News
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.
SDB to support Saudi’s micro – entrepreneurs
As part of its mission to enhance the Kingdom’s economic development, the Social Development Bank (SDB) has announced the launch of a specialized rehabilitation and training project, under the slogan ...
CardoO unveils an IoT-enabled smartwatch
The Egyptian startup CardoO, specialised in Internet of Things (IoT) devices, has launched its first IoT-Enabled Smartwatch. This step comes shortly after CardoO’s success in closing a seed
Cargoz secures an undisclosed amount in Bridge funding
Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing and storage, has secured an...