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Researchers at the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) have introduced groundbreaking technology that enables users to create realistic virtual avatars in just seconds using a standard webcam. This innovation promises to revolutionize virtual communication by allowing individuals to interact as if they were physically present, capturing facial expressions and movements in real-time....
Royal Rapchee Entertainment has officially launched its innovative Over-The-Top (OTT) streaming platform, Royal Rapchee, in Dubai. This new platform represents a significant investment of Dh50 million from Royal Cut Investment, a well-known investment firm based in the UAE. Registered in the Dubai Department of Economic Development (DED) as Royal Rapchee Visual Recorded Media Distribution LLC,...
ClearGrid has officially launched, emerging from stealth mode with $10 million in funding aimed at transforming the debt collection industry across the MENA region. This comes at a time when the region’s consumer lending market is valued at $500 billion and is facing increasing pressure from tightening consumer protection regulations. Traditional debt collection methods, characterized...
The Dubai Chamber of Digital Economy recently hosted a promotional roadshow in Canada to highlight the advantages of participating in the Expand North Star 2025 event. This initiative aimed to engage 350 Canadian startups, showcasing the diverse opportunities available in Dubai’s dynamic digital landscape. During the roadshow, officials emphasized how Expand North Star 2025 serves...
UAE-based gametech startup PlaysOut has successfully raised US$7 million in a seed funding round, which has resulted in a company valuation of US$70 million. This funding will help PlaysOut enhance its offerings and expand its market presence. The investors participating in this funding round include notable names such as OKX Ventures, KBW Ventures, and Pacific...
Yango Group, a global technology firm, has introduced Yango Ventures, a corporate venture fund aimed at empowering young entrepreneurs across high-growth regions, including LATAM, Sub-Saharan Africa, and MENAP. This initiative is designed to boost local innovation and entrepreneurial growth by offering both capital and access to Yango Group’s extensive experience and network, enabling startups to...