News
Akkrue Capital successfully closed its seed funding round
Akkrue Capital, a non-custodial asset management platform offering a transformational approach to create and execute digital asset strategies across any market chain, successfully concluded its seed f...
BITS Pilani Dubai organizes Young Entrepreneurs Bootcamp program
The Young Entrepreneurs Bootcamp (YEB), organized by BITS Pilani Dubai Campus (BPDC), has concluded, marking a significant milestone for aspiring entrepreneurs. The transformative week-long residentia...
UAE and KSA professionals prefer working in the region
According to new research from LinkedIn, professionals in the UAE and KSA prefer working in the region rather than relocating to Europe or the USA. 82% of surveyed professionals expressed this sentime...
Tumodo raises $35 million from angel investors
Tumodo, a business travel platform founded in 2023, announced it has successfully raised $35 million in a pre-seed round co-led by MENA-focused angel investors. This funding will fuel the company̵...
Aramco pumps in $4 billion into Aramco Ventures
Aramco has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. It will more than double the capital allotted to Aramco Ventures, increasing its total investment allo...
TikTok Creator Awards honors the Best in Creativity
The TikTok Creator Awards at The Theatre Dubai was a night of celebration, showcasing the talents of creators from across the MENA region. Emphasizing the theme ‘Celebrating New Dreams,’ t...
G42 invests in a new edge computing startup Analog
G42, today announced its investment in a new edge computing startup, Analog. The venture marks a significant stride in crafting AI solutions centered around human needs, effectively narrowing the gap ...
Kuwaiti Edtech, Baims acquires Egyptian Orcas Tutoring
Baims, a leading education technology (Edtech) company, announces a strategic move to acquire Orcas Tutoring to capture the flourishing $100 billion education market in the Middle East and North Afric...
UAE launches EcoMark green accreditation framework for MSMEs
The United Arab Emirates has announced plans to develop the first-ever sustainability accreditation framework for micro, small and medium-sized enterprises (MSMEs). EcoMark Global Accreditation has be...