News
Plug and Play to invest in Saudi startups
Silicon Valley-based tech investor Plug and Play Tech Center, an early backer of firms including Dropbox and PayPal, is looking to raise $100 million to invest in Saudi tech startups, potentially with...
The OPEC Fund partners with Access Bank Botswana to support women-owned businesses
The OPEC Fund for International Development (the OPEC Fund) is partnering with Access Bank Botswana to extend financial support to micro, small and medium-sized enterprises (MSMEs) in Botswana through...
Cleareye.ai secures a strategic investment from J.P. Morgan
Cleareye.ai has announced it has secured a strategic investment from J.P. Morgan. The ClearTrade Platform, built to revolutionize trade finance, is a leading provider of smart interpretation of data a...
Generative AI software market to be $36 billion by 2028
The popularity of ChatGPT spawned an array of startups and kicked off a race by major technology providers to compete for mindshare. Revenues of generative artificial intelligence (AI) technology offe...
TECOM Group launches in5 Science in collaboration with Dubai Science Park
TECOM Group celebrated ten years of enabling Dubai’s entrepreneurial ecosystem through its start-up incubator, in5, by launching in5 Science. Announced in collaboration with Dubai Science Park, the Gr...
Dubai-incubated start-up Finalrentals expands its reach
Dubai-incubated start-up and one of the fastest growing automobile rental networks now backed by British entities expanded its reach to 31 countries this week after launching operations in Greece.
SVC doubles its investment in specialty lending fund managed by PFG
As reported by SPA — The Saudi Venture Capital (SVC) announced the doubling of its investment in the global specialty lending fund managed by Partners for Growth (PFG), one of the international ...
MBRSG signs a MoU with IEEE SA to advance ethical AI application
The Mohammed Bin Rashid School of Government (MBRSG) has signed a memorandum of understanding with the Institute of Electrical and Electronics Engineers Standards Association
Mastercard and SimpliFi partner to enhance digital payment adoption
Mastercard has partnered with SimpliFi, to enhance digital payment adoption in the Middle East and North Africa (MENA). CaaS is an up-and-coming card-issuing model that enables companies to easily dev...