Startups
Meta for MENA; SMEs receive boost in 2022
Facebook’s parent firm, Meta, has declared an initiative to underpin start-ups and small and medium-sized businesses...
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NayaPay spawns USD 13 million in a seed funding round to revolutionize the payments ecosystem in Pakistan
NayaPay, a Pakistani start-up, has procured USD 13 million in a seed funding round as the...
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Red Sea Farms collaborates with the University of Arizona; controlled-environment agriculture market to bounce to SAR 645.69 billion
Saudi start-up Red Sea Farms is brainstorming for an international release of its saltwater farming technology....
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Tribal begets USD 60 million in Series B funding round to extend itself into the Latin American market
Tribal, a payment and funding platform utilising the latest developing technologies to provide small and medium-sized...
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Engitix gains USD 54 million in private funding
Engitix and Italy-based Dompe have settled to partner up on novel treatments for liver-associated and fibrosis...
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MycoWorks seizes USD 125 million funds to launch flagship vegan leather
MycoWorks will strive to measure its manufacturing for its flagship vegan leather commodity titled Reishi
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World Defense Show to produce SAR 700 million of economic activity in Saudi
The World Defense Show will underpin 4,825 Saudi-based jobs
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Dubai tax exemptions to entice businesses and talent alike in 2022
Dubai tax exemptions leave space for monetary optimization that can assist in redirecting finances into research...
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Cerebral’s valuation quadruples to USD 4.8 billion after accumulating USD 300 million in a SoftBank funding round
Cerebral serves medication and therapy plans to treat depression, post-traumatic stress disorder, anxiety, substance abuse, and...
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PepsiCo seeks to begin a new AED 1.1 million seed accelerator program to boost MENA startups
The PepsiCo initiative will fund MENA startups to upscale their ideologies
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