#startups

DIFC venture regulation

DIFC enacts new venture studio regulations

The enactment of the new regulations supports the DIFC Launchpad by providing a legislative framework for venture building

Dubai_Mohammad AlBlooshi - Head of DIFC Innovation Hub and FinTech Hive 2023 DFS

Dubai is bolstering its global fintech hub status. Here’s how

The DIFC Innovation Hub has launched wide-ranging initiatives designed to nurture entrepreneurship and support startups

Middle East venture capital market

The Middle East’s booming venture capital market

The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry

Ahmad Ali Alwan_Impact Event by HUb71

Abu Dhabi’s Hub71 sees robust 102% growth in in 2022

Hub71 and its focus on driving impact for startups and Abu Dhabi has led to the facilitation of 41 POCs for corporate partners valued at Dhs160m by the end of 2022

SCCI, EDB partnership

Sharjah Chamber, EDB review funding solutions for investors

The bank is a financial enabler of the UAE’s economic diversification and industrial transformation agenda

Investible Signing Event 27.02.23

Here’s how Hub71, Investible will support climate tech and other early-stage companies

The tech ecosystem’s startups will also gain access to Club Investible, a global network of more than 130 high-net-worth investors who provide capital and expertise

Women startups

Women-led startups are aiming for a bigger slice of scarce funding

On a global level, the past year was difficult for almost anyone looking to raise money, but it was almost impossible for small startups founded by women

Karl Hougaard shares the top businesses to star in the UAE in 2023

Top businesses to start in the UAE in 2023

The UAE offers a variety of business opportunities, both on and offline, for entrepreneurs looking to start new ventures in 2023

Hub71 is Masdar City's official startup ecosystem partner

Abu Dhabi’s Hub71 named Masdar City’s official startup ecosystem partner

The entities will identify opportunities to collaborate in areas including mobility, food, health, and climate action

Fourth cycle of Flat6Labs Ignite program kicks off in Abu Dhabi

Fourth cycle of Flat6Labs Ignite programme kicks off in Abu Dhabi

Startups for the fourth cycle of the programme were picked after a comprehensive selection process involving over 960 applicants from across the world

Insights: Three lesser-known reasons why startups fail

With the right focus and partners along with right information about potential pitfalls, a business can survive in the face of challenges

Flat6Labs, Wio Bank ink MoU to enhance SME-centric banking services in Abu Dhabi

In addition to banking services, Wio Bank will provide experts and mentors to support startups in Flat6Labs Ignite’s programme

MoE and creative zone - courtesy WAM

Creative Zone joins Ministry of Economy’s NextGenFDI initiative

The NextGenFDI programme, which was launched in July, aims to attract digitally-advanced companies into the UAE market and develop the next generation of technology-based companies

Hub71

Abu Dhabi’s Hub71 startup community raises $1bn in venture capital

Nine startups had raised over $150m collectively at the time of joining Hub71 in 2022

UAE issues corporate tax law

The country’s corporate tax regime will levy a standard rate of 9 per cent on taxable profits exceeding Dhs375,000

Dubai SME leverages fintech to support start-ups in partnership with Beehive

Mohammed Bin Rashid Fund for SMEs partners with Beehive to support startups

In 2021, the Fund supported SMEs with Dhs65.29m worth of financing, of which Dhs47.67m was disbursed through Beehive to 374 projects

PepsiCo Greenhouse Accelerator

Accelerating sustainability, encouraging innovation

Aamer Sheikh, CEO Middle East, PepsiCo, tells Gulf Business about the MENA edition of the mentor-led Greenhouse Accelerator programme and its focus on sustainability

Khaleelulla Baig co-founder and CEO Koinbasket

Interview with Khaleelulla Baig, co-founder and CEO of Koinbasket

Koinbasket lets you invest in diversified cryptocurrency portfolios and indexes, implementing a proprietary algorithmic approach to pick the best from 1000’s of crypto products in real time

Is MVP outsourcing right for your tech startup?

Is MVP outsourcing right for your tech startup?

We explore the pros and cons of outsourcing a minimum viable product for your company

MASDAR- MBRIF - GITEX

Masdar City, MBRIF to support sustainability-focused UAE startups

Biosolvit, Wahaj Solar, Alesca Life, ECOLOO and Desolenator from MBRIF’s Accelerator programme will join Masdar City’s growing network of sustainability-focused companies

Gitex Global: Hub71 and GetFundedAfrica to fundraise support for startups

Gitex Global: Hub71 and GetFundedAfrica to support growth of tech startups

Qualifying startups from Abu Dhabi and Africa to gain guidance, resources and support to setup, scale and raise funding in new markets

Hub71

Abu Dhabi’s Hub71 appoints new deputy CEO

Ahmad Ali Alwan has been a founding member of Hub71 since 2019

Insights: How boards of startups can add value

When it comes to a meeting agenda, keep it simple, but make it an accountability tool

Bahrain's Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

Bahrain’s Al Waha Fund, Hambro Perks launch HP Spring Studios to support fintech startups

The studio aims to create new highly skilled jobs in Bahrain for both local and international talent, on both its core team and at the startups it helps to launch

Badr Al Olama, Acting CEO, Hub71 and Kendra Rauschenberger, General Partner Siemens Energy Ventures, sign Memorandum of Understanding

Abu Dhabi’s Hub71, Siemens Energy partner to support cleantech and climate tech startups

As part of the agreement, Siemens Energy will provide select startups with strategic mentorship by participating in knowledge-sharing platforms

Emirates NBD launches global accelerator programme

Emirates NBD launches global accelerator programme for metaverse startups

The bank is looking for fintechs, digital experience startups and emerging technology players operating to support its immersion into the virtual world

Venture capitalists

Where venture capitalists are inclined to invest in the Middle East

With new innovations in DeFi, GameFi and infrastructure spaces, Cypher Capital looks forward to being part of large milestones for blockchain

lab-grown food

Could lab-grown ingredients could be the future of food?

Stakeholders are looking at ways to reduce the environmental impacts of factory farming and animal agriculture

Amazon startups

Amazon backs Saudi entrepreneurs to establish logistics startups

The programme aims to establish more than 30 new startups and create hundreds of job opportunities during the first three years

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others