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YourStory Gulf Edition @YSGulf

The go-to platform for startups & businesses, enabling cross-border innovation & collaboration between India & the Middle East. Email us at: gulf@yourstory.com

Joined October 2022
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  • Followers 192
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Founded in 2018, @QXLabAI aims to create transformative generative AI solutions that cater to diverse global needs. They are empowering users in over 100 languages, including 12 Indian languages & Arabic. by @poojamalik01 yourstory.com/ys-gulf/how-qx….

How QX Lab AI is empowering local communities overcome language barriers

Founded in 2018, QX Lab aims to create transformative generative AI solutions that cater to diverse global needs. It currently has over 14 million users.

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The Dubai Chamber of Digital Economy has launched the Business in Dubai programme, aimed at attracting and supporting digital-focused startups in the emirate's pursuit of becoming a digital economy powerhouse. yourstory.com/ys-gulf/dubai-…

Dubai launches platform to woo and support digital startups

The initiative aligns with the Dubai Chamber's initiative to foster a conducive business environment for digital companies to thrive and contribute to the Dubai Economic Agenda.

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#AbuDhabi will offer 100 investment opportunities, totalling $33.5 billion, by 2027, under the Abu Dhabi Channel Partners programme. Read more at: yourstory.com/ys-gulf/abu-dh…

Abu Dhabi to offer 100 investment opportunities worth $33.5B

The Abu Dhabi Channel Partners programme aims to improve the industrial ecosystem by offering detailed investment guides and tailored incentives to key players and investors.

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Dubai Chamber of Commerce and @noon partnered to host a webinar to educate local #SMEs on the benefits of developing an online presence. Read more at: yourstory.com/ys-gulf/dubai-…

Dubai Chamber of Commerce partners with Noon to bolster SMEs

By the end of 2024, the Dubai International Chamber plans to enable 100 companies in Dubai to expand their operations globally, the CEO announced.

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UAE-based tech company Yango Deli Tech has announced its entry into the Indian market. #UAE #YangoDeliTech Read more at: yourstory.com/ys-gulf/global…

Global Tech Company ‘Yango Tech’ announces its entry in the Indian Market

With this expansion, the company will offer retail technology solutions to retailers and ecommerce companies.

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Microsoft Arabia and KEYSS Project have partnered to accelerate the digital transformation of startups and SMEs across the kingdom and foster innovation in line with Saudi Vision 2030. Read more at: yourstory.com/ys-gulf/micros…

Microsoft Arabia, KEYSS Project partner to boost entrepreneurship in Saudi Arabia

The KEYSS project, founded by Sarah Mohammad Ghaleb in 2011, is a Saudi women-led initiative that aims to empower Saudi youth by helping them find their purpose and supporting them to learn and...

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.@ikigai_tech has secured $25 million in a Series A #funding round led by E& Capital, Premji Invest, and @FoundationCap. yourstory.com/ys-gulf/ikigai…

Ikigai Labs bags $25M in Series A round from E& Capital, others

Founded by Devavrat Shah and Vinayak Ramesh in 2019, Ikigai Labs offers a no-code platform based on proprietary graphical models for forecasting, sparse data matching, and optimisation.

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Qatar National Bank (@QNBGroup) has opened its second branch in Saudi Arabia to strengthen its regional presence. yourstory.com/ys-gulf/qatars…

Qatar’s QNB expands operations in Saudi Arabia

The new branch aims to meet the financial needs of its growing Saudi customer base. It is part of the Qatari lender's regional expansion strategy.

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The UAE's Office for #AI, Digital Economy and Remote Work Applications and MasterCard have signed a #MoU to boost the region's AI capabilities and readiness. Here's more🔗 yourstory.com/ys-gulf/master…

Mastercard partners with UAE govt to boost AI adoption in the region

Mastercard's new Dubai centre will also support a new innovation hub. As part of this programme, governments and businesses from across the region will collaborate on new initiatives in support of...

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Qatar Investment Authority (#QIA) has invested Rs 8,278 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries. @reliancegroup #qatarinvestmentauthority #qatar Read more🔗yourstory.com/ys-gulf/qatar-…

QIA invests $1B in Reliance Retail at $100B valuation

QIA's investment into Isha Ambani-led Reliance Retail comes as the Qatari fund is looking to double down its investment in the fast-growing Indian economy.

