The UAE’s app economy is moving into a more stable and profit-focused phase, according to new data presented at the inaugural MAMA Dubai event.

DataCamp has acquired Dubai-based Optima in a $15m deal, strengthening its position in data and AI-focused online learning. The move expands DataCamp’s global reach and accelerates its push into AI-driven education technology.

The global business school Tetr College has secured $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments.

Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Emirates NBD to enhance access to corporate banking services for SMEs as well as larger enterprises within its ecosystem.

Thirteen Saudi fintech startups have attracted nearly $2m in investment interest at the Biban Forum 2025’s Investors Arena, an interactive platform connecting entrepreneurs with potential backers.

Saudi-based WakeCap has acquired Brazilian workforce safety and operations platform Trackfy, marking a significant expansion into the Latin American market.

Hub71’s startup community has reached a major milestone, with nearly 300 companies collectively raising $2.45bn in funding and generating $1.36bn in revenue.

The Qatar Research, Development, and Innovation (QRDI) Council has completed the 10th edition of its SME Program, underscoring its commitment to advancing Qatar’s innovation and entrepreneurship landscape.

IFZA has launched its first Scale360 accelerator, a market access initiative aimed at connecting international startups with the UAE’s dynamic business ecosystem.

Dubai Chamber of Digital Economy has signed an MoU with 28DIGITAL to enhance digital cooperation and foster partnerships between entrepreneurs in Dubai and Europe.