The MENA Annual Venture Report for 2017 revealed that the deals secured by UAE startups accounts for 84 percent of the $475 million whole deal value raised by regional startups last year.
Over 60 startups to take part at Dubai’s UNLOCK Blockchain forum
Over 60 blockchain start-ups will participate in the upcoming UNLOCK Blockchain Forum, which is set to take place on 14th to 15th January in Dubai.
Five Saudi tech startups qualified for Badir Accelerator
Five startup technology companies have been qualified for Badir Business Accelerator Program in its second cohort this coming year. These …
Second cohort of tech startups graduate from Intelak Incubator
The cohort teams presented their final work to Emirates Group, GE, and Etisalat Digital management teams and the wider investor community, taking their ideas from concept to tangible business solutions.
startAD Demo Day spotlights hardware innovation in the UAE
Three teams walked away with a prototyping grant that will enable them to further develop their products at startAD’s Hardware Venture Launchpad’s Demo Day.
Individual investors top financiers of Saudi tech startups
Individual investors have the biggest stake in Badir incubated startups in the innovation and modern technology field at SR30 million, …
Oman Technology Fund enlists Ireland’s NDRC to provide startup expertise
NDRC will provide expertise and personnel throughout a three-month programme for 10 start-ups from the MENA region, with the OTF investing the required capital.
Car purchasing app Seez R launches in UAE
Lebanese firm Seez R has launched its app in the UAE that is “going to change” how users look for …
UAE-based Crescent Enterprises launches $150m startup fund
Crescent Enterprises CEO Badr Jafar said half the fund would be allocated to startup firms in the Middle East and North Africa (MENA).
SME sector in GCC set to hit $920bn in next five years: study
While the GCC region accounts for only 34% of the MENA SME sector, with around $360 billion per year, it has the largest potential for SMEs regionally, as it is growing from a relatively low base.