GCC project sector stands at a combined value of $3.1tn
There are an estimated 6,722 active projects with a combined value of more than $3.1tn planned or underway in the GCC...
MENA
Stay updated on the latest developments in startups, business, and technology across the MENA region. Get breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
WeWork expands to the Middle East by launching its first space in Hub 71, Abu Dhabi
Abu-Dhabi's technology park Hub 71 on Monday (3 February) launched WeWork x Hub 71, the first coworking space by WeWork in the Middle East...
Kitopi – Dubai-based cloud kitchen platform raises $60 Mn from Knollwood and Lumia Capital
The Dubai, UAE-based Kitopi, a delivery platform for restaurants across UAE, US, UK, Kuwait and KSA yesterday raised $60 million in a Series B round
Crowd Analyzer – Dubai-based social media monitoring platform acquires TaskSpotting
Dubai-based Crowd Analyzer, a partner company of Wamda yesterday announced that it has acquired the Dubai-based activation platform TaskSpotting.
Basma – Beirut-based digital dental startup raises $1.2 Mn
The Lebanon, Beirut headquartered Basma has raised $1.2 in a seed funding round led by B&Y Venture Partners and Cedar Mundi Ventures
Climate action could avoid loss of $26 trillion by 2030 globally
Countries in the GCC must accelerate their efforts if they are to meet the 2030 Agenda for Sustainable Development Goals (SDGs)...
Gamiphy – Palestine-based user engagement & acquisition platform raises six figures
Palestine-based user engagement & retention platform Gamiphy yesterday (28 Jan) raised undisclosed six figures in a pre-Series A round led by Ibtikar Fund.
DIFC launches seamless Digital Onboarding Platform to improve ease of establishing business
DIFC, a leading international financial centre and top international financial hub in the Middle East, Africa and South Asia (MEASA) region...
Only 25% of Investors are Confident in Banks’ Digital Strategies according to Oliver Wyman
Financial services firms are trying to build the firm of the future, but their lack of progress is stoking deep skepticism among investors, according to Oliver Wyman
DMCC partners with CV VC to set up world’s largest crypto ecosystem
DMCC, Dubai's free economic zone yesterday announced its partnership with Switzerland's CV VC and CV Labs to launch Crypto Valley
Berkeley-based foodtech company Memphis Meats raises $161 Mn from Richard Branson, Prince Khaled, Softbank and others
The leading cell-based meat, poultry and seafood company Memphis Meats has announced the close of a $161 million funding round...
DIFC’s FinTech Hive reveals ‘Scale Up Programme’ for FinTech startups
DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region...