News
Saudi Arabia launches SME Development Program
The International Islamic Trade Finance Corporation (ITFC), Saudi EXIM Bank, and General Authority for Small and Medium Enterprises (Monshaat) signed an tripartite MoU to launch the KSA SME Developmen...
Middle Eastern startups attracted $2.88 billion dollars investments in 2021
The Digital Digest and Arabnet publish “The State of Digital Investments in MENA 2019-2021” summary report, which offers a comprehensive look at the tech investment landscape in the MENA region, wit...
Accenture reveals Metaverse Continuum
A new report from Accenture reveals that the “Metaverse Continuum,” a spectrum of digitally enhanced worlds, realities and business models, is redefining how the world works, operates and interacts.
FOODICS raises $170 million for expansion
FOODICS has successfully raised $170 million in a Series C funding round led by Prosus, one of the largest global technology investors in the world, and Sanabil Investments, a PIF-owned investment com...
SPARK and Startups Without Borders launches new incubation programme
Startups Without Borders is partnering with SPARK to launch Startups On The Move Incubation programme, with support from Google.org. The programme entails a 5-month incubation and mentorship programme...
Shorooq partners launches first gametech program in the Middle East
Shorooq Partners, a leading early-stage venture capital firm investing in innovative startups in the MENAP region, has officially launched SHFT Build, a program focused on supporting the sectors that ...
ESET Research unscovers vulnerabilities in Lenovo laptops
ESET researchers have discovered and analyzed three vulnerabilities affecting various Lenovo laptop models. Exploitation of these vulnerabilities would allow attackers to deploy and successfully execu...
New UAE visa regime conducive for entrepreneurs and investors
As reported by WAM, the UAE Cabinet, headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the executive regulations of the Fede...
FlexxPay expands into Egypt
FlexxPay has announced its expansion into Egypt. The business has quickly grown across the United Arab Emirates and Saudi Arabia, and now enlarges its presence in MENA with the opening of a new office...