News
Seven InsurTech startups join the Global Insurance Accelerator program
The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based mentor-driven business accelerator focused on fostering innovation in the insurance industry, is thrilled to announce the ninth cohort ...
Team from Jordan wins the Huawei ICT Competition Middle East 2022
The winners of the Huawei ICT Competition Middle East 2022 were announced yesterday at a closing ceremony in Muscat, Oman. The Jordan team comprising students Hamzah Al-Zubaidi and Aws Al-Rayya from P...
Students team from Egypt & Kuwait placed TOP-3 in Kaspersky Secur’IT Cup
Following the final round of the international Kaspersky Secur’IT Cup student competition on 14 December, the team of students from Egypt and Kuwait placed 3rd overall. This year, more than 1,500 stud...
Bayzat raises $25 million in Series C Round led by DisruptAD
Bayzat, the region’s leading employee benefits platform, has successfully closed a Series C funding round, raising $25 million. The funding round was led by DisruptAD, ADQ’s venture platform, alongsid...
Sustainability under spotlight at Sharjah Entrepreneurship Festival
Sustainability was among the major topics highlighted at the sixth edition of the Sharjah Entrepreneurship Festival (SEF) 2022, and supported by the Sustainability and Innovation Zone powered by Sharj...
Fawry offers e-payment services to Classera customers in Egypt
Fawry has signed a strategic partnership with Classera, a leader in teaching and distance learning technology, to enhance e-payment services and integrate the digital payment solutions of Fawry and Cl...
25,000 Emirati women entrepreneurs valued at AED 60 billion in the UAE
A recent survey conducted by NAMA Women Advancement, in partnership with UN Women, found that 77.6% of women-owned businesses (WOB) in the UAE are led by those under the age of 40.
Fintech Galaxy acquires Egyptian Open Banking platform, Underlie
UAE-based Fintech Galaxy, the first Central Bank-regulated Open Finance platform in the Middle East, announced the acquisition of Underlie, an Egypt-based Open Banking platform offering APIs to banks ...
French Startup Sonio raises €10M through the European Innovation Council Accelerator
Sonio announces a €10M fundraising through the European Innovation Council Accelerator, the leading fund in supporting European deep-tech companies. For this cohort, among 1092 projects submitted, onl...