News
Mastercard partners with EazyPay
Mastercard has partnered with Bahrain’s Eazy Financial Services (EazyPay) that will now be powered by Mastercard Payment Gateway Services (MPGS).
11 startups selected for cohort 3 of ASIP accelerator program
Africa’s tech Accelerator, Startupbootcamp AfriTech, together with founding Telecel Group have selected the participants of the much-coveted Accelerator Program, the Africa Startup Initiative Pr...
Alma Health expands exponentially
Alma Health is set to become the leading digital healthcare provider in the region after undergoing exponential growth in 2022, growing its revenue by 11 folds in the span of one year.
IBF Net launches Shariah-compliant metaverse on the Algorand blockchain
IBF Net has launched Netverse (www.ntvr.se), the world’s first metaverse on the Algorand blockchain, which is also the world’s first Shariah-compliant metaverse on any blockchain. Netverse is expected...
NBQ partners with UAQ Chamber of Commerce and Industry to spur entrepreneurship
The National Bank of Umm Al Quwain (NBQ) has announced the signing of a Memorandum of Understanding (MOU) with the UAQ Chamber of Commerce and Industry to enhance joint cooperation in local entreprene...
Pine Labs enters UAE market
Pine Labs has announced that it has entered the United Arab Emirates (UAE) market. Pine Labs will partner with local banks and financial institutions in the region to help them serve their merchant pa...
Tabby raises $58 million in its Series C round
Tabby has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures, and Endeavor Catalyst in a Series C round which values the company at $660 m...
Masdar City strengthens its position as the hub for AI and clean energy startups
A new partnership between Masdar City, Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), and The Catalyst, the region’s first clean technology startup accelerator, aims to drive the gr...
Egyptian gaming platform, GBarena acquires Tunisia’s Galactech for $15 million
GBarena, the leading Middle East esports platform, announced an agreement to acquire Tunisia-based Galactech, the gaming leader in North Africa alongside a significant presence in the GCC. The transac...