UAE Phoenix Group now on FTSE ADX 15 Islamic Index

UAE Phoenix Group now on FTSE ADX 15 Islamic Index

UAE Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange (ADX: PHX) has announced its inclusion in the newly-launched FTSE ADX 15 Islamic Index (FADXI... Details
UAE Quantix Capital invests $1 million in Tezos blockchain TZPAC

UAE Quantix Capital invests $1 million in Tezos blockchain TZPAC

UAE Venture Capital firm, Quantix Capital has invested one million dollars in Tezos, through its Singapore adoption hub TZ APAC, with the aim of boosting... Details
Saudi Web3 blockchain fund invests in Tharawat Green Exchange

Saudi Web3 blockchain fund invests in Tharawat Green Exchange

Adaverse, Cardano Web3 and blockchain fund in Saudi Arabia, has invested in KSA based Blockchain enabled TGE (Tharawat Green Exchange), a startup leveraging Web3 technology... Details
Aurum Equity Partners $1 billion tokenized fund to invest in datacenters in UAE and KSA

Aurum Equity Partners $1 billion tokenized fund to invest in datacenters in UAE and KSA

Aurum Equity Partners, a private equity firm, has launched a combined equity and debt tokenized $1B fund, utilizing Zoniqx’s asset real world tokenization solutions and... Details
The GCC Startups Conundrum: Why Isn't It Taking Off?

The GCC Startups Conundrum: Why Isn’t It Taking Off?

In 2020, as the world grappled with the pandemic, I spent my time analyzing the startup ecosystem in the Middle East, with a particular focus... Details
The National Bank of Bahrain launches first Bitcoin Linked structured investment in GCC

The National Bank of Bahrain launches first Bitcoin Linked structured investment in GCC

The National Bank of Bahrain (NBB) has launched the GCC’s first Bitcoin-linked Structured Investment, in partnership with ARP Digital which provides crypto investment products and services such... Details
DMCC in Dubai and CV VC in Switzerland join hands to spur Web3 ecosystem

DMCC in Dubai and CV VC in Switzerland join hands to spur Web3 ecosystem

DMCC free zone and Government of Dubai Authority on commodities trade and enterprise – and CV VC, one of Switzerland’s leading early-stage blockchain venture capital... Details
UAE Cypher Capital participates in $12 million round for AI and XR Social Nexus

UAE Cypher Capital participates in $12 million round for AI and XR Social Nexus

UAE based Cypher Capital multi-strategy crypto investment firm, participated in a $12 million private funding round for SecondLive, an  AI and XR Social Nexus. This... Details
UAE AI and Blockchain climate tech startup raises $3 million

UAE AI and Blockchain climate tech startup raises $3 million

UAE based AI and Blockchain enabled Coral, climate tech startup specializing in carbon emission management and offsetting solutions, has secured $3 million in funding in... Details
Rain and Bahrain launched pad backed by Sovereign Wealth fund to support MENA startups

Rain and Bahrain launched pad backed by Sovereign Wealth fund to support MENA startups

Bahrain and UAE based Rain crypto trading platform has partnered with Spring Studio's launchpad, backed by the Sovereign wealth fund of Bahrain, Al Waha Fund... Details