News
Finance House to offer real-time payment services in the UAE
Finance House has signed a first-of-a-kind agreement with Global Software Solutions Group to offer real-time payment services in the UAE. This partnership will contribute to further shaping the UAE’s ...
Phoenix Technology introduces MicroBT mining equipment in the region
Phoenix Technology, one of the leading cryptocurrency mining hardware retailers in the region and part of the wider Phoenix Group of companies, announced today that it has entered a strategic, exclusi...
World’s first collection of Bahraini pearl jewellery to be sold as NFTs
Leena Al Ayoobi and My Gold Souq have collaborated to create the world’s first collection of Bahraini pearl jewellery that will be sold as NFTs. The technical aspects of the project were managed...
Cloudflare’s Workers Launchpad grows to $2 billion
Cloudflare has announced the Workers Launchpad Funding Programme has grown to $ two billion for potential investment in startups building on Cloudflare Workers, an increase of 14 partners and $750 mil...
MENA fintech hubs must build on billion-dollar momentum
The GCC has cemented its position on the map as a center for financial technology (fintech) in recent years. But the region cannot afford to rest on its laurels and must build on the momentum by encou...
baraka raises $20 million Series A
baraka, the Middle East’s leading platform for commission-free investing has announced it has closed a $20 million Series A round, led by Valar Ventures. baraka marks the first regional investme...
OurCrowd expands into UAE and launches global AI hub in Abu Dhabi
OurCrowd, Israel’s most active venture firm, is to significantly expand its Abu Dhabi operations with a new venture capital (VC) office and Artificial Intelligence (AI) tech hub enabled by the A...
Moroccan startup, WafR successfully raises new funding
WafR, an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel, announced today that it has raised $120k from First C...
Green Future Project joins Hub71 to accelerate access to sustainable solutions
Green Future Project will contribute to Abu Dhabi’s sustainability efforts by enabling greater access to effective climate solutions for companies as well as individuals across the world from Hu...