedicated to SMEs, ENGAGE in Dubai on 27th September 2023 at the Address Dubai Mall.
Egypt based Dar Ventures and Acasia Group launches DarE Incubator
In a strategic move aimed at advancing the entrepreneurship ecosystem in the Architecture, Engineering, and Construction (AEC) industry, Dar Ventures officially unveiled the DarE Incubator. This visio...
72% of SMEs in MENA project similar or increased revenue in 2023
From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in the MENA region are optimistic about 2023 revenue projections. These are the findings of the second edition o...
Cypherleak secures $750,000 in seed funding for global expansion
Cypherleak, a pioneering cyber risk monitoring and scoring startup, has closed a $750,000 seed round from investors based in Abu Dhabi, Morocco, and Qatar. This investment from entities including Maro...
Cato Networks raises $238M in equity investment
Cato Networks raised $238M in equity investment, bringing total funding to $773M. The largest financing round to date was led by LightSpeed Venture Partners with the participation of Adams Street Part...
Fanzword secures $1.2 million pre-seed funding led by XVC Tech
Fanzword, the Dubai-based Football Fan Engagement platform announced a game-changing partnership with XVC Tech, a $125 million fund specialising in early-stage Web3 start-ups. The partnership includes...