News

Dubai Silicon Oasis awarded Global Free Zone of the Year for SMEs

Dubai Silicon Oasis (DSO), the economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), has received four accolades from Financial Times’ ...

Mastercard partners with SiFi to bolster SMEs in Saudi Arabia

Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in Saudi Arabia with a range of innovative offering...

Wa’ed Ventures funded Democrance expands into Saudi Arabia

Democrance today announced a bold expansion strategy in the Kingdom of Saudi Arabia following the launch of the company’s Riyadh HQ.

Nomad Homes raises $20 million to fuel growth

Nomad Homes today announced that it has closed a $20 million Series A extension round led by Acrew Capital, a multi-stage venture fund based in the Bay Area that has invested in companies such as Chim...

Octave Asset Management enters UAE’s Asset Management market

Octave Asset Management (OAM), a prominent investment advisory firm, has officially established its presence by acquiring a license to operate from the Dubai International Financial Centre (DIFC). Wit...

Dubai based Belong raises $1.5 million pre-Series A round

Belong, the Dubai-born social app has announced a further $1.5 million in funding to improve its offerings and scale up its user base, bringing the total capital raised to $3.5 million. The company wi...

Dubai based startup, Oasis Defender launches AI-driven SaaS solution

Oasis Defender, a UAE-based startup, is advancing multi-cloud security with its AI-driven SaaS solution for cloud network security, designed for unified visualization and configuration across multiple...

Egyptian edtech startup, Crafty Workshop secures $400,000 in seed funding

Egyptian edtech startup, Crafty Workshop has successfully secured a Seed funding round of $400,000, led by EdVentures. Founded in 2019 by Hadeer Shalaby and Amgad Moustafa, Crafty Workshop is a leadin...

Dubai-based startup Neo Mobility attracts $10mln in seed funding

Neo Mobility (Neo), the first all-electric last-mile logistics, mobility and infrastructure company, has announced the launch of its innovative last-mile logistics solutions in the UAE after the succe...

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