Subha Bhargavi

Government of Sharjah replaces appreciation plaques with NFT

Ericsson and Batelco, part of the Beyon Group, have successfully deployed Ericsson Customer Acceptance platform, an enterprise blockchain-based solution for the automated collection of acceptance records upon fulfillment of agreed project deliverables. Batelco is the first telecommunication service provider to deploy the solution.

Government of Sharjah replaces appreciation plaques with NFT

The Higher Committee of the Government of Sharjah at GITEX Global 2022 honoured participants, supporting entities, departments, and media outlets for their contribution to the success of Sharjah’s participation in the global event.

Hotdesk expands into Europe

Hotdesk, the global on-demand workspace booking platform, that provides instant access to co-working spaces at the click of a button, has announced its expansion into Europe, with the acquisition of Spanish-based co-working app, YADO.

ZoodPay partners with Mastercard to expand financial and digital inclusion

ZoodPay has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region. This collaboration will expand financial and digital inclusion, benefiting the underbanked population and those with no credit data or limited access to finance.

MoneyGram and BOTIM spearhead financial inclusion

MoneyGram International has announced a strategic partnership with Astra Tech (Astra). Through its innovative partnership with MoneyGram, Astra will deliver BOTIM’s 90-plus million registered users a simplified experience and the first communications platform in the region with seamless international transactions that take place in a matter of seconds, in real-time, and across 200 countries and te...

Demand for flexi desks on the rise

As the UAE market rivals some of the world’s most prominent business centres, there is a strong demand for flexi desks and co-working spaces across the emirates, especially at prime locations, according to a report by Ascent Partners.

Broadhill Capital commits equity investment of USD $15 billion

Broadhill Capital has announced that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses. “We expect to make non-control equity investments into businesses that have the potential to achieve 5-10x revenue growth with our capital commitment,” stated

SRTIP launches networking activities on Meetup

The Sharjah Research, Technology and Innovation Park (SRTIP) has launched networking activities on Meetup, the app that brings together people of shared tastes and preferences to create groups to hang out in real life.

Wafeq completes $3 million seed round

Wafeq has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are two of the most prominent names in the region’s early-stage funding ecosystem.

Terra Drone closes a $14 million bridge round

Terra Drone, the Japan-based leading drone and Urban Air Mobility technology (UAM), announces closing a $14 million bridge round led by Wa’ed Ventures, the Kingdom-focused venture capital arm of Aramco.

African tech ecosystem growing faster despite the global VC downturn

Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state of the ecosystem, revealed that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally.

PASQAL secures $108 million equity Series B funding

PASQAL has announced it has secured a $108 million equity Series B raise led by new investor Temasek, a global investment company headquartered in Singapore. Other new investors include the European Innovation Council (EIC) Fund, Wa’ed Ventures and Bpifrance, through its Large Venture Fund. Continuing investors include Quantonation, the Defense Innovation Fund, Daphni and Eni Next.

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