UAE Attracts $45.6B In Foreign Investment, Targets $354B by 2031
The UAE pulled in a record $45.6 billion in foreign direct investment in 2024, jumping from 13th to 10th place in global rankings. The figure…
UAE Pours Billions Into African Technology: A New Era of Digital Partnership
The United Arab Emirates has become Africa’s biggest technology investor. This is changing how African countries build their digital…
Saudi Arabia’s Humain Plans $10B Global Venture Capital Fund to Rival Silicon Valley Giants
The geopolitical landscape could also present obstacles. Trade tensions, regulatory changes, or diplomatic conflicts could complicate…
Construct Capital Secures $300M Fund to Drive Innovation in Defense and Manufacturing Tech
Washington D.C.-based venture firm Construct Capital has just closed a $300 million fund to back groundbreaking innovations in defense,…
LoftyInc Capital and Middle East Investors Join Forces to Scale African Tech with $43M Alpha Fund
LoftyInc Capital Management has announced the first close of its $43 million LoftyInc Alpha Fund, a late-seed investment vehicle designed to…
Anthropic’s $3.5B Funding Boost: A Leap Toward AI Supremacy
In a groundbreaking move, AI startup Anthropic has secured a staggering $3.5 billion in a Series E funding round, catapulting its post-money…
Tony Elumelu Secures $6M UAE Partnership to Fund African Startups, Accompanied by TEF CEO Somachi Chris-Asoluka
Tony Elumelu, one of Africa’s most influential business leaders, has secured a $6 million partnership between the Tony Elumelu Foundation…
OpenAI’s Sam Altman to Visit Abu Dhabi for MGX Fundraising Talks
OpenAI CEO Sam Altman is set to visit Abu Dhabi this week for fundraising discussions with MGX, an investment group backed by the UAE’s…
Web Summit Qatar 2025: The Tech Event You Can’t Afford to Miss!
From February 23 – 26 2025, the city of Doha will once again host one of the world’s most prestigious technology events, ‘Web Summit…
Abu Dhabi’s Quantix Secures Dh1.8 Billion Fintech Deal: Transforming Financial Inclusion for Consumers
In a landmark development for the fintech sector, Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured a massive Dh1.8…