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4Partners, a revolutionary international cross-border dropshipping company, has secured $3.6 million in funding to assist its goals for regional growth and expansion by entering the UAE market.

Dubai-based 4Partners Secures USD 3.6 Million Funding

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The signing of a strategic cooperation agreement by Elite Group Holding Ltd. and SOUEAST Motor was a significant turning point in their cooperative relationship.

Dubai-Based Elite Group Holding strategic Partnership Agreement with SOUEAST Motor 

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Meta, a tech giant, collaborates with Startupbootcamp MENA to promote AI use cases in MENA businesses. Startupbootcamp (SBC) is a global network of accelerators that connects startups to mentors, partners, and investors worldwide.

Dubai-Based Meta has Partnered with Startupbootcamp to Support MENA Startups

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The Ultimate Teen Patti intellectual property rights were purchased from Games24X7 by Nazara Technologies' mobile gaming division, Next Wave Multimedia, for a sum of Rs 10 crore.

Dubai-Based Nazara Acquired with Ultimate Teen Patti 

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The Ports, Customs, and Free Zone Corporation (PCFC) launched its interactive Dubai Customs AI Platform to pursue its ambitious vision and innovation leadership. Developers can create AI-powered tools and programmes for smooth customisation on the new platform.

Dubai Customs Launches AI Platform to Support SMEs and Innovation

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Prior to going public on the NASDAQ, Silver Rock Group had invested $325 million in Pathfinder, a UAE-based provider of retail IT solutions.

[FUNDING NEWS] Dubai-Based Pathfinder has Raised $325 Million in Funding

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The UAE-based company Swyt, which offers IT solutions, has finished its secret Seed round. Swyt, founded in 2022 by Edouard Bouvet, provides organisations with an all-in-one platform to streamline and safeguard their IT processes.

[FUNDING NEWS] Dubai-Based Swyt Secures Undisclosed Amount in Seed Round Funding

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London and Dubai-based fintech Elevate raised $5 million in pre-Series A fundraising. Elevate launched earlier this year and has over 150,000 Asian and North African users. The additional money will help it expand throughout the Middle East and Africa.

[FUNDING NEWS] Dubai-based Fintech Elevate Secures $5 Million in Pre-Series A

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Exverse - is a next-gen virtual battle metaverse combining Play & Earn mechanics with the action genre, has secured $3 Million in Private Funding Round led by led by Cogitent Ventures, Cointelligence, and Moonrock Capital, with participation from investors included KuCoin Labs, Epic Games, Seedify, and ChainGPT.

Dubai-based Exverse Secures $3 Million in Private Funding Round

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Hub71, Abu Dhabi's global tech ecosystem, and Stride Ventures, a globally prominent venture debt fund, have partnered to drive innovation, foster entrepreneurship, and support the growth of startups in Abu Dhabi. Through this partnership, Hub71 will leverage Stride Ventures' expertise, to provide startups with access to capital and mentorship opportunities required to scale their ventures to new heights.

HUB71 and Stride Ventures Join Forces To Foster Innovation in Abu...

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