Ruchi Kumar 
Dubai, UAE – Journify, a UAE-based AI-powered data activation platform, is redefining how brands across the GCC region leverage first-party data to drive measurable marketing outcomes. With an impressive 5x revenue growth and a doubled company valuation within just six months, Journify is rapidly expanding operations in Saudi Arabia, the UAE, and across the Gulf, … Read more
Dubai | July 2025 — Mashreq, a prominent financial institution in the MENA region, has announced the appointment of Xi Liang as its new Head of Artificial Intelligence. With this strategic leadership addition, the bank aims to accelerate its artificial intelligence initiatives, focusing on enhanced customer experiences, operational efficiencies, and long-term innovation. A Visionary AI … Read more
Jeddah, Saudi Arabia – July, 2025: In a strategic move to bolster Saudi Arabia’s digital and creative economy, Savvy Games Group, the Kingdom’s national champion for games and esports, has signed a Memorandum of Understanding (MoU) with King Abdulaziz University (KAU). This landmark partnership aims to introduce two specialized diploma programs in Games Production and … Read more
Knot.dating, India’s AI-powered matrimonial platform designed for the top 1%, is making headlines with its latest move—requiring male members to have a minimum annual income of ₹50 lakh. This bold criterion is part of the platform’s strategy to ensure quality matches and deliver a high-trust experience for serious relationship seekers. Unlike traditional dating and matchmaking … Read more
India has witnessed a sharp 140% surge in cybercrime cases over the past five years, according to the latest data released by the Ministry of Home Affairs. Citing figures from the National Crime Records Bureau (NCRB), the ministry revealed that the number of registered cybercrime incidents has jumped from 27,248 cases in 2018 to 65,893 … Read more
Cooler Heads, a trailblazing medical device company, has successfully closed an oversubscribed $11 million Series A funding round to accelerate the manufacturing and commercial rollout of Amma™, the first and only FDA-cleared Portable Scalp Cooling System designed to reduce chemotherapy-induced hair loss. Amma™ offers a groundbreaking solution to one of the most distressing side effects … Read more
India’s venture capital (VC) landscape witnessed a significant rebound in the April–June quarter of 2025, attracting $3.5 billion in funding across 355 deals, according to KPMG’s latest Venture Pulse Q2 2025 report. This marks a notable rise from the $2.8 billion raised across 456 deals in Q1 2025, reflecting renewed investor confidence despite global headwinds. … Read more
Dubai, UAE / New York, USA – July 2025 – Dubai Chambers has officially announced that the fourth international edition of the Dubai Business Forum will be held in New York City on 12 November 2025, marking a key milestone in its global expansion strategy. The event is part of the organization’s broader effort to … Read more
The Abu Dhabi Investment Authority (ADIA) is set to invest $200 million in Micro Life Sciences Private Limited (Meril), a leading Indian medical devices manufacturer. The investment will secure ADIA an estimated 3% equity stake, valuing the Gujarat-based company at approximately $6.6 billion. The deal, executed through a wholly owned ADIA subsidiary, is currently pending … Read more
Abu Dhabi, UAE, July 22, 2025 — UAE-born digital asset trading platform BurjX has officially received its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). With this regulatory approval, BurjX becomes one of the first homegrown platforms in the region authorized for both brokerage and … Read more
Dubai, UAE – Qlub, a leading innovator in ultra-fast, contactless payment solutions for restaurants, has successfully raised $30 million in its latest funding round. Co-led by Shorooq Partners and Cherry Ventures, the round saw participation from strategic backers including e&, Mubadala Investments, and Legend Capital. This substantial funding milestone strengthens Qlub’s ambition to scale its … Read more
New Delhi, India – HCLSoftware, the enterprise software division of HCLTech, has signed a strategic Memorandum of Understanding (MoU) with the Swiss Network in India, which includes the Embassy of Switzerland, the Swiss Business Hub India, and Swissnex in India. This MoU formalizes HCLSoftware’s participation in the Indo-Swiss Innovation Platform, a significant initiative established under … Read more
Koblenz, Germany / London: Sdui Group, a prominent European provider of cloud-based administrative software for K-12 schools, has announced a significant growth investment led by Bain Capital’s Tech Opportunities fund. Existing backers HV Capital and High-Tech Gründerfonds (HTGF) also participated in the round, reaffirming their confidence in Sdui’s long-term vision. The newly raised funds will … Read more
Political and policy decisions have become core drivers of investment strategy, prompting sovereign investors to fundamentally reassess portfolio construction and risk management, according to the thirteenth annual Invesco Global Sovereign Asset Management Study Geopolitical tensions (84%) remain the dominant short-term risks for sovereign wealth funds (SWFs) and central banks in the region, followed by a fallout … Read more
Bahrain – July 2025:stc Bahrain, a leading digital enabler in the Kingdom, has announced a strategic partnership with Singapore Gulf Bank (SGB) Bahrain to deploy cutting-edge IT infrastructure and services aimed at enhancing the bank’s operational efficiency and customer experience. This collaboration reinforces stc Bahrain’s commitment to supporting Bahrain’s Economic Vision 2030, which focuses on … Read more
Leading Indian cryptocurrency exchange CoinDCX has confirmed a cybersecurity breach resulting in the loss of approximately $44 million (INR 380 crore) from its internal treasury account. The breach, caused by a sophisticated server compromise, targeted one of the platform’s operational accounts used exclusively for liquidity provisioning on a partner exchange. According to CoinDCX cofounder Neeraj … Read more
