Aethir and Blockchain Center Abu Dhabi partner for $100 million ecosystem fund
Aethir ,enterprise-grade GPU-as-a-service platform on the market, capable of supporting AI and gaming companies of all types and sizes with reliable, secure, and highly scalable...
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Beam launches $150 million Web3 gaming fund in UAE
The Beam Foundation has launched Beam Ventures in Abu Dhabi, the first venture fund focused exclusively on Web3 gaming from ADGM. The $150 million gaming...
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Adaverse invests in Saudi sports tech company Grintafy
Adaverse, Saudi based ecosystem accelerator and seed fund, has made a strategic investment in Grintafy, the Middle East's premier football sports tech company to support...
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ABO Digital invests $5 million in UAE Blockchain enabled Binary Holdings
ABO Digital, a digital asset investment firm has invested $5 million in UAE based The Binary Holdings, a UAE-based technology powerhouse valued at $16.9 billion....
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UAE Shorooq offers $8 million to startups at 1 Billion Followers Summit
The 1 Billion Followers Summit, the world’s first and largest content-focused event, has partnered with UAE Shorooq a venture capitalist firm to contributed 30 million...
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Bahrain based Singapore Gulf Bank to raise $50 million for stablecoin payment entity
Singapore Gulf Bank, a subsidiary of Whampoa Group, with a license in Bahrain, is in talks with a Middle East sovereign wealth fund to raise...
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DMCC and Bybit announce 5 blockchain startup winners for Web3 hackathon
DMCC, the Dubai Multi Commodities Center and the global crypto exchange Bybit, concluded their second edition of the Middle East’s largest Web3 hackathon focused on...
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Future Fund Oman supports Blockchain startup Nashid
Future Fund Oman (FFO), an investment initiative under Oman Investment Authority (OIA), announced its first batch of approved investment projects which included a Blockchain startup,...
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UAE based Shipfinex raises $1.5 million in seed round
Shipfinex, which recently received preliminary approval from Dubai's Virtual Assets Regulatory Authority, has secured $1.5 million in seed funding, led by Mr. Gaurav Mehta, Chairman...
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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...
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