News
Dubai based IFZA sponsors Smart Cities Week APAC 2024
IFZA sponsored the Smart Cities Council’s (SCC’s) inaugural Smart Cities Week APAC event held at the Stamford Plaza Adelaide, Australia. This sponsorship is part of IFZA’s ongoing partnership with the...
Saudi Arabia’s PIF partners with Concacaf to further elevate football
PIF and Concacaf have announced today a multi-year partnership that will support their shared ambition to grow football at every level in North America, Central America, and the Caribbean.
UAE-based fintech Yuze raises $30 million investment
In a significant move for the fintech landscape in the United Arab Emirates, the UAE-based startup Yuze has successfully raised $30 million in a recent investment round led by Osten Investments.
Egyptian fintech Lucky ONE raises $3 million
Lucky ONE, a Cairo-based consumer credit fintech, has successfully secured $3 million in a convertible note to help the company achieve profitability by the first quarter of 2025. The investment round...
South African startup Open Access Energy secures $750,000
Open Access Energy (OAE), a South African startup specialising in energy management software, has significantly boosted its operations. The company successfully raised $750,000 from Factor E Ventures,...
Tether invests $3 million in Kuwaiti fintech Kem
Kem, the fastest-growing P2P payment app in Kuwait, has received a $3 million investment from Tether, the largest company in the digital asset industry. This landmark deal is set to improve regional a...
VeriEstate unveils its all-in-one property assessment platform
VeriEstate, a Dubai-based proptech startup, is set to transform the real estate industry with its innovative all-in-one property assessment platform with an aim to become a one-stop solution for all a...
Student initiative at AUS turns into thriving business
What started as a student-led initiative at the American University of Sharjah (AUS) has blossomed into a successful entrepreneurial social business named Bulbul, offering practical Arabic language cl...
TWLM secures $270,000 in funding to accelerate growth
TWLM, a pioneering Saudi Arabia-based food pick-up application, has successfully raised $270,000 in its latest funding round, led by B Group and with additional contributions from a cohort of angel in...