News

Masdar City and AWS collaborate to accelerate growth of UAE startups

Masdar City is collaborating with Amazon Web Services (AWS) to empower startups to build scalable and secure cloud-based services that accelerate their growth. Announced at Abu Dhabi Sustainability We...

Algisys selected by Saudi Arabia’s KAUST for Destination Deep Tech Program

algisys BioSciences, is one of only 11 companies selected from a large global pool of companies, to participate in the kaust Destination Deep Tech Program. Working at KAUST with some of the world̵...

VC funding for Saudi Arabian startups grew by 72%

The “2022 Saudi Arabia Venture Capital Report” revealed that the funding deployed into Saudi Arabian startups grew by 72% to a record-high of $987 million (SAR 3.701 billion) in 2022 versus 2021.

TOD partners with TPAY for mobile payments

TOD, the fastest growing streaming platform for the Middle East and North Africa has struck a strategic partnership with TPAY, the payments leader for the META region, allowing users to subscribe to i...

Everdome announces Jezero Spaceport

Following on from their first metaverse rocket launch in November, Everdome’s futuristic metaverse project announces a new stage of their hyper-realistic adventure.

Tradeling joins forces with Mastercard to offer benefits to SMEs

Tradeling has announced a collaboration with Mastercard to offer several benefits to SMEs in the UAE and deepen access to the digital economy.

MX Hub residents from MX100 recognized at various events

MX Hub residents from MX100 have received multiple awards. The founders of BloxBytes and Vaival technologies were recognized at different events in December, with CEO, Anjum Shahzad, being awarded PAS...

Dubai Verse Cup hosts the first-ever metaverse horse racing event

All horses set, saddles tightened, and horse racers alert? Dubai Verse Cup (DVCC), the play-to-earn (P2E) metaverse-based horse racing platform, hosted the first metaverse horse racing event in the UA...

UAE-based startup, Alaan secures $4.5 million in pre-series A funding

UAE-based Alaan, the leading spend management platform for Middle Eastern businesses, announced today that it has raised $4.5 Million Pre-Series A Funding, backed by Presight Capital, Y Combinator, an...

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