Press Releases and News Stories

Press Releases and News Stories

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  • The announcement was made during a special signing ceremony at Abu Dhabi Media's headquarters.
  • According to World Economic Forum's latest report, 20 per cent of Arab world's 100 most promising startups are based in the UAE.
  • Uber Technologies has agreed to buy Careem in a $3.1 billion (Dh11.39bn) deal that will allow the Dubai ride-hailing technology platform to remain independent. This is the largest technology sector tr ...
  • Startup and operational costs for a tech business in UAE is very high compared to elsewhere in the world, according to a new entrepreneurial survey. The "Tech Entrepreneurship Ecosystem in the UAE Stu ...
  • UAE a top hub for fintech startups

    05 Feb 2019 Khaleej Times
    More funding, govt support to drive strong growth in fintech startups this year. The UAE is home to the highest number of fintech startups at 67 followed by 44 in Turkey, 30 each in Jordan and Lebanon
  • 2018 saw a record number of 366 startup deals take place across MENA, amounting to US$893m of total investment.

  • Dubai: The UAE has opened a new accelerator programme for entrepreneurs with a private-public partnership — Mohammad Bin Rashid Innovation Fund Accelerator — aimed at supporting innovators locally and ...
  • The decision aims to maintain the position of the UAE as an optimal business environment. The UAE Cabinet approved long-term visa system for investors, entrepreneurs, specialised talents and researche ...
  • UAE's challenge for space startups

    24 Sep 2018 Sarwat Nasir
    Startup space technology firms around the world are being encouraged to take part in an innovation challenge being organised by the UAE's space centre. Participants will be required to present technol ...
  • The UAE has improved its standing in the 2017 Global Innovation Index, topping all Arab countries and ranking 35th globally to cement its status as one of the world’s most innovative countries.

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