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Aramco Launches Taleed Program to Accelerate SME growth in Saudi Arabia

Aramco launches Taleed to accelerate SME growth in Saudi Arabia

The programme will provide SMEs a wide range of support from capability building and strategy development to training, market access, advisory services and business planning

Virtuzone - Wio partnership

Virtuzone, Wio Bank partner to help SMEs with their digital banking needs

Virtuzone, in collaboration with Wio Bank, will offer entrepreneurs access to banking services through Wio’s SME-focused digital banking application, Wio Business

MASDAR- MBRIF - GITEX

Masdar City, MBRIF to support sustainability-focused UAE startups

Biosolvit, Wahaj Solar, Alesca Life, ECOLOO and Desolenator from MBRIF’s Accelerator programme will join Masdar City’s growing network of sustainability-focused companies

UAE based start-up Nadeera receives $100,000 grant from PepsiCo to scale circular economy solution

UAE startup Nadeera receives $100,000 grant from PepsiCo to scale circular economy solution

Nadeera, the winner of PepsiCo’s MENA Greenhouse Accelerator Program, was selected from a pool of 10 regional startups shortlisted earlier this year

Abu Dhabi’s twofour54 launches ‘The Community Hub’ to connect creative sector, startups

The Community Hub will offer businesses in the UAE and beyond access to a network of creative and media professionals

Further Ventures to support startups

Further Ventures launches $200m fund, backed by Abu Dhabi’s ADQ  

Further will partner with entrepreneurs, as an institutional co-founder, to launch and grow new ventures from ideation to exit

AI driven software solutions

Saudi tech startup Elevatus raises $10.5m in Series A funding round

The funding round was co-led by venture capital firm Global Ventures and Wa’ed Ventures, the venture capital arm of Aramco

AWE in UAE

US Mission to the UAE, startAD open applications for ‘AWE UAE 3.0 – Women in Business’ initiative

The programme, aimed at supporting women-owned SMEs in the UAE, will start in December and conclude on March 8, 2023

The cloud's George Karam and Kamil Rogalinski

Cloud kitchen platform The Cloud raises $10m in latest funding round

The funding round was led by Middle East Venture Partners and Olayan Financing Company with participation from Rua Growth Fund

UAE MoE, Flat6Labs tie up

Ministry of Economy, Flat6labs launch initiative to attract SMEs to the UAE

The initiative will enable startups to compete in local and global markets through Flat6labs Ignite programme

Bahrain's Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

Bahrain’s Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

The studio aims to create new highly skilled jobs in Bahrain for both local and international talent, on both its core team and at the startups it helps to launch

Khalifa fund enahnces programme for members

Khalifa Fund enhances membership programme, allows members to register unlimited trade licences

With the new updates, Khalifa Fund’s membership is now open to entrepreneurs aged 21 years and above

E-commerce programme

Khalifa Fund launches e-commerce acceleration programme to boost SMEs’ digital capacity

The programme will feature a five day workshop covering the essentials of e-commerce, commencing September 21

OQ Technology

Spacetech startup OQ Technology raises EUR13m in Series A funding round

The funding round was led by Wa’ed Ventures, the venture capital arm of Aramco, and Phaistos Investment Fund, managed by 5G Ventures in Greece

EDB application

Emirates Development Bank to approve loans of up to Dhs5m to SMEs, startups within five days

The lending service will be available for UAE-based SMEs and startups operating in one of EDB’s five priority sectors, which are manufacturing, healthcare, food security, advanced technology and infrastructure

dukkantek secures$10m in Series A funding round

UAE’s Dukkantek raises $10m in pre-Series A funding

The funds raised will provide Dukkantek further access to global expansion, improve the platform’s technology stack and hire more talent

ADDED launches innovation incubator for entrepreneurs

Abu Dhabi’s ADDED launches innovation incubators programme

Public and private institutions, which invest in innovative technology solutions and support R&D, are eligible to earn an innovation incubators licence

Produze receives $2m in seed funding

Farm-to-retailer platform Produze receives $2.6m in seed funding

Produze aims to serve multiple agri produce categories across countries in the Middle East, North America and Europe

Khalifa Fund signs deal with Kenyan Youth development fund

UAE’s Khalifa Fund signs $30m deal to support SMEs in Kenya

Through this agreement, Khalifa Fund will support more than 3,000 projects with 40 per cent of the funds allocated to women

SD Centre for Entrepreneurship

The Entrepreneurial Nation, Huawei partner to launch ‘ScaleUp Digitize’ to support SMEs

The programme provides participants with virtual online training sessions on cloud computing, artificial intelligence, big data and storage technologies

Incubayt Investments to fund The Waste Lab, a female-led startup

The Waste Lab offers off-site and on-site composting, targetting both B2C and B2B clients

MoCCAE, EDB sign MoU

Emirates Development Bank, MoCCAE sign MoU to support agricultural SMEs

The MoU will see the two parties identify collaboration opportunities in food security and also support SMEs and startups in the agriculture sector

Khalifa fund and Abacus tie-up

Abacus joins Abu Dhabi’s Khalifa Fund as e-Empower partner

Abacus will offer Khalifa Fund applicants specialised offerings to enhance their digital capacities

Hub71 launches outliers 2022

Abu Dhabi’s Hub71 launches second edition of ‘The Outliers’ for startups

Startups will aim to solve the challenges of organisations such as DCT – Abu Dhabi, Department of Health – Abu Dhabi, Thales, Aldar and Cars24

StartAD announces ninth edition of acelerator programme

Applications open for startAD’s Fintech Corporate Sprint Accelerator 9

The deadline to apply is August 28, with participants getting the opportunity to be sponsored to showcase and pitch their startup at GITEX 2022

Omooma gets 2.5million dollars as funding

Arabic online content platform Omooma secures $2.5m in funding

The platform, dedicated to pregnancy, maternity and motherhood, features a roster of 29 Arab medical, lifestyle, wellbeing and financial experts from across the region

vita eternity with Asghar Khan

From here to Vita Eternity with Asghar Akhtar Khan

The founder of VITA Eternity, shares the brand’s focus on organic ingredients and finding a footing in the competitive skincare market

Manassah 3.0 launched_GettyImages-12227733411

Aldar’s Manassah 3.0 programme to incubate F&B startups

Held in partnership with startAD, the Manassah 3.0 programme is accepting applications and the deadline for submission is August 28

stake

The SME Story: Rami Tabbara, co-founder and co-CEO of Stake

A digital fractional real estate investment platform is offering a chance for those with limited budgets to enter the property market