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...
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 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 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...