UAE
New DIEZ’s VC Fund will turbo-charge the growth of startups in the UAE
Dubai Integrated Economic Zones Authority (DIEZ) recently announced the launch of a venture capital (VC) fund worth AED500 million to finance technology startups to support their growth. The initiativ...
UnaFinancial seeks $15 million to launch finance app in UAE
UnaFinancial, an international fintech group of companies, is seeking to raise up to $15 million to launch a finance app in the UAE in 2024. The service will address the spending, investing and borrow...
UAE and Intesa Sanpaolo group to promote startups in circular economy
The UAE’s Ministry of Economy signed a strategic agreement with the Italian banking group, Intesa Sanpaolo to promote the adoption of circular economy principles and design a system for it in th...
Aramex and Mastercard launches new ScaleUp platform
Aramex and Mastercard have joined hands together to launch the inaugural edition of a new platform called ScaleUp, designed to support the UAE’s startup and small and medium enterprise (SME) community...
Funding for UAE Tech startups dropped by 49%
Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: UAE Tech – Q3 2023. The report, based on Tracxn’s extensive database, provides insights i...
Wellx selected to represent UAE at Google’s coveted AI Accelerator program
UAE-based InsurTech platform Wellx has been selected to join the Google for Startups: AI for Health program, Google’s accelerator program created to support startups and help them harness the full pot...
SleekFlow celebrates 5x revenue growth in the UAE
SleekFlow, Asia-Pacific’s pioneering SaaS omnichannel social commerce platform announced a remarkable 5 times revenue increase in the UAE during the first half of this year. The company has not ...
UAE’s Ministry of Economy introduces 19 free contract templates
The Ministry of Economy (MoEc), in cooperation with Al Tamimi & Company, launched the ‘Standard Contracts’ initiative. It is designed to support Emirati entrepreneurs and startups in the country b...
Emirates NBD launches global SustainTech Accelerator Program
UAE’s leading banking group, Emirates NBD has launched a sustainability-themed accelerator program, inviting leading global Green FinTechs to co-create innovative sustainability-focused financin...