Abu Dhabi’s Hub71 startups secure $2.45bn in funding
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.
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Qatar concludes 10th edition of SME Program
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.
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Dubai Financial Market posts 212% profit surge
Dubai Financial Market (DFM) has reported a 212% increase in net profit before tax to $253m for the first nine months of 2025, reflecting strong trading activity and continued expansion of Dubai’s capital markets. The results underscore Dubai’s growing status as a leading global financial hub, supported by initiatives to enhance market liquidity, attract international
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ADGM breaks annual growth rate records
Abu Dhabi Global Market (ADGM) has recorded a 123% average annual growth rate (AAGR) in assets under management, alongside a 62% AAGR in fund activity.
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Dubai’s NIP to host $15m solar-powered auto hub
Dubai’s National Industries Park (NIP) will soon host one of the region’s largest automotive refurbishment centres under a $15m partnership with Cars24.
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PIF assets triple as fund nears $1tr target
Public Investment Fund (PIF) assets have nearly tripled over the past decade as the Saudi sovereign wealth fund moves closer to its $1tr target by the end of this year.
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IFZA launches accelerator to attract global startups
IFZA has launched its first Scale360 accelerator, a market access initiative aimed at connecting international startups with the UAE’s dynamic business ecosystem.
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Dubai Chamber boosts digital collaboration with Europe
Dubai Chamber of Digital Economy has signed an MoU with 28DIGITAL to enhance digital cooperation and foster partnerships between entrepreneurs in Dubai and Europe.
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flowork expands to Vision Tower, Business Bay this November
Dubai, UAE – October 29, 2025 – flowork, one of the UAE’s fastest-growing flexible workspace brands, will celebrate its first anniversary with a major expansion into Vision Tower in Business Bay this November. The move builds on exceptional demand at its first location in Dubai Hills, which reached full occupancy within six months of launch
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BRKZ secures $30m to support Saudi construction
BRKZ, a leading B2B managed marketplace for building materials in Saudi Arabia, has raised up to $30m in growth debt from Stride Ventures. The announcement follows previous equity rounds that raised $22.5m.