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 in “advanced talks” to acquire Middle East rival Careem
Uber Technologies is in advanced discussions to buy its Dubai-based rival Careem Networks, according to a Bloomberg report.
Saudi Arabia’s Badir tech startups raise $29 million
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.
Bahrain Fintech Bay announces new JV to boost AI adoption
Labiba for Artificial Intelligence announces formation of Labiba W.L.L and its venture acceleration partnership with Bahrain Fintech Bay.
Dubai, UK to foster collaboration between FinTech ecosystems
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.
Middle East and North Africa startup market reaches $650M: study
The Middle East and North Africa’s digital startup ecosystem is rapidly growing, with funding reaching $650 million from 270 deals in 2017.
Five Saudi startups qualify for Badir programme’s third edition
Saudi Arabia’s Badir Business Accelerator Programme has announced that five technology companies have qualified for the programme’s third cohort.
Dubai RTA inks trio of deals to accelerate mobility innovation
Dubai’s Roads and Transport Authority (RTA) has recently accelerated its efforts to make an active contribution to the Dubai Future Accelerators strategy.
Dubai reinforces knowledge culture among Emirati talents
As part of the third Emirati Tech Boot Camp, Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, organised a demo day to give participating teams an opportunity to pitch their startup ideas to a panel of experts.
Global tech giant inks deal to support startups in UAE
AREA 2071, Microsoft and AI Ventures Lab Partner Netways, sign MoU to promote entrepreneurial opportunities for tech startups in UAE.
20 innovative tech solutions on spotlight at second FinTech Hive
FinTech Hive at DIFC has marked another milestone in its continued support for financial innovation with the completion of the 2018 edition of its accelerator programme, launched in collaboration with Accenture.
UAE-based VR startup could be the next Arab unicorn
UAE-based VR startup 360 VUZ is making waves in the North American startup tech scene as it takes part in Harvard Business School’s Start Up Pitch Competition in Boston.
RAKBANK to tie-up with three new fintech firms
UAE based RAKBANK says it is in the process of tying up with three new fintech firms, in an attempt …
UAE tech startup gets a nod from Silicon Valley
UAE-based startup Health at Hand has received recognition from Silicon Valley after winning a place on the coveted Blackbox Connect entrepreneurial immersion programme