News
CYFIRMA successfully raises fresh round of funding
CYFIRMA, a leading external threat landscape management company has raised a Pre-Series B round funding from Israel’s venture fund OurCrowd and India’s L&T Innovation Fund. With this, ...
Miral partners with Khalifa Fund to host budding entrepreneurs at Yas Bay Waterfront in Abu Dhabi
Miral, Abu Dhabi’s leading creator of immersive destinations and experiences has partnered with Khalifa Fund for Enterprise Development to support local entrepreneurs this Ramadan at Yas Bay Wat...
Web3 sneaker brand SOL3MATES reveals its first NFT collection
SOL3MATES, Chalhoub Group’s web3-native sneaker brand, revealed its first NFT collection “SOL3MATES OG NFTs”. Only 10,000 NFTs will be available at 0.03 ETH (approx. 55 USD) on 4th o...
Hakbah raises $2 million in pre-Series A funding
Saudi-based fintech savings platform, Hakbah successfully raised $2 million pre-Series A funding round by a leading venture capital firm Global Ventures and DIFC-based Aditum Investment Management. Th...
World Metaverse Awards to be held in Riyadh in 8 June
The World Metaverse Council has been announced as a strategic partner for the upcoming Metaverse Discovery event in Riyadh, a groundbreaking gathering that will take participants on an immersive journ...
Unifonic and inspireU from stc to empower the startup ecosystem in KSA
Unifonic partnered with inspireU from stc to promote Saudi Arabia’s startup ecosystem through sponsorship and investment in SaaS startups via an Accelerator and a Venture Builder. Through this p...
UAE and Cisco collaborates to launch digitization initiatives for SMEs
The Ministry of Economy of the UAE and Cisco have announced a digitization initiative aimed at accelerating the growth of small and medium enterprises (SMEs) in the country, under the scope of the amb...
DIFC unites FinTechs and banks for innovation
According to recent research by Report Ocean, the global FinTech Lending Market was valued at approximately $573.05 bn in 2021 and is anticipated to grow with a healthy growth rate of more than 27.4% ...
Generative AI to usher in a bold new future
New research from Accenture finds that generative AI and other rapidly evolving technologies are ushering in a bold new future for business as physical and digital worlds become inextricably linked.