Abu Dhabi
Hub71 records $2.17bln in startup funding
Hub71 released its 2024 Impact Report, marking a year of record-breaking growth, international recognition and strategic ecosystem expansion. Now in its sixth year, Hub71 startups recorded $2.17 billi...
Aquila Group opens a new office in Abu Dhabi
In a strategic move to bolster its global presence and tap into one of the world’s most dynamic investment regions, Aquila Group has officially opened a new office in Abu Dhabi. The Hamburg-based priv...
Waterfront Nights by Khalifa Fund and Miral features Emirati entrepreneurs
In collaboration with the Khalifa Fund for Enterprise Development (KFED), UAE’s Miral supports local entrepreneurs in the fourth edition of Waterfront Nights at Yas Bay Waterfront. The Ramadan m...
Audiomob sets up its MENA headquarters in Abu Dhabi
UK-based gaming startup Audiomob has set up its headquarters in the MENA region at Yas Island in Abu Dhabi. The company attributed the decision to locate its base in Abu Dhabi to the rapid growth that...
Abu Dhabi’s ADGM reduces commercial licence fees
Leading financial district in Abu Dhabi, ADGM has announced an updated fee schedule for obtaining and renewing an ADGM commercial licence. Effective from 1st January 2025, fee reductions of 50% or mor...
Ma’an and Hub71 to boost social tech entrepreneurship
The Authority of Social Contribution – Ma’an has signed a Memorandum of Understanding (MOU) with Hub71, Abu Dhabi’s global tech ecosystem, to support social tech entrepreneurship and generate a ...
Abu Dhabi Chamber to enhance business ecosystem
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) plans to launch seven new working groups to develop the private sector, promote leadership, and boost Abu Dhabi’s business ecosystem.
Abu Dhabi’s TII unveils Falcon 3 LLM
The Technology Innovation Institute (TII), part of Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon 3, the latest iteration of its open-source large language model (LLM) se...
Beam Ventures launches $150 million gaming fund
The Beam Foundation recently announced its plans to launch Beam Ventures in Abu Dhabi, the first venture fund focused exclusively on gaming from ADGM. The $150 million gaming fund aims to accelerate p...