Dubai, UAE – Tokinvest, the UAE-based regulated marketplace for Real-World Asset (RWA) tokenisation, today announces three significant achievements: receiving the first full multi-asset issuance licence from Dubai’s Virtual Assets Regulatory […]
Dubai, UAE – Careem, the leading regional Everything App for mobility, delivery, and fintech services, has announced the acquisition of a minority stake in UAE-based digital car rental platform Swapp.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE, Prime Minister, and Ruler of Dubai, launched a new national campaign under the title “UAE: The Global
The Artificial Intelligence, Digital Economy and Remote Work Applications Office, in collaboration with the Dubai Centre for Artificial Intelligence, is organising a landmark visit for 50 Chief AI Officers from
UAE-based fintech CredibleX secures a $100 million senior secured credit facility from UK investment firm Pollen Street Capital, marking Pollen Street’s first direct entry into the UAE market since opening
Dubai, UAE – Holo, a UAE-based fintech platform reinventing the home-buying experience, has announced that it has raised $22 million in a Series A round, marking one of the largest
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance, has announced the selection of 20 innovative startups to join the 10th cohort of
In a historic milestone for real estate innovation in the region, Stake, the leading digital real estate investment platform, has officially surpassed AED 1 billion in transactions. This achievement marks
United Arab Emirates, 7 May 2025 – Standard Chartered has announced the launch of the seventh cohort of its Women in Tech UAE Accelerator, in collaboration with C3 – Companies
Dubai-based HUSHDAY, the Middle East’s first premium, invitation-only flash sales platform, has successfully raised $550,000 (over AED 2 million) in a pre-seed funding round backed by regional tech investors. Founded
Abu Dhabi, UAE – April 24, 2025 – Pay10, a leading UAE-headquartered Alternative Payment Method (APM) provider, has announced that it has become the first fintech company to go live
ADNOC Distribution, the UAE’s leading fuel and convenience retailer, has entered into a strategic partnership with noon, the region’s foremost digital platform, to redefine last-mile delivery using artificial intelligence. The
Amwaj International, a billion-dollar multinational conglomerate with over 10,000 employees and a global presence in 27 cities, has announced the acquisition of an 18% stake in UAE-based real estate development
Startup funding in the Middle East and North Africa (MENA) saw a notable 60% surge in Q1 2025, reaching a total of $693 million, according to the latest Digital Digest
Thmanyah has reported a net profit of SAR 898,000 for fiscal year 2024, marking a dramatic turnaround from a SAR 19.2 million net loss in 2023. In 2023, Thmanyah posted revenues of SAR 27.56 million—a
Abu Dhabi – M42, the UAE‑based global health pioneer powered by artificial intelligence (AI), technology, and genomics, today announced a strategic investment and partnership with UK‑based longevity biotech leader Juvenescence.
UAE – Dubizzle Group, a leading digital marketplaces provider in the MENA region, has announced the acquisition of Property Monitor, a specialized platform offering comprehensive real estate market data for
Abu Dhabi – April 15, 2025 – AIREV, the fast-growing UAE-based artificial intelligence startup that stands among the leading AI companies in the Gulf, has secured a strategic investment from
Checkout.com, a global leader in digital payments, has announced its plan to expand its operations in the United Arab Emirates by launching a card issuance service—a first-of-its-kind initiative by a
Fuse, the UAE-based cross-border payments solutions company, has announced the successful close of a $6.6 million seed funding round. The round was led by Northzone, the European investment firm known
Enza, a UAE-based fintech company, has successfully raised $6.75 million in a Seed funding round led jointly by Algebra Ventures and Quona Capital. This investment highlights strong confidence in Enza’s
ClearGrid, a UAE-based fintech specializing in debt collection solutions, has raised $10 million in pre-seed and seed funding rounds. The pre-seed round was led by RAED Ventures and BECO Capital,
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has issued Executive Decision No.
The Government of Abu Dhabi has signed a multi-year sovereign cloud agreement with Microsoft and Core42, a G42 company specializing in AI infrastructure, sovereign cloud, and digital services. This partnership aligns with Abu Dhabi’s $3.54 billion digital strategy for
ORO Labs, a tokenized gold protocol built on Solana, has raised $1.5 million in a pre-seed funding round. The company aims to transform gold into a liquid, composable, and income-generating asset, revolutionizing the
Ripple, a leading blockchain and digital payments company, has obtained a license from the Dubai Financial Services Authority (DFSA), allowing it to provide regulated cryptocurrency payment services in the Dubai International Financial
Binance, the world’s largest cryptocurrency exchange, has announced that MGX, a UAE-based leader in AI and advanced technology investments, has acquired a minority stake in the platform for $2 billion. This marks
Micropolis Robotics, a UAE-based robotics manufacturing company, has successfully completed its initial public offering (IPO) on the New York Stock Exchange. The company offered 3,875,000 ordinary shares at $4.00 per
Longevity Wellness Hub, a UAE-based wellness startup, has successfully raised $4 million to expand its presence across the GCC, with plans to launch new centers in Dubai, Abu Dhabi, and Riyadh. The funding will also
AIQ, a UAE-based artificial intelligence company and subsidiary of Presight, has signed a groundbreaking $340 million contract with ADNOC Group to deploy its ENERGYai agent and advanced AI solutions across
KLAIM.AI, a UAE-based fintech company specializing in healthcare-focused financial solutions, has successfully closed a $10 million Series A funding round. The round was led by Mad’a Investment, with participation from
Deem Finance, a leading financial services company in the UAE, has secured asset-backed financing worth $400 million from JP Morgan. This financing aims to strengthen the company’s financial position and
Salica Spring Studios, backed by Salica Investments and Oasis Fund of Funds, has announced a strategic investment in BILRS, a UAE-based company specializing in global bill payment solutions. Founded in
The UAE’s “100 Future Companies” initiative, led by the Ministry of Economy and the Office of Government Development and the Future, unveiled its 2024 list of top startups during the
Myne, a wealth and asset tracking platform, has announced securing $2 million in a Pre-Seed funding round led by Scene Holding, with participation from Raz Holding, Plus VC, Annex Investments,
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