#startup

Alibaba

Alibaba, PIF-backed fund to raise $1bn for tech deals

The fund has already invested in 16 companies and plans to list three of them on the Saudi stock exchange and two in the US next year

Sharjah

Sharjah Media City unveils new company to launch media, technology startups

The company will serve as an integrated platform that brings together media talents, entrepreneurs and experts to establish media projects supported by advanced technology

Etisalat

Etisalat by e& partners with ADGM to digitally enable startups and businesses

The proposition is an all-in-one solution designed to ensure complete business mobility by equipping each employee to work remotely or in a hybrid work environment

Hub71

Hub71, Yahsat partner to advance UAE’s mobile satellite capabilities

Hub71 startup, Mental VR, secures first contract resulting from new partnership to support Yahsat with remote learning

Latin America’s biggest startup Kavak expands footprint into Middle East

The Mexico City-based company is branching into the UAE and Oman

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

Unicorn

Procurement: The key to unlocking unicorn status

Procurement allows startups to understand the challenges and steps needed to scale up a business to become the next unicorn

Lovely Human NFTs

Hub71 startup GLEAC introduces utility NFT ‘Lovely Humans’

Starting October 15, users can bid on a Lovely Human NFT for a chance to be a part of a community of leaders and game changers

in5

Business incubator in5 to showcase seven Dubai-based startups at Gitex Global

The startups include businesses advancing cloud-based workflow automation, consumer electronic subscriptions, media streaming and targeting services

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

Hub71 startups

Abu Dhabi’s Hub71 accepts second cohort of tech startups

The second cohort includes 16 startups that have collectively raised more than $67m in funding

World of Farming

UAE venture builder hatch & boost launches agritech startup World of Farming

World of Farming is introducing a first-of-its-kind hydroponic fodder farming methodology for the meat and dairy industry to the Middle East market

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

Deel

UAE partners with startup Deel to expedite foreign worker visas

San Francisco-based Deel was last valued at $5.5bn in October and has received backing from investors including Coatue and and Altimeter Capital

Flat6Labs

ADQ’s venture platform, Flat6Labs reveal startups under Ignite programme’s new cycle

The cohort includes seven UAE-born startups and three international companies that will now establish significant business operations in Abu Dhabi

Hub71 AIQ

Abu Dhabi’s Hub71, AIQ partner to accelerate AI-driven transformation of the energy industry

The collaboration will see both companies accelerate the development of digital technologies to unlock greater value from oil and gas operations

Giving up meat? A vegetarian-only food app launches in Dubai

Yalla Veggie offers a selection of green restaurants, supermarkets, organic stores, bakeries and ethical startups

Texub

Dubai-based startup Texub launches a B2B marketplace

The platform supports smaller vendors in establishing themselves in global markets and handling their end-to-end business requirements

Plumm’s Asim Amin shares why a healthier and happier employee is a huge asset to every workplace

The founder and CEO of the mental wellbeing platform says organisations must provide a holistic support system to ensure employee wellbeing

Interview: Nour Sabri, founder of BorrowMe, on why renting items is good for the planet

Sabri shares what inspired him to set up the business, which enables people in the UAE to rent almost anything they need instead of buying it

Hub71 leads Dhs1.5bn investments for Abu Dhabi startups

Hub71 businesses have a combined worth of Dhs5.87bn, and almost 1,000 jobs have been generated since its establishment in 2019

Dubai-based metaverse startup Eikonikos raises $2m in pre-seed funding

The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022

How One Global helps make day-to-day digital service payments more mobile

Our forward-thinking approach and business platforms are on the verge of disrupting the status quo for entrepreneurs, says Mohammed Al-Rashidi, executive chairman, One Global

in5 to launch a dedicated space for investors to drive entrepreneurship in the region

The space will enable investors to directly engage startups for funding and partnership opportunities

World’s first hydrogen-powered flying boat to be made in Dubai

The boat will be able to sail without noise, waves, or emissions

Saudi Investment

Saudi’s largest-ever tech event, LEAP, to take place in February

The event will be held at the Riyadh Front Expo Centre from February 1-3 and will feature over 400 expert speakers across six conferences

Why this 21-year-old Dubai resident is hoping to create a unicorn with his sports app

Dubai resident Amit Singh launched a sports fan engagement app in the UAE called Boomer11 last year. Here’s why he is confident the startup will achieve its goal

Dubai-based food technology platform Kitch-In expands into Europe

Kitch-In and Johnny’s Burger Co. will roll out virtual restaurant brands across 45 kitchens in the Netherlands and Belgium

Getty Images

Sporting tours with Eric Cantona are offered by this Abu Dhabi startup

Looking FC offers four-day journeys designed by Cantona that take visitors on a sporting pilgrimage to discover worldwide football locations

Healthy prospects: Why Emirati entrepreneur Mahmoud Bartawi is launching a new startup

UAE-based startup Mealzap is on a mission to reach all those embarking on the journey towards a healthier lifestyle, says its CEO and co-founder Mahmoud Bartawi