Emirates Development Bank (EDB) has launched a series of financing solutions and support initiatives aimed at boosting startups, micro businesses, and SMEs under the national campaign The Emirates: Startup Capital of the World. The programme is designed to enhance access to capital, drive innovation, and strengthen the UAE’s position as a leading global centre for
Abu Dhabi’s global tech ecosystem, Hub71, has partnered with the New Jersey Economic Development Authority (NJEDA) to create a transatlantic bridge for high-growth startups. The MoU establishes reciprocal access between the UAE and US startup ecosystems, enabling founders to expand internationally. It focuses on sectors such as AI and clean energy, strengthening strategic cooperation between
Founded in 2020, Circa Biotech is a UAE-based climate-tech startup that farms insects to recycle food waste into useful products such as animal feed, fertiliser, and materials that can be used to make sustainable aviation fuel. We spoke to founder and CEO of Circa Biotech Haythem Riahi and co-founder and COO Liudmila Prozorova about how
Dubai has been ranked among the world’s top four FinTech hubs in the latest Global Financial Centres Index (GFCI), underlining its growing global influence in financial innovation.
The UAE has set an ambitious goal to double the number of startups to more than two million and nurture at least ten unicorns by 2031.
The Abu Dhabi Chamber of Commerce and Industry has revealed youth-led businesses registered with the chamber almost doubled between 2023 and 2024.
Dara Holdings has stepped up its investments in female-led startups across the UAE, with a particular focus on addressing the gender financing gap in the region’s business ecosystem. By backing women entrepreneurs, this marks a shift in a traditionally male-dominated funding landscape.
Dubai-based aPurple, a global startup app development company, has announced the opening of its new regional office in Bur Dubai. The office will serve as a hub to support entrepreneurs and small businesses across the GCC with tailored digital solutions.
Dubai-based PropTech company PRYPCO has raised a Pre-Series A round led by US investment firm General Catalyst.
The Abu Dhabi sovereign wealth fund Mubadala has launched the National Founders Program in partnership with global early-stage investor Antler and startup ecosystem Hub71. The six-week initiative aims to transform cutting-edge university research into commercially viable startups.
Sign up for our free newsletter