News
EIC Accelerator selects 71 companies for funding
The European Innovation Council (EIC) selected 71 cutting-edge companies for funding, combining grants and equity, following the 2024 EIC Accelerator cut-off in October. They were selected among 1211 ...
SMEs in Saudi Arabia drive digital transformation
According to the third edition of the Mastercard SME Confidence Index, small and medium enterprises (SMEs) in Saudi Arabia are viewing 2025 with remarkable optimism, driven by a robust embrace of digi...
The Box secures $12.5mln financing deal led by Shorooq
Shorooq leads a $12.5 million financing through its Credit Practice in The Box, a Dubai-based self-storage company addressing modern storage and logistical challenges faced by individuals and business...
Dubai Press Club hosts influencers and content creators
The Dubai Press Club (DPC) brought together some of the world’s most prominent social media influencers and content creators, who together command more than a billion followers, when it hosted a netwo...
MANSA raises $10 million in funding led by Tether
MANSA, a global fintech innovator in cross-border payments, has announced the successful close of its $10 million funding round. The company has raised $3 million in a pre-seed funding round led by Te...
5 new tech startups join iAccel Gulf Business Incubator
iAccel Gulf Business Incubator (iAccel GBI) announces the addition of five innovative tech startups to its portfolio as part of its expansion strategy into the Middle East region. The startups operate...
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...