News
MBRIF accepts 20 new innovators into its Accelerator Program
The Mohammed Bin Rashid Innovation Fund (MBRIF) has revealed that 20 new innovators have been accepted into its Accelerator Program. The MBRIFs Innovation Accelerator (IA) program provides high potent...
Abu Dhabi gives nod to Kraken operate crypto exchange
Kraken became the first global cryptocurrency exchange to receive a Financial Services Permission (FSP) license to operate a regulated virtual asset exchange platform in the Abu Dhabi Global Market (A...
Elon Musk acquires Twitter for almost $44 billion
Twitter today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for approximately $44 billion. Upon completion of the transaction, Twitte...
EX Sports to drop first Urbanball NFT Mystery box exclusively on Binance NFT
The first drop from the Urbanball Collection will be on the 3rd May 2022, with an IGO planned later this year. It’s an unmissable time for ‘underdog’ athletes and overlooked talent i...
EDB signs a MoU with Food Tech Valley
Emirates Development Bank (EDB) has signed a memorandum of understanding with Food Tech Valley, which is being developed by wasl Asset Management Group, to provide financing solutions to SMEs and star...
Millennial Brands raises $35 million
Millennial Brands, an emerging consumer player specialising in launching and developing the next generation of direct-to-consumer and digital brands, operating in the Middle East, has secured a new ro...
Beban Season 2 registration deadline ends on April 30th
Beban, Bahrain’s first entrepreneurial-themed reality show produced by Hope Ventures, the investment arm of Hope Fund, gets ready to wrap up the registration period for its highly anticipated second s...
Bahraini startup, Dallaspresso clocks 128% growth
Dallaspresso, a Hope Ventures portfolio company, achieved 128% sales growth, achieving 20% of its annual sales target in Q1. As both B2B and B2C sales increase, the company becomes one of Hope’s top 3...
Etisalat UAE celebrates Ramadan with the startups and SMBs
Etisalat UAE today announced its special SMB initiatives to celebrate the spirit of togetherness and giving back to the community during the holy month of Ramadan. This year, in keeping with its princ...