Browsing Tag
Middle East
10 posts
Middle East-based Sigma Capital launches $100 million fund for Web3 startups
Sigma Capital venture asset manager has announced the launch of a US$100 million fund dedicated towards accelerating Web3 innovation
Middle Eastern foodtech startup Calo raises $25 million, plans Saudi IPO by 2027
Saudi foodtech startup Calo raises $25 million in Series B funding, aiming for a Saudi IPO by 2027.
Oman Investment Authority acquires stake in Elon Musk’s xAI
Oman Investment Authority (OIA) has acquired a stake in xAI, Elon Musk’s artificial intelligence company
Abu Dhabi’s Masdar City offers new startup packages with company lifetime visa and easy launch perks
UAE’s Masdar City has launched two new business packages designed to streamline the setup process for startups and growing companies
India’s BluSmart expands to UAE with all-electric limo service, eyes $300 million to expand EV fleet
BluSmart, India's leading electric car operator, has extended its operations to the UAE, introducing the country’s first fully electric premium limousine service.
Saudi Arabia rolls out self-driving electric buses
For the first time, Saudi Arabia has launched self-driving electric buses, offering sustainable and environment-friendly transportation.
Saudi Arabia launches four new economic zones to attract foreign investors
Saudi Arabia has launched four special economic zones to offer more incentives to foreign investors and strengthen its position as a global business center
Careem Super App spinout secures $400 million from UAE tech group e&
Careem, the Middle East-based ride-hailing company, launches Careem Super App spinout after securing a $400M investment from UAE telecom giant
Israeli startup Chain Reaction raises $70M to launch blockchain chips
Israeli blockchain chip startup, Chain Reaction, has raised $70 million to accelerate complex technological solutions for blockchain and privacy technologies.
Saudi-based fintech Hala acquires UAE’s payment startup to expand regionally
Saudi-based fintech Hala acquires UAE’s payment startup to expand its foothold in the MENA (Middle East and North Africa) regions.