Wamda

U.A.E

Dubai launches $100 million debt fund to finance startups

Dubai has launched a Dh370 million ($100.7 million) VC debt fund to finance startups and fuel their global expansion. The Venture Debt...

venture debt fund Dubai DIFC

U.A.E

Dubai issues new law to regulate virtual assets

Dubai has adopted a new law to regulate virtual assets, aiming at creating a legal framework to protect investors and provide...

Dubai virtual assets

U.A.E

Dubai-based Zofeur raises $500,000 Seed round

Dubai-based ride-hailing startup Zofeur has announced it raised a $500,000 Seed funding round in May 2021, led by angel...

Zofeur Transportation Dubai

U.A.E

Can Dubai become the capital for next-gen healthtech startups?

Marwan Abdulaziz Janahi is the managing director of Dubai Science Park Medical innovation has surged as the world’s greatest minds...

Dubai healthtech

U.A.E

Dubai launches digital platform to simplify startup process

Source: Gulf News On Tuesday, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler...

Dubai

Regional

The regional tussle for startups: Is Dubai at risk of being overtaken? [part two]

As outlined in the first part of this feature, startups have become a fundamental pillar of the economy, a means not only for innovation,...

Ecosystem Dubai abu dhabi

U.A.E

Navigating Dubai’s next chapter of growth

Majed Al Suwaidi is the managing director of Dubai Media City and lead of in5 Startups have always played a crucial role in the social...

in5 Dubai

U.A.E

Enabling innovation in the UAE

For the UAE government, innovation is indispensable to keep pace with technological advancements and to address the most pressing societal...

Innovation Dubai Dubai Future Accelerators

U.A.E

Dubai Council launches Dubai Future District and $272 million fund

Source: Mubasher Dubai is set to launch a new stock market and a AED 1 billion ($272,265,200) fund to support new-economy companies,...

Dubai future district

U.A.E

Fetchr raises $10 million in emergency funding

Source: Bloomberg Courier app Fetchr, once one of the Middle East’s largest startups, raised as much as $10 million in...

Dubai emergency Funding

U.A.E

Invygo raises $1 million in seed funding

Source: MenaBytes Dubai-based car subscription startup Invygo has raised $1 million in a seed round, the startup announced in a...

car subscription seed

U.A.E

Hikma Ventures invests in Winterlight Labs

Source: Prn newswire Hikma Pharmaceuticals announced that its venture capital arm, Hikma Ventures has led...

AI Healthcare Dubai

U.A.E

Bayzat raises $16 million in Series B funding

Source: MenaBytes Dubai-based HR and insurance startup Bayzat has raised $16 million in a Series B round from Mubadala’s newly...

news Dubai Investment

U.A.E

BulkWhiz raises multi-million Series A

Source: MENAbytes Dubai-based e-commerce grocery platform BulkWhiz has closed its Series A, the startup announced today in a...

E-commerce Series A Investment

U.A.E

Dubai launches e-commerce strategy

Source: Gulf News Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council,...

E-commerce Government Dubai

U.A.E

Dubai rolls out virtual business licences for global investors

Source: The National Dubai rolled out on Monday virtual commercial licences that allow investors from across the globe to establish...

news license Business

Regional

HiGuests closes investment at $1.1 million

Source: Menabytes Dubai-based property management startup HiGuests has closed $1.1 million (EUR 1 million) in an investment round,...

Dubai startup

Regional

Washmen raises $6.2 million Series B

Source: Menabytes Washmen, a Dubai-based dry cleaning and laundry service has raised $6.2 million in its Series B round, the startup...

startup series B Washmen

U.A.E

Shopping for groceries with El Grocer

The Middle East is no stranger to online food delivery. Apps like Zomato, Deliveroo and Talabat are found on almost every smartphone in the...

el grocer e-grocery Dubai

Regional

Game of hubs: The battle for the Middle East's startup capital

For several years, Dubai, with its strategic location and stability, has been able to establish itself as the hub for the private sector...

entrepreneurship hub Dubai

U.A.E

Dubai-based Searchie raises $2 million

Source: MenaBytes Dubai-based recruitment platform Searchie has raised $2 million in seed funding led by two family offices who have...

Investment news Dubai

U.A.E

BECO Capital invests in Shedul's Series B

Source: Menabytes Shedul, a London-headquartered salon and spa booking platform that has a big presence in the region through one its...

Investment Booking Dubai

U.A.E

Global video ads marketplace Teads acquires Dubai-based Buzzeff

Source: Menabytes Teads, a New York-headquartered global video ads marketplace has acquired Dubai-based video ads...

Videoads Dubai acquisition

U.A.E

Majid Al Futtaim acquires mobile wallet app Beam

Source: Gulf Business Dubai-based mall operator Majid Al Futtaim has acquired Beam Portal, the owner of UAE mobile wallet app, Beam, it...

Fintech mobile payment Dubai

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