Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
Accelerating creative minds: FinTech Hive receives huge response this year
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
New initiative to empower young entrepreneurs launches in UAE
The partnership aims to focus on supporting entrepreneurship, financial literacy and workplace readiness amongst the youth of the UAE and the wider Middle East
Abu Dhabi incubator revamps programme for Emirati tech entrepreneurs
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has partnered with Khalifa Fund for Enterprise Development for the first time to present an updated version of Ibtikari (My Innovation).
LG bets big on robotics startups
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
startAD opens applications for AI-focused sprint accelerator programme
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has opened applications for its inaugural Artificial Intelligence (AI) Venture Launchpad.
Bahrain VC raises $100M to support Middle East tech startups
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
ConsenSys Ventures unveils new blockchain-focused accelerator programme
ConsenSys Ventures has announced that it will be accepting applications for the Tachyon accelerator.
GITEX
GITEX Future Star contender sets out to transform Dubai’s travel industry
DUBZ first gained exposure during the first-ever Dubai Tourism Start-Up Competition, ‘Futurism’, organised in strategic collaboration with GITEX Future Stars.
DIFC bolsters Dubai’s FinTech ecosystem with new deal
Dubai International Financial Centre (DIFC) has announced its partnership with Startupbootcamp to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region.
Dubai boosts support for travel-tech start-ups
As part of its dedication to the Dubai 10X initiative, the Department of Tourism and Commerce Marketing (Dubai Tourism) is continuously supporting innovative start-ups that will boost the tourism sector.
UAE crypto firm first in MENA to receive regulatory sandbox licence
Palmex, a digital asset exchange powered by ArabianChain Technology, has become the first and only cryptocurrency exchange in the Middle East and North Africa to receive a Regulatory Sandbox License.
Sharjah accelerator awards $50,000 grant to tech startup
The Sharjah Entrepreneurship Center (Sheraa) showcased its newest cohort in front of leading investors, key opinion leaders and heads of government entities, and announced the winner of the $50,000 Accelerator Program Grant at a Ramadan majlis, earlier this week.
DEWA to develop sustainable solutions with startups
The Dubai Electricity and Water Authority (DEWA) has recently signed partnerships with three start-ups to work with them in the 4th Dubai Future Accelerators Programme.