News

VKAV invests US $1.5 million in Chari

Verod-Kepple Africa Ventures (“VKAV”) has announced its investment of US$1.5 million in Chari, a Morocco-based B2B e-commerce company, to support its growth plan.

RAKEZ and ICFA foster innovation in food and agriculture sectors

Ras Al Khaimah Economic Zone (RAKEZ) and the Indian Chamber of Food and Agriculture (ICFA) signed a Memorandum of Understanding (MoU) aimed at fostering mutual growth and development within the food a...

Rierino raises $1.25m seed round

Rierino, the smart low-code microservice development platform, has closed a $1.25m seed round ahead of its expansion to Europe and the Middle East.

KSA to participate in Startup20 summit

The Kingdom of Saudi Arabia has announced its participation in the official Startup20 summit that is set to take place in New Delhi on July 3-4. Startup20 aims to foster dialogue among stakeholders in...

Synopsys and Golden Electronics partner to foster talent development

Synopsys and Golden Electronics, an IC development services company based in Amman, are collaborating to increase the number of industry-ready chip design engineers in Jordan. The

Abu Dhabi to host world’s largest angel investors summit in September

Super Angels Summit 2023 is ready to take place on 14th & 15th September at Abu Dhabi National Exhibition Centre (ADNEC) in Abu Dhabi. The Summit is designed to celebrate the spirit of angel inves...

Investcorp invests $100 million for a majority stake in SEC Newgate

Investcorp, a global alternative investment firm, has announced it has signed a definitive agreement to invest $100 million for a majority stake in SEC Newgate, a global strategic

Islamic Coin secures an additional $200M funding

Islamic Coin, the Shariah-compliant, ethics-first crypto has again shattered records, securing $200M from Alpha Blue Ocean’s ABO Digital. Total funding has reached $400M, beating Circle, BlockFi and S...

RAKEZ posts robust growth

Ras Al Khaimah Economic Zone (RAKEZ) announced the addition of over 1,500 new companies in the second quarter of 2023. This robust growth represents a remarkable 132% increase compared to the same per...

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