News
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...
Saudi based VMS acquires stake in Egyptian accelerator Cash Cows
Saudi-based VMS has announced the acquisition of a minority stake in the Egyptian accelerator, Cash Cows, as part of a strategic partnership agreement aimed at bridging the gap between the Saudi and E...
Strathclyde Business School launches Venture Bootcamp in the UAE
Strathclyde Business School (SBS), the 2023 European Entrepreneurial University of the Year, brings its bootcamp venture creation programme to the UAE. Entrepreneurs and start-ups across the emirates ...
Blockchain VC, CV VC AG announces new appointments
CV VC AG, a global blockchain technology venture capital firm announced the appointment of Yvonne Bettkober and Philipp Rösler to the board of directors. The new board members will support the company...
etisalat by e&’s GoChat celebrates 5 million downloads
etisalat by e& announced that its Super App GoChat crossed 5 million downloads, achieving this major milestone in less than a year since its official launch, and has now taken a step further by in...
Expo Centre Sharjah and SBWC collaborate to boost female entrepreneurs
The Expo Centre Sharjah and Sharjah Business Women Council (SBWC) discussed opportunities to promote the involvement of Sharjah businesswomen and entrepreneurs in various specialized exhibitions hoste...
DIFC’s AI and Web3.0 hub aims to attract 500 startups
The Dubai International Financial Centre (DIFC) announced that it will build the ‘Dubai AI & Web 3.0 Campus’, the largest cluster of Artificial Intelligence and tech companies in the MENA region.