News
Lenovo to invest an additional US$1 billion to accelerate AI deployment
Lenovo has announced it has reached record annual AI infrastructure revenue of over US$2 billion and unveiled the next phase of its growth strategy, with an additional US$1 billion investment over thr...
SVC invests $30 million in Bedaya Fund II to back early-stage startups
As reported by SPA, Saudi Venture Capital (SVC) announced its investment of $30 million in Bedaya Fund II, which is managed by Shorooq Partners. The fund will mainly back early-stage startups with a f...
InstaShop announces acquisition of GroCart
InstaShop has announced its acquisition of GroCart. GroCart streamlines retail supply chain logistics for FMCG retailers through a user-friendly web platform. With 15,000 successful orders and partner...
The Arts Center at NYUAD announces its second cohort for Numoo
The Arts Center at NYU Abu Dhabi (NYUAD) has announced the second edition of the artists development initiative, Numoo, a three-week intensive program to foster the growth of performing artists in the...
Finance House joins forces with Emirates Entrepreneurship Association
Finance House and the Emirates Entrepreneurship Association (EEA) have joined forces through a Memorandum of Understanding (MoU) to drive the growth and development of Micro, Small, Medium Enterprises...
etisalat by e& announces the winners of the ‘Hello Business Pitch’
etisalat by e& announced the winners of the third edition of the ‘Hello Business Pitch’ competition at a live awards ceremony dedicated to celebrating entrepreneurship and innovation i...
Jordan Ahli Bank announces the launch of Qawn
Jordan Ahli Bank has announced the launch of Qawn, Jordan’s first-of-its-kind social payment app, revolutionizing the way users send and receive money through built-in chat capabilities. Now ava...
The Baobab Network announces additions to its cohort
The Baobab Network, Africa’s leading tech accelerator, has announced its most recent cohort. With this, The Baobab Network has broadened its portfolio to include five new start-ups from Kenya, Togo, N...
The GWC announces $5 billion ‘MEGAM’ fund
The Global Wealth Conference (GWC) organized by the Sovereign Wealth Fund Institute (SWFI) last week in London has emerged as a pivotal driver of investment evolution in the MENA region. Taking center...