News
MBRIF opens applications for Cohort 8
Mohammed Bin Rashid Innovation Fund (MBRIF) has announced the commencement of the application period for the eighth cohort of its renowned Innovation Accelerator (IA) program. The registration window ...
Tamara lands $1 billion valuation with $340m Series C funding
Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by se...
UAE-based legaltech startup Clara acquires BOTH Corporate Services
UAE-based legaltech startup Clara, today announced its acquisition of BOTH Corporate Services Limited (BCS), a prominent provider of corporate services in Abu Dhabi Global Market (ADGM). This deal is ...
FinTech startup, Fundbot raises $1.5 million
Fundbot, a FinTech startup that automates corporate lending and payments between banks, buyers, and sellers, has raised a US$1.5 million seed-funding round led by MENA based VC Hambro Perks Oryx Fund,...
TERRA TECH raises $2 million in seed funding round
TERRA TECH closed its seed funding round, raising $2 million from a group of strategic angel investors facilitating the startup’s revenue generation stage – a significant milestone. Terra intend...
Latest round of funding raises Andalusia Labs valuation to over $1 billion
Andalusia Labs, formerly known as RiskHarbor, the global leader in risk management infrastructure for digital assets, has successfully raised $48 million in Series A funding round, positioning the com...
Fawry and Hulul to enhance e-payment services for SMEs
Egypt’s leading e-payment company, Fawry, signed a strategic cooperation agreement with Hulul Company, supported by WideBot, the leading Arabic-focused conversational AI chatbot building platfor...
ESET reveals alarming growth in deceptive Android loan apps
ESET researchers have observed alarming growth in deceptive Android loan apps, which present themselves as legitimate personal loan services, promising quick and easy access to funds. Despite their at...
Zoho launches Zoho Payroll in the UAE
Zoho has launched Zoho Payroll, payroll management software for businesses, in the UAE. The solution allows businesses to streamline payroll management, automate their monthly payroll tasks, and ensur...