Funding

The Chinese tech giant Huawei will continue to invest in Saudi Arabia, President Yi says

President for the Middle East and Central Asia, Steven Yi, has confirmed the Huawei company’s…

Sendmarc has secured $7 million in funding to support its efforts in enhancing internet safety

Sendmarc, a prominent player in email and domain security, has successfully secured $7 million in…

Hub71 launches new initiative to fund Web3 startups

Hub71+ Digital Assets, a dedicated Web3 specialized ecosystem, has been formed by Hub71, Abu Dhabi’s…

The World Bank and the Abu Dhabi Fund have announced their intention to jointly invest $1.5 billion in the energy transition

The World Bank’s investment arm, International Finance Corporation (IFC), will sign an MoU with the…

Huawei has announced plans to invest $400 million in the establishment of a cloud region in Saudi Arabia

During the LEAP 2023 event, Huawei Cloud announced its intention to launch a cloud region…

STV, a Saudi Arabian company, has established Total Growth platform with a funding of $150 million

STV, a Saudi Arabia-based investment firm, has announced the launch of its Total Growth platform…

Microsoft is set to broaden ChatGPT access

Microsoft Corp announced on Monday that it is expanding access to extremely popular software from…

Flyby completes $1 million seed round

Flyby, a Dubai-based smart delivery box and mobile digital out-of-home (OOH) advertising company has announced…

Crowdfunding platform Manafa secures $28m Series A round

The top debt and investment firm Manafa announced the completion of its Series A round,…

Sheraa teams up with Canada-based incubator DMZ to empower Sharjah startups into NA

The DMZ and the Sharjah Entrepreneurship Center (Sheraa) have established a partnership that will enable…