Browsing: venture capital

The Abu Dhabi Global Market (ADGM) announced a 31 per cent rise in new company registrations during the first half of 2024, bringing the total number of active companies to 2,088, including 231 financial institutions.

UAE-based foodtech startup MealPlanet has successfully secured $6 million in seed funding, a significant milestone…

Dubai Chamber of Digital Economy, part of the Dubai Chambers network, announced it supported 215 high-potential digital startups in the first half of 2024. This marks a 212% increase from the 69 companies supported during the same period last year, with the total market value of these startups reaching approximately USD 7B.

US vertical farming startup Plenty is collaborating with Mawarid, a subsidiary of Alpha Dhabi Holding, in a $680M agreement to establish a network of indoor farms in the Middle East, the companies revealed to Reuters.

Global emerging markets-focused venture capital (VC) firm MSA Novo has signed an agreement with King Abdullah University of Science and Technology (KAUST) to promote innovation and entrepreneurship in Saudi Arabia.

Qatar’s Rasmal Ventures, the nation’s premier independent venture capital company, has introduced its inaugural fund, known as Rasmal Innovation Fund I.

The Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, has…

Oman Investment Authority (OIA) has introduced the ‘Future Fund Oman,’ initiating an investment of $5.2B over five years to stimulate the nation’s economic progress and entice international investors.

Explore the dynamic world of blockchain and its latest advancements at The Global Blockchain Show,…

Dubai, UAE: The 29th Edition of the World Blockchain Summit (WBS), an event by Trescon,…