News
Atom Computing raises $60M in Series B round
Atom Computing, the creators of the first quantum computer made of nuclear-spin qubits from optically-trapped neutral atoms, announced closure of a $60M Series B round. Third Point Ventures led the ro...
Canadian startup, 1Password valuation touches $6.8 b
1Password, the leader in human-centric security, closed a $620 million (USD) Series C that raises the company’s valuation to $6.8 billion. Led by ICONIQ Growth, with participation including Tige...
Dubai CommerCity announces the launch of a business setup incentive package
Dubai CommerCity, the first e-commerce freezone in the Middle East, Africa, and South Asia (MEASA) region, announced the launch of a business setup incentive package for company registrations, and off...
The 2nd Edition of the Royal Investment Summit ‘Future of Investments in the GCC’ announces new lineup of speakers
The 2nd Edition of the Royal Investment Summit ‘Future of Investments in the GCC’ which will be held next month in the UAE announces a stellar lineup of 60+ speakers. The summit will welcome 250 high-...
NAMA and UN Women empower more than 340,000 women globally
The skills, resources, and opportunities provided by UAE-based NAMA Women Advancement and UN Women have empowered more than 340,000 women around the world to participate equally in markets and support...
Fawry plans to raise EGP 800 million through a rights issue to existing shareholders
Fawry for Banking and Payment Technology Services S.A.E. announced today its plans to raise EGP 800 million of growth capital through a rights issue to existing shareholders. The proceeds will be used...
Aloushi set to bring local brands from SME businesses under one platform
An all-new online lifestyle boutique, Aloushi’s, is set to bring together sustainable, unique, and local brands from fashion, beauty, homeware, and pet care products from SME businesses around the glo...
Al-Futtaim inducts 250 Emirati talents through its SINYAR platform
In line with the UAE’s Emiratisation strategy and Emiratisation Government Initiative “Projects of the 50” to build the capabilities of UAE Nationals, Al-Futtaim has committed to hiring no less than 1...
Wa’ed collaborates with FinTech Saudi to launch FinTech Accelerator program
Wa’ed, the entrepreneurship arm of Saudi Aramco, has collaborated with Fintech Saudi as a strategic partner, along with regional seed and early-stage venture capital firm Flat6Labs, to launch a 12-wee...