startup

stc Group’s tali ventures leads $10 million investment in Series B funding for NorthLadder

This funding round was spearheaded by tali ventures, with additional contributions from the Dutch Founders Fund and Crescent Ventures

CBUAE reports banks extend $22.1 billion in financial support to SMEs by mid-2024

SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June 

DET x Amazon Accelerator to help unlock SMEs’ growth potential: Ronaldo Mouchawar

Digital upskilling, tailored expertise and a global platform will help SMEs faster climb the ladder to success

Expand North Star 2024 draws 65 unicorns valued at $400 billion

CEOs of unicorns noted that Dubai is an ideal gateway for launching global digital initiatives

Gitex Global 2024: Khalifa Fund launches AI platform to enhance operational efficiency, transform public services

The platform aims to improve government solutions for better service delivery and adaptability

Dubai Department of Economy and Tourism to present innovative initiatives at GITEX Global, Expand North Star

At the event, DBLC will launch solutions to enhance the investor experience and improve business operations in Dubai

Expand North Star 2024: Dubai Chamber of Digital Economy highlights competitive advantages of emirate’s digital business ecosystem 

The chamber will showcase the top facilities and infrastructure in the emirate for supporting digital startups

EDB and ADIB partner to boost SME financing in the UAE

 EDB will provide guarantees of up to 50 percent for the financing offered to SMEs by ADIB

Abu Dhabi SME Champions Program awards $24.1 million in procurement deals within first six months of 2023 launch

During its pilot phase, the program awarded 54 contracts to 49 SMEs, averaging AED1.8 million each