News
Hotdesk expands into Europe
Hotdesk, the global on-demand workspace booking platform, that provides instant access to co-working spaces at the click of a button, has announced its expansion into Europe, with the acquisition of S...
ZoodPay partners with Mastercard to expand financial and digital inclusion
ZoodPay has entered into a strategic partnership with Mastercard to launch the first-of-its-kind prepaid virtual installment card in the Eastern Europe, Middle East, and Africa (EEMEA) region. This co...
MoneyGram and BOTIM spearhead financial inclusion
MoneyGram International has announced a strategic partnership with Astra Tech (Astra). Through its innovative partnership with MoneyGram, Astra will deliver BOTIM’s 90-plus million registered users a ...
Demand for flexi desks on the rise
As the UAE market rivals some of the world’s most prominent business centres, there is a strong demand for flexi desks and co-working spaces across the emirates, especially at prime locations, accordi...
Broadhill Capital commits equity investment of USD $15 billion
Broadhill Capital has announced that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses. “We expect to make non-control equity investment...
SRTIP launches networking activities on Meetup
The Sharjah Research, Technology and Innovation Park (SRTIP) has launched networking activities on Meetup, the app that brings together people of shared tastes and preferences to create groups to hang...
Wafeq completes $3 million seed round
Wafeq has announced the completion of its $3 million seed round. The Dubai headquartered company’s seed round was led by Raed Ventures and saw participation from Wamda Capital, both of which are...
Terra Drone closes a $14 million bridge round
Terra Drone, the Japan-based leading drone and Urban Air Mobility technology (UAM), announces closing a $14 million bridge round led by Wa’ed Ventures, the Kingdom-focused venture capital arm of Aramc...
UAE reduces fees for 14 services to attract and support entrepreneurship and SMEs
The Ministry of Industry and Advanced Technology (MoIAT) has reduced the fees for 14 main and sub services and waived the fee for one service as of January 1, 2023. The move aligns with the objectives...