News
CoinSmart raises $3.5m to expand into Europe
Canada-based cryptocurrency exchange, CoinSmart has announced the closing of a CAD$4.5 million (roughly US$3.5 million) seed funding round and extensive plans to expand into Europe.
Verofax secures $1.2m seed round funding
Verofax Limited, an automation and traceability platform, has secured $1.2M in a Seed funding round, led by Trove Capital Limited UK. Other investors included MFD Holding, Kepler Fund Managers, and Ca...
Hub71 targets tech startups from across the globe
Hub71 is doubling down on scaling startups and enabling founders by introducing a value creation program. Tech startups from around the world will benefit from increased access to market as Hub71 acti...
Dubai SME approves new incubator for luxury products
Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced that The Arabian Luxury Group ‘TALG’ has joining the list of approved business incuba...
Winners for MITEF Saudi Startup Competition announced
The fifth edition of the MITEF Saudi Startup Competition successfully concluded last week, after witnessing the participation of about 50 innovative startups from Saudi Arabia, UAE, Lebanon, Bahrain, ...
Hubilo to redefine future of events with series A funding
Buoyed by strong demand for its industry-leading virtual and hybrid events platform from UAE organizations, particularly since the onset of the pandemic, Hubilo is set to further its investment in the...
Careem adds Get vaccinated” feature in the UAE
Careem has released a new feature in its app that allows customers in Abu Dhabi, Dubai, Sharjah and Ajman to book a ride to a vaccination site. The new “Get vaccinated” tool includes detailed informat...
28 students participated in Emirati Explorer program
The Emirates Talent Association and the Hamdan Bin Mohammed Smart University recently concluded the first stage of the ‘Emirati Explorer’ program, a major initiative which holds great importance aimed...
Sharjah-incubated startup, Mughamer.com launches Middle East’s first adventure tourism platform
The newly launched Sharjah-incubated startup, Mughamer.com launched first-of-its-kind website in the Middle East that helps tourists and thrill seekers around the world curate best adventure activitie...