News
Nominations open for SEFFY Awards 2024
The Sharjah Entrepreneurship Festival (SEF) has launched the 2024 SEFFY Awards to celebrate innovation and impact in the entrepreneurial sector. The awards are based on nominations and will honour out...
Invest Qatar launches AI-powered chatbot, Ai.SHA
The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered assistant harnessing GPT capabilities through the Azure OpenAI service. Th...
Startups raise $570K in the opening episode of Beban reality show
Beban, produced by Hope Ventures, the investment arm of Hope Fund, premiered the first episode of its third season this week on January 3rd, 2024, on the region’s first and biggest video-on-demand pla...
SentinelOne acquires CNAPP startup PingSafe
SentinelOne announced its plan to acquire PingSafe, a cloud-native application protection platform (CNAPP) startup. The integration of both the company’s capabilities will provide customers with...
Winshot raises $615000 in seed funding
In a significant move for the Tunisian retail tech scene, Winshot, a promising startup with a focus on enhancing operational efficiency and consumer experiences, has successfully secured a six-figure ...
Tameed raises $15M in Series A funding round led by Alromaih Investments
Tameed announced that it has successfully raised SAR 56.75M ($15M) in a Series A funding round led by Alromaih Investments, which the company plans to accelerate its growth and meet the increasing dem...
Bahrain FinTech Bay reveals strategy for innovation and growth
Bahrain FinTech Bay (BFB), Bahrain’s fintech ecosystem builder, has revealed its 2024 strategy aimed at propelling Bahrain’s fintech sector to new heights. Following its acquisition by the...
Rwanda’s Ampersand raises USD 19.5 million
Ampersand, Africa’s first electric transport energy company, has raised $19.5 million in funding led by Ecosystem Integrity Fund (EIF) and is joined by Acumen and Hard Edged Hope Fund. In addition, th...
UAE farm harvests EUR 5mln from carbon credits
An innovative agricultural project in the United Arab Emirates, has marked a significant milestone by generating 5 million euros from carbon credit sales. This achievement illustrates a successful ble...