News
Oman’s Ahlibank support SMEs through Ramadan Souq initiative
For the second year in a row, ahlibank, a leading financial institution in the Sultanate of Oman, recently held its Ramadan Souq initiative in collaboration with the SMEs Development Authority (Riyada...
Egyptian AI-powered edtech Sprints raises $3 million
Egyptian AI-powered edtech, Sprints.ai announced a $3 million bridge fundraising round, with investments from EdVentures and CFYE, among other investors.
Dubai International Chamber attracts growing number of SMEs
Dubai International Chamber has revealed that 32% of the total small and medium-sized enterprises (SMEs) attracted to Dubai in 2023 were from the Middle East and Eurasia, with Asia and Australia close...
Egypt launches Govtech Innovation Lab to empower startups
Egypt’s Ministry of Communications and Information Technology has launched the “Govtech Innovation Lab” initiative to empower innovative startups interested in government technology and improve ...
Alaan and Visa to help drive the cashless agenda of UAE and KSA
Alaan, UAE’s fastest-growing corporate card solution, and Visa, a world leader in digital payments, announced a landmark five-year deal to digitize expense management processes for businesses in UAE a...
Mamun concludes Oman’s first equity crowdfunding campaign with Zameeli
Mamun has successfully concluded a historic equity crowdfunding campaign for Zameeli, an innovative platform connecting Omani freelancers with SMEs. This marks a significant achievement for Zameeli, w...
IOTA Foundation launches $10m investment fund
Abu Dhabi-based IOTA announced the launch of a new investment fund valued at $10 million by the IOTA Ecosystem DLT Foundation during Investopedia 2024 to promote the development of TradeTech solutions...
Seef Properties signs MoU with Export Bahrain to support SMEs
Seef Properties signed an MOU with Export Bahrain to support Small and Medium Enterprises (SMEs) in the Kingdom. A significant milestone in their ongoing cooperation, the strategic project will levera...
Ahlan app secures $3 million funding led by Hope Ventures
Bahraini loyalty program Ahlan App has successfully secured $3 million in funding, taking the company’s valuation to $15 million. Hope Ventures led the round, which was fully subscribed to and f...