News
Trukkin secures 26 million SAR in its Series A round
The logistics and supply chain startup Trukkin has secured an investment round of 26 Million SAR for it’s Series A round. The round was led by Saudi based Emkan Capital with the participation from Imp...
Hub71 partners with ADIO to accelerate the growth of early-stage tech startups
Hub71 and the Abu Dhabi Investment Office (ADIO) have partnered to support early-stage tech startups in growing their teams and scaling their businesses with purpose to generate societal impact. The p...
Sheraa reinforces its commitment to support startups
The Sharjah Entrepreneurship Centre (Sheraa) hosted a visit by H.E. Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises, to explore Sharjah’s growing s...
Emirates Development Bank signs a MoU with RAKBANK
Emirates Development Bank [EDB] has entered into a Memorandum of Understanding [MoU] with RAKBANK on Credit Guarantee and Co-lending programs for SMEs in the UAE.
Desert Control joins in5’s alumni network after raising AED 85 million in successful IPO
Agri-tech startup Desert Control is ready to launch commercial rollout of liquid natural clay (LNC) – an innovation that turns deserts into fertile land – after joining the alumni network of in5, an e...
Ziina secures $7.5 million in its latest funding round
Ziina, the UAE’s first Peer-to-Peer (P2P) payment application, which is backed by Y-Combinator (YC), announced its latest funding round of $7.5 million. The round which closed in May 2021 will help th...
Saudi Arabia to hold an hackers event in November
Saudi Arabia will make a bold entry onto the global tech stage later this year with a ground-breaking, mega cybersecurity event that will bring together the world’s best hackers and trainers in the Ki...
Saudi based startup Red Sea Farms raises $10 million
Saudi Arabia based AgTech startup, Red Sea Farms today announced that it has been able to raise $10 million investment today a group of leading Saudi and UAE investors. The startup has developed one-o...
Boksha secures $1 million in seed round
Boksha, an Emirati founded tech start-up, has secured $1 million from a group of investors, which includes Sandooq Al Watan and family offices.