Hub71

A Global Ventures report identifies supply chains and talent as key drivers for UAE venture capital growth. The UAE government also extended corporate tax relief for small businesses until 2029.

Seventeen Emirati startups, participating in the inaugural MZN Hub71 program in Abu Dhabi, are developing AI-driven tools for carbon emission tracking and irrigation optimization. This initiative highlights regional innovation in sustainable technology.

Abu Dhabi's startup ecosystem is now valued at $73 billion, entering the Global Startup Ecosystem Report's Top 50 for the first time. This highlights significant growth in the region's tech sector.

Abu Dhabi's Hub71 accelerator has selected two Indian startups, Uravu Labs and Endimension Technology, for its 18th cohort. These companies will join 25 other international startups establishing operations in the UAE capital.

Hub71 announced its support for the second edition of the UAE–India Start-Up Series, a program designed to help high-potential Indian startups expand into Abu Dhabi. This initiative offers access to funding, mentorship, and market entry opportunities, strengthening the UAE's role as a regional tech gateway.

Hub71, Abu Dhabi's global tech ecosystem, has expanded to 390 companies, with its startups collectively raising over AED9.9 billion ($2.7 billion) in funding. This growth underscores Abu Dhabi's emergence as a significant technology hub in the region.

Mastercard Lighthouse and Hub71 have opened applications for a new four-month accelerator program in the UAE, focusing on AI startups in fintech, commerce, and other key sectors. The initiative aims to foster innovation within the region's AI ecosystem.

Avalanche launches first private blockchain accelerator inside Hub71 and partners with LuLu Financial for $19B remittance network.