Innovative Startups and SMEs Fund invests in MSA Novo’s MENA fund

The Innovative Startups and SMEs Fund (ISSF), announces an investment in MSA Novo MENA-focused fund. MSA Novo is the emerging markets focused venture fund under MSA Capital, a global multi-stage investment firm. This investment underscores the commitment of the ISSF to empowering promising Jordanian startups to advance the local entrepreneurial landscape and the national economy […]

Joby to launch air taxi service in UAE

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025. The agreement, signed at the World Governments […]

AUS and Sui launch Blockchain Academy to seed the next generation of web3 builders

Sui, a Layer 1 platform for decentralized computation which has grown at a torrid pace since its inception nine months ago, announced it has partnered with American University of Sharjah (AUS) to establish the AUS-Sui Blockchain Academy, a brand new blockchain academy in one of the most well-regarded academic institutions in the region, creating opportunities […]

LogRhythm expands partnership with e-finance to accelerate cybersecurity innovation in Egypt

LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, has expanded its partnership with e-finance, a subsidiary of e-finance Investment Group to deliver secure digital transformation in Egypt. The strategic expansion of the partnership sees the integration of LogRhythm into e-finance’s cloud computing platform. e-finance’s customers across […]

Dubai International Chamber strengthens efforts to support global expansion of UAE entrepreneurs

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has held a meeting with UAE entrepreneurs and founders of local businesses operating across diverse sectors. The session showcased the chamber’s numerous bespoke programmes aimed at supporting the global expansion of UAE businesses and enhancing their competitiveness in international markets. […]

Markaz’s real estate reports predict robust sector growth in key GCC markets for H1 2024

In line with its commitment to empowering investors with the latest and most reliable information on market trends and opportunities, Kuwait Financial Centre “Markaz” published a series of reports on the real estate markets in Kuwait, Saudi Arabia, and the UAE recently.  Prepared by Marmore MENA Intelligence, of the research arm of Markaz, the reports […]

Grant Thornton UAE strengthens leadership with new partner appointments and promotions

Grant Thornton, a leading professional services firm, announced a series of partner appointments and promotions to further fortify its executive bench as it continues to accelerate its growth and expansion in the UAE. Imran Jaffer has been appointed as the Restructuring Advisory Partner and will lead the firm’s Financial Restructuring Advisory practice from the company’s […]

Deloitte Future of Cyber report provides Middle East data and urges strategic action

Deloitte has released its highly anticipated Future of Cyber report, providing crucial data based on extensive Middle East and global surveys, as well as analysis and insights by Deloitte experts. The Future of Cyber report provides a vital resource for business leaders seeking to inform their cybersecurity strategies. The survey revealed a substantial 51% of […]