Oman has launched a new technology-focused venture capital fund with an initial investment of $200 million to support emerging technology enterprises in the Sultanate and the wider region, a report said.
Set up by Oman Investment
The latest round of the Turn8 initiative, a venture fund comprising of a growth accelerator programme for start-up companies complemented by a follow-on investment fund, recently brought eight promising candidates and business investors together
GEMS Education has launched the Arab Innovation Centre for Education (AICE) Accelerator programme, an initiative supporting school students in the UAE in their efforts to create their own start-ups.
The programme, which is the fir
Dubai offers the ideal gateway to the UAE, as an attractive test-bed market for tech products and services, and to surrounding regional markets due to its position as a trade and telecom connectivity hub, said an industry expert.
Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is set to launch a new initiative, Rowad Al Seyaha, which has been designed to offer Emirati entrepreneurs, both experienced and aspiring, the chance to develop their ideas for potential
The venture capital market in the GCC has gained momentum in the last 12 months, boosted by a much deeper start-up ecosystem, government and private initiatives and increased attention from international investors, said an industry expert.
Qatar Development Bank (QDB) has launched a direct equity investment (Istithmar) scheme to support Qatari entrepreneurs as well as small and medium-sized enterprises (SMEs), a report said.
QDB also announced a QR365 million ($100.
Oasis500, a leading seed stage investment and business accelerator, and the first of its kind in Jordan and the Mena region, recently invested in seven additional start-ups in the latest round of acceleration.
The selected start-u
Flat6Labs Abu Dhabi, a global digital innovation hub supporting entrepreneurs, introduced seven new start-up companies from its accelerator programme, which is supported by media company twofour54.
The launch was held during Flat6
Jeddah-based Flat6Labs, a start-up accelerator programme, introduced a line-up of 10 Saudi technology-enabled start-ups at its third Demo Day event.
Supported by IKEA and the Arabian Cement’s Corporate Entrepreneurship Respo