Startups
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StartupsEmarat collaborates with “UAE Innovates” to provide a joint platform that enhances creativity and innovation
February 22, 2024, Dubai, United Arab Emirates: The Emirates General Petroleum Corporation (Emarat) announced its collaboration with the “UAE Innovates”…
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Startups
Sawari Ventures to launch $150 million fund to back Egyptian startups
Sawari Ventures, an investment firm, has unveiled its intentions to launch a new fund with a target investment size of…
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Startups
Merger of Nybl and Basserah Forms a Pioneering Entity in Artificial Intelligence
20th February 2024, Riyadh, Saudi Arabia: Saudi technological leaders nybl, the science-based artificial intelligence (AI) pioneer, and Basserah, a specialist…
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Startups
Cabinet Extends Exemption for Small Enterprises from Financial Obligations
The Cabinet approved on Tuesday the extension of exemption for small enterprises, employing a total of 9 workers or less,…
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Startups
Saudi Arabia exempts regional headquarters from income tax for 30 years
Saudi Arabia has initiated the implementation of exempting regional headquarters from income tax for a period of up to 30…
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Startups
MEFIC Capital launches the Saudi Film Fund with a capital of 375 million riyals
"Mevk Capital" announced the launch of the "Saudi Film Fund" with a capital of 375 million Saudi riyals, with an…
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Startups
Dubai-Based Podcast Platform Podeo Partners With Messaging Giant IMO rephrase the title
Podeo, a premier podcast platform headquartered in Dubai and serving the MENA region, has announced a significant partnership with imo,…
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FinTechStartups
Astra Tech issues over 100,000 prepaid cards in 4 months to become the largest issuer in the fintech sector
“Astra Tech,” a giant in the consumer technology sector across the Middle East and North Africa, has unveiled remarkable successes…
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Startups
Game Centric for Electronic Games Secures Investments Worth $1.6 Million
In a significant development in the world of electronic gaming, Game Centric, a leading platform facilitating interaction between brands and…
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Startups
Partek closes its second fund with €280 million to support startups in Africa
"Partech" has closed its second African fund, "Partech Africa II," at €280 million (over $300 million) within just one year…
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