News

CyberArk acquires Zilla Security for $165 million

CyberArk has acquired Zilla Security for an enterprise value of $165 million in cash and a $10 million earn-out tied to the achievement of certain milestones. Zilla’s innovative, AI-powered IGA ...

Technology redefining car ownership in the Gulf

Private car ownership is no longer the default choice in the GCC, as digital mobility platforms drive a fundamental shift in how people access transportation. Based on current industry trends and shif...

Egyptian startup BIDDEX showcases its innovative car marketplace app at STEP DUBAI

Egyptian startup BIDDEX, the innovative online car marketplace, announced its successful participation in STEP DUBAI, the largest tech festival in Dubai Internet City. With five main tracks, more than...

DIFC unveils new report on Global Finance and Investment Outlook

Dubai International Financial Centre (DIFC), in collaboration with its research partner Asia House, reveals the key drivers behind the deep and broad transformation of the global financial services in...

Qatar Financial Centre gears up for Web Summit Qatar

Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, is gearing up for the highly anticipated Web Summit. As a key player in Qatar’s economic diversification, Q...

Shorooq backed MANTRA secures first VARA DeFi license

MANTRA Finance, a leading decentralized finance (DeFi) platform operated by MANTRA Group has successfully obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulator...

Snap to empower AR developers at Web Summit Qatar

Snap Inc. to empower the next generation of Augmented Reality (AR) developers and building their capabilities at Web Summit Qatar 2025. With over 85% of GCC Snapchatters engaging with AR lenses daily,...

Investcorp partners with Saudi fintech Awaed

Investcorp has launched its commercial partnership with Awaed, the first commission-free Saudi trading platform. Investors on Awaed can access pre-IPO Saudi and GCC companies by investing in Investcor...

Blum raises $5 million in its latest funding round led by gumi Cryptos Capital

Blum, a gamified decentralized exchange (DEX) on Telegram, recently raised $5 million in a funding round led by gumi Cryptos Capital with support from Spartan, No Limit Holdings, YZi Labs, and OKX Ven...

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