News
MENA Series A Term Sheet template updated by Clara and partners
Clara and several prominent venture capital firms and law firms launched the MENA Series A Term Sheet in December 2020 to provide a high-quality template to support equity funding rounds for the Middl...
CE-Ventures invests in Freya Biosciences’ $38mln round
CE-Ventures, the corporate venture capital platform of Crescent Enterprises, a leading global, diversified business headquartered in the UAE, has announced its investment in Freya Biosciences Series A...
Lumina reveals its 2024 Cross-Border M&A Insights report
Despite global dealmaking challenges in 2023, UK-to-MENA cross-border trade and transactions displayed remarkable resilience. The latest report from Lumina Capital Advisers uncovers a strategic evolut...
NVIDIA and developers pioneer lifelike digital characters with NVIDIA ACE
NVIDIA introduced production microservices for the NVIDIA Avatar Cloud Engine (ACE) that allow developers of games, tools and middleware to integrate state-of-the-art generative AI models into the dig...
Hamdan bin Mohammed launches ‘Dubai International Growth Initiative’
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, launched the ‘Dubai International Growth Initiative’, allocating AE...
Tamkeen and Hambro Perks launch Riyada Business Acceleration Program
Tamkeen, Bahrain’s labour fund, and Hambro Perks, a leading international investment firm, announce the launch of the Riyada Business Acceleration Program, a strategic initiative designed to support e...
Hope Ventures and private investors invests in Emirati startup Thahab Perfumes
Thahab Perfumes, an Emirati house of luxury fragrances and perfumery that was started in 2019, fulfils the need for exclusive and genuine Oriental perfumes appealing to both men and women raised an in...
Saudi edtech startup, iStoria raises $1.3 million in Seed funding
Saudi-based edutech, iStoria announced a raise of $1.3 million in the Seed funding round that saw the participation of several investors, including Nama Ventures, Classera, Flat6Labs, BIM Ventures, an...
Visa launches second cohort of Africa Fintech Accelerator Program
Visa announced that its Africa Fintech Accelerator program is now accepting applications for its second cohort. The announcement was made at Fintech Day, where several members of the fintech community...