Abu Dhabi – Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that global healthcare technology company CorroHealth has made a strategic investment into one of its portfolio companies, Santechture, a Dubai based pioneering revenue cycle management (RCM) intelligent technology solutions provider. The deal brings together […]
Dubai, UAE – Legal tech startup Qanooni has raised $2 million in seed funding to transform the way legal professionals interact with AI. The round was led by Village Global, with participation from Salica Investments’ Oryx Fund, TA Ventures, and a group of strategic angel investors. The fresh capital will be used to accelerate Qanooni’s expansion […]
Riyadh, Saudi Arabia – June 5, 2025 — Emirates NBD Capital KSA, the investment arm of Emirates NBD Group in Saudi Arabia, has received approval from the Capital Market Authority (CMA) to launch a new public fund in the Kingdom. The newly approved “ENBDC Saudi Equity Freestyle Fund” will offer investors access to Saudi equities, […]
Dubai, UAE: At its Annual General Meeting, the Dubai Future District Fund (DFDF), which is anchored by Dubai International Financial Centre (DIFC) and the Dubai Future Foundation (DFF), unveiled highlights from its 2024 performance, celebrating a year of strategic growth, deepened alignment with Dubai’s economic vision, and bold steps toward fostering a resilient, inclusive innovation ecosystem. […]
Kumulus Water, a Tunisia-based WaterTech startup that turns air into clean drinking water, has raised $3.5 million in seed funding to expand its operations and scale its atmospheric water generation technology, a company statement showed on Tuesday. Funding details The round was backed by Bpifrance (via France 2030 SGPI and the Île-de-France Region), regional VCs […]
Abu Dhabi – Khalifa Fund for Enterprise Development (KFED) has entered into a strategic agreement with the Inovartic Investment to enhance bilateral cooperation and support startups in the gaming sector in the UAE. At the centre of this agreement is a comprehensive framework designed to support early-stage gaming enterprises by offering incubation services, specialised training programs, […]
Doha, Qatar – June 2, 2025 – ShipBee , an innovative & AI-powered one-stop-shop digital logistics marketplace, providing end-to-end logistics solutions, incubated & supported by the mobility incubator of Qatar Development Bank and the Digital Incubation Center, today announced the successful closure of its Pre-Seed funding round, raising a total of QR855,000 from institutional and angel investors, valuing […]
In a strategic move to bridge the financing gap for small and medium enterprises (SMEs) across the Arab world, the Arab Fund for Economic and Social Development, through its SME financing arm, Badir Fund, is investing in Shorooq’s Nahda Fund II, a Qualified Investor Fund registered with the FSRA ADGM. In a strategic move to […]
Cairo, Egypt – MDP, a leading payments technology infrastructure group in the Middle East and Africa, is pleased to announce a new phase of growth following a strategic investment led by Lorax Capital Partners (“LCP”). The transaction marks the exit of long-time partner AfricInvest, whose support has been instrumental to the group’s expansion in recent years. MDP […]
Partnership to enhance investor engagement and support startup growth in Abu Dhabi Collaboration reinforces Tech Barza’s role in connecting family offices with high-potential startups and enabling strategic corporate deals Hub71, Abu Dhabi’s global tech ecosystem, has announced a strategic partnership with Yas Investments, a leading multi-family investment platform and fund manager, to enhance investor participation in […]