Startups | Page 7

The program is on the lookout for startups with products that offer payment and commerce solutions to consumers and businesses.

Founded in 2019 by Omar Almheiri and Hamza Khan, Letswork enables users to work from a network of coworking spaces, hotels and cafes across the globe via a single membership.

The startup aims to provide its products to businesses in other Arab countries who face the same challenges that customers in Saudi face, which is the ability to analyze Arabic content in online channels.

Despite the COVID-19 pandemic's harsh economic impact on the region's economies (with it having ushered in the first recession in 25 years), the economy is set to grow by 3.8% in 2022.

If you are a startup or entrepreneur creating software in retail, technology, or financial sectors, take a look at the steps you can take to emulate the success of previous unicorns.

Staged with the support of Dubai Startup Hub, an initiative of Dubai Chamber of Commerce, as well as Life On Screen, the Enterprise Agility Forum 2022 also played host to the finals of the Dubai Smartpreneur Competition 6.0, which saw three promising startups awarded a total of AED150,000 in prizes.

CogniSigns is a digital screening app that uses an algorithm-driven chatbot powered by artificial intelligence (AI) to detect diseases and mental health conditions in a user.

Dibsy, a homegrown Qatar fintech enterprise, was founded on the premise of making processing online payments as simple as possible.

"The platform acts as a dedicated space for performing artists and musicians to manage their bookings and tap into a new pool of growing clients, using a unique business model that takes zero commission from the artists, and simply charges clients an industry low agency fee when making a booking."

Foodics' acquisition is a strategic move that will help solidify its position and become the market leader in Egypt, Kuwait, Oman and Jordan, while also opening the possibilities for further M&A activities and international expansion.

Christopher Arida and Aya Hariri are the founders of Diwama, an AI-based image recognition software that automates waste analysis, and one of the 10 finalists of Smartpreneur Competition 6.0.

Volte Art Projects kicked off its innings in the UAE with an exhibition titled Sublime Convergence, which was described as one that united "themes of nature and time through art and technology."

Held under the theme "Think Global Build Local," the event saw eight teams pitching their business ideas that could tackle problems specific to the country as well as solutions to substitute trade imports and encourage more exports.

Its new funding will be used to fuel Calo's expansion into the GCC, recruit talent in different areas, and invest more resources in executing its product roadmap.

With an immersive program designed to support future entrepreneurs, the new facility aims to provide knowledge, skills, experience and resources to encourage innovators to identify business opportunities, develop and implement their business ideas and establish a lifelong network.

The two-day conference will showcase various keynote sessions, fireside chats, panel discussions, startup pitch competitions, workshops, and demo sessions.

GCC-based venture capital firm VentureSouq has announced the launch of its US$50 million venture fund to focus on fintech early-stage entities across the MENA region and Pakistan.

More than 4,000 people attended the event, which had 55 business leaders, experts, influencers, and cultural figures from around the world leading nearly 60 activities comprising keynotes, panel discussions, workshops, and more.

By joining the AMP accelerator, entrepreneurs can access AED60,000 worth of benefits to launch and scale online businesses.

A recent Entrepreneur Middle East Live webinar held in cooperation with the UAE Ministry of Health and Prevention looked into how healthcare delivery has been reimagined post the COVID-19 crisis.

Its seventh cohort consists of four companies in the field of insurtech, medtech, Industry 4.0, and traveltech.