
Dubai's iACCEL GBI, Ignyte partner to boost UAE startup ecosystem with global access
iACCEL Gulf Business Incubator (iACCEL GBI), a leading go-to-market accelerator launched under the patronage of Dubai SME, announced a strategic partnership with Ignyte, a leading global startup ecosystem that empowers founders, to strengthen the UAE's innovation landscape.
The two will collaborate to offer an integrated pathway for high-potential startups to gain access to worldclass mentors and investor visibility, access cross-border networks, and scale across international markets, iACCEL GBI said.
The collaboration will see portfolio startups from both ecosystems benefiting from increased visibility, growth support, and regional access.
Startups under Ignyte will be able to leverage iACCEL GBI's core strengths in structured go-to-market acceleration and market entry, while iACCEL GBI associates will gain access to Ignyte's investor network, corporate partnerships, and more than 250 marketplace offers, the two organisations said.
A phased onboarding of iACCEL GBI startups onto the Ignyte platform is currently underway and will continue in the coming weeks, the Dubai-based accelerator said.
Aligned with the UAE's broader vision to establish itself as a global hub for entrepreneurship and innovation, the partnership reinforces iACCEL GBI's commitment to building a robust startup ecosystem across the UAE and wider GCC, it added.
Deepak Ahuja, Co-founder and CEO of iACCEL GBI, said the partnership with Ignyte represents a major step forward in the accelerator's mission to empower startups with the resources, global exposure, and mentorship they need to scale successfully.
'By integrating our cohorts into Ignyte's expansive ecosystem, our startups will be equipped with the tools necessary to grow both locally and internationally,' he said.
Mohammad Alblooshi, CEO of DIFC Innovation Hub, said: 'At Ignyte, we are proud to partner with iACCEL GBI to empower the next generation of high-potential startups at this pivotal moment in UAE's innovation journey.'
'This synergistic partnership brings together iACCEL GBI's expertise in empowering local startups with global opportunities and Ignyte's extensive network and cross-border connections, creating the ideal launchpad for regional startups to scale in and beyond the Middle East,' he said.
Over the last two years, iACCEL GBI has steadily emerged as a critical launchpad for international startups, providing tailored market-entry and expansion strategies for scaling in the Middle East.
Through the partnership with Ignyte, iACCEL GBI aims to accelerate that impact by creating long-term and cross-platform value.
The announcement also comes at a time when the UAE's startup landscape is experiencing extraordinary momentum.
In 2024 alone, Dubai saw a 120 per cent increase in digital startups, a testament to the emirate's consistent push to attract global innovators, iACCEL GBI said.
Venture capital and private equity funding in the UAE is expected to more than triple, reaching $2.5 billion in 2025 – a reflection of investor confidence and the growing appetite for scalable, tech-led ventures in the Middle East.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Khaleej Times
33 minutes ago
- Khaleej Times
Virtual companions, chatbot-therapists: Is AI replacing human connections?
