News
MBZUAI Entrepreneurship Program recognizes top 3 AI startup pitches
The inaugural Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) Entrepreneurship Courses concluded with 12 AI-based startup business plans presented at an on-campus event in Masdar City...
SEF 2024’s Startup Town to unfold a vibrant mini-ecosystem
Sharjah Entrepreneurship Festival (SEF) 2024 will witness the Startup Town unfold into a vibrant mini-ecosystem encompassing engaging discussions on the ‘Founders Stage’, pitch competitions, creative ...
klipit unveils its blockchain-based paperless receipt application
klipit has unveiled its blockchain-based paperless receipt application, a transformative tool for the retail and service sectors. This innovative platform, launched in UAE, aims to redefine commerce w...
Ahmad Ali Alwan elevated to the role CEO at Hub71
Hub71 has announced new appointments within its leadership team today to continue scaling Abu Dhabi’s global tech ecosystem. Ahmad Ali Alwan has transitioned from Deputy Chief Executive Officer ...
Cypher Capital co-leads $2.4 million investment in bitsCrunch
UAE-based crypto investment firm Cypher Capital co-led a $2.4 million strategic investment round in bitsCrunch, a global data analytics firm specialising in multi-chain insights and forensics for NFTs...
Saudi Arabia all set to allow alcohol in the Kingdom
As reported by Reuters, Saudi Arabia is all set to open the doors of the Kingdom’s first alcohol store in Riyadh anytime soon. The liquor will be sold exclusively to non-Muslim diplomats after s...
Gulf Islamic Investments acquires stake in Saudi healthcare firm for $160 million
Gulf Islamic Investments (GII) has signed agreements to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest affordable healthcare services provider in the Kingdom of Saudi...
Indian firm acquires majority stake in Dubai’s SKY2.0 nightclub for $79 million
Indian firm Vikas Lifecare Limited announced the acquisition of major stakes in Dubai’s renowned nightclub “SKY2.0 Club” for $79 million. The SKY2.0 is “the largest nightclub in the Middle East ...
Dubai Business Women Council and Oracle to upskill women entrepreneurs in AI
Dubai Business Women Council (DBWC) and Oracle launched the ‘sAIdaty’ initiative aimed at enhancing Artificial Intelligence (AI) skills amongst women professionals and entrepreneurs in Dubai and the w...