News
ISSF invests $5mln in Saqr Fund II
Innovative Startups & SMES Fund (ISSF) has announced a $5 million investment in Vision Ventures’ Saqr Fund II. Saqr Fund II aims to support early-stage startups through pre-seed, seed, serie...
MBRIF partners with Wio Bank
The Mohammed Bin Rashid Innovation Fund (MBRIF) has partnered with Wio Bank to provide MBRIF members with exclusive benefits through Wio Bank’s tailored digital banking solutions.
Geidea to launch its innovative SoftPos service in Egypt
Geidea is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s ...
Egypt’s AAIB raises $500 million to support climate finance and boost MSMEs
Arab African International Bank (AAIB) issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Inve...
NextGen FDI Program and Continuous Ventures to support the UAE’s startups
The Ministry of Economy has announced that Continuous Ventures, an Ireland-based venture capital firm and accelerator specialising in supporting high-potential startups in the tech space, has become a...
Halcyon raises $100M in Series C round at $1 billion valuation
Halcyon has closed $100M in Series C funding led by Evolution Equity Partners with participation from Bain Capital Ventures (BCV), SYN Ventures, Harmony Group, Corner Capital Management, Dropbox Ventu...
Watercycle Technologies closes $5.6 million Series A investment round led by Par Equity
Watercycle Technologies announced the closure of a $5.6 million Series A investment round led by Par Equity as part of a syndicate with Greater Manchester Combined Authority, Aer Ventures and the Univ...
Bahrain hosts 9th MENA Angel Investment Summit 2024
Tenmou organized the MENA Angel Investment Summit 2024, which launched its ninth edition on Sunday at Wyndham Grand Manama. Held in collaboration with Tamkeen, AlJabr MENA, Aluminum Bahrain (Alba), an...
AstroLabs releases guide for Saudi construction industry
AstroLabs has released its latest guidebook to empower construction companies to fast-track their market entry to Saudi Arabia. Over the last decade, construction has experienced sustained growth and ...