News
Microsoft and ADIO presents 10 climate tech startups at COP28
Microsoft and the Abu Dhabi Investment Office (ADIO) brought 10 impactful sustainability and climate tech startups to COP28 to showcase how their innovative solutions are tackling the most pressing ch...
ReFarm’s GigaFarm capable of replacing 1% of UAE food imports
ReFarm today announced that it has signed an agreement with Food Tech Valley at COP28 to start construction on a 900,000 sq. ft. game-changing “GigaFarm”. The innovative waste-to-value farm will be ca...
Hub71 launches Hub71+ ClimateTech to support startups driving carbon reduction
Today, at COP28, Hub71 announced the launch of Hub71+ ClimateTech, a specialist ecosystem to support startups worldwide that are advancing the development and deployment of sustainable decarbonization...
Omniful raises $5.85 million in seed round
Cloud-based supply chain and e-commerce enablement platform Omniful has raised $5.85 million for its seed round. Led by VentureSouq, this round also saw participation from 500 Global, DASH Ventures, J...
Dubai Chamber attracts 101 digital startups to Dubai
Dubai Chamber of Digital Economy has revealed that it attracted 101 innovative digital startups to the emirate in cooperation with partners from various government entities during the nine-month perio...
Elets Group to host Investment Summit & Startup Pitch
Elets Group will host the Elets Spark Stage: Investment Summit & Startup Pitch on 7 December 2023 in collaboration with the Dubai Department of Economy and Tourism. The event will be a dynamic con...
Egyptian online auto parts marketplace, Mtor raises $2.8 million in pre-seed funding
Mtor, an Egyptian online marketplace for auto parts, has announced a $2.8 million pre-seed round led by Algebra Ventures, with participation from the Dutch Founders Fund (DFF), Aditum Ventures, LoftyI...
DIEZ and MIT select 12 startups for MIT DesignX Dubai Accelerator
The Dubai Integrated Economic Zones Authority (DIEZ) and the Massachusetts Institute of Technology (MIT) have announced their selection of 12 startups to join the inaugural cohort of the MIT DesignX D...
Yalla!Hub launches MENA E-commerce Community
Under the leadership of Leo Dovbenko, Yalla!Hub has launched an exclusive community for MENA e-commerce entrepreneurs to promote networking, business growth, and keeping up with evolving marketplace t...