Saudi venture capital firm Impact46 has announced a strategic pre-IPO investment of SAR 50 million (over $13.3 million) in Cipher, a Saudi-based cybersecurity startup. This investment underscores Impact46’s commitment to fostering technological innovationRead More…
Maly, an innovative FinAI startup headquartered in Dubai International Financial Center (DIFC), has announced the launch of MalyGPT, MENA’s first Generative AI Financial Assistant. With the user’s permission, this groundbreaking tool can analyse spending habits, financial activities,Read More…
Amazon Web Services (AWS) has announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. PartRead More…
Today, with 150 million startups worldwide and another 50 million launching each year, innovation and creativity are reshaping industries. However, roughly 1 in 5 startups fail in the first year because of a variety of difficulties, from financial struggles to poor product-market fit.Read More…
The Hong Kong Science and Technology Parks Corporation (HKSTP) and the Hong Kong Cyberport, are collaborating to co-host the first-ever Hong Kong Pavilion at Saudi Arabia’s largest tech event, “LEAP 2024”, in Riyadh from 4-7 March.Read More…
The 12th edition of the Step Conference started on a positive note, and the Dubai-born brand will be “going global” through a leading partner hosting model for global event organisers to explore.Read More…
inDrive announces seven startups from the Middle East region have been shortlisted for the Underdog Tech Award after launching the 1st edition last September to support successful technology startups that are thriving despite facing challenges such as limited resources,Read More…
Step Conference, Dubai’s leading tech festival is gearing up for its 12th edition on February 21st and 22nd at Dubai Internet City. The conference this year is expected to host more than 400 startups engaging in over 500 arranged meetings with over 150 venture capital firms,Read More…
Delinea has announced it has acquired Authomize, an innovator in the detection and elimination of identity-based threats across the cloud. The continuous discovery and visibility capabilities of Authomize, married with Delinea’s SaaS solutions for PAM,Read More…
Fintech Saudi and Kyndryl have signed a memorandum of understanding (MoU) to help accelerate the adoption of advanced innovation among Saudi Arabia’s home-grown and locally based entrepreneurs and startups in the financial technology (fintech) industry.Read More…
Microsoft and the Abu Dhabi Investment Office (ADIO) brought 10 impactful sustainability and climate tech startups to COP28 to showcase how their innovative solutions are tackling the most pressing challenges resulting from climate change.Read More…
Check Point Software Technologies has announced the acquisition of Atmosec. An early-stage start-up, Atmosec specializes in the rapid discovery and disconnection of malicious SaaS applications, preventing risky 3rd party SaaS communications, and rectifying SaaS misconfigurations.Read More…
