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Virtuzone has been acquired by Singapore-based Ascentium

Virtuzone has been acquired by Singapore-based Ascentium

Through the acquisition, Virtuzone’s clients will gain access to global markets, including the Far East and Latin America, while leveraging Ascentium’s international network to streamline compliance with global business laws

UAE’s Revibe secures $7m in Series A funding round

UAE’s Revibe secures $7m in Series A funding round

Revibe, founded less than two years ago, has already sold over 80,000 refurbished devices, delivering cumulative savings of $14m for customers

Hub71 launches Angel Investor Support Package at ADFW 2024 Image HUb71 for illustrative purposes

Hub71 launches Dhs150,000 angel investor support package

Through the Angel Investor Support Package, Hub71 is positioning Abu Dhabi as a global leader in technology and innovation

Khalifa Fund unveils new strategy, MZN Hub to support entrepreneurs

Khalifa Fund unveils new strategy, MZN Hub to support entrepreneurs

The Khalifa Fund for Enterprise Development (Khalifa Fund) has unveiled a new strategy, including the…

Abu-Dhabi expands golden Vendor List -GettyImages-1239915485

Abu Dhabi unveils expanded Golden Vendor list, covers 145 industries

By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy

google arabia launches Ai accelerator programme GettyImages-1253689390

Google launches AI accelerator programme for MENAT startups

Google’s accelerator initiative aims to bolster innovation and entrepreneurship in the region, providing startups with essential resources for development

Proptech firm PRYPCO raises $10m in seed funding

Proptech firm PRYPCO raises $10m in seed funding round

The investment round led by Shorooq Partners with participation from Apparel Group and other investors

Dubai startup guide 2024 launched by Dubai Chamber of Digital Chamber

Want to set up a business in Dubai? This new startup guide will help

From accessing online resources to leveraging tailored support, the guide aims to simplify the process of setting up and growing a startup in Dubai

Linkedin reveals top UAE startups for 2024 GettyImages-186125041

LinkedIn names these UAE companies as top startups for 2024

The emergence of these startups is not only indicative of individual success but also highlights the broader trends shaping the UAE’s economic environment

Dubai's DET, Amazon launch accelerator for SMEs

Dubai’s DET, Amazon launch accelerator for SMEs

The partnership between DET and Amazon UAE showcases the effective collaboration between government and private sectors

1 Billion Pitches invites ideas from startups, content creators

1 Billion Pitches invites ideas from startups, content creators

The top 25 entrants will be selected to embark on a specialised mentorship and training programme led by industry veterans

UAE's Myco raises $10m plans expansion Image supplied

UAE’s Myco raises $10m; plans expansion, blockchain migration

Following expansions into North America and Egypt, Myco is exploring growth territories and aims to conclude a second closing of its Series A funding by early 2025

Dubai SME H1 2024 performance highlights Image Getty-Images-1417041621

Dubai SME members secure contracts worth Dhs395.4m in H1

Since its inception in 2002, Dubai SME has guided 48,923 entrepreneurs and mentored 51,504 Emirati entrepreneurs, contributing to the launch of 18,429 local enterprises

Sustainable mobility startup E Daddy raises $15m

Sustainable mobility startup E Daddy raises $15m

The company, which has facilities in Dubai Industrial City and the National Industries Park, plans to launch its first fully electric motorcycle in Q1 2025

META startbootcamp partner to empower mena startups with AI powered LAMA design drive Image GettyImages

Meta, Startupbootcamp partner to empower MENA startups

The initiative, Llama Design Drive, aims to address the region’s specific needs by launching a series of intensive programmes

Insights from Rashid Mohammed, the head of revenue of the SPC Free Zone on how to save a company: What every business leader should know

How to save a company: What every business leader should know

By being transparent about the company’s issues and turnaround strategy, you can cultivate the essential trust and commitment needed to make the necessary changes

Creative Zone's Lorenzo Jooris on how to plan for an exit while building a business

How to plan for an exit while building a business

Consider your exit strategy early because whatever exit strategy you choose – be it an IPO, buyout or acquisition – it will affect business development choices

Why R&D-intensive SMEs in emerging markets excel in outward FDI

Why R&D-intensive SMEs in emerging markets excel in outward FDI

With the right tools and assistance, SMEs can overcome barriers to international business and become formidable players on the world stage

Egypt-based B2B platform Cartona raises $8.1m

Egypt-based B2B platform Cartona raises $8.1m

The company, which has witnessed substantial growth since its inception, serves over 188,000 retailers across 17 Egyptian cities

Tony Hallside, CEO of STP Partners

SME story: How STP Partners leverages tech in its financial solutions

Tony Hallside, CEO of STP Partners, a full-service DIFC-based prime broker, discusses the firm’s innovative prime brokerage services, strategic successes, and future plans in the dynamic financial landscape

WO-RK, the new co-working space at Burjamn Metro opens Launch Image Co-Spaces

Great reasons to go to WO-RK@Burjuman Metro

The newly-opened co-working space, situated within the bustling Burjuman metro station, offers accessible, affordable workspaces to entrepreneurs

AI startup funding more than doubles in Q2, shows Crunchbase data

AI startup funding more than doubles in Q2, shows Crunchbase data

Five out of six billion-dollar funding rounds went to AI companies, Crunchbase data showed

Unlock Her Future: Empowering the region's female entrepreneurs

Unlock Her Future: Empowering the region’s female entrepreneurs

The Bicester Collection’s inaugural ‘Unlock Her Future Prize’ MENA Edition celebrates women entrepreneurs. Bicester Collection’s Chantal Khoueiry and the winners share how they are driving positive change

Jochen Knecht - CEO at IFZA on how the free zone is supporting startups and smes

IFZA CEO Jochen Knecht on how the free zone supports startups, SMEs

Jochen Knecht, CEO at IFZA, shares how the free zone is committed to empowering startups with the tools, resources, and support they need to succeed in a rapidly evolving business landscape

Qstay, a hospitality and rental investment property management platform Secures $4.6m in Pre-Series A funding Image Supplied

Dubai-based Qstay secures $4.6m in pre-Series A round

Qstay currently operates over 300 properties across nine markets in four countries, with plans for further expansion into additional markets between 2024 and 2026

QATAR VC firm Rasmal ventures launches debut fund GettyImages-520283407-e1714712344221

Qatar’s Rasmal Ventures launches $100m debut VC fund

While sector-agnostic, the fund will have a strategic focus on climate and energy tech, fintech, supply chain logistics, B2B SaaS and AI

HUB71 WELCOMES 25 STARTUPS FROM 11 COUNTRIES AS PART OF ITS 14TH COHORT image hub71

Abu Dhabi’s Hub71 selects startups from 11 countries for 14th cohort

Eighty-one per cent of the startups in the latest cohort are headquartered outside the UAE

Qatar investment authority launches $1bn VC fund image courtesy- Qatar news agency

Qatar Investment Authority’s new $1bn VC fund to boost startup ecosystem

The fund aims to close the current funding gap that exists for local and regional entrepreneurs

Dubai unlocks Dhs500m to fuel SME growth, here's how firms can apply Image-credit-WAM

Dubai unlocks Dhs500m to fuel SME growth, here’s how firms can apply

A dedicated specialist will conduct a comprehensive review of the applicants’ business followed by the joint steering committee’s review for inclusion in the initiative

Microsoft and DET sign deal to drive innovation in Dubai GettyImages

Dubai, Microsoft partner to power emirate’s digital economy

The joint effort will focus on logistics, technology enablement and adoption within the SME and education sectors