Cairo, Egypt – Edafa Venture has announced the acquisition of two artificial intelligence startups operating in the construction and healthcare sectors during the AI Everything Middle East & Africa – Egypt exhibition, organized by GITEX Global in Cairo on February 11–12, 2026. The six-figure dollar acquisitions were among the most significant investment deals unveiled during […]
Chainberg Secures In-Principle VARA Approval, Steps Closer Towards Full VASP Custody Licence
Dubai, UAE, June 4th, 2026: Chainberg, the institutional custody arm of global digital asset platform Liminal, obtains IPA, paving the way for obtaining a full VASP License from VARA in Dubai. Chainberg, an institutional-grade digital asset custody platform, has received In-Principle Approval (IPA) from the Dubai Virtual Assets Regulatory Authority (VARA), the penultimate milestone before full authorisation as a […]
MBRIF partners with Numou to expand financing pathways for innovation-led businesses in the UAE
Abu Dhabi, UAE – The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, has signed a partnership with Numou, a subsidiary of the international financial centre of Abu Dhabi, ADGM, to expand financing pathways for innovative businesses supported by MBRIF and further strengthen […]
Vantage Markets Strengthens UAE and MENA Market Engagement with Trust Led Regional Strategy
Dubai, UAE, June 5, 2026 — Vantage Markets today announced a strengthened UAE and MENA market engagement strategy, outlining a trust led regional direction focused on transparency, trader education, responsible market access and long-term participation in one of the world’s fastest evolving financial hubs. “The UAE is one of the world’s most forward looking financial […]
Revolut Co-Founder to Step Down as CTO
5 June 2026, Dubai – Revolut has today announced that Co-founder Vlad Yatsenko has decided to transition from Chief Technology Officer (CTO) into a Non-Executive Director (NED) capacity on the Board, effective 1st July 2026. In this ongoing role, he will continue to lend his expertise to the company. This transition follows over a decade […]
Russia’s Sberbank Sees UAE as Strategic Hub for AI, Fintech and Technology Cooperation
On the sidelines of the St. Petersburg International Economic Forum (SPIEF), First Deputy Chairman of the Executive Board of Sberbank Alexander Vedyakhin stated that the UAE is a key partner for Sber in the Middle East. The country is seen not only as an important economic player but also as a key platform for technological […]
UAE-based CNTXT AI acquires Actualize to strengthen Arabic Voice AI for Enterprise and Government across the GCC
Abu Dhabi, UAE – CNTXT AI, a UAE-based data and AI company, today announced the acquisition of Actualize, an enterprise AI company building dialect-aware Arabic voice agents for the GCC, powered by realistic Arabic speech models. The acquisition brings Actualize’s technology and team into CNTXT AI, strengthening its Arabic voice AI and enabling sovereign AI agents […]
Hub71 Abu Dhabi startups selects 27 startups for Cohort 18 in first all-international intake after record 2,453 applications
Abu Dhabi, UAE – Hub71 Abu Dhabi startups, Abu Dhabi’s global tech ecosystem, has selected 27 startups to join its Access Programme as part of Cohort 18, following a record 2,453 applications from 112 countries. The selected startups have raised an average of USD 8.5 million (AED 31.2 million), with total funding of nearly USD […]
Dubai DET launches “SME in a Box” to help entrepreneurs start and run businesses faster and at a lower cost
New initiative by the Dubai Department of Economy and Tourism (DET) consolidates licensing, banking, payments, logistics and telecom services into one integrated onboarding journey, reducing the need for founders to coordinate with multiple providers Brings together 18 private sector partners through a single platform, simplifying business setup and operations Gives businesses access to over AED […]
SEIDOR Launches UAE eInvoicing Compliance Solution
With live pilot implementations already underway, the solution helps SAP customers in the UAE configure, integrate, and test their systems ahead of the January 2027 mandatory go-live. Dubai, UAE. The technology consulting firm SEIDOR, through its Middle East business, UAE eInvoicing Compliance Solution, has announced the availability of its UAE eInvoicing compliance solution, designed to support businesses […]
