News

Velaura AI secures $110M Series A, crosses $1B valuation

Velaura AI, Inc., an AI compute infrastructure company developing ultra-low-power silicon and software technologies, announced that it has raised $110 million in Series A financing, bringing its total...

Oraseya Capital, NQubator to back early‑stage startups

Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has signed an MoU with NQubator, an innovation platform for early-stage tech venture creation, to establish a s...

du to empower 10,000 SMEs with Agentic AI capabilities

du has announced the launch of a large-scale Agentic AI upskilling initiative under its du Business portfolio, designed to empower 10,000 small and medium-sized enterprises (SMEs) across the UAE. The ...

SAB Invest launches Global Select Equity Fund

SAB Invest today announced the launch of the SAB Invest Global Select Equity Fund, a new open-ended, Shariah-compliant public fund designed to provide investors with access to a concentrated portfolio...

BENEFIT rolls out Digital Direct Debit in Bahrain

Bahrain’s leading fintech company, BENEFIT, has launched its Digital Direct Debit service, bringing credit and payment capabilities together to support a more connected lending journey — from cr...

Bold marketing move rescues The Camel Soap Factory

Small businesses across the region have faced significant challenges over recent months, and when numbers at The Camel Soap Factory fell sharply with tourists leaving, founder Stevi Lomass feared that...

Epic Angels backs Thai agritech startup Living Roots

Epic Angels, the world’s largest female-only investor collective, has announced its continued investment in Living Roots, a Thailand-based agritech company building biological alternatives to sy...

Propeller taps Abdulaziz Alhouti to accelerate growth

Propeller, the venture capital firm focused on AI technology and infrastructure, welcomes Abdulaziz Alhouti as General Partner, bringing years of global financial experience in capital markets, ventur...

du launces Emirati Entrepreneur Month

In celebration of International Youth Day on 12 August, du’s Youth Council has launched Emirati Entrepreneur Month to shine a spotlight on young Emirati founders turning bold ideas into thriving...

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