News

Fiz raises $2.5 M in the pre-seed round

Co-founded by the team behind Bilbayt and Carriage, Fiz, the rapid grocery delivery startup has raised a $2.5M pre-seed round co-led by The Taken Seat and Relish Venture Partners, with participation f...

REEF announces a JV to open cloud kitchens throughout MENA

REEF has announced a joint venture to open cloud kitchens that will operate REEF, Americana and third-party brands throughout the Middle East and North Africa.

EDB signs an MoU with Industrial Cities & Free Zone Cluster of AD Ports Group

Emirates Development Bank [EDB] has signed an MoU with Industrial Cities & Free Zone Cluster of AD Ports Group to support the industrial sector in the Emirate and the UAE.

Deep tech startup, Hummingbirds AI introduces GuacamoleID at CES 2022

Hummingbirds AI, an award-winning deep tech startup and the creator of the Guacamole platform is once again reimagining business at the speed of sight with GuacamoleID, the cutting-edge privacy-first,...

Sheraa honours three teams of young aspiring entrepreneurs at the new edition of Rising Stars Competition

The Sharjah Entrepreneurship Center (Sheraa) has honoured three teams of young aspiring entrepreneurs for their unique and outstanding business ideas for the new edition of Rising Stars Competition du...

Bahrain’s Al Waha Fund of Funds invests in MENA-based VentureSouq’s FinTech Fund I

Bahrain’s Al Waha Fund of Funds has announced an investment in MENA-based VentureSouq’s FinTech Fund I, the region’s first sector-specific fund focused on FinTech across the Middle East & North Af...

Sennheiser launches new professional headphones for creators

Sennheiser launches a new pair of professional headphones for mixing, editing, and mastering. The HD 400 PRO studio reference headphones are an ideal companion for creators seeking natural and precise...

Khalifa Fund’s Level Up announces its winning agritech startups

Khalifa Fund for Enterprise Development, in cooperation with the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), ADIO Catalyst and Wageningen University and Research, saw the successful comp...

Saudi Arabia’s online food delivery platform, Jahez successful IPO takes its market cap to $2.4 billion

Saudi Arabia’s leading online food delivery platform, Jahez today announced the successful completion of its IPO and listing of its shares at the Saudi Exchange’s Parallel Market (Nomu), taking the ma...

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