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Techstars Hub71 programme in Abu Dhabi runs in partnership with Mubadala Investment Company. Hub71’s support includes access to its incentive programme, offering participating startups equity-free office space, housing and insurance.

Thales Emarat Technologies will work closely with Hub71 start-ups and other ecosystem members over the coming years to discuss and identify various collaboration opportunities. Hub71 members will have access to Thales Emarat Technologies events and workshops each year led by experts from Thales. In addition, Thales staff will join the Hub71 mentorship programme.

Despite UAE’s entrepreneurial drive, the delays experienced by startups were cited as due to stringent documentation processes and lengthy KYC procedures that differ from bank to bank. These are key areas that Hub71 and partners aim to help solve for startups across the UAE.

In a recent development for the UAE’s food tech scene, […]

Huawei Cloud has successfully inaugurated its “Go Cloud, Go Middle […]

Abu Dhabi-based startup Cypherleak, a trailblazing cyber risk monitoring and scoring company, has successfully closed a seed funding round, securing an impressive $750,000 from investors hailing from Abu Dhabi, Morocco, and Qatar.

Fluent Finance, a blockchain company based in the United States, […]

The Mohammed Bin Rashid Innovation Fund [MBRIF], an initiative launched by the UAE Ministry of Finance to support nationwide innovation, announced today that it has provided funding support to Bayzat, the UAE's leading employee benefits platform, as part of its Guarantee Scheme. Bayzat will use the funds secured by MBRIF's guarantee to expand its workforce, with a focus on further strengthening its technical development team.

Hub71, Abu Dhabi's global tech ecosystem, and e& enterprise, a division of e& (formerly Etisalat Group), have announced the establishment of the region's first AI Center of Excellence (CoE).

"Our second cohort of GrowthX follows a very successful first phase in 2021, where we saw massive interest from innovators across the region,” said Roberto Croci, Managing Director, Microsoft for Startups, MEA.