News
Saudi tops venture capital funding in the MENA region
The “2024-H1 Saudi Arabia Venture Capital Report” revealed that Saudi Arabia maintained its first rank across MENA in terms of Venture Capital funding in the first half of 2024, witnessing...
ISSF Jordan invests $5 million in Global Ventures’ Fund III
The Innovative Startups and SMEs Fund (ISSF), Jordan’s largest investment fund of its kind, announced a USD 5 million investment in Global Ventures’ Fund III. A leading venture capital firm focu...
DUBAL Holding acquires stake in BioD Technology
DUBAL Holding announced that it has acquired a stake in BioD Technology, the leading biodiesel manufacturer in the GCC. This strategic partnership is set to propel the UAE’s position in the global gre...
Payment security key to winning consumer loyalty in MENA
The adoption of digital commerce in MENA has skyrocketed over the past few years. Countries that were once deeply attached to cash and physical transactions have shot to digital maturity in just a few...
UAE’s spend management platform Pluto ranks #1 in EMEA
Pluto, the UAE home-grown end-to-end spend management platform, has been ranked number 1 in the Procure-To-Pay Solutions category within EMEA and among the top 10 globally for both Enterprise and SMB ...
Fintech for a Future Accelerator now open for applications in Egypt
Regional impact-centered accelerator Changelabs brings its flagship MENA Fintech Accelerator to Egypt for the first time and announced that the applications are now open for the Fintech for a Future A...
Mitgo Group to invest $20 million in its fintech arm Capy
Mitgo Group, has made the first tranche of investment in its recently launched fintech business, Capy. This investment will be the initial step in a 20 million dollar investment package planned for th...
AstroLabs enables MyAlice to expand into Saudi Arabia
MyAlice, a leading omnichannel customer support and engagement solution provider, has expanded operations to Saudi Arabia with the help of AstroLabs, the Gulf’s leading expansion platform and launched...
Open Startup invites applications for $50,000 pre-seed accelerator program
Open Startup (OST) continues its commitment to growing the African startup ecosystem with a call for applications for the OST Program. Developed in collaboration with Columbia Engineering and Columbia...