editor
Powered by Fuze, Wio enables virtual asset trading
Wio has partnered with Fuze to empower its customers with cutting-edge virtual assets trading services. Customers can buy and sell popular virtual assets directly through Wio Invest.
Dubai Free zones essential enabler of Emirati talent
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones (DFZ) Council, recently chaired the Council’s 25th meeting, during which he highlighted the importance of Dubai’s free zones as an enabler of Emirati talents,
iAccel Gulf Business Incubator onboards Dr. Vivek Mansingh
iAccel Gulf Business Incubator (iAccel GBI), a catalyst in UAE’s dynamic startup ecosystem, announces the appointment of Dr. Vivek Mansingh, a Stanford alumnus and global leader, as the new Chairman of the Advisory Board.
Jada Fund of Funds invests in private credit with a $250 million fund
Jada Fund of Funds Company has announced its first investment in private credit with an investment in Ruya Partners’ $250 million (SAR 938 million) fund and commits to further support private credit market in the Kingdom with additional investments in the near future.
Yabi raises $8m in seed funding round
Yabi has successfully raised $8 million in the seed funding round that also saw the participation of Al Wafra Al Thanya (Wafra II). The startup plans to use these funds to drive product development and push growth into regional markets.
Omani FoodTech startup KitchenomiKs raises $3.5mln for regional expansion
Oman’s leading FoodTech startup, KitchenomiKs, has raised $3.5 million in Seed and Pre-Series A funding to drive its regional expansion plans. Saudi Arabia is the company’s first target market, with plans to go live in early 2024.
Pioneering culinary incubation and satellite kitchen concepts in the UAE
The Co-Kitchens, a trailblazing culinary platform powered by Dubai SME-certified business incubator The Co-Spaces, is creating a buzz in the F&B industry by offering two distinct concepts catering to the diverse needs of culinary enthusiasts and food entrepreneurs.
Winners of Africa’s Business Heroes announced
Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale of the Africa’s Business Heroes (ABH). Africa’s Business Heroes (ABH) Prize Competition, a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy, has named Dr. Ikpeme Neto from Nigeria; Thomas Njeru from Kenya and Ayman Bazar...
UK-based startup ROVAR wins the Dubai Airshow VISTA Innovation Challenge
Dubai Airports has announced that the UK-based startup ROVAR has won the guest experience innovator challenge hosted at VISTA at Dubai Airshow 2023.
RAKEZ launches COP28 business set-up offer
Ras Al Khaimah Economic Zone (RAKEZ) introduces its ground-breaking COP28 business set-up offer to support sustainability and environmentally conscious entrepreneurs, demonstrating RAKEZ‘s unwavering dedication to embracing sustainable practices by offering tailor-made packages
CheckRewards secures $1.2 million investment from Mitgo Group
CheckRewards, an innovative cashback service fuelled by cutting-edge machine learning technology, is entering the MENA region. Backed by a $1.2 million investment from the Mitgo Group, CheckRewards is set to redefine the cashback experience for both users and businesses
Fuse launches $10 million Grants Program to power Web3 innovation
Fuse Network recently unveiled its pioneering $10 million Web3 Business Grant Program, designed to support global businesses by providing essential funding and infrastructure for streamlined access to Web3 payment systems.