GCC assets under management hit $2.2tr
Assets under management (AUM) across the GCC grew 9% in 2024 to $2.2tr, according to Boston Consulting Group.
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Entrepreneur
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Record entries for KSA Entrepreneurship World Cup
The Entrepreneurship World Cup 2025 has kicked off, attracting more than 10,000 projects from entrepreneurs in 169 countries. The competition spans 16 sectors including healthcare, education, ICT, agriculture and manufacturing.
Entrepreneur
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Real Estate
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UAE proptech market to triple to $1.5bn by 2030
The UAE’s proptech market is projected to grow from $0.6bn in 2024 to $1.55bn by 2030, according to Research and Markets.
Entrepreneur
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UAE-Canada partnership to boost startup expansion
iACCEL Gulf Business Incubator (iACCEL GBI) has signed an MoU with the Toronto Business Development Centre (TBDC) to create a cross-border framework supporting high-potential startups in expanding between the UAE and Canada.
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Tax Star and Wafeq partnership aids UAE tax compliance
Tax Star, the UAE’s AI-powered corporate tax automation platform, has partnered with Wafeq, a leading provider of accounting and e-invoicing software, to streamline tax compliance for SMEs.
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Startup
Money20/20 Middle East to spotlight fintech innovation
Money20/20 Middle East will take place from 15–17 September 2025 at the Riyadh Exhibition and Convention Center in Malham. Positioned as the region’s leading platform for the fintech and financial community, the event will unite global leaders in finance, policy, and technology. The conference will feature more than 350 speakers, 450+ global and regional exhibiting
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Riyadh’s Event Tech Tank connects startups with investors
Saudi Arabia has launched a new platform spotlighting innovation in the events industry. Event Tech Tank is designed as a launchpad for startups, connecting entrepreneurs with investors and venture capital funds to turn promising ideas into viable projects.
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Dubai app re-enforces position as world’s cleanest city
Dubai Municipality has unveiled ‘Eltizam’, a smart digital app enabling authorised officials with judicial officer status to monitor and document public cleanliness violations.
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Abu Dhabi is fastest-growing AI hub in MENA
Abu Dhabi’s AI sector is experiencing rapid growth, with data from the Abu Dhabi Chamber showing the emirate is home to 673 AI companies, marking a 61% increase between June 2023 and June 2024.
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Dubai to host WHX Tech 2025
Dubai will take centre stage in global digital health when WHX Tech 2025 debuts at the Dubai World Trade Centre from 8 – 10 September. The three-day event will focus on AI, women-led innovation, and real-world healthcare solutions.