Startups

Sharjah Media City (Shams) has established a new venture builder called Shams Valley, Sham valley is being launched in cooperation with UAE-based venture-building studio Grow Valley

Ollang, a tech startup, was named the winner of the inaugural London Business School MENA Startup Competition 2022. The competition, sponsored by global behemoths Amazon Web Services Activate, Strategy&, a member of the PWC network, and regional telecommunications

Dubai-based FinTech Startup Crunch App Ltd. has announced today the launch of its mobile app ‘Crunch: Personal Finance’; a new personal finance management app that aims to empower individuals to effortlessly manage their money

Decline in MENA startups seems to continue even with raising $173 million across 51 deals in the month of September. The MoM decline in investment value is about 54% while it's almost a 50% drop when compared to the same time the previous year.

For new start-ups in 2022, the Middle East and North Africa (MENA) area is proving to be a popular option. In June 2022, startups in the MENA region collected an astounding $323.7 million across 66 deals where US investors were the most active foreign investors.

Dubai Internet City (DIC), a global business and technology hub and member of TECOM Group PJSC—announced that it will house Intel’s newest artificial intelligence (AI) software R&D centre. The first of its kind in the GCC, the centre will help to advance the capabilities of Intel’s leading AI software solutions.

TEXUB has confirmed its participation at GITEX Global 2022, the region's premier technology exhibition. The company will demonstrate how it digitally connects verified B2B sellers and buyers from all over the world through its innovative global B2B marketplace - a safe, stable, and seamless trade ecosystem for global IT trade.