News
Sheraa backs 60+ startups with AED 5M resilience fund
Sharjah Entrepreneurship Center’s (Sheraa) Entrepreneurs Resilience Fund (ERF) has announced AED 5 million in support for more than 60 startups and SMEs, reinforcing Sharjah’s commitment to helping fo...
Fina secures $75M from Fasanara to finance Saudi SMEs
Fina, the fintech arm of Saudi-based company SILQ, has secured a US$75 million (SAR 282M) Shariah-compliant facility from Fasanara Capital, a London-based global investment manager.
SVC invests in SEEDRA Ventures Fund II
Saudi Venture Capital (SVC) has announced its investment in SEEDRA Ventures Fund II, a venture capital fund managed by SEEDRA Ventures, an entity licensed by the Capital Market Authority of Saudi Arab...
Dubai Future District Fund invests in 30 new ventures
Dubai Future District Fund (DFDF) today announced eight new investment commitments during 2025, expanding its portfolio to 30 investments comprising 11 venture capital funds and 19 high-growth startup...
UAE winners revealed for Tally MSME Honours 2026
Tally Solutions announced the winners of the UAE edition of Tally MSME Honours 2026, recognising 25 outstanding MSMEs from across the Emirates. The sixth edition of the flagship initiative celebrates ...
Sav and Visa partner to elevate digital payment experiences
Sav and Visa have signed an exclusive five-year, multimillion-dollar strategic partnership that will see Visa become Sav’s exclusive card network across the UAE and Saudi Arabia. The collaborati...
Swift certified Mambu offers cross‑border payments
Mambu, the cloud banking platform powering the next generation of financial institutions, announced it has become a certified Enabler of Swift’s Business Connect and Value-Added Services. The certific...
Thira raises $21 Million seed round led by Madrona
Thira, creator of secure, self-learning AI system of execution built for the enterprise announced a $21 million seed financing led by Madrona, with participation from FUSE and a group of prominent glo...
Databricks’ strategic funding pushes valuation to $188B
Databricks today announced strategic funding at a $188 billion valuation. The company has signed a term sheet for this round, which it expects to close later this summer, led by existing investor Coat...