News
Dapi announces a partnership with Mastercard
Dapi, a UAE-based fintech company, part of Hub71’s global tech ecosystem, has announced a strategic partnership with Mastercard, aimed at introducing account-to-account (A2A) payments on Masterc...
MCIT partners with PepsiCo and AstroLabs to empower over 100 Saudi entrepreneurs
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) announced a partnership with PepsiCo and AstroLabs as one of its efforts to enhance the country’s position as a ...
WEMIX and Hub71 partner to grow global blockchain startup ecosystem
Leading Korean blockchain developers, WEMIX and Hub71 signed a MoU to create and accelerate growth opportunities for their respective portfolio companies and Web3 startups.
UAE-based AI startup, School Hack hits one million users in just 4 months
School Hack, the UAE-based Chat-GPT powered edtech platform that equips students to work with AI and helps develop the skills for the jobs of tomorrow, has hit one million users since its launch in Fe...
New entrepreneurship initiative to boost job creation in Libya
Young entrepreneurs in Libya face many challenges, including accessing markets and financial resources, and navigating regulations and administrative procedures. The Deraya initiative is designed to e...
Ahlibank celebrates achieving a key milestone
To celebrate the milestone of its successful crowd funding initiative “Tamkeen”, ahlibank held an open day event with the presence of many stakeholders and beneficiaries of the program. The event aime...
MEFIC Capital to support the growth of Saudi film sector
MEFIC Capital has announced it will be Fund Manager for the Kingdom’s First Film Investment Fund. An agreement to establish the fund was signed last week by Saudi Cultural Development Fund, MEFIC Capi...
Ibtikar Fund invests in Vatrin
Ibtikar Fund announced its investment in Vatrin, a platform leveraging WhatsApp to power commerce for small and medium enterprises (SMEs). This investment round will enable the
Sharakah and Beehive to help grow SMEs across Oman
Sharakah has come on board with Beehive as a new investor. Sharakah contributes to SME development in Oman and provides finance to support Oman’s vision to diversify the economy.