Author: Arabian Media staff
TechCrunch is joining forces with VivaTech, Europe’s biggest startup and tech event, to select startups for the prestigious VivaTech Innovation of the Year at VivaTech 2025. This partnership will highlight exceptional creativity, technological ingenuity, and industry-transforming potential among exhibiting startups. The VivaTech Innovation of the Year Award acknowledges and celebrates exhibiting startups at VivaTech 2025 that showcase outstanding innovation, advanced technological capabilities, and significant potential to revolutionize their respective industry. TechCrunch will curate a shortlist of the top 30 candidates, appoint a jury member to help select the final top 5, and participate on stage at VivaTech on June 11…
Dubai has seen an increasing number of professionals exploring the opportunity to start their own businesses while maintaining full-time employment. However, according to legal experts, this dual path comes with legal complexities and that require careful navigation. “The entrepreneurial landscape in Dubai is incredibly vibrant, but there’s a critical need for employees to understand the legal framework before embarking on their business ventures,” explained Derek Robbins, Associate at BSA Global in an exclusive interview with Arabian Business. Robbins highlighted the presence of intricate legal considerations that aspiring entrepreneurs must consider while maintaining their primary employment. A recent report by the…
The White House was shy on details about the agreements, and the projects’ costs totaled less than half the number it announced. Source link
The Nuclear Company is taking an old approach to building new nuclear reactors. Rather than gin up a new design or try to mass manufacture smaller reactors, it wants to develop a series of reactors using existing designs. The two-year-old startup announced a Series A last month that included investments from CIV, Goldcrest Capital, MCJ Collective, True Ventures, and Wonder Ventures, though it did not disclose the amount raised. Now, TechCrunch can confirm that the company has secured $46.3 million in a Series A fundraise out of a targeted $51.3 million total. The details were published in an SEC filing.…
This represents an increase of 120 per cent compared to 2023, underlining Dubai’s growing appeal among entrepreneurs and startups specialising in key digital sectors. The chamber also trained 1,333 Emiratis in the fundamentals of mobile application development in 2024, achieving growth of 170 per cent compared to the previous year. Digital startups in Dubai The training was completed as part of the “Create Apps in Dubai” initiative, launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, which aims to train and qualify 1,000 Emiratis…
The Trump administration carved out an exception to its refugee ban for white South Africans. But other groups, including Afghans who helped U.S. forces during the war in their country, are being shut out. Source link
Lendo, the leading debt crowdfunding platform in Saudi Arabia, announced securing a $690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME financing in the economy, the company said. Lendo said J.P. Morgan’s facility will be strategically deployed to increase the company’s lending capacity, introduce more innovative products, and expand its SME coverage in the Kingdom. The facility is also expected to contribute to an increase in job creation in the Kingdom. “This landmark facility represents a transformative moment…
Israeli officials said the military had launched an attack targeting Muhammad Sinwar, the brother of a leader killed last year. Source link
AI-based e-commerce provider qeen.ai announced it has raised $10 million in funding, which it claims is one of the largest seed investments in the MENA region to date. The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings. This brings qeen.ai’s total funding to $12 million. The company said the seed funding will support its growth strategy by expanding the reach and capabilities of its agentic AI platform, scaling the team, and attracting a wider customer base. It said it will expand its existing fully autonomous content and marketing agents…
President Trump, on a state visit to Saudi Arabia, said he made the decision after speaking to the Saudi crown prince. The president is trying to drum up Saudi investment in the U.S. Source link