Abu Dhabi
Abu Dhabi reduces business setup fees for the private sector
Abu Dhabi said on Sunday that it would reduce business setup fees for the private sector, as well as licence renewal fees, to Dhs1,000. The new fee structure will be effective from Tuesday, July 27, 2...
Abu Dhabi-based VC firm Shorooq Partners acquires Autarky Capaital
Abu Dhabi-based venture capital firm Shorooq Partners has acquired Bahrain headquartered Autarky Advisors’ finance arm Autarky Capital for an undisclosed sum.
Masdar announces the winners for Ecothon Innovation Challenge
Masdar’s Youth 4 Sustainability (Y4S) platform has announced “Re.” as the winning team of its Ecothon Innovation Challenge. The Y4S is a Masdar outreach initiative with the objective of enabling them ...
Hub71 selects 16 tech startups from 11 countries to join its vibrant community
Hub71, Abu Dhabi’s global tech ecosystem, announces its first cohort of 2021, selecting 16 tech startups from 11 countries and seven sectors out of 150 applicants to join its vibrant community. The nu...
Foloosi raises $2 Million in Pre-Series A round of funding
Foloosi is establishing itself as an online payment enabler in the UAE, empowering SMEs to track, automate, and accelerate every aspect of sales and purchased transactions through a single platform.
Foloosi raises $2 million in pre-Series A funding
Foloosi has raised $2 million new Pre-Series A round of funding led by angel investors from Abu Dhabi. The company is establishing itself as an online payment enabler in the UAE, empowering SMEs to tr...
Block 7 Innovation Hub to drive innovation in Abu Dhabi
ZonesCorp, one of the largest operators of purpose-built economic zones in the United Arab Emirates, has signed an agreement with Block 7 Investments, a joint venture between EFIRE Capital Holdings Li...
Etisalat and Microsoft join Khalifa Fund to empower SMEs
Khalifa Fund for Enterprise Development has announced that Etisalat and Microsoft will be the latest industry leading organisations to come onboard with their e-Empower programme to provide the Emirat...
Ten startups graduate from the Techstars Hub71
A cohort of ten technology startups have graduated from the Techstars Hub71 accelerator, making compelling presentations to the community at the annual Demo Day. The portfolio companies hope to secur...