Ras Al Khaimah Economic Zone (RAKEZ) entered into a strategic partnership with the Mohammed bin Rashid Innovation Fund (MBRIF), a federal initiative launched by the Ministry of Finance, to strengthen support for innovators, startups, and growth-stage businesses within its ecosystem.

An initiative launched by the UAE Ministry of Finance to support the innovation ecosystem in the UAE, has announced a credit guarantee of AED 1.5 million for 01Gov, an Emirati GovTech startup. The guarantee will accelerate the growth of 01Gov’s proprietary AI-powered platform, reinforcing the UAE’s agenda to lead the world in government development and excellence.

Quiqup, a UAE-based innovative e-commerce logistics provider, has launched Shop Local, a new initiative designed to help consumers discover and support local businesses across the UAE, while giving SMEs greater visibility and easier access to customers through a dedicated online platform.

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support the innovation and entrepreneurship ecosystem in the UAE, today announced the provision of an AED7.2 million credit guarantee to Fragrance Delivery Technologies (FDT), a company specializing in technological innovation. This guarantee will enable the Dubai-based company to upgrade its Jebel Ali Free Zone (JAFZA) facility with state-of-the-art automation, accelerating its alignment with Industry 4.0 standards, thereby supporting the advanced manufacturing sector in the UAE.

The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to support the UAE’s innovation and entrepreneurship ecosystem, has revealed growing demand for eco-friendly packaging solutions in the UAE offered by Avani Eco Middle East, a member of the Mohammed Bin Rashid Innovation Fund (MBRIF) Guarantee Scheme.
MBRIF noted that demand for these solutions is growing at an annual rate of between 25 and 30 per cent, driven by businesses’ response to the gradual restrictions imposed on single-use plastic materials.

Top student teams recognised with cash grants by Dubai Investments and mentorship at first edition of the UAE-wide pitching competition

21 members join the program to drive innovation across priority sectors aligned with the UAE’s national strategies

Mohammed Bin Rashid Innovation Fund (MBRIF) Welcomes Latest Cohort of Innovators to Join its Innovation Accelerator Program

Mohammed Bin Rashid Innovation Fund (MBRIF) Welcomes Latest Cohort of Innovators to Join its Innovation Accelerator Program