News
Sharjah Entrepreneurship Festival 2024 to offer immersive and empowering experience
The Sharjah Entrepreneurship Festival (SEF) 2024 is taking an immersive approach for its upcoming 7th edition on February 3-4 2024, which will bring together more than 150 visionary founders, industry...
Beta testing of human-like AI assistant, Yasmina kicks off
Yango has today announced that it is now possible to sign up for the public beta testing of its human-like AI assistant Yasmina. The assistant is built and trained to understand various Arabic dialect...
Women-led UAE based startup Solumar wins the Sharjah Advanced Industry Accelerator program
Solumar, a women-led UAE-based startup, has been declared winner of the 4th Edition of the Sharjah Advanced Industry Accelerator (SAIA), by the Sharjah Research Technology and Innovation Park (SRTIP),...
Tabby secures $700M in debt financing from J.P. Morgan
Tabby has secured up to $700 million in receivables securitization from J.P. Morgan. The deal represents the largest asset-backed facility obtained by a fintech company in the MENA region.
Riyadh-based Soum secures $18 million in Series A
Riyadh-based marketplace for secondhand products, Soum has successfully secured $18 million in Series A funding led by Jahez and participation from Isometry Capital along with existing investors parti...
MEST Africa Challenge unveils Top 5 startups for $50K equity prize
The MEST Africa Challenge (MAC), an Africa-wide pitch competition for early-stage technology startups, is proud to announce the top 5 Regional Winners who will compete for the grand prize of $50,000 i...
Winners of regional finale of Huawei ICT Competition announced
Winning student teams of the regional finals of the Huawei ICT Competition 2023-2024 Middle East and Central Asia (ME &CA) were felicitated at a grand closing and awarding ceremony on December 21,...
Scienjoy Verse Tech pioneering the future of metaverse
Scienjoy Verse Tech, founded by a consortium of tech visionaries and creative minds, announced the launch of its operation in Dubai at an event held at Meydan Racecourse, where it showcased a glimpse ...
Saudi-based Hakbah raises $5.1 million in Series A funding
Saudi-based fintech savings platform Hakbah successfully raised $5.1 million in a Series A funding round led by VentureSouq, M-Capital, Bunat Ventures, and existing investors Global Ventures and Aditu...