Subha Bhargavi

Sharjah gets recognized by 2021 GSER

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 raises a successful $4.5 million Pre-Series A fundraise

Cartona, a B2B platform connecting retailers to manufacturers and wholesalers announces its successful $4.5 million Pre-Series A fundraise.

Fawry finalizes an investment in Brimore

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.

Emirates Development Bank signs a MoU with Emirates NBD

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

LinkedIn announces its 2021 LinkedIn Top Startups list

LinkedIn has announced its 2021 LinkedIn Top Startups list, identifying the top 10 startups in the UAE. Fuelled by LinkedIn data and produced by the LinkedIn News team, the Top Startups List globally is an annual ranking of the emerging startups to watch out for – and work for.

TikTok for Business – Unleash your brand’s creative side

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.

New blockchain based startups TOKHIT and Welthee call on content creators and crypto investors

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.

SCA and DWTCA enter into an agreement

The Securities and Commodities Authority (SCA) and the Dubai World Trade Centre Authority (DWTCA) have entered into an agreement supporting the regulation, offering, issuance, listing and trading of crypto assets and related financial activities within DWTCA’s free zone.

Shiphaly raises undisclosed six-figure round from angel investors

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 launches in the UAE

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 gets recognized as the “Best Bank for SMEs in Qatar”

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 announces the official availability of its new Business Starter Plan to support SMEs

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

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