News
National Bank of Fujairah launches new digital bank account
The National Bank of Fujairah (NBF) has announced the launch of NBF EDGE, a first-of-its-kind digital bank account opening platform designed to streamline and automate processes for businesses, settin...
Egypt’s GlobalCorp partners with MSMEDA to support SMEs
GlobalCorp, a non-banking financial services institution, has signed a cooperation protocol with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) within the framework of government ...
Industry welcomes MBZUAI Summer School graduates
Thirty-eight grade 11 students from across the UAE experienced a glimpse into the power of artificial intelligence (AI) and what a career in the field may look like at the first dedicated summer schoo...
FedEx collaborates with RAKEZ to empower local businesses
Federal Express collaborated with Ras Al Khaimah Economic Zone (RAKEZ) to host a successful strategic breakfast meeting to educate and share insights with over 50 companies in Ras Al Khaimah about log...
Bioniq raises $15M Series B funding round
Bioniq, founded in 2019 and renowned for its personalised supplements based on blood biomarker data, today announced the close of its $15M Series B funding round. Principal Investors HV Capital and Un...
UK-based cybersecurity startup, Tracebit raises $5m in seed round
UK-based cloud threat detection and deception platform Tracebit has successfully raised $5 million in a seed funding round led by Accel and Tapestry VC. The round also saw participation from angel inv...
Innovate Africa launches $2.5mln Angel Fund for early-stage startups
Innovate Africa, an angel investment fund that supports early-stage founders in funding life-changing ideas, taking startups from conception to product and financing innovative ventures, has launched ...
Leading Mexican Fintech OCN raises $86 million in Series A
OCN (formerly “OneCarNow”), the leading Fintech for gig workers across the Americas, announces an $86 million Series A fund raise – comprising equity and debt – in a major endorsement for ...
BankDhofar continues its support to Omani SMEs
BankDhofar is taking substantial steps to support the SME sector that will help boost the economic prosperity of the state and individuals alike. The bank’s SME Business Banking account is currently s...