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Miral Partners with Khalifa Fund to support local entrepreneurs

For the second consecutive year, Miral – Abu Dhabi’s leading creator of immersive destinations and experiences, continues its collaboration with the Khalifa Fund for Enterprise Development to bolster local entrepreneurs at Yas Bay Waterfront’s ‘Waterfront Nights’ market.

WebEngage deepens data science and AI capabilities

WebEngage announced a significant bolstering of its data science and AI practice by acqui-hiring talented data scientists from Propellor.ai. This strategic move aims to leverage the billions of data points in the WebEngage CDP to enable clients to access comprehensive,

Commercial Bank International invests in generative AI fintech zypl.ai

Dubai-based Commercial Bank International (CBI) has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending. Since launching sales, zypl.ai has crossed $1 million in annual recurring revenue at a more than 20% compounded monthly growth rate,

Saudi Arabia attracts new games and esports JV Stellar Gate Games

Sandsoft and NETEASE GAMES announced a ground-breaking new partnership to establish a joint venture to conduct game publishing, marketing, live operations and esports activities for the MENA region.

FIS named Digital World-Class Vendor by the Hackett Group

Global financial technology leader FIS has been named as a Digital World Class Vendor for Credit Management by the Hackett Group in their Customer-to-Cash (C2C) Receivables Creation Digital World Class Matrix research.

Asyad and Omantel to propel Omani tech startups in logistics sector

Asyad Group, Oman’s global integrated logistics provider, and Omantel, the country’s leading provider of integrated telecommunication services, partnered to launch an innovative accelerator program to empower local tech startups in the logistics industry.

Phoenix Venture Partners unveils leadership team

Phoenix Venture Partners, a preeminent Venture Capital Firm, introduced a new leadership team consisting of Steve Khayat, Faris Al-Obaid, and Dr. Mussaad M. Al-Razouki.

Tony Elumelu Foundation announces latest entrepreneurship programme

The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme.

Dhofar Islamic introduces SME business banking account

Dhofar Islamic, the Islamic Banking window of BankDhofar, announced the launch of an SME Business Banking account offering a diverse range of banking solutions to the Small and Medium Enterprise segment. The solution takes into consideration the day-to-day needs

Abu Dhabi Businesswoman Council and Clear Speak to Empower Women

The Abu Dhabi Businesswoman Council (ADBWC), a subsidiary of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), and Clear Speak GCC, a leading provider of communication training solutions, have signed a MoU to empower women in business communication

Daleel secures investment from HP Spring Studios and Flat6Labs

Daleel, MENA’s pioneering financial marketplace, has successfully secured investments from Hambro Perks Spring Studios, a venture builder backed by Al Waha Fund of Funds, and the global investment firm Hambro Perks, and Flat6Labs UAE, MENA’s seed and early-stage venture capital firm.

Garbaliser secures $436,000 funding from Shark Tank Dubai

Garbaliser, a startup firm specializing in liquid fertilizer, has earned acclaim for its forward-thinking agricultural practices, providing a cleaner and more bountiful harvest compared to conventional chemical fertilizers. Based in Lebanon’s Baalbek region,

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