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
UAE Cypher Capital invests in AI and Blockchain SxT $20 million series A round

UAE Cypher Capital invests in AI and Blockchain SxT $20 million series A round

UAE based Cypher Capital has invested in AI and Blockchain startup Space and Time (SxT) as part of the $20 million Series A funding round.SxT... Details
Five digital asset startups accepted into Abu Dhabi's Hub71 cohort

Five digital asset startups accepted into Abu Dhabi’s Hub71 cohort

Abu Dhabi Hub71 welcomed 21 new startups to its Cohort 15, among them five startups into its digital asset’s cohort. The five startups set to... Details
Oman Refining company invests in digital asset exchange SDAX

Oman Refining company invests in digital asset exchange SDAX

Oman Muscat Precious Metal Refining company has invested in SDAX, Singapore’s Digital Asset Exchange. SDAX raised $50 million Series B2 funding round led by the... Details
Adaverse invests half a million dollars in Saudi Web3 loyalty platform

Adaverse invests half a million dollars in Saudi Web3 loyalty platform

Adaverse, a Web3 venture builder, has invested half a million dollars ($500,000) as a pre-seed investment in Saudi loyalty platform, Mithu, a platform aggregator for... Details