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The in5 business incubator, part of the TECOM Group, is continuing its leadership role in supporting startups and entrepreneurs by fostering international collaboration in the sector. This initiative aims to enhance innovation globally, leveraging the skills and creativity of emerging talents from Europe. The incubator is focused on creating opportunities for innovative projects and enhancing...
Indian startups are increasingly choosing Dubai’s free zones as a base for expansion, attracted by the region’s strategic location and business-friendly environment. The trend of Indian enterprises setting up in Dubai is notable, with these companies leading the list of new non-Emirati firms joining the Dubai Chambers. In the first nine months of 2024, Indian...
Abu Dhabi, UAE: Violet Ventures, recognized as the UAE’s largest student startup community based at NYU Abu Dhabi (NYUAD), successfully hosted the third edition of NYUAD Slush’D, focusing on “The Future of AI in MENA.” This event is a regional extension of Slush, the largest founder-centric gathering globally, and it attracted over 500 attendees, including...
The UAE is enhancing its support for startups and entrepreneurship by implementing flexible government policies, advanced legislation, and establishing world-class infrastructure. This makes the country one of the most attractive destinations for investors and entrepreneurs worldwide. Central to the UAE’s economic vision is a focus on diversification, sustainability, and innovation. This approach fosters a competitive...
Abu Dhabi Global Health Week (ADGHW), held under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has announced the launch of a Startup Zone and Smart Health Hackathon. These initiatives aim to provide researchers and health startups with...
Dubai-based venture builder Disrupt.com has announced a fund of US$100 million aimed at supporting technology startups that focus on artificial intelligence globally. This initiative is designed to foster early-stage ventures across various sectors, including AI, cybersecurity, Web 3.0, automotive technology, and retail innovation. Founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit, Disrupt.com is specifically...
The Future 100 initiative, a collaboration between the Ministry of Economy and the Office of Government Development and the Future, has unveiled the Future 100 – 2024 list. This list highlights 100 of the most promising startups and scaleups based in the UAE that significantly contribute to the competitiveness of the country’s future economy. The...
Flow48, a fintech start-up based in the UAE, has successfully raised $69 million in a combination of debt and equity funding during its Series A round, which was led by the Parisian venture capital firm Breega. The funding round also included notable participation from Evolution Ventures, Endeavor Catalyst, Daphni, Speedinvest, 212, and Plus VC. This...
Egypt-based fintech company MNT-Halan has announced its expansion into the UAE, marking a significant growth phase for the unicorn startup. Co-founder Mounir Nakhla emphasizes that the company has only begun to tap into its full potential, highlighting the mission to redefine financial access for millions. Founded in 2018, MNT-Halan originally launched as a ride-hailing platform....
Dream Security, an Israeli cybersecurity startup, has reached a significant milestone by attaining a billion-dollar valuation. The company specializes in artificial intelligence solutions and has garnered support from an investor based in Abu Dhabi. Co-founded by former Austrian chancellor Sebastian Kurz, Dream Security is poised to make a notable impact in the cybersecurity landscape. The...