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Dubai International Chambers, a faction under Dubai Chambers, inaugurated a new international office in Sydney, Australia. yourstory.com/ys-gulf/dubai-…

Dubai Chambers inaugurates Sydney office, partners with Australian counterpart

The new office opening aligns with the Chamber's strategic objective to expand business opportunities in key global markets.

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Belgium-based @Deliverect , which integrates online orders for restaurants, has acquired @chatfood_io . yourstory.com/ys-gulf/belgiu…

Belgium's Deliveract acquires UAE’s ChatFood

Deliverect integrates online orders for restaurants, while ChatFood provides order and pay-at-the-table, loyalty, and social media ordering solutions.

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UAE-based #fintech startup Twig Solutions has raised undisclosed funding in its pre-seed round from Phoenician VC, Soul Ventures, MMK Capital, regional, family offices, and angel investors. yourstory.com/ys-gulf/twig-r…

UAE fintech Twig raises undisclosed pre-seed funding

Twig, the UAE-based fintech startup, will use the funds for expansion and promotion of financial wellness across the region.

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Abu Dhabi-based @OurCrowd Arabia signed an MoU last week with Mohammed Bin Zayed University of Artificial Intelligence (MBZUAI), #AbuDhabi. yourstory.com/ys-gulf/mbzuai…

MBZUAI, OurCrowd Arabia collaborate to foster AI advancement in UAE

The cooperation will support the expansion and development of Abu Dhabi's AI technology ecosystem, establishing the emirate as a global hub for AI innovation and opening doors for local talent.

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Abu Dhabi Agriculture and Food Safety Authority is collaborating with Hub71, Abu Dhabi's global tech ecosystem. Here’s what they are trying to implement! yourstory.com/ys-gulf/hub71-…

Abu Dhabi Agriculture and Food Safety Authority and Hub71 to collaborate for agritech innovation

The partnership aims to create a collaborative environment for stakeholders in the agritech sector and encourage innovation.

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Cryptocurrency exchange #MaskEX has received initial approval from Dubai's Virtual Asset Regulatory Authority (VARA) to start operating in the UAE. @MaskEXGlobal yourstory.com/ys-gulf/dubais…

Cryptocurrency exchange MaskEX gets initial approval to start operations in UAE

Approval has been granted for services and activities such as exchange, lending and borrowing, broker-dealer services, virtual asset management, and investment services.

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UAE-based #B2B ecommerce platform @eighty6software raised $3.7 million in a seed #funding round. yourstory.com/ys-gulf/b2b-e-…

B2B e-commerce Eighty6 raises $3.7 million in Seed round

Eighty6 will use the newly raised funds to enhance the B2B platform's performance and expansion of operations in Saudi Arabia, Kuwait, and within the UAE.

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The Abu Dhabi Department of Economic Development (ADDED) has collaborated with Wio Bank to help small and medium enterprises (SMEs) manage their finances, payments, and overall business operations. @AbuDhabiDED @WioBank yourstory.com/ys-gulf/added-…

ADDED, Wio Bank partner to support SME growth

The partnership will fast-track the corporate account opening process for SMEs to 48 hours and deliver fast and seamless banking services via Wio Business.

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Bahama-based GEM Digital Limited has increased its investment commitment to UAE-based metaverse startup @Everdome_io to $60 million. yourstory.com/ys-gulf/gem-ra…

GEM raises investment commitment in Everdome metaverse to $60 MN

Everdome had secured an investment of $10 million in August last year.

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The Department of Culture and Tourism Abu Dhabi (@dctabudhabi) has launched a $100 million Culinary Investment Fund to facilitate the entry of global restaurant brands to Abu Dhabi. yourstory.com/ys-gulf/dct-ab…

Abu Dhabi launches $100M Culinary Investment Fund to facilitate the entry of global restaurant...

The newly launched fund is expected to elevate the overall culinary scene by co-investing with local asset partners and incentivising prominent chefs, restaurants, and culinary educational institut...

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