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Friday, December 19, 2025

What Are You Looking For?

AgriTech AI AirTech All News Apple Artificial Intelligence AviationTech B2B BeautyTech Blockchain

Recent

35+ Mac apps – build your own bundle from $2.50
Issue Subscribed 5% On Day 1 So Far
Lehar Footwears announced H1FY26 and Q2FY26 results, Reports Strong Revenue and PAT Growth
Grab to invest $60m in Vay’s remote-driven EV service
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What Are You Looking For?

AgriTech AI AirTech All News Apple Artificial Intelligence AviationTech B2B BeautyTech Blockchain

Recent

35+ Mac apps – build your own bundle from $2.50
Issue Subscribed 5% On Day 1 So Far
Lehar Footwears announced H1FY26 and Q2FY26 results, Reports Strong Revenue and PAT Growth
Grab to invest $60m in Vay’s remote-driven EV service
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B2B tech platform Grinta raised $8 million in SEED co-led by Raed Ventures and Nclude

Cairo-based Fintech-enabled B2B tech platform Grinta raised $8 million in SEED co-led by Raed Ventures and Nclude where other investors include Silicon Valley-based Endeavor Catalyst and 500 Global also participated.

Grinta is a managed marketplace that empowers independent pharmacies to modernise the pharmaceutical supply chain. Grinta is collaborating with all value chain stakeholders, including manufacturers, distributors, wholesalers, and pharmacies, to create a data-driven, dependable, and efficient pharmaceutical supply chain. The investment will be directed toward scaling Grinta’s full-stack tech platform, expanding the team, and accelerating growth across the Egyptian market by the Fintech-enabled B2B tech platform digitising the pharmaceutical supply chain.

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Dubai AI & Web3 Festival & Trescon Launch FutureTech World Cup to Support Global Start-ups
by Team SNFYI

The first Qualifier round of FutureTech World Cup, one of the new initiatives launched by Dubai AI & Web3 Festival & Trescon to recognise and support the most promising emerging tech start-ups from around the world, was hosted successfully by the Dubai AI Campus on July 10, 2024. Ten pre-qualified global startups pitched their groundbreaking ideas to a panel of five esteemed jury members with three startups – Momint, Nettle and Orbii – advancing to the grand finale set to be held during the Dubai AI & Web3 Festival on September 11 & 12, 2024. “The competition provides a platform for innovators to showcase ideas, gain exposure, connect with stakeholders, collaborate with peers, and access capital, while also driving advancements in AI, Web3, and global digital economies.”, said Naveen Bharadwaj, Group CEO, Trescon. The distinguished panel of jury for the first qualifier included: Serial Angel Investor & Chairman of Trescon, Mohammed Saleem said, “The FutureTech World Cup is designed to celebrate and elevate those who dare to believe they can transform the world of AI and Web3. Our goal is to support competent startups and founders from around the world with access to connections and investments that will help scale their businesses while ensuring they are solving real-world challenges”. All start-ups qualifying to the grand finale are offered fully sponsored Start-up Pods at the Dubai AI & Web3 Festival and the penultimate winner receives fully sponsored one-year Dubai AI Campus License, Trescon credits worth USD 10,000 to be used for future events, access to mentorship by the Jury members, and networking opportunities with the industry’s finest, in addition to the coveted title of ‘FutureTech World Cup Champion’, which will help elevate their start-up’s overall journey. The second qualifier round is expected to take place in August and the pre-qualification has already begun. Interested startups can apply for free on https://dubaiaiweb3festival.com/future-tech-world-cup/ About FutureTech World Cup The FutureTech World Cup marks a pioneering endeavour to reshape the world of AI & Web3. This event kicks off with a qualifier round, spotlighting start-ups from around the globe. Held in partnership with leading organisations, these competitions provide a launching pad for revolutionary AI and Web3 concepts. Standout start-ups advance to the grand finale hosted at the Dubai AI & Web3 Festival. Here, global investors, venture capitalists, angel investors, and the finest minds in AI and Web3 gather to witness start-ups pitch groundbreaking ideas and compete for multiple investment funds. More than just a competition, the FutureTech World Cup cultivates connections, propels innovation, and fuels the future of AI and Web3. Join us at the Dubai AI & Web3 Festival to inspire, challenge, and connect with the future of technology. Website: FutureTech World Cup

All NewsMENA
Abu Dhabi has fastest-growing startup ecosystem in MENA as entrepreneurs look for funding, golden visas and support
by Team SNFYI

