News

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...

Pentagon Games secures $6 million in Seed Funding

Pentagon Games, a pioneering zkEVM Web3 AI-based game publisher, announced that it has secured $6 million in Seed Funding. The company aims to transform the gaming industry by leveraging advanced tech...

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