My Startup World Staff

Dubai bets on the future

Dubai Future District Fund (DFDF) hosted its first annual general meeting today to discuss technology’s increasingly prominent role in Dubai’s economy. It was held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai,

Hub71 represented over 200 startups in 2022

Hub71 increased its community by 102 percent to more than 200 startups in 2022 with 51 new early-stage companies relocating to the UAE’s capital to scale exponentially. By the end of 2022, Hub71 had onboarded startups that have raised almost AED 4.5 billion (US$1.2 billion) collectively in venture capital and created more than 900 jobs since its inception.

Hackers stealing cryptocurrency funds using trojanized Telegram and WhatsApp

ESET researchers have discovered dozens of copycat Telegram and WhatsApp websites targeting mainly Android and Windows users with trojanized versions of these instant messaging apps. Most of the malicious apps we identified are clippers

Challenges and opportunities for the startups in East Africa

The lack of access to investors, the reliance on international VCs and global recessions trends are perceived as threats by respectively 59%, 56% and 55% of respondents; 28% of respondents indicated that covid 19 had slowed down investment across the East African start-up landscape,

J.P. Morgan to acquire Aumni

J.P. Morgan today that it has entered into a definitive agreement to acquire Aumni, a leading provider of investment analytics software to the venture capital industry. Financial terms of the transaction were not disclosed and closing is expected in the first half of 2023.

Visa’s Akshay Chopra joins MENA Fintech Association advisory board

MENA Fintech Association (MFTA), a leading industry association for fintech in the Middle East and North Africa (MENA) region, announced that Akshay Chopra, Vice President, Head of Innovation & Design, CEMEA (Central & Eastern Europe, ME & Africa) at Visa,

US based incubator, Halcyon hosts mission-driven startups in Abu Dhabi

US-based incubator, Halcyon concluded a week-long programme in Abu Dhabi this week with a cohort of 28 founders representing the region’s most promising impact-driven businesses. This year’s cohort marks the second year of Halcyon’s Middle East and North Africa (MENA) Fellowship,

Paymob partners with IKEA Egypt to transform checkout process

Paymob and IKEA Egypt, a member of Al Futtaim group of companies, announce their partnership that will will transform the checkout experience for IKEA customers in Egypt by introducing new innovative payment methods such as digital wallets, bank-offered easy payment plans (EPP)

Visa to co-host Dubai FinTech Summit

The Dubai FinTech Summit welcomes Visa as a co-host sponsor for the two-day event taking place on 8 and 9 May this year. The summit is organised by DIFC and will take place at Madinat Jumeirah in Dubai that is expected to bring together 5,000 global FinTech and technology experts providing them

TikTok refreshes its Community Guidelines for more safety

TikTok has refreshed its Community Guidelines, reaffirming its commitment to safety. TikTok’s Community Guidelines are the rules and standards for being part of the TikTok community which apply to everyone and everything on the platform.

Nominations open to secure rent free space for F&B entrepreneurs at Al Mamsha in Sharjah

Sharjah Entrepreneurship Center (Sheraa) has unveiled its latest initiative aimed at bolstering the startup ecosystem in the UAE. In a partnership with Alef Group’s pioneering urban project, Al Mamsha, Sheraa is providing selected F&B startups and SMBs with an exceptional opportunity

Cisco introduces more security to Webex platform with audio watermarking

Cisco has introduced new audio watermarking features to its Webex collaboration platform, providing organizations in the Middle East with greater assurance as they navigate complex hybrid work environments and prioritize insider threat prevention.

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