startups

UAE launches inaugural AI challenge, winner to receive $150,000

Challenge invites startups to propose AI solutions for different sectors including cybersecurity and GenAI in banking and finance

UAE-based startups lead MENA region in funding in June, securing $82.5 million across 15 deals

MENA startups raised $116 million in June 2024, bringing H1 total to $882 million

Dubai Future Foundation, Meta launch incubator program powered by LLAMA 3

Business incubator program seeks to inspire development of impactful AI use cases that leverage Meta’s open-source AI stack

Mohammed Al Naimi, CEO of ACT Group, optimistic about evolving business landscape in Saudi Arabia

Increasing competition, new technologies will help raise quality of products and services offered in the market

ATM 2024 returns next week in Dubai, with over 41,000 attendees expected

The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations

GCC states have succeeded in making economies more integrated: Saudi Arabia’s Al-Jubeir at WEF meeting

Al-Jubeir noted the increase in new startups that Saudi youth have founded, and their contributions to the job market

Abu Dhabi’s ADQ, Oman Investment Authority launch $180 million technology-focused fund

Jasoor Fund propels digital transformation and technological advancement across the region

Saudi Arabia’s startups raise $198 million in March 2024

SaaS providers dominate region's investment landscape

Oman’s fund to invest $4.7 billion in large-scale projects over next 5 years

Supporting economic diversification in line with Oman Vision 2040

$200 million World Bank project creates, maintains over 400,000 jobs in Egypt

Promoting entrepreneurship with focus on women-led businesses

ATM 2024: Sustainability, startups and innovation in aviation sector on the agenda

ATM 2024 will take place from May 6 to 9 at the Dubai World Trade Center