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News and Events

 
August 15, 2021
Investments in MENA July2021

Startups in the Middle East and North Africa raised about $632 million last July

Startups in the Middle East and North Africa raised about $632 million last July, through executing 77 deals, which represents a new record. The increase in funding last July was due to the implementation of a number of large deals, such as the financing round of Emirati cloud kitchen operator Kitopi, which raised...
August 10, 2021
Abu Dhabi Department of Economic Development (ADDED)

Abu Dhabi’s “ADDED” to issue professional licenses that allow 100% foreign ownership

The Abu Dhabi Department of Economic Development (ADDED) is introducing a professional license that will allow foreigners full ownership of businesses related to 604 professional activities. The professional activities company covers a...
August 8, 2021
AZOM DESERT 2 IN OMAN

Azom startup will launch “AZOM Desert2 Smartphone” in Oman

Azom , specialized in developing, designing and selling electronics, such as smart devices and accessories, has signed a contract with the Omani ABT Company to be its agent in the Sultanate of Oman. Azom will launch its...
August 3, 2021
AI learning

UAE begins teaching Artificial Intelligence to youth

The UAE’s National Program for Artificial Intelligence launched the “Learn AI Platform” to enhance students’ and youth’s awareness about the latest advancement in the field of AI and its impact on the future. The platform connects young people with...
August 1, 2021
oman startup hub

“OSH” is the gateway to the startup ecosystem in Oman

When an investor or entrepreneur thinks of entering a new market, he must enter this market through its door. The OSH platform in the Sultanate of Oman is the gateway to entrepreneurship, startups and venture capital companies. OSH is an...
July 28, 2021
MENA’s Startup Ecosystem Investment 2021-H1 Report

Most fundraising startups in the MENA during the first half of 2021

– MENA startups raised record funding in the first half of 2021, led by Saudi FinTech Tamara, which raised $116 million over the past six months through two funding rounds. According to Forbes Middle East calculations, about 170 companies announced raising funds during...
July 26, 2021
top 5 countries to start a business in the middle east

Top 5 Countries to Start a Business in the Middle East

– A constant in the middle east is the conducive economic and business climate. Some countries in the region rank particularly well for starting a new business. Starting a new company or...
July 25, 2021
GITEX FUTURE STARS 2021

“GITEX Future Stars” a global playground for game changers

GITEX Future Stars has emerged in a competitive market, as a leading launch platform in the MENA region and beyond. Its successful combination as an exciting festival of innovation, technology and corporate networking has attracted a number of...
July 24, 2021
business incubators in oman

Business incubators play a pivotal role in supporting the national economy

Business incubators play a pivotal role in supporting national economies; It offers several intensive programs; To expand pioneering and emerging companies, and aims to create new investment opportunities for entrepreneurs; By assisting them in...