News
Winners of UAE InnovAIte Hackathon 2025 announced
The second edition of InnovAIte, UAE’s largest student-led National AI Hackathon, organised by Aryav Odhrani, Nirvaan Thawani, Dasuni Gunasekara, and Alizeh Alihas, successfully concluded, with Team ‘...
Hilbi secures €8 million investment from Ishtar Advisory
Hilbi has secured an €8 million strategic investment from London-based Ishtar Advisory Limited, which will help fuel its expansion across multiple markets. A first €1.5 million tranche is already in p...
UAE leads the global entrepreneurship for the fourth year
The United Arab Emirates (UAE) has been ranked number one globally for the fourth consecutive year by the Global Entrepreneurship Monitor (GEM) report for 2024-2025, surpassing many advanced economies...
Entries open for GoGettaz Agripreneur Prize Competition
The 2025 GoGettaz Agripreneur Prize launches its seventh annual competition in search of Africa’s most promising young co-founders and founders across Africa who have launched businesses across Africa...
RAKEZ and Koshima to boost business efficiency with AI
Ras Al Khaimah Economic Zone (RAKEZ) has entered into a landmark partnership with Koshima, a leader in Artificial Intelligence education and consulting, to empower businesses with a practical approach...
Verkada raises $200 million in Series E funding round
Verkada has announced a $200 million Series E funding round. The round was led by General Catalyst, with significant investment from Eclipse and additional participation from new and existing investor...
FHS Saudi Arabia’s Startup Den invites hospitality entrepreneurs
The Future Hospitality Summit Saudi Arabia’s Startup Den is back for 2025, offering unique opportunities for hospitality entrepreneurs to secure exposure, mentorship, potential funding and prizes such...
Mobile app revenue crosses $1.7 billion this Ramadan
As brands across the region continue to compete for consumer attention during the Holy Month, new data from AppsFlyer, the global leader in marketing measurement, attribution, and data analytics, reve...
Gartner says GenAI spending to reach $644 billion in 2025
According to a forecast by Gartner, Inc., worldwide generative AI (GenAI) spending is expected to total $644 billion in 2025, an increase of 76.4% from 2024.