News
Sharjah Entrepreneurship Festival to open tomorrow
Tomorrow, the Sharjah Entrepreneurship Festival (SEF) 2025 kicks off, setting the stage for an electrifying 2-day event that promises to redefine innovation and collaboration across the region.
Simplex secure $13 million in funding to build CNC factory in Saudi Arabia
Simplex, a rising startup in CNC machine manufacturing, secures $13 million as part of Saudi efforts to support and localize advanced industries within the Kingdom. Simplex will use the funds to open ...
RAKEZ signs MoUs with India’s CII and MIDC to boost trade and investment
The Ras Al Khaimah Economic Zone (RAKEZ) has signed MoUs with key Indian entities, the Confederation of Indian Industry (CII) and Maharashtra Industrial Development Corporation (MIDC), to bolster trad...
MBRIF welcomes new cohort of innovators
Mohammed Bin Rashid Innovation Fund (MBRIF), the UAE Ministry of Finance’s initiative supporting innovation in the UAE, has announced the selection of innovators for Cohort 9 of its Innovation Acceler...
Aditum Investment surpasses $200m in AUM milestone
Aditum Investment Management Limited, a privately owned asset management company based in the DIFC, announced that its DIFC platform, Aditum Global Access ICC Ltd, has surpassed US$200m in assets unde...
Biosapien extends Pre-Series A round to $7 million
BioSapien, the pioneering biotech company behind MediChip, a revolutionary localized cancer treatment platform, has successfully extended its pre-Series A funding round to $7 million. This milestone i...
MBRSC and SPACEDATA to advance digital twin technology for UAE’s space and economy
Mohammed Bin Rashid Space Centre (MBRSC) has signed a MoU with SpaceData, a Tokyo-based startup engaged in R&D aimed at the fusion of space and digital, to develop two key digital twin solutions. ...
DeepL upgrades API with next-gen LLM Model and Write functionality
DeepL today announced the expansion of its popular API solution with two powerful new features: the DeepL next-generation (“next-gen”) language model and DeepL API for Write. The next-gen ...
Dubai-based startup, Reputation House grows by 300%
Positive performance and growth for the fiscal year 2024 have been declared by Reputation House, one of the leading reputation management agencies in the UAE. The agency’s revenue has rocketed by 300%...