Women-led VC firm Globivest completes first close of first fund
Dr. Nagla Dowidar
In a groundbreaking move, Globivest proudly announces the achievement of its first closing, solidifying its position as the premier women-led venture capital...
UAE launches $300 million Falcon Foundation to develop open-source AI
UAE
The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC),...
Saudi proptech Rize raises $2.9 million Seed round
Saudi Arabia
Rize has announced the closure of its seed round, raising $2.9 million. Concurrently, the company has raised additional funds through debt to bolster its...
Kuwait’s Bookr raises Bridge round from Plus VC
Kuwait
Bookr, a leading cloud-based SaaS-enabled marketplace that enables users to locate and book salons, spas, groomers, and stylists, announced today that the company has...
Bahrain’s labor fund launches Riyada program to boost startup ecosystem
Bahrain
Bahrain’s startup ecosystem is poised to strengthen with the launch of a new business support initiative by the country’s labor fund, Tamkeen.
Partnering with UK-based Hambro...
