Dubai Startup Lyrie.ai Raises $2M Pre Seed Round
Dubai based Lyrie.ai raised $2M in a pre seed round to expand its AI cybersecurity platform and develop the Agent Trust Protocol for secure AI agents.
News Category: Dubai
DIFC’s AI Plan to Create 25,000 Jobs in the UAE
DIFC has announced a major transformation that could change how financial hubs operate worldwide. Dubai International Financial Centre will build an AI native finance hub in Dubai, creating 25,000 jobs across UAE with a $3.5B economic impact. Instead of testing AI in small use cases, the center will integrate artificial intelligence across its entire ecosystem. … Read more
Ray Raises $1.2M to Expand Charging Network in the UAE
UAE-based startup Ray has stepped into the shared infrastructure space with a clear focus on solving a daily problem. The company raised $1.2 million in seed funding and has already rolled out its service in Dubai and Abu Dhabi. Instead of building just another utility, Ray is trying to become a default layer in how … Read more
Dubai (DET) Ties Up with HSBC to Attract Investors
The Dubai Department of Economy and Tourism has partnered with HSBC Bank Middle East Limited to accelerate foreign investment and capital inflows into Dubai, aligning with the emirate’s long-term economic expansion strategy under the Dubai Economic Agenda D33. What is the new partnership about? The Dubai Department of Economy and Tourism (DET) has signed a … Read more
Abu Dhabi (#1) and Dubai (#2) Lead Global Startup Index
Abu Dhabi and Dubai have been ranked the top two startup cities in the world for 2026. The latest global index highlights strong infrastructure, low taxes, and rising founder demand as key reasons behind the UAE’s growing position as a leading startup hub. Note: The ranking comes from the Startup & SME Friendliness Index by … Read more
Dubai SME Starts 3 Day Startup Initiative
Dubai SME, an entity under the Dubai Department of Economy and Tourism, has launched Majlis Al Mustaqbal, a new initiative focused on helping young entrepreneurs convert ideas into real, scalable businesses. The first edition will run from April 28 to 30, 2026, at Dubai Founders HQ, bringing together aspiring founders, mentors, investors, and government stakeholders … Read more