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The Rise of Tech Startups in the UAE

Published 8 hours ago9 minute read
The Rise of Tech Startups in the UAE

Addenda is a platform that uses blockchain technology to help insurance companies settle claims faster and more efficiently. It connects insurers and makes it easier for them to manage claims by updating tasks in real time on a simple-to-use interface. Each update is securely recorded on the blockchain so it’s completely traceable and protected. This ensures that all claim and policy changes are transparent, accurate, and tamper-proof.

Addenda is a blockchain platform that helps fight insurance fraud using a technology called Hyperledger Fabric. It allows insurance companies to track claims and policies in real time on an easy-to-use interface. Every update is securely recorded on the blockchain, so it’s protected and can’t be changed. The platform provides a clear overview of policy details and how claims are progressing. Insurers, reinsurers, and regulators can report and track changes safely and privately, ensuring everything is encrypted and secure.

AirCarbon is a digital platform that is changing the way carbon credits are traded. They make it easier to buy and sell carbon credits by turning them into tradable assets with transparent pricing and quick transactions. This helps reduce obstacles in the carbon market and supports efforts to fight climate change. With their innovative approach, AirCarbon is making carbon trading more straightforward and more transparent while also encouraging a greener and more sustainable future.

AirCarbon’s leading platform, the Air Carbon Exchange, makes it easy for people and companies to buy, sell, and protect against changes in the price of carbon credits. The platform turns carbon credits into tradable assets so they can be exchanged smoothly. This helps make carbon trading more straightforward and more accessible for everyone.

With transparent pricing and instant transactions, the Air Carbon Exchange offers a user-friendly experience. This approach makes carbon trading faster, more transparent and easier to get involved with, whether you’re an individual or a business.

Ammbrtech is a platform that brings internet access to communities that don’t have reliable connections. Using a mix of decentralized technology and affordable routers, they provide a wide range of content, services and products. Whether it’s for people or machines, Ammbrtech ensures digital services reach even the most remote areas.

Key Features:

Ammbrtech’s goal is to create a high-speed data network that delivers digital services to people in a way that is collaborative and inclusive. To make this happen, they are building a variety of technologies and working with partners to bring internet access to areas that traditional telecom companies don’t reach.

This mission requires a team with many different skills, from engineering to marketing and creative problem-solving.

Ammbrtech started rolling out its network in multiple countries in 2019 and 2020. Their big ambition is to become the fastest-growing broadband network in the world.

Amwal Tech, a startup based in Abu Dhabi, is changing the way digital payments work with its innovative biometric authentication and checkout solutions. They offer a simple and secure payment system that helps businesses increase sales, reduce cart abandonment, and build customer loyalty.

Their technology combines identity verification, fraud protection, and payment processing into one easy-to-use service, making the checkout experience faster and smoother for users.

Amwal Tech focuses on helping businesses boost repeat sales and increase the value of each order. By making payments easier and more secure they help turn shoppers into loyal customers.

The best part? Their solutions work seamlessly with popular ecommerce platforms and can be integrated quickly, with no coding needed. This makes it easy for businesses to start using Amwal Tech’s system and grow in the long term.

Amwal Tech is a fast-growing company that provides secure and easy-to-use payment and identity solutions. They help banks, online stores, and payment companies protect their customers by verifying identities and preventing fraud across all devices and platforms.

Their technology uses advanced encryption and authentication tools to make digital payments safer. One of their standout features is a quick and secure checkout system that takes just 10 seconds—10 times faster than the average—and is much more secure than traditional one-time passwords (OTPs). Amwal Tech uses a “zero-trust” security model, meaning they always verify users, making their system both safe and smooth to use across different channels.

Experts in tech, finance, and artificial intelligence founded the company. CEO Dr. Mohamed Zaghoo, CTO Dr. Sameh Galal, and COO Reda Reda have impressive backgrounds, with experience at places like NASA, Goldman Sachs, and Citadel Security. Together, they hold four U.S. patents and have five degrees from top universities like Harvard and Stanford. Their deep knowledge and experience are helping Amwal Tech lead the way in secure, modern digital payments.

A robot is an intelligent chatbot designed for businesses and government organizations. It uses artificial intelligence to make customer service faster and better. What makes Arabot special is its advanced technology explicitly built for Arabic. It understands and responds to Arabic conversations accurately and smoothly, thanks to its powerful language engine.

A robot helps businesses respond to customers instantly, which shows excellent service and keeps people engaged. This quick support not only improves the customer experience but can also lead to 2 to 3 times more sales by guiding potential customers further along the buying process.

