The Sharjah Economic Development Department (SEDD) has introduced a new service known as the “Instant License,” which is aimed at simplifying the process for entrepreneurs looking to establish their businesses in the emirate. With this innovative service, investors can now receive a commercial license within a single working day, eliminating the need to submit a...
Monsha’at, Saudi Arabia’s Small and Medium Enterprises General Authority, led a group of five potential Saudi unicorn startups to participate in VivaTech 2025, Europe’s premier technology and innovation exhibition. This participation is part of the Saudi Unicorns initiative, which aligns with Saudi Vision 2030 and aims to help fast-growing companies in promising sectors achieve valuations...
Emirates NBD, a prominent financial services brand in the UAE, has launched the fourth cohort of its National Digital Talent Incubator (NDTI) program. This initiative is designed to support the next generation of Emirati fintech founders. The program is supported by the Dubai International Financial Centre (DIFC) Innovation Hub, global payments leader Visa, and technology...
Create. has partnered with Dubai Economy & Tourism (DET) to develop an innovative course portal aimed at enhancing the learning experience for entrepreneurs at all stages of their journey. This platform combines a dynamic website with a custom-built AI-powered learning system, marking a significant advancement in positioning Dubai as a global business hub in line...
Abu Dhabi-based venture capital fund EQIQ is making significant strides in Iraq’s technology sector, planning to double its fund size from $15 million to $30 million by the end of the year. This ambitious move comes as the country experiences a surge in entrepreneurial activity, particularly in areas like FinTech, e-commerce, and logistics. Mohamed Al...
Du, part of Emirates Integrated Telecommunications Company (EITC), announced a strategic partnership with DIFC Innovation Hub on Monday to launch the ‘du Business Entrepreneurship Programme’. This initiative aims to provide significant support to entrepreneurs and start-ups, emphasizing innovative programs and initiatives to enhance the UAE’s business ecosystem. The programme focuses on elevating small and medium...
SC Ventures, the innovation and venture arm of Standard Chartered, based in Singapore, has partnered with the Dubai International Financial Centre (DIFC) Innovation Hub to establish the National Venture Studio in Dubai. This initiative is designed to foster innovation and support venture creation in the region as the UAE enhances its position as a global...
The UAE has introduced a significant initiative called ‘UAE Future 50’, which aims to highlight 50 promising Emirati startups that are set to shape the future economy. The initiative was launched in Dubai in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, who is the Crown Prince of Dubai and...
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) has launched a specialized incubator within its Center of Digital Entrepreneurship aimed at supporting the growth of AI startups. This initiative enhances the Kingdom’s position as a regional innovation hub and highlights the critical role that artificial intelligence plays in driving digital economic growth. The incubator...