I was listening to the radio on my way to work when a well-known RJ on one of the channels here in the UAE mentioned how she couldn't sleep the previous night, so she chatted with ChatGPT until she finally drifted off. The point of mentioning this isn't to debate insomnia remedies (as the show did), but to highlight something deeper — our growing emotional and cognitive reliance on digital solutions. While social media platforms offer 'free' services quietly shaping our behaviours, the market constantly convinces us we need the latest smartphone, algorithms trap us in filter bubbles, feeding us only what aligns with our existing views. And now, artificial intelligence (AI) chatbots and virtual companions are being designed to fulfill human desires, companionship, validation, and even therapy. Yet as a society, we are experiencing a disconnect like never before. The question is no longer just whether technology is replacing human connection, but how much of our emotional lives we are willing to outsource. As loneliness surges, so do our efforts to fight it. It's instinct. With digital platforms around us so much of the time, we naturally turn to it. A 46-year-old woman living in a family-friendly neighbourhood shared her struggle with loneliness on social media. People had plenty of solutions, including making an AI friend. A growing number of AI-powered virtual companions are now available online, offering round-the-clock support without fear of judgment. These digital assistants have become a valuable resource for individuals hesitant to share their emotions and concerns with others due to social anxiety or fear of criticism. These services aren't just for early adopters anymore, they are going mainstream fast. Among them, Replika has gained significant attention and popularity. Marketed as 'the AI Companion who cares, always here to listen and talk, always on your side', the app's reassuring message has resonated with users. Several reputable news outlets have featured the program as well. Social media apps promote connectivity, but studies show that regular users frequently experience loneliness, indicating that the sense of connection may be superficial. The benefits of AI characters come with significant risks, particularly for adolescents. Emotional dependency on AI can erode real-world social interactions and coping skills, potentially isolating users from familial and communal networks. AI remembers every detail of the conversation and gives the illusion of being a sincere friend, says Dr Jihene Mrabet, a psychologist with academic expertise in AI. She elaborates that these mental health applications are capable of diagnosing psychological issues and even providing coaching advice. 'However, the concern is always about to what extent one can rely on these chatbots, since we don't know who is behind the technology, what their understanding of human psychology is, or how confidentiality is maintained in such interactions. We do not even know if the designers have proper guardrails,' Dr Jihene explains. A Florida mother, Megan Garcia, is holding AI accountable for her 14-year-old son's death. In a lawsuit against the company, Garcia alleges deeply personal AI exchanges contributed to her son's suicide. She's demanding accountability to shield other families from similar devastation. As we increasingly turn to AI for companionship, we must ask: Are we creating a world where technology replaces human connection. And if so, at what cost? Developers, policymakers, and mental health experts must collaborate to enforce ethical safeguards, especially for vulnerable users.

The National
an hour ago
- The National
UAE helped US regulators frame digital asset policy, Circle president says
Stablecoin issuer Circle Internet Group says the UAE has played a vital role in helping US regulators frame digital asset policies, reflecting the growing influence of the Emirates in the global technology stage. The company, which manages the world's second-biggest stablecoin, USDC, raised more than $1 billion at its initial public offering on the New York Stock Exchange on Thursday, reflecting the legitimacy of digital assets and the growing attention they attract from regulators, its president Heath Tarbert told The National. The listing valued the New York City-based Circle at around $6.8 billion after it priced its IPO at $31 per share, well above the projected top range of $27 and $28, making it one of the most prominent crypto firms that has tapped into equity markets. With the emergence of digital asset providers in the markets, regulation becomes more magnified especially in the US, which has banked on fellow forward-looking and tech-oriented nations such as the UAE for policies that would be a standard globally, said Mr Tarbert, who also served as assistant secretary of the US Treasury and chairman of the Commodity Futures Trading Commission. "While people do look to the US, it has been looking elsewhere as well for ideas, given the importance of digital assets and trying to get it right, and they've looked no further than the UAE," he said in an interview. "I would commend … particularly the financial services authorities in Dubai and Abu Dhabi for being at the forefront of this because they've actually helped inform US policymakers … there's a real realisation that stablecoins in particular can do a lot for our financial system." Cryptocurrencies in general are notoriously driven by trends and political developments. US President Donald Trump, arguably the world's biggest backer of crypto, gave an unprecedented boost to the sector – most notably Bitcoin – which scaled multiple highs early in his second term. "Politics can play a role in anything, but it's ultimately fundamental technology that will prevail," Mr Tarbert said, noting that Mr Trump "seeing the importance" of crypto "can also help the US continue to be a leader in technology". A stablecoin is a type of cryptocurrency that is pegged to a fiat currency and tends to be less volatile, unlike Bitcoin and the like, for which swings are influenced by simple factors such as tweets and hype. Unlike legacy financial institutions that require paperwork, approvals and physical branches, stablecoins only require an internet connection and a digital wallet. This removes barriers and allows anyone, anywhere, to send, receive and store money without needing a bank. AE Coin, the first regulated digital currency in the UAE, was granted final approval by local authorities and is scheduled to be launched 'soon'. In April, Abu Dhabi entities IHC, ADQ and First Abu Dhabi Bank plan to launch a dirham-backed stablecoin, which will be fully regulated by the UAE Central Bank, aimed at easing payment solutions. Tether, whose USDT is the world's biggest stablecoin, in August received the go-ahead to develop a stablecoin in the UAE. And Circle, which last year incorporated a unit in Abu Dhabi, partnered with Binance in December to incorporate USDC into products that can be used locally. Mr Tarbert said stablecoins will allow users to move in and out of digital assets, in addition to being a store of value globally, helping secure their finances. In particular, the UAE, a major source of remittance outflows, can benefit from their secure nature, he added. "People want to hold things like dollars in particular, but also euros and other currencies in their wallets safely and securely," he said. "The UAE is a major remittance corridor in the world … [stablecoins will provide] that fulcrum between east and west, north and south."