Abu Dhabi has ranked as the fastest-growing emerging ecosystem in the Middle East and North Africa (MENA) region, marking a 28 per cent growth in ecosystem value in the 2024 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network, launched during London Tech Week. GSER, which uses the world’s most quality-controlled dataset on startup ecosystems, analyses data from more than 4.5m companies across more than 300 entrepreneurial innovation ecosystems. It provides compelling new insights and deep knowledge about startup trends around the world and ranks the Top 40 global ecosystems, emerging ecosystems, and an expanded regional ranking. Abu Dhabi startups As part of Startup Genome’s analysis of the UAE’s capital city, including the growing startup activity at Hub71, Abu Dhabi’s global technology ecosystem, GSER 2024 found that Abu Dhabi continues to be the fastest-growing emerging ecosystem in the MENA region. The ecosystem created $4.2bn in Ecosystem Value from July 1, 2021 to December 31, 2023, representing 28 per cent compound annual growth compared to July 1, 2019 to December 31, 2021 period. Ecosystem Value is a measure of economic impact, calculated as the value of exits and startup valuations. Abu Dhabi’s ranking jumped 15 spots compared to the previous year, landing in the 61-70 group and Total Early-Stage Funding between July 1, 2021 and December 31, 2023 is $284m and total VC Funding for 2019-2023 is $1.06bn. In addition, Abu Dhabi was ranked: Other ranks attained by the emirate include posting within the Top 10 MENA Ecosystem in Knowledge, which measures innovation through research and patent activity, within the Top 15 MENA Ecosystem in Bang for Buck, which measures the amount of runway tech startups acquire, on average, from a VC round, within the Top 15 MENA Ecosystem in Affordable Talent, which measures the ability to hire tech talent. It was also highlighted in the FinTech, AgTech and New Food, and ClimateTech sectors for their density of talent, support resources, and startup activity. Also spotlighted were the Golden Visa and Abu Dhabi’s strategic location, which were cited as reasons a startup should move to the ecosystem. Ahmad Ali Alwan, CEO of Hub71, said: “Abu Dhabi’s rise as a leading startup ecosystem in the region is a testament to the opportunities it offers entrepreneurs worldwide. “Its favorable environment creates the funding and commercial prospects and establishes the foundation for startups to scale. This is exemplified through Hub71 which has seen its startup community grow over the past five years as more startups identify Abu Dhabi as a launchpad for their global expansion. “As the Startup Genome report shows, Hub71 is fulfilling the vision of our leadership to maximize the potential of disruptive ventures that are transforming society with impact.” The report highlights Abu Dhabi’s key ecosystem players including Abu Dhabi Global Market (ADGM), Mubadala Investment Company, ADQ, the Abu Dhabi Investment Office (ADIO), startAD, and Abu Dhabi Department of Economic Development (ADDED), which are contributing to a favourable operating and regulatory environment and offering unique incentives, such as 100 per …

EventMENA
COMEX 2024 Features 24 Elements
by Team SNFYI

The Arabian Research Bureau is pleased to announce that COMEX 2024 – Global Technology Show, the leading technology exhibition of the year in the Sultanate of Oman will feature 24 Elements. For the previous 32 Editions, COMEX has been offering a platform for individuals, businesses, investors, and government bodies and organizations to present their products, innovations that help explore and discuss solutions in the world of tech. The 33rd Edition of COMEX 2024 is organized under the support of the Ministry of Transport, Communication and Information Technology, and is set to take place during the period from 27-30 May 2024, at Oman Convention and Exhibition Center. The event aims to create a convergence point for tech enthusiasts, startups, innovators, industry experts, investors, and visionaries, offering visitors, participants and exhibitors an opportunity to explore, network, and learn about the latest trends and advances in technological development.  The exhibition also highlights cutting-edge and diverse solutions in technology, including artificial intelligence, digital transformation, cybersecurity, Programming, blockchain technology and electronic and digital knowhow of all kinds. Furthermore, COMEX 2024 seeks to facilitate the efforts of digital transformation, technological development and diversification of investment in technology, knowledge and innovation in the Sultanate of Oman.  Keeping abreast of the accelerated global developments of advanced technologies and the role of technology in the development of capabilities, skills and productivity and its importance in supporting the national economy, COMEX will receive wide participation from various government agencies and regional and international tech companies. COMEX 2024 aims at showcasing 24 different elements and offers a diverse selection of activities and zones that include the Banking, Fintech and InsureTech Zone, which discusses innovative solutions in the advancement of digital banking, cryptocurrency, digital wallets and much more. The 2nd Digital Government Forum provides valuable insights from keynote speakers and panel discussions featuring top experts from around the GCC, sharing their vision for the future of technology. The COMEX VIP Majlis, which connects industry leaders, potential partners, and like-minded individuals to foster collaboration and innovation in a private zone. The Tech Startup Zone, which promotes new tech companies, as well as provide a platform where emerging startups will pitch their groundbreaking ideas and solutions, and investors are able to scout for promising innovations. The COMEX exhibition also includes the VIP B2B Buyers and Meeting Zone for businesses looking to invest, collaborate and grow; offering a unique opportunity to capture promising opportunities in the tech sector. The COMEX Workshops, which help to expand knowledge and skills through interactive workshops and training sessions conducted by industry leaders. Drones, Future Mobility, EV, Renewable and Sustainable Energy Zone, a special zone for companies to promote the latest technology in renewable and sustainable energy. As well as several additional features like COMEX Hackathon, Gaming and Esports, Talks and much more.   COMEX 2024 is a groundbreaking exhibition that promises to be an extraordinary showcase of innovation, technology, and cutting-edge solutions. Do not miss the opportunity to be part of Oman’s most prestigious tech event.

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