For Marn, the latest funding deal comes close on the heels of it striking a partnership deal with international hospitality major Ritz-Carlton for sourcing of employees
tech start-up
Latest in tech start-up
Ibtikar
Palestinian VC firm Ibtikar Fund announces initial closing of its second fund at $15m
With the Palestinian start-up scene still at its infancy, Ibtikar Fund II CV will play a key role in supporting Palestinian tech start-ups and entrepreneurs both locally and globally
business funding
UAE-backed wellness tracker Vivoo raises $6m in Series A fundraising
International venture firm Global Ventures supported funding round, which was led by Draper Associates
Dubai freezones
Why talent is the ‘bread and butter’ of the future
Developing the MENA region’s tech-talent not only fosters the growth of the start-up ecosystem but also creates opportunities for its youth to contribute to global technology developments, said the MD of Dubai Internet City
digital age
How can entrepreneurs succeed in the Digital Age?
A decade ago, technology was for cost reduction, efficiency and increasing sales. Today technology plays a way bigger role for a start-up or business
DIFC Innovation Hub
Why Dubai is set to become a ‘flourishing’ fintech hub
Emirate’s innovative and open regulators are key in supporting sector growth, according to Stake CTO
acquisitions
Dubai’s Swvl to expand into Europe, Latin America, and Asia-Pacific via Shotl acquisition
Acquisition will accelerate Swvl’s entry into Europe a year ahead of schedule and will more than double its footprint in 10 additional countries
business opportunity
Why the Gulf market is the new favourite for Indian start-ups
For an Indian start-up, expanding in the Middle East makes more sense as the region gives access to a much larger global territory and helps in generating better revenue
Abu Dhabi Investment Office
Hub71 and ADIO ink partnership to support early stage start-ups
The start-up incubator Hub71 has signed over 100 start-ups to its program, and it has raised more than $50 million in capital since its 2019 launch
flexible employee
Saudi labour market start-up Marn closes first funding deal
Riyadh Angel Investors (RAI), Sukna Ventures and Vision Ventures are among the investors who have participated in this round
Boksha.com
Emirati founded start-up Boksha locks in $1 million seed funding
UAE-based tech start-up Boksha is an online marketplace for independent fashion designers from the region
AB In Focus
AB Talks: Jon Oringer, Founder of Shutterstock and now Co-Founder of Pareto Holdings
In this edition of AB Talks, Arabian Business will sit down with Jon Oringer, the founder of Shutterstock and now co-founder of Pareto Holdings, a new venture that funds, incubates and then launches tech projects and companies from its headquarters in Miami, Florida.
food delivery business
First Saudi tech start-up that could go public picks HSBC for IPO
Jahez International Company for Information Technology picked HSBC Saudi Arabia as the sole financial adviser and global coordinator for its potential IPO on Nomu
AB In Focus
Arabian Business Talks exclusive: Jon Oringer webinar
Registration is now open for this one-on-one conversation with the founder of Shutterstock and the co-founder of Pareto Holdings on tech, entrepreneurship and his hunt for the next billion-dollar idea
Nama Ventures
Saudi-focused VC Nama Ventures to invest in tech start-ups in kingdom, MENA region
The nearly $27 million fund will be raised from high-net-worth-individuals, family offices, and institutional investors and will support pre-seed and seed-stage start-ups in the Middle East and North Africa, with a focus on those in Saudi Arabia
Block 7 Innovation Hub
Innovation hub in Abu Dhabi to act as launchpad for tech start-ups
Block 7 Innovation Hub to be developed in the heart of the Industrial City of Abu Dhabi
start-up ventures
Why the UAE start-up ecosystem is a global magnet for entrepreneurs
Techstars partnership with Hub71 alone have seen close to 20 tech start-up ventures setup shops in Abu Dhabi in recent years