News
MyZoi launches its first inclusive digital wallet in UAE
myZoi, an innovative fintech focused on financial inclusion and financial literacy for the underbanked, has launched the first inclusive digital wallet. This follows a successful $14 million fundraisi...
PayTabs and Digital Haze to drive growth and innovation
PayTabs Group has partnered with Digital Haze to empower business operations across the Levant region by providing data-driven insights and intelligence to elevate their e-commerce business and digita...
aiXplain raises $6.5 million in pre-Series A led by Wa’ed Ventures
aiXplain announced a $6.5M pre-Series A round to simplify the process of building AI agents and globalize the impact of AI innovation. Wa’ed Ventures, a $500 million Saudi Arabian venture capital fund...
Khalifa Fund launches funding programmes to support startups
Khalifa Fund for Enterprise Development has launched a new suite of funding programmes targeting licensed Emirati startups in priority sectors. The interest-free, long-term loans range from AED150,000...
Hamdan Foundation and Emirates Inventors Association join forces
Dr. Khalifa Al Suwaidi, Secretary-General and CEO of Hamdan Bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, received a delegation from the Emirates Inventors Association, led by...
Gulf Islamic Investments invests in GEMS Education
Gulf Islamic Investments group (GII) has concluded its funding arrangements in a consortium led by Brookfield Asset Management Ltd., through its Special Investments (“BSI”) and Middle East private equ...
Vertical farming startup Plenty forms $680 million JV with UAE’s Mawarid
Plenty Unlimited Inc. and Mawarid Holding Investment, a subsidiary of Alpha Dhabi Holding, have entered into an exclusive, multi-year, region-wide partnership to bring locally grown fresh produce to c...
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 ...