News
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...
Tech Mahindra launches new crowdsourcing platform
Tech Mahindra has announced the launch of Populii, a crowdsourcing platform that enables gig workers to collaborate with leading organisations through micro jobs requiring human-in-the-loop services. ...
Samsung and UNDP announce Climate Hackathon
Samsung Electronics MENA, in partnership with the United Nations Development Programme (UNDP), has announced a regional hackathon to support efforts to tackle climate change and advance sustainable de...