Ranked seventh of the Top 10 MENA startup ecosystems by ‘Performance’, the emirate of Sharjah has been recognized by the 2021 Global Startup Ecosystem Report (GSER) as a high-growth entrepreneurial ecosystem. This achievement marks a milestone in the emirate’s vision of becoming a world-class startup hub.
Cartona, a B2B platform connecting retailers to manufacturers and wholesalers announces its successful $4.5 million Pre-Series A fundraise.
Fawry announced today that it has finalized an investment in Brimore, a social commerce platform. Fawry has acquired a minority stake in Brimore, which enables SME manufacturers to overcome go-to-market challenges through a nationwide distribution capability.
The Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with Emirates NBD to offer a credit guarantee scheme for SMEs in the UAE. The MoU with Emirates NBD is part of the bank’s shared commitment to boost the SME ecosystem in the UAE and enhance the contribution of SMEs to the country’s GDP. EDB’s partnership with
Rana Barakat, Head of Growth, Global Business Solutions – TikTok METAP, highlights how TikTok for Business helps startups in the region gain global visibility of their brands in a cost-effective way.
The future of content creation and financial freedom will be discussed and marked in an exclusive event, in Dubai, September 22st, at the initiative of TOKHIT, a unique global social network, based on blockchain and NFT, and Welthee, an investment platform with zero commissions and complex risk assessment, first launched in Switzerland.
Shiphaly, the Cairo-based startup connecting shoppers and travellers has raised an undisclosed six-figure round from angel investors in Saudi Arabia and Egypt. The round is led by Faisal Abdulsalam the founder of Purity, and active investor in Saudi Arabia and Egypt, with the participation of well-known angel investors in Saudi Arabia.
KUBE Ventures has a single purpose: to drive transformation by incubating and accelerating hospitality start-ups. Inspired and created by Michael Levie and David Keen, KUBE has attracted some of the world’s foremost entrepreneurs and disruptors in the hospitality space. Each one shares the values of the founders and a drive to create fundamental change.
Qatar Islamic Bank (QIB) has been recognized as the “Best Bank for SMEs in Qatar” at the Asiamoney Middle East’s Best Bank Awards 2021.
du, from Emirates Integrated Telecommunications Company (EITC), has announced the official availability of its new Business Starter Plan for specific enterprise customers across the UAE. Following increased demands from home office, small office, and small enterprise customers for fixed services nationwide, du’s all-in-one solution will ensure they capitalize