News
Alibaba Cloud invests US$1 billion to support startups
Alibaba Cloud launched the Project AsiaForward with an initial US$1 billion funding and resources to cultivate a million-strong digital talent pool, empower 100,000 developers and the growth of 100,00...
AMD launches new graphics card for professional users
AMD today announced the AMD Radeon PRO W6000 series workstation graphics, delivering exceptional performance, stability and reliability for professional users. The new graphics products were designed ...
Badiri extends the application period of the inaugural edition of BEP
Badiri Education and Development Academy (Badiri) has announced the extension of the application period of the inaugural edition of the Badiri Entrepreneurship Programme (BEP) to mid-August 2021.
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...