Subha Bhargavi
Ibtikar Fund invests in Vatrin
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 and Beehive to help grow SMEs across Oman
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.
SDB to support Saudi’s micro – entrepreneurs
As part of its mission to enhance the Kingdom’s economic development, the Social Development Bank (SDB) has announced the launch of a specialized rehabilitation and training project, under the slogan (#Complete_it_develop_it_and_connect_it_to_the_glob).
CardoO unveils an IoT-enabled smartwatch
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 secures an undisclosed amount in Bridge funding
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
EDB signs MoU with Paraguay’s Development Finance Agency
Emirates Development Bank, last week signed a Memorandum of Understanding (MoU) with Paraguay’s Development Finance Agency (Agencia Financiera de Desarrollo, AFD), establishing
Visa partners with FAB to launch the second edition of its She’s Next initiative
Visa has partnered with First Abu Dhabi Bank (FAB) to launch the second edition of its global She’s Next initiative in the UAE.
RAKEZ highlights RAK’s business potential to chinese investors
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 signs MoU with talabat UAE
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 Sustainability school in now open for all
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.
Khedmah launches ‘Khedmah Pay’
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 raises USD 650,000 in a pre-seed funding
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.