News

Mobile Masr raises $500,000 in seed funding

MobileMasr raised $500,000 in a seed round from prominent angel investors in the UAE and Qatar in the media and telecom industry in partnership with Intercap Capital Investment Bank.

Snap introduces Ray Tracing for ultra-realistic AR experiences

Snap has announced the launch of Ray Tracing, a new feature in Lens Studio that will allow for ultra-realistic AR experiences. Snap is also the first company to offer Ray Tracing on mobile devices, at...

ESET introduces ESET Cyber Security macOS v7.3

ESET today announces several enhancements to its popular ESET Cyber Security for macOS product line, designed to provide essential protection for Apple users from a variety of modern-day cyber threats...

Tenami Capital invests $3 million in YOUGotAGift

Tenami Capital, a newly established revenue-based investment platform, announced the closing of its inaugural $3m investment in YOUGotAGift, the Middle East’s leading digital gift card marketplace.

Investopia and Mubadala in strategic partnership

Investopia and Mubadala announced a strategic partnership focused on Investopia’s 2nd annual event, which will take place on the 2nd and 3rd of March 2023 in Abu Dhabi, under the theme “En...

European Investment Bank invests $27 million in the Middle East Venture Fund IV

The European Investment Bank, through its new dedicated development finance arm EIB Global, will provide $27 million participation in the $150 million Middle East Venture Fund IV. The new venture capi...

Batelco partners with Bahrain Development for SME Society

Batelco, part of the Beyon Group, and Bahrain Development for SME (BDSME) Society have signed a partnership agreement during a meeting that took place at Batelco’s premises, Hamala.

Lean Node Startup Studio and Mjalis Investment establishes new venture builder Lean Fintech

Lean Node Startup Studio and Mjalis Investment announced the establishment of Lean Fintech, a venture builder dedicated to building disruptive Fintech startups.

Fuelarts x Tezos accelerator announces selected startups

Fuelarts x Tezos Accelerator is the first joint acceleration program for Art+Tech startups. This 11-week online program includes insightful & inspiring learning sessions facilitated by industry le...

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