News
AutoFlight’s electric aircraft flew its longest flight
AutoFlight, a high-tech startup developing the eVTOL (electric Vertical Take Off and Landing), today announced it had achieved the world’s longest eVTOL flight in history with a distance of 250K...
Ygii raises pre-seed investment round
Saudi Arabia-based social commerce platform Ygii, announce the successful closure of a pre-seed investment round. The funding was led by Flat6Labs and participated in by a group of prominent angel inv...
Videocites closes Series B funding round and partners with NBA
Videocites, creator of the next-generation analytics solution announced the initial closing of a Series B round led by Velocity Capital Management with additional investments by Series A investor Infr...
Ras Al Khaimah announces world’s first free zone dedicated to digital and virtual asset companies
The Government of Ras Al Khaimah (RAK) has announced its intention to launch RAK Digital Assets Oasis, the world’s first free zone dedicated to digital and virtual asset companies.
ISSF invests $5 million in Middle East Venture Fund
The Innovative Startups and SMEs Fund (ISSF) – the largest investment fund of its kind in Jordan – announces an investment of USD 5 million in MEVF IV, a $150M Fund launched by Middle East Venture Par...
Oxford EMBA cohort in visits Sheraa
A delegation of successful business owners, corporate leaders and serial entrepreneurs hailing from five different continents who have formed the current cohort of the prestigious Executive MBA progra...
Investopia 2023 launches its investment platform “Marketplace”
Investopia today announced the launch of its new innovative investment platform “Marketplace”, and the formal launch will take place during the 2nd edition of Investopia conference on the ...
Investments on rise in DIFC FinTech firms ahead of Dubai FinTech Summit
Dubai continues to solidify its reputation as a global hub for FinTech and Innovation. During 2022, investment in DIFC’s FinTech and innovation community exceeded USD615 mn and the total number ...
Alpha Blue Ocean launces ABO Digital to support digital asset space
Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai, has announced the launch of a new investment company, ABO Digital, that will provide alternative financing solutions to early-stag...