News
500 Startups is now 500 Global
500 Startups, one of the world’s most active venture capital firms, announced recently that it has rebranded itself as 500 Global, and the company has successfully closed its largest fund to date rais...
HP launches workplace solutions for hybrid workforce
HP announced new solutions that simplify and automate device management tasks, giving IT more freedom to focus on what’s important for their business and their employees. HP’s comprehensive portfolio ...
ZENIQ to launch its tokenization trading platform in Dubai
ZENIQ Technologies, a provider of blockchain-based decentralised applications, will launch a tokenization project in Dubai on Tuesday to revolutionise the trading of digital assets. The project will s...
UAE-based B2B marketplace Elkaso raises $2.1 million
The UAE-based B2B marketplace Elkaso has successfully raised $2.1 million in its latest funding round. The Pre-Seed round was led by Global Founders Capital and MSA Capital and recorded participation ...
Unifonic raises $125 million in Series B funding round
Riyadh based customer engagement platform, Unifonic raised $125 million in Series B funding round, led by SoftBank Vision Fund 2 and Sanabil Investments. Unifonic’s solutions integrate customer commun...
Khalifa Fund’s Level Up to accelerate innovation
The Khalifa Fund for Enterprise Development has rolled out new project, ‘Level Up’ to help budding entrepreneurs, SMEs and startups in Abu Dhabi to seize new opportunities that will stabilise, streng...
Umm Al Quwain FTZ signs MoU with NBQ to ease banking requirements
Umm Al Quwain Free Trade Zone (UAQ FTZ) signed a strategic MoU with the National Bank of Umm Al Quwain (NBQ) to ease the corporate banking requirements of companies registered in UAQ FTZ forming a pri...
Supy raises $1.5m in pre-seed funding
Supy, a UAE-based startup digitizing the communication process between restaurants and suppliers, has raised $1.5m in pre-seed funding. The round was co-led by UAE-based investor COTU Ventures and US-...
Dubai-based startup, Yegertek gets funded by NB Ventures
Yegertek, a Dubai based customer experience and loyalty tech solutions provider has received funding of an undisclosed amount from GCC and India focused Venture Capital firm NB Ventures, which is led ...