News

Shorooq Partners officially launches the second edition of Bedaya Fund II

Shorooq Partners has officially launched the second edition of its seed stage-focused fund, Bedaya Fund II, targeting a fund size of $150 million. Bedaya Fund II is a continuation of the same strategy...

MBZUAI celebrates the graduation of 41 participants from its inaugural executive program

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), celebrated the graduation of 41 participants from its inaugural Executive Program comprised of leaders from government and business th...

Ma’an enters into a three-year partnership with startAD

The Authority of Social Contribution – Ma’an has entered into a three-year partnership with startAD, the Abu Dhabi-based accelerator powered by Tamkeen and anchored at NYU Abu Dhabi to further a...

Arib successfully raises $2.3M in its latest funding round

KSA-based FinTech and digital broker for personal loans in Saudi Arabia, Arib has successfully raised $2.3M in its latest funding round. The SEED round was led by Merak Capital, an investment firm foc...

Egypt’s national banks join hands to launch MEA focused fintech fund

Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire – and Global Ventures, a leading MEA-focused venture capital firm – announced the launch of ...

Flashy secures $400,000 pre-seed funding

Dubai based visual content SaaS platform, www.flashy.ae, the first sophisticated AI-powered content solution tailor-made for brands across MENA, has secured pre-seed funding with the support of region...

Entrepreneur and NFT artist Maya Hamad to use her NFT art collections for the greater good

More recently, since 2014, NFTs (or Non-Fungible Tokens) have been one of the most valuable crypto assets to invest in, and the numbers have shown remarkable results. According to nonfungible.com, the...

Cashee and Visa partner to launch a series of educational workshops in schools across the UAE

In partnership with Cashee, Visa has launched a series of educational workshops in schools across the UAE, equipping educators with the curriculum to strengthen students’ financial literacy.

SHUAA Capital completes strategic investment in Souqalmal

SHUAA Capital psc has successfully completed a strategic investment in UAE-based fintech, Souqalmal (the “Company”). The investment will provide growth capital, allowing Souqalmal to execute on an amb...

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