News and Events
December 12, 2021
December 12, 2021
MENA startups raised $284 million across 71 deals in November 2021 which means an increase of 89% compared to the previous month and a whopping 666% increase compared to November last...
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December 7, 2021
December 7, 2021
COMEX, the most prominent exhibition in the Sultanate of Oman in the field of information and communication technology, is held annually with the support of the Information Technology Authority; It provides access to future tools,...
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December 4, 2021
December 4, 2021
2021 has been an exceptional year for venture capital investments in the Middle East and North Africa, which have reached nearly $3 billion so far.
In October 2021, the volume of funding increased by 181% compared to October last year, reaching $150 million, which imposes...
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November 24, 2021
November 24, 2021
In order to accomplish the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, announced launching the “Dubai Future District Fund” with a value of one billion dirhams in its first step
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November 16, 2021
November 16, 2021
As October starts and third quarter of 2021 is passed, for the first time the volume of investments in startups in the Middle East and North Africa exceeded the $2 billion. Almost half of these investments (i.e., $1 billion) were injected during the...
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November 10, 2021
November 10, 2021
Ahmed Al-Falasi, the UAE Minister of State for Entrepreneurship and Small and Medium Enterprises, at a conference in Dubai, said that UAE aims to attract 20 startups which are called “Unicorn Companies” by...
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November 3, 2021
November 3, 2021
Omantel and Ericsson signed a Memorandum of Understanding to promote technological innovation initiatives through Omantel Innovation Labs. Omantel Innovation Labs was introduced in July 2021 as one of the main initiatives launched by Omantel to...
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October 30, 2021
October 30, 2021
The Authority of Small and Medium Enterprises Development revealed the details of the annual Gulf Entrepreneurs Forum 2021 which will be held from November 8th to 11th.
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October 25, 2021
October 25, 2021
The VC sector in the Middle East has met tremendous growth over the past year. In the Middle East and North Africa (MENA) there has been $1.2 billion fundraising by VCs during the first half of 2021, which means an increase of 64% compared to the same period in last year according to...
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