News

AHOY to support 10,000 entrepreneurs and upskill 30,000 software developers in the region

AHOY, the first GCC-backed deep-tech company specializing in algorithmic developer tools, has launched its Startup Builder Initiative. The initiative aims to support 10,000 entrepreneurs and provide d...

Supply chain tech startup, Qara raises $2.6 million

Qara, a supply chain tech startup, announced the successful completion of its $2.6 million funding round, led by strategic investors. This funding will drive the company’s expansion into the Kingdom o...

Bahrain’s Minister of Industry and Commerce to participate in MENA Angel Investment Summit 2024

Tenmou, Bahrain’s first Business Angel Investing Company, announced that His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, will participate in the ninth edition of the MENA An...

Investcorp appoints Mashaal AlJomaih as CEO of KSA

Investcorp, a leading global alternative investment firm, announced Mashaal AlJomaih’s appointment as CEO of Investcorp Saudi Arabia. AlJomaih previously held the role of managing director withi...

Merak Capital launches Exel By Merak to empower gaming startups

Merak Capital, a leading technology-focused investment firm, launched its 306 million Saudi Riyals Exel By Merak gaming fund and gaming accelerator to empower the next generation of gaming startups.

Sustainability startup, EcoProfessions expand into UAE

EcoProfessions, an innovative startup in sustainability recruitment, is expanding into the UAE to meet the growing demand for specialised talent in sustainability and Environmental, Social, and Govern...

NASA and Microsoft to develop Earth Copilot

NASA has collaborated with Microsoft to develop a custom AI-driven tool called ‘Earth Copilot’. This tool leverages the Azure OpenAI Service to simplify the process of analyzing Earth Scie...

How to achieve nationalization targets

As GCC nations increase their focus on nationalization goals, businesses across sectors face growing demands to meet compliance targets. For example, in the UAE, Emiratisation requirements are expecte...

Bitget announces the winners for Blockchain4Her

Bitget, the leading cryptocurrency exchange and Web3 company, hosted “Pitch n Slay,” in Bangkok on last week under a special initiative for its Blockchain4Her program. Organized to provide exposure fo...

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