News

MBRIF provides $2.5 million guarantee to Avani Eco

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by UAE Ministry of Finance to support nationwide innovation, announced it has guaranteed AED 2.5 million in funding support to A...

Turkish tech startup Ollang wins the London Business School MENA Startup competition

Turkish tech startup, Ollang was crowned the winner of the inaugural London Business School MENA Startup Competition 2022 that was backed by global giants, Amazon Web Services Activate, Strategy&,...

Cycled Technologies part of the UAE startup delegation at CEATEC in Japan

Cycled Technologies, a clean tech startup with operations in the UAE, was part of the 10-startup delegation that represented the UAE at the CEATEC exhibition that held between the 18-21st October, 202...

Aliph Fund I (LP) secures $125 million investment from ADQ

Aliph Capital, a GCC-centric private equity firm, announced that it has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from ADQ, an Abu Dhabi-based investment and holding co...

Kuwaiti fintech Ruba oversubscribes its pre-seed round

Kuwaiti Fintech startup Ruba, which aims to make education accessible to all, announced that it has raised an undisclosed amount in an oversubscribed pre-seed funding round.

Aramco launches Taleed program to accelerate SME growth in KSA

Aramco announced the launch of a new program, “Taleed”, which aims to accelerate the growth of Small and Medium Enterprises (SMEs) in Saudi Arabia — helping boost their contribution to economic develo...

Abu Dhabi ECA and Techstars launches Anjal Z Founder Catalyst Program

The Abu Dhabi Early Childhood Authority (ECA) – in partnership with the Abu Dhabi Investment Office (ADIO) – has opened applications for this year’s Anjal Z Techstars Founder Catalyst Program where se...

UAE participates at CEATEC in Japan for the first time

Technology companies from the UAE are taking part in the Combined Exhibition of Advanced Technologies (CEATEC) in Japan for the first time. Some of the world’s largest tech companies are participating...

GoDaddy wins the Global Excellence Award

GoDaddy, empowering everyday entrepreneurs and micro-businesses around the world, recently won Gold in the 2022 Global Excellence Award, in the Marketing & Communication category, for its integrat...

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