Sharjah Startup Studio to co-build eight high impact startups

(MENAFN – Khaleej Times) The Sharjah Entrepreneurship Center (Sheraa) has revealed the first eight startups which will be part of…

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DAFZA launches Scality, a one-of-a-kind innovative tech start-up program

The Dubai Airport Freezone Authority (DAFZA) officially launched a one-of-a-kind innovative start-up program called Scality, which is set to attract…

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UAE-based fintech NOW Money secures $7m to expand digital banking solution in GCC

NOW Money provides unbanked workers with access to the digital economy for the first time. NOW Money, the GCC’s first…

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Mubadala, Abu Dhabi Catalyst Partners invest $150 million in social media platform Telegram

ABU DHABI, 23rd March, 2021 (WAM) — Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested US$75 million in…

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Ras Al Khaimah launches gaming business packages with 3-year UAE residency visas

Packages start from Dhs7,725, and business owners are being offered the same renewal rate for the lifetime of their business…

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Indian startup Zaara Biotech gets $10 mn investment from UAE’s TCN International

Zaara Biotech has received the funding for its project AlgaeSeaweed Technology Biotechnology startup Zaara Biotech has bagged an investment of…

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Online insurance platform PolicyBazaar raises $75m to fund UAE, Middle East expansion

PolicyBazaar allows users to purchase life and general insurance online Online insurance marketplace PolicyBazaar has raised $75m to fund its…

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Dtec, OQAL sign MoU to develop startup ecosystem in GCC

Dubai Technology Entrepreneur Campus (Dtec), has entered into a memorandum of understanding (MoU) with Saudi Arabia-based OQAL Angel Investors, with…

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UAE agritech start-up raises $50 mln in bonds to grow tomatoes in the desert

DUBAI (Reuters) – UAE agriculture technology start-up Pure Harvest Smart Farms has raised $50 million via sukuk, or Islamic bonds,…

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UAE to enhance competitiveness in attracting global tech firms

Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis (DSO), the integrated free zone technology park, recently…

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