News

$100M fund raised to invest in Tech Startups

Regional venture capital firm, BECO Capital, has today announced the successful close of its second fund at $100 million. This figure is well in excess of BECO’s initial $80 million target, driv...

iSTOX secures Series A Funding

iSTOX, the first regulated capital markets platform in any major financial center to support one-stop issuance and trading of digitized securities, announced that it has closed its Series A funding ro...

Melltoo raises new round of funding co-led by Gobi Partners

Melltoo, an online liquidation marketplace closed an undisclosed Pre-A round that was co-led by multinational venture capital firm Gobi Partners to fuel its expansion in Saudi Arabia.

Kaspersky invites submissions for Secur’IT Cup 2019

Kaspersky is calling for young talent to take part in Secur’IT Cup 2019 – an international competition for ambitious students to work on fresh cybersecurity ideas which will help create a safer future...

Watch the real-world hacking in Abu Dhabi next month

Cybersecurity experts at Positive Technologies and Hack In The Box (HITB) are inviting red and blue team security specialists to put their attacking and defending skills to the test in a full-scale mo...

Hub71 attracts startups from the region and UK

Hub71, announced today that a new cohort of startups have been admitted to the Hub71 Incentive Program. The group, comprising of seven startups including UK-based dopay, stand to benefit from generous...

Egyptian B2B e-commerce startup MaxAB secures $6.2mln seed round

Egyptian B2B e-commerce marketplace, MaxAB has secured seed funding of $6.2 million, one of the largest ever seed rounds that was co-led by Beco Capital, 4DX Ventures, and Endure Capital, with partici...

District 2020 to establish Blockchain campus

District 2020 has announced its collaboration with Shanghai-based Atlas Capital Holding as the latest tenant to join its development project. The partnership was confirmed by Marjan Faraidooni, Chief ...

Global Food Technology Challenge launched

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum today launched a $1 million Global Food Technology Challenge. The competition is the ...

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