My Startup World Staff
Improved data regulations is a musts, says GELLIFY
The Middle East is still learning from established markets how new digital technology can transform the banking industry, where clear data regulations is a must, according to the newly-appointed Managing Director at GELLIFY Middle East Enrique Ortega.
Saudi Arabia based F&B startup, FOODICS raises $20 m
FOODICS, the F&B tech startup based in Saudi Arabia, has announced it has successfully raised US$20 million (SAR 75mil) in a Series B funding round led by Sanabil Investments, a firm wholly owned by Saudi Arabia’s Public Investments Fund, and co-led by STV. Other investors include Endeavor Catalyst, Elm & Derayah.
36% UAE entrepreneurs increased digital marketing activities, says GoDaddy
GoDaddy has released the results of its 2020 Entrepreneur Survey, which revealed that small businesses in the UAE are quite agile in adapting to the trying times of 2020. 36% of UAE entrepreneurs have increased their digital marketing activities to attract more customers.
Virtuzone to accept payments in Bitcoin for business setup in UAE
Virtuzone, a UAE based company formation specialists have announced that they now accept Bitcoin payments for business setup, becoming the first company in the industry to accept the world’s most popular and largest cryptocurrency based on market value.
Zoho in a strategic partnership with Flat6Labs
Zoho has entered into a strategic partnership with Flat6Labs, which will allow startups associated with Flat6Labs to access Zoho’s business applications across any of its six locations; Cairo, Jeddah, Abu Dhabi, Beirut, Bahrain, and Tunis.
Dubai start-up Zbooni raises $5million in ‘Series A’ funding
Zbooni, MENA’s leading digital enabler for SMEs, has announced it has raised $5million in ‘Series A’ funding. The investment, led by a London-based fund, will be used to expand the Zbooni team across its current core markets of UAE, Saudi Arabia and Jordan.
Trend Micro tech start-up pitch-off competition now open
Trend Micro, the leader in cloud security, announced that it has upped the stakes for its annual tech start-up pitch-off competition, the Forward Thinker Award, doubling the first-place cash prize to $20,000.
Ericsson presents a sneak-peek into future workspaces
The Ericsson IndustryLab report, The Dematerialized Office explores the white-collar employee perspective on a potential future reality where digital technology by 2030 could interact with our senses of sight, sound, taste, smell and touch.
Banking and Finance predictions for the year 2021
Miljan Stamenkovic, General Manager of the Middle East and North Africa region at Mambu, shares Mambu’s 2021 banking and finance predictions.
97% of UAE SMBs embrace new digital technologies
According to the study, by the end of 2020, nearly all (97%, compared to the global average of 83%) of SMBs surveyed in UAE had embraced new forms of digital technology to meet changing consumer behaviors.
Qatari startup ADGS develops a tool to battle COVID-19
ADGS, a Qatar-based Deep Technology startup will provide a first of its kind tool in the fight against COVID-19, as the company was founded with the mission to develop algorithms for computers to ethically reproduce human behavior.
Zbooni experiences 600% growth in 2020
Zbooni has announced a record-breaking 2020, with 600% growth in the volume of business across its platform. The business saw the accelerated acquisition of merchants looking for efficient solutions to help start, run and grow their business during what was a turbulent year for many industries.