startups

Saudi Arabia achieves record 178 venture capital deals in 2024, retains top rank in MENA region

E-commerce dominated with 33 percent of total funding with a value of $247 million

Halo AI secures $6 million to expand brand creator collaborations beyond Saudi Arabia

The company aims to expand into Dubai and Kuwait, targeting growth in MENA, Europe, and North America

Ten startups selected for second edition of MIT DesignX Dubai Accelerator

The program features a comprehensive curriculum crafted by MIT, which has proven successful in its first cohort

Investopia Tokyo explores investment and financing opportunities in Japanese markets in fintech, new economy

Bin Touq: ‘Investopia Tokyo’ creates promising economic and investment opportunities for the UAE and Japanese business communities

Abu Dhabi’s Hub71, Google partner to accelerate startup growth in the UAE

Google will select 25 high-potential startups from Hub71’s ecosystem for a three-month program

Abu Dhabi’s Hub71 secures $1.9 billion in funding for startups

The global tech hub generated revenues surpassing $1.08 billion

Abu Dhabi Business Week attracts over 10,000 participants on first day

ADBW will deliver more insightful sessions during its remaining days, allowing participants to drive sustainable development and partnerships

Saudi economy grows 64 percent to $1.09 trillion in nominal GDP from 2016 to 2023, says Finance Minister

Al-Jadaan projected a 4.6 percent growth rate for non-oil GDP in Saudi Arabia in 2025 

Dubai International Chamber attracts 157 multinational companies, SMEs from Q1 to Q3 of 2024

The Chamber successfully supported 75 local companies expanding into global markets

Mastercard: Reshaping the financial landscape through AI and innovation

Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB

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