UAE tech startups raised a record $872m in Q1 2025, an 865%year-on-year increase, according to Tracxn’s latest UAE Tech Funding Report.

The UAE-based AI startup AIREV has secured investment from Irish private equity firm Venturewave Capital to accelerate the global rollout of ‘On-Demand’, a pioneering AI operating system that currently has 60,000 users.

Dubai is preparing to host the 2025 edition of the Dubai AI Festival, reaffirming its status as a global hub for AI and emerging technologies.

The UAE has secured the top spot in the Global Entrepreneurship Monitor Report 2025, marking its fourth consecutive year as the leading nation for entrepreneurship.

UAE-based data analytics firm Presight has signed a Memorandum of Understanding (MoU) with Microsoft to enhance its AI startup accelerator. As part of the partnership, Microsoft will help equip startups with cloud services, AI tools, and technical guidance.

Abu Dhabi is set to welcome over 25,000 participants at AIM Congress 2025. This is the 14th edition of the congress and will take place from 7 to 9 April 2025 at the Abu Dhabi National Exhibition Centre (ADNEC).

UAE-based payment solutions provider enza has raised $6.75m in a seed equity funding round co-led by Algebra Ventures and Quona Capital.

Dubai now ranks among the top five cities worldwide for fintech thanks for its rapid transformation driven by the Dubai International Financial Centre (DIFC) over the past two decades. The city was also classified as one of just eight global leaders with ‘broad and deep’ capabilities across all finance industry sectors.

A new partnership seeks to offer integrated mobile, fixed, and ICT solutions alongside tailored financial packages to enhance efficiency and growth for SMEs in Oman.