Nabt, Saudi agritech startup, closes a SAR 5.63mln ($1.5mln) seed round led by Merak Capital

Nabt, a pioneering Saudi agritech startup, has successfully closed a SAR 5.63 million (USD 1.5 million) seed investment round in Q3 2024, led by Merak Capital, a technology-focused investment firm, with the participation of key angel investors. This funding will enable Nabt to accelerate product development and expand its market reach, supporting efforts to transform […]

Adaverse invests in Tharawat Green Exchange

Adaverse, the leading Web3 and blockchain fund in Saudi Arabia, announces a strategic investment in TGE (Tharawat Green Exchange), an innovative startup leveraging Web3 technology to support environmental sustainability initiatives in line with Saudi Vision 2030. Addressing Climate Change Through Technology TGE is a pioneer in carbon offsetting in Saudi Arabia, connecting carbon offsetters with […]

Deloitte Innovation Hub launched in Cairo with $30mln investment

Deloitte has officially launched its Innovation Hub in Cairo, marking a significant milestone in its commitment to driving innovation and harnessing top-tier talent in Egypt. The event was graced by the presence of His Excellency, Amr Talaat, Egypt’s Minister of Communications and Information Technology, along with CEO of the Egypt’s Information Technology Industry Development Agency […]

Magnati partners with Ajman Bank to enhance financial solutions for SMEs in the UAE

Magnati, a leading payment solutions provider in the Middle East, has partnered with Ajman Bank to launch an embedded finance solution aimed at supporting the growth of SMEs. This collaboration will provide seamless access to Shari’ah-compliant financial services, giving SME merchants the tools they need to scale their businesses and contribute to the UAE’s economic […]

Google for Startups Accelerator launches its AI First inaugural cohort in MENA and Turkey

Google has launched its Google for Startups Accelerator: AI First program during an event at the Dubai Future Foundation Auditorium featuring the inaugural cohort of 15 exceptional AI startups from the Middle East, North Africa, and Turkey. The 15 selected startups represent a variety of AI applications, including healthcare, agriculture, sustainability, finance, and accessibility. The […]

ADFD launches the second edition of Kafa’at Program to boost employee competencies

Abu Dhabi Fund for Development (ADFD) has launched the second edition of its Kafa’at program to help employees advance their professional and interpersonal skills. The initiative focuses on enhancing expertise in different fields to boost productivity, streamline operational processes, and promote a positive work environment that encourages creativity, innovation, and teamwork. The Kafa’at program features […]

TikTok, INJAZ Al Arab, INJAZ Saudi kickstart partnership with ‘Pioneers of Saudi’ event

INJAZ Al-Arab, a member of Junior Achievement (JA) Worldwide, the world’s largest non-profit business education organization, is kickstarting its collaborative partnership with TikTok and INJAZ Saudi with a ‘Pioneers of Saudi’ event at the University of Business and Technology Jeddah campus on October 23 at 10 am. This launch event is part of a series […]

Leading Hospitality Services and Emirates Green Building Council forge partnership to drive sustainable infrastructure development

Leading Hospitality Services (LHS), a pioneer in providing innovative solutions across various sectors, has  announced its officially joining the Emirates Green Building Council (EmiratesGBC) as a corporate member, during the “Sustainable Infrastructure Blueprint Energy, Air Quality & Well-being” event held at St. Regis, Saadiyat Island, where industry leaders, experts, and innovators convened to present solutions […]