At Baraka, our mission is to help everyone learn how to invest, feel confident doing it, and take control of their financial future. We want to change the way people invest so that anyone can succeed—not just experts.

Baraka gives you the tools you need to start investing. It’s more than just an app—it’s a source of knowledge, a supportive community, and a fresh approach that’s missing from old-school investing. We help you build confidence, not just to make investments, but to become an investor truly.

You can invest in U.S. stocks and ETFs from the GCC with zero commission.

Our story started during the Covid-19 pandemic—a time when the world was full of uncertainty. People everywhere, especially in the Middle East, began to realize how important financial stability really is. It became clear that more people needed access to financial markets to build wealth and take control of their financial future.

Baraka was founded by someone with years of experience in asset management who saw that investing was often limited to the wealthy. We wanted to change that, especially for the young and growing population in the region. With 70% of people under the age of 30 and many without access to useful investing apps, we knew there was a big gap to fill.

At Baraka, our goal is to give people control over their money and their future. We provide the tools, knowledge, and support needed to help them make wise investment decisions and grow with confidence.

Bayzat is a platform that helps companies handle all their HR tasks in one place. This includes managing health insurance, payroll, time off, employee records, and attendance.

As a tech company, Bayzat also offers easy-to-use tools for small businesses to manage health insurance. You can quickly compare prices from over 100 insurance plans in less than 2 minutes and pick the one that works best for you—saving time and effort by cutting out over half the usual paperwork.

With Bayzat, you can also easily check your health benefits, make sure you’re using services within your insurance network, and save at least 20% on your health insurance costs.

BitOasis is the biggest online platform for buying, selling, and trading cryptocurrency in the Middle East and North Africa (MENA) region. Based in Dubai, it was founded in 2015 by Ola Doudin and Daniel Robenek. BitOasis makes using digital assets easier, cheaper, and more secure for people across the region.

The platform lets users buy and sell over 60 different cryptocurrencies using regular money like AED, SAR, TL, and USD. BitOasis also offers a digital wallet so users can safely store their crypto.

BitOasis was the first crypto company to receive a special license (called the MVP Operational License) from Dubai’s Virtual Asset Regulatory Authority (VARA). This license allows them to legally offer crypto trading services to both individual and institutional investors. They also registered with the UAE’s Financial Intelligence Unit, making them one of the first crypto companies in the country to do so.

So far, BitOasis has raised $30 million in funding and is backed by 14 investors, including well-known firms like Pantera Capital and Banvest. They’ve also partnered with Mastercard to launch crypto-linked cards and plan to expand further in the UAE and beyond.

Like many tech companies, BitOasis has faced challenges, including cutting some jobs due to tough market conditions. Still, their leadership, including CEO Ola Doudin, is committed to following all rules and offering a safe regulated crypto experience in the region. With new licenses in places like Dubai and Bahrain, BitOasis aims to grow its network of trusted platforms across the GCC and MENA region.

An ecommerce consumer platform for bulk grocery and home staples powered by next-generation artificial intelligence technology. Watch those prices drop with every unit you buy of any grocery or household item every time—no flash sales. No Gimmicks. Simply Bulk Value Everyday.

CompanyEgg is the world’s largest website focused on helping businesses grow in today’s digital-first world. It’s the only business search engine with no ads, making it cleaner, faster, and more respectful to both users and business owners.

Our mission is to publish detailed business information from around the world on a fast, easy-to-use platform. We believe people deserve a better way to search for businesses—without being bombarded by ads or confusing results.

We’re tapping into significant changes in technology, privacy, and user behaviour to give power back to small business owners. With CompanyEgg, small and medium-sized businesses (SMEs) can build their own websites and online stores from a single dashboard. This helps them improve their online presence and grow their brand—just like big companies do.

Most people who search online are looking for local businesses. But many platforms are filled with ads and even let your competitors advertise on your profile, which can be misleading and unfair. CompanyEgg avoids all that. We don’t show ads or sell user data. We’re focused on giving a better experience for both businesses and customers.

CompanyEgg is also built to grow. We’re building a global business search engine, offering data in over 15 languages, with the goal of reaching 125 million+ businesses worldwide and billions of users.

In conclusion, Abu Dhabi is rapidly emerging as a vibrant hub for startups, driven by strong government support, world-class infrastructure, and a growing ecosystem of investors, incubators and innovation-focused initiatives. With its strategic location, access to funding and commitment to fostering entrepreneurship, Abu Dhabi offers an ideal environment for startups to launch, grow, and scale—both regionally and globally. As the city continues to attract bold ideas and visionary founders, it is well on its way to becoming a leading startup destination in the Middle East and beyond.

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