Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Micrsoft startups opens second round of GrowthX Accelerator Program

GrowthX Accelerator and 100 Unicorns are part of partnership between Microsoft and ADIO.
  • GrowthX Accelerator and Highway to 100 Unicorns are part of a strategic partnership between Microsoft and the Abu Dhabi Investment Office.
  • The GrowthX Accelerator brings together corporates with challenges and startups that can build field-ready solutions.

Microsoft for Startups Middle East Wednesday announced it has opened a second round of applications for Microsoft for Startups’ highly successful GrowthX Accelerator Programme and is accepting registrations for the next series of virtual conferences in the well-received Highway to 100 Unicorns virtual conference.

The GrowthX Accelerator and Highway to 100 Unicorns are part of a broader strategic partnership between Microsoft and the Abu Dhabi Investment Office (ADIO) to accelerate opportunities for startups across the region.

The GrowthX Accelerator, which was announced in January 2021 and officially launched in May, brings together corporates with challenges and startups that can build field-ready solutions.

It empowers B2B tech startups with the commercial and technical resources and support they need to accelerate their growth.

Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, said, “The progression of these initiatives to their next phases signifies the success they have achieved in helping startups. We will continue on this journey to ensure innovators have access to all the tools and resources they need to make impactful change in Abu Dhabi.”

Roberto Croci, Managing Director, Microsoft for Startups, MEA, said, “Our second cohort of GrowthX follows a very successful first phase in 2021, where we saw massive interest from innovators across the region.”