Wamda

U.A.E

Foodtech challenge awards $1 million grant to four startups

Four startups were selected to share a $1 million grant as part of the Tamkeen Foodtech Challenge. Out of 12 finalists, it was Saudi...

UAE Food Security Office tamkeen Catalyst accelerator

Saudi Arabia

Immensa Technology acquires Saudi-based Shakl3D and LayLabs

UAE-based 3D printing solution provider Immensa Technology Labs, has acquired two Saudi Arabia-based companies: Shakl3D and LayLabs. The...

Immensa Technology 3Dprinting

Regional

Fenix launches in the UAE after $3.8 million seed round

Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding. Founded by the former Careem executive...

micromobility Fenix e-scooter

U.A.E

App4Legal raises pre-Series A investment

Dubai-based legal-tech company App4Legal, has secured a pre-Series A funding round from Hong Kong-based Betatron Venture Group (Betatron)...

Legaltech Dubai Angel Investors App4Legal

U.A.E

Sehteq acquires Dawa Express for $3 million

UAE-based health insurance startup Sehteq is set to acquire Dawa Express for $3 million with the transaction to be completed by the first...

healthtech M&A

U.A.E

ADIO allocates AED 152 million to agritech startups

Source: WAM The Abu Dhabi Investment Office, ADIO, announced individual partnerships with Pure Harvest Smart Farms, Pure Harvest,...

agritech Pureharvest ADIO

U.A.E

DIFC’s Innovation Hub to support Dubai’s future economic growth

Source: WAM The innovation mandate has expanded for the Dubai International Financial Centre, DIFC, the leading global financial centre...

DIFC Fintech MEASA

Global

Mubadala invests in TIER

Source: Reuters SoftBank Group Corp’s Vision Fund 2 has led a $250 million investment in Berlin-based e-scooter company Tier...

TIER micromobility e-scooter

U.A.E

Car rental during Covid: Calculating the minutes between expansion and survival

Hasib Khan is the founder and CEO of Udrive, a UAE-based on-demand mobility startup that is now looking to raise investment...

mobility udrive car rental

U.A.E

Brand Ripplr raises $1 million in Series A

UAE-based influencer and marketing platform Brand Ripplr, has raised $1 million Series A investment from Dubai Angel Investors and other...

Digital Marketing Brand Ripplr Dubai Angel Investors

Global

Library21 MEA acquires UK's Inspirational Development Group

Source: Arab News Library21 MEA Holdings Limited, a UAE-based education technology (edtech) company, has announced the acquisition of...

Library21 MEA Inspirational Development Group EdTech

Global

Mubadala leads $700 million funding for US-based Reef Technology

Source: Zawya AbuDhabi's Mubadala Investment Company has led a $700 million funding round for Reef Technology, a US-based...

Mubadala Investment Company Reef technology mobility and logistics

U.A.E

Hub71 chooses startups for third cohort

Abu Dhabi-based accelerator Hub71 has chosen the 19 startups that will partake in the third cohort of its accelerator...

Hub71 AI big data

U.A.E

Cartlow raises $2 million in pre-Series A, launches VASCART

UAE-based "re-commerce" platform Cartlow, has raised a $2 million (AED 7.3 million) pre-series A investment round from Arzan...

Recommerce pre-owned indsutry market Cartlow

Bahrain

Dubai's ICD, Bahrain-based Investcorp invest in India's FreshToHome

Source: Money Control FreshToHome, an online retailer of seafood and poultry said on October 28 that it has raised $121 million in a...

FreshToHome ICD Investcorp

U.A.E

TIER marks return of e-scooters in Dubai

Berlin-based micro-mobility provider TIER, has launched its first fleet of e-scooters in Dubai. This marks the first launch of an e-scooter...

E-scooters micromobility TIER

U.A.E

Dubai Crown Prince launches Nasdaq Dubai Growth Market for SMEs

Source: WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a...

smes Nasdaq Dubai Growth Market Dubai Financial Market

U.A.E

Dubai's Jabbar Internet Group invests in India's Arzooo

Source: Money Control B2B Retail-tech firm, Arzooo on Tuesday said it has raised $7.5 million (about Rs 55.3 crore) in a funding round...

Arzooo Jabbar Internet Group

U.A.E

SCA approves crypto assets regulation

Source: Unlock The UAE SCA ,(Securities and Commodities Authority) during its recent Board of Directors virtual meeting headed by H.E....

cryptocurrency SCA

Global

KBW Ventures invests in US-based Back to the Roots

UAE-based KBW Ventures, the venture capital (VC) firm founded by Prince Khaled bin Alwaleed, has participated in US-based startup gardening...

KBW Ventures Back to the Roots Organic Food

U.A.E

ArabyAds acquires AdFalcon

Dubai-headquartered online advertising startups (adtech) ArabyAds, has acquired Dubai-based advertising and data platform...

ArabyAds AdFalcon mobile advertising

Global

UAE's Amanat invests in US-based BEGiN

Source: Gulf Business Dubai’s education and healthcare investment firm Amanat Holdings has made a Dhs18.4m ($5m) investment in...

Amanat Holdings EdTech

Lebanon

JGroup invests $15 million in Dubai-based FoxPush

Source: Khaleej times JGroup, a Lebanon-based holding company with a vast portfolio of subsidiaries across the Middle East, Europe,...

FoxPush JGroup Advertising

U.A.E

Emirates Angels Investors Association launched

Source: Trade Arabia To boost the UAE economy’s competitiveness, a group of young investors has launched the...

Emirates Angels Investors Association entrepreneurship UAE's economy

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