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News and Events

 
December 4, 2021
2021 has been an exceptional year for venture capital investments in the MENA

2021 has been an exceptional year for venture capital investments in the MENA

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...
November 24, 2021
The launch of the “Dubai Future District” fund of one billion dirhams

The launch of the “Dubai Future District” fund of one billion dirhams

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
November 16, 2021
2021 is the year of massive investments in the Middle East

2021 is the year of massive investments in the Middle East

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...
November 10, 2021
Unicorn companies are heading to the Middle East

Unicorn companies are heading to the Middle East

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...
November 3, 2021
Ericsson and Omantel launch an entrepreneurship program

Ericsson and Omantel launch an entrepreneurship program to support innovators and entrepreneurs in Oman

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...
October 30, 2021
The annual Gulf Entrepreneurs Forum will be held in Muscat in 2021

The annual Gulf Entrepreneurs Forum will be held in Muscat in 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.
October 25, 2021
Venture Capital in Middle East is heading towards startups

Venture Capital in the Middle East is heading towards startups

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...
October 17, 2021
The 41st edition of GITEX Technology Week kicks off With the participation of Pioneer Investors

The 41st edition of GITEX Technology Week starts today with the participation of Pioneer Investors

Dubai witnesses the launch of the 41st edition of GITEX Global and 4,000 companies from 140 countries participating in it. The world's biggest tech show by focusing on 6 major categories including "GITEX Future Stars", "Future Blockchain Summit",....
October 12, 2021
Global anticipation for the biggest event... GITEX starts next Sunday

Global anticipation for the biggest event… GITEX starts next Sunday

Next Sunday, the 41st edition of GITEX Technology Week starts and continues for 5days (17 – 20 October 2021) in the World Trade Center in Dubai. GITEX Technology Week is the