News

Olive Rock Partners acquires 30% stake in Shrimp Nation

Shrimp Nation, a Saudi homegrown food and beverage brand and one of the fastest-growing seafood restaurant concepts in the Middle East, has announced that the country’s leading private equity fi...

Jordan’s Najahna program supports 20 startups

As part of the partnership between Plan International, the Ministry of Digital Economy and Entrepreneurship, and Orange Jordan, an agreement was signed under the “Najahna” program for youth economic e...

Deeptech startup, Arago raises $26 million

Arago, a Paris and Silicon Valley-based deeptech startup pioneering a new class of energy-efficient AI chips powered by light, has raised $26 million in seed funding to accelerate the commercializatio...

FitFeast ropes in Shane Watson and scores funding

India’s FitFeast, a taste-first protein brand, has raised over $640,000 (₹5.5 Crore) in a seed round from Inflection Point Ventures (IPV), one of India’s largest angel investing platforms....

Ras Al Khaimah empower, connect and celebrate women

Ras Al Khaimah has launched a network for women, with the aim of empowering, uplifting, coaching, connecting and celebrating women from IDO-affiliated entities across the Emirate. In the first-ever ev...

BlueFive closes Founding Shareholders Circle Round

BlueFive Capital, an investment platform originating from the GCC with a global mandate, today announced the successful closing of its Founding Shareholders Circle investment round, valuing the compan...

UAE receives $34 billion in crypto inflows

According to a new report by a leading provider of blockchain and Bitcoin solutions, Mining Grid –  the UAE received $34 billion (AED124B) in crypto inflows between July 2023 and June 2024, reco...

RedBox celebrates 10 million parcels and plans expansion

RedBox, the leading smart package delivery solutions provider in Saudi Arabia, has announced the successful delivery of over 10 million parcels, marking a major milestone in its mission to redefine th...

Tali Ventures leads investment in Tarmeez Capital

Tali Ventures, the corporate venture capital arm of stc group, has led a strategic funding round in Tarmeez Capita. This milestone marks the company’s transition from a successfully bootstrapped ventu...

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