News

UnaFinancial seeks $15 million to launch finance app in UAE

UnaFinancial, an international fintech group of companies, is seeking to raise up to $15 million to launch a finance app in the UAE in 2024. The service will address the spending, investing and borrow...

Cisco and Bang & Olufsen launches new wireless earbuds for secure hybrid work

Cisco and Bang & Olufsen today unveiled new true wireless earbuds built with enterprise-grade features customized for professionals on-the-go. Furthering their partnership to provide customers wit...

Dubai Future Foundation opens applications for Dubai Future Experts Program

Dubai Future Foundation (DFF) has opened applications for the fourth batch of the Dubai Future Experts Program which prepares and equips national talents with skills and tools for designing the future...

Saudi-based proptech, Ejari secures $1 million funding

Saudi-based proptech, Ejari announced the closing of a $1 million (SAR 3.75 million) Pre-Seed round led by Hambro Perks’ Oryx Fund and Sanabil 500 MENA Fund, in addition to the participation of ...

Invest AD launches Invest AD Blackstone Private Debt Fund

Abu Dhabi Investment Company (Invest AD) announced the launch of the Invest AD Blackstone Private Debt Fund, an SCA regulated fund which will offer local feeder access to Blackstone’s U.S. and Europea...

SVC invests $10mln in Ruya Partners private credit fund

Saudi Venture Capital (SVC) announced its investment of $10 million in “Ruya Private Capital I LP,” a private credit fund managed by Ruya Partners. The fund will focus on providing capital solutions i...

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.

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