GCC Business News

Hub71, Abu Dhabi’s global tech ecosystem, has selected 27 startups to join its Access Program as part of Cohort 18, following a record 2,453 applications from 112 countries.

The selected startups have raised an average of $8.4 million (AED 31.2 million), with total funding of nearly $230 million (AED 844.7 million), reflecting the calibre and market re...

Saudi Arabia’s Ministry of Health’s Ada’a Health Center has been awarded a global recognition certificate by Sterling International, the Baldrige Alliance’s international partner.

The award acknowledges the center’s achievements in institutional excellence, continuous improvement, and enhanced organizational performance.

This achievement makes t...

The Mohammed Bin Rashid Innovation Fund (MBRIF) has signed a partnership agreement with Numou to broaden financing access for innovative businesses backed by the fund.

The collaboration also aims to strengthen support for startups and high-potential companies across the UAE.

MBRIF is an initiative launched by the Ministry of Finance to support t...

The Dubai Department of Economy and Tourism (DET) has launched ‘SME in a Box,’ a platform designed to support entrepreneurs in establishing and operating businesses in Dubai through a consolidated access point for key services.

The platform brings together services such as licensing support, banking, digital payments, logistics, ...

Qatar Central Bank (QCB) has announced the expansion of acceptance of its national payment card ‘HIMYAN’ in the Kingdom of Bahrain to develop digital payment systems and support financial integration among GCC countries.

The initiative aligns with the Third Financial Sector Strategy and QCB’s broader mandate to develop secure and...