News

Logitech launches AI-powered USB conference camera

Logitech announced MeetUp 2, an AI-powered USB conference camera designed for the bring-your-own-device (BYOD) and PC-based setups in the huddles and small meeting rooms. This next-generation camera i...

Egypt-based fintech Thndr announced its entry into UAE

Thndr, the MENA region’s mobile-first investment platform, announced its market entry into the UAE after tasting success in Egypt, where, according to the company, it has become the #1 investmen...

LAfricaMobile raises $4.6m in series A

LAfricaMobile announced that it had raised $4.6 million in its series A fundraising round, which was led by Janngo Capital and supported by several leading investors including the world vice-champions...

UAE’s MoIAT and EDB launches $100 million AI Innovation Program

The Ministry of Industry and Advanced Technology (MoIAT) has announced a partnership with Emirates Development Bank (EDB) to provide a $100 million financing solution for the new AI Innovation Program...

TVM Capital announces closure of Saudi focused TVM Healthcare Afiyah Fund

TVM Capital Healthcare, an international healthcare expansion and growth capital investor, today announced the closing of the TVM Healthcare Afiyah Fund LP at approximately USD 250 million, its second...

Grubtech successsfully raises $15 million

Grubtech, a leading SaaS integration and unified commerce platform that empowers F&B and Quick Commerce enterprises, announced it has raised $15 million in its Series B and Series A extension roun...

GII and Logipoint to create $300 million logistics platform in Saudi Arabia

Gulf Islamic Investments (GII) and Logipoint, a subsidiary of SISCO, have signed an agreement in Jeddah to create a joint venture for a logistics platform providing Grade A warehousing solutions acros...

Proptech platform, Holo funding round oversubscribed

Holo, the largest direct mortgage platform in the Middle East, announces the completion of an oversubscribed funding round. With Series A funding on the horizon, the company, having surpassed targets,...

Mamun and Numa to empower freelancers and creators

Mamun, a crowd-financing platform providing embedded financial services and wealth-building solutions., has announced a strategic partnership with Numa, the leading financial technology company provid...

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