AREA 2071 has recently hosted 20 global startups valued at AED 42.2 million to participate in two global Accelerator Programmes, WAM reported.
Trukkin Middle East has raised over $3.5 million in its latest funding round as the technology-driven logistics firm looks to scale up its services across the GCC.
Microsoft has partnered with Cubical Services to support start-ups in line with the Kuwait Vision 2035.
Badir Program and Jordan-based startup accelerator Propeller have partnered to boost startup collaboration between the Kingdom of Saudi Arabia and the Hashemite Kingdom of Jordan
Masdar City, Abu Dhabi’s flagship sustainable urban community, has launched Tech Park, a new destination for start-ups focused on technology, sustainability and the digital economy.
du, from Emirates Integrated Telecommunications Company (EITC), has announced the launch of the first-ever IoT and AI Pioneers Competition.
The Saudi biotech startups incubated by Badir Biotechnology Incubator, under the Badir Program, set up by King Abdul Aziz City for Science and Technology (KACST), has successfully raised close to $10.133 million in new funding last year.
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.
Badir Program for Technology Incubators and Accelerators, one of the initiatives of KACST, has reported that its incubated technology startups raised nearly $29.32 million across 63 funding deals in 2018.
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Innovate Finance, an independent membership association that is at the heart of the UK’s FinTech ecosystem.
The Middle East and North Africa’s digital startup ecosystem is rapidly growing, with funding reaching $650 million from 270 deals in 2017.
Saudi Arabia’s Badir Business Accelerator Programme has announced that five technology companies have qualified for the programme’s third cohort.
Dubai’s Roads and Transport Authority (RTA) has recently accelerated its efforts to make an active contribution to the Dubai Future Accelerators strategy.