News
MBRIF welcomes new cohort of innovators
Mohammed Bin Rashid Innovation Fund (MBRIF), the UAE Ministry of Finance’s initiative supporting innovation in the UAE, has announced the selection of innovators for Cohort 9 of its Innovation Acceler...
Aditum Investment surpasses $200m in AUM milestone
Aditum Investment Management Limited, a privately owned asset management company based in the DIFC, announced that its DIFC platform, Aditum Global Access ICC Ltd, has surpassed US$200m in assets unde...
Biosapien extends Pre-Series A round to $7 million
BioSapien, the pioneering biotech company behind MediChip, a revolutionary localized cancer treatment platform, has successfully extended its pre-Series A funding round to $7 million. This milestone i...
MBRSC and SPACEDATA to advance digital twin technology for UAE’s space and economy
Mohammed Bin Rashid Space Centre (MBRSC) has signed a MoU with SpaceData, a Tokyo-based startup engaged in R&D aimed at the fusion of space and digital, to develop two key digital twin solutions. ...
DeepL upgrades API with next-gen LLM Model and Write functionality
DeepL today announced the expansion of its popular API solution with two powerful new features: the DeepL next-generation (“next-gen”) language model and DeepL API for Write. The next-gen ...
Dubai-based startup, Reputation House grows by 300%
Positive performance and growth for the fiscal year 2024 have been declared by Reputation House, one of the leading reputation management agencies in the UAE. The agency’s revenue has rocketed by 300%...
IE University and MEFIC Capital join hands
IE University, through IE School of Science and Technology, and the MEFIC Capital, a leading investment services institution in Saudi Arabia, signed an agreement to promote research, education and exe...
New funding fuel Silkhaus’s expansion into Saudi Arabia
Silkhaus, a leading proptech startup revolutionizing the short-term rental market in the Middle East and Asia, has announced the closing of a seven-figure Growth Round led by Nuwa Capital and Oraseya ...
Newly launched GoDaddy Airo to transform SMBs in UAE
GoDaddy unveiled GoDaddy Airo, an innovative AI-powered experience to transform the UAE’s small and medium-sized businesses (SMB) sector. This groundbreaking solution enables local entrepreneurs...