UAE

News and stories from the ever-growing startup ecosystem of the United Arab Emirates (UAE) – the startups, investors, whopping funding rounds, and everything in between.

According to the official page, the bill "seeks to ensure the safe development of large-scale artificial intelligence systems by establishing clear, predictable, common-sense safety standards for developers of the largest and most powerful AI systems.

News

AI leaders pay heed as California State approves AI bill ‘SB 1047’

The California State Legislature approved the Artificial Intelligence (AI) bill, SB 1047 on Wednesday, 22 May. The bill was introduced by Senator Scott Wiener on 7 February.

Asiya Nayab
23 May 2024

According to the International Energy Agency (IEA), the MENA region is projected to add 62 GW of renewable energy capacity over the next five years. The projection aligns with COP 28 i.e. the United Nations Climate Change Conference that took place in Dubai from 30 November to 12 December 2023.

MENA News

Russian Neosun Energy opens a regional office in Dubai to enter MENA market with Solar Solutions

Moscow, Russia-based Neosun Energy, a global developer of solar energy solutions announces the opening of a regional office in Dubai to expand across MENA.

Editorial Staff
14 May 2024

The extensive document showcases the UAE as a leader within the MENA region, hosting over 800 FinTech startups collectively valued at USD 15.5 billion.

MENA News

UAE’s KARM Legal releases a Comprehensive FinTech Regulatory Report for the MENA Region

UAE-based KARM Legal Consultants today launched their 'FinTech Legal Compass' report - developed with contributions from WH Partners, TBL Legal, and Travers Smith LLP.

Editorial Staff
6 May 2024

Constructor Capital focuses on early-stage startups across three major verticals: Deeptech, B2B SaaS, and EdTech globally. The fund prioritizes its investments in MENA, Asia, and EU mainly.

MENA News

Switzerland’s Constructor Capital Enters Abu Dhabi to expand portfolio across MENA

Founded by Serg Bell, Constructor Capital is a science-based VC fund that backs startups in the software and deep technology sectors.

Editorial Staff
29 April 2024

Hayi is a safe neighborhood platform for people to connect with those who are physically closest to them and create a sense of belonging to a real and dynamic community.

MENA News

Dubai’s neighborhood app Hayi raises an undisclosed sum from Plus VC

Dubai, UAE-based neighborhood app, Hayi on Tuesday secured an undisclosed amount in the seed round from Plus VC.

Editorial Staff
29 February 2024

By honoring the profound legacy of Palestinian heritage, Tirazain fosters not only cultural pride and resilience but also a profound sense of belonging that surpasses geographical borders.

MENA News

From New York to Dubai: Tirazain Unites Global Communities Through Palestinian Embroidery

Tirazain is a dedicated digital archive preserving Palestinian embroidery that unites a diverse community spanning the UAE, the U.S., Europe, and beyond.

Editorial Staff
28 February 2024

Under the terms of the MoU, Tawaref will work with +VC portfolio companies to facilitate the seamless setup of its operations in Saudi via its flagship Saudi Landing program.

MENA News

Plus VC and Tawaref announce Strategic Partnership to accelerate seamless setup of portfolio companies in Saudi Arabia

Plus VC (+VC), MENA's leading venture capital firm and the third most active VC by deals in the MENA in Q3, 2023, signs MoU with Tawaref, a tech investment community.

Editorial Staff
22 February 2024

the global home healthcare market is set to reach $500 billion by 2026 with the local UAE market, according to a report by Research and Markets

MENA News

Boom Health introduces an all-in-one mobile app to streamline healthcare and wellness solutions in the UAE

Boom Health, owned and operated under Medad Holding, has announced its mobile healthcare application set to evolve the landscape of home healthcare in the UAE.

Editorial Staff
8 February 2024

The initiative is a heartfelt tribute to Yusuffali’s extraordinary five decades and substantial contributions to humanitarian causes, according to an announcement from Dr Vayalil’s VPS Healthcare Group.

India MENA News

Indian healthcare tycoon in UAE announces 50 free heart surgeries for unprivileged children

Dr Shamsheer Vayalil, the son-in-law of Yusuffali a prominent entrepreneur in the healthcare sector in the UAE, announces a philanthropic initiative to undertake 50 life-saving heart surgeries for children.