Khaleej Times
2 hours ago
- Khaleej Times
Wish to volunteer? Dubai teens launch platform to help students find opportunities
Two Dubai students are on a mission to make volunteering easier and more accessible for teenagers across the UAE. Year 12 students Samaira Bhattacharya and Chloe Ramel from Nord Anglia International School Dubai have launched Volunteer Hub, a platform that connects students with local volunteer opportunities based on their interests. 'As high school students, we genuinely found it difficult to locate volunteering opportunities in the UAE,' said Samaira, who hopes to study medicine in the UK. 'There are so many amazing initiatives available but they're not always visible or accessible to students without the right resources.' Chloe added that the idea for the platform stemmed from their own experiences. 'I was complaining to Samaira about not being able to find opportunities for the coming months and she said we should do something about that,' she said. 'So we started talking and decided that we should set up this platform, Volunteer Hub, to help students across the UAE resolve this issue that a lot of us have.' Malak Ezzeldine, a budding economist and a Year 12 student at the same school added that the platform solved a lot of issues for students like her. 'I had contacted so many NGOs looking for volunteer opportunities but no one would get back to me,' she said. 'So, when I heard that they had launched this platform, I signed up for as many opportunities as I could. I even found one volunteer opportunity in my school which I found out only through Volunteer Hub.' Built from scratch In just four months, the duo built the platform from scratch. While Samaira reached out to NGOs, Chloe developed the website using Wix. Volunteer Hub now features filters by location, cause, and type of activity — making it easy for students to find what suits them. According to the girls, the support from their teachers was integral in helping expand the reach of the platform. So far, Volunteer Hub has partnered with 10 non-profits, including Sparkle Foundation and Thrift for Good, and has already helped over 90 students sign up for various roles in areas like sustainability, education, and animal welfare. Even though the platform is mainly aimed at students between the ages of 14 and 18, there is no minimum age for signing up. Year 11 student of Springdales School Dubai Sampritha found her first volunteering opportunity through the platform in May and it was a memorable experience for her. 'I signed for the beach clean up at Jumeirah and it was a great experience for me,' she said. 'For over two hours we combed the beach for cigarette butts and other waste items. I also met a lot of other people. I am looking forward to doing it again.' Future plans Samaira, who has previously volunteered as an English teacher for underprivileged students in India, said it was equally difficult to find opportunities in other countries as well. 'Hopefully in the future, we could expand Volunteer Hub also to a wider reach, maybe use it in India and other countries as well,' she said. 'We want to develop it into a global platform so that it makes it possible for high schoolers anywhere in the world to easily access meaningful ways to give back to the society.' The duo also has a long-term vision for the platform. 'We want to ensure that Volunteer Hub remains sustainable,' said Chloe. 'Even when we head off to university, since we're currently in year 12, we want the platform to keep running. So we're working on building a leadership handover system to younger students within our school or other schools so we can keep the platform growing'