Ibtikar Fund announced its investment in Vatrin, a platform leveraging WhatsApp to power commerce for small and medium enterprises (SMEs). This investment round will enable the
Sharakah has come on board with Beehive as a new investor. Sharakah contributes to SME development in Oman and provides finance to support Oman’s vision to diversify the economy.
The Egyptian startup CardoO, specialised in Internet of Things (IoT) devices, has launched its first IoT-Enabled Smartwatch. This step comes shortly after CardoO’s success in closing a seed
Cargoz is a logistics startup that connects SMEs looking for warehousing space with warehousing companies who has extra capacity, like Airbnb but for commercial warehousing and storage, has secured an undisclosed amount in Bridge Funding from Nama Ventures, RAZ
Emirates Development Bank, last week signed a Memorandum of Understanding (MoU) with Paraguay’s Development Finance Agency (Agencia Financiera de Desarrollo, AFD), establishing
A top-level delegation from Ras Al Khaimah Economic Zone (RAKEZ) recently concluded its trip to China, where it effectively engaged with numerous investors across five major cities with the
Khalifa Fund for Enterprise Development has announced that it has signed a Memorandum of Understanding (MoU) with talabat UAE, to support Emirati small and medium enterprises (SMEs)
Schneider Electric has announced that the Schneider Electric Sustainability School is open for enrolment. Free to access, the digital platform provides a range of interactive courses aimed at equipping companies and professionals with the knowledge and skills needed to improve their sustainability performance.
Oman Investment and Finance Company’s Khedmah announced the launch of its new platform ‘Khedmah Pay’ during its participation in COMEX 2023. Aimed at facilitating customer services with digital solutions for e-payments, the platform allows customers at shops to make instant and
Lifemost has raised USD 650,000 in a pre-seed funding round co-led by MENA-focused angel investors. Funds will be spent on further product development and marketing as well as exploring new partnership opportunities in the MENA market.