News

Egyptian fintech, Opay wins the Best new POS payment service provider award

Egypt’s leading fintech company, OPay today announced that it has won the ‘Best New Point-Of-Sale Payment Service Provider,’ award from at an award ceremony in Dubai, UAE organised b...

Masdar City and MBRIF in partnership to cultivate entrepreneurship

Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) entered into an strategic partnership to cultivate entrepreneurship and economic development that will extend the support to innovative ...

InstaDeep raises $100 M in Series B

InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems has raised $100M and closed a Series B round led by Alpha Intelligence Capital together with CDIB. And the ot...

9% corporate tax on its way in the UAE

The UAE will introduce a federal Corporate Tax on business profits effective for financial years starting on or after 1 June 2023. The UAE Corporate Tax regime has been designed to incorporate best pr...

Fawry Accept cashless transactions exceeds EGP 6 bln in 2021

Fawry for Banking and Electronic Payment Technology has been leading the digital payments scene in the Egypt, and the company experienced the success of its e-payment gateway, Fawry Accept is credited...

Mental health technology startup, Takalam raises $1 million

Since its launch less than two years ago, the UAE based mental health technology startup, Takalam has grown rapidly propelled by an increased demand for behavioral health care services during the COVI...

MENA region attracts funding of $2.87 billion in 2021

According to a latest study by Wamda, the year 2021 saw several records broken that included the largest funding round to date, the highest number of deals, and the arrival of Softbank and Sequoia Cap...

Canon partners with UN Women to promote entrepreneurship

During a three-day virtual workshop, twelve participants discussed their interest in exploring social and environmental topics that are important to them individually and to their communities.

Step Conference celebrates a decade of entrepreneurship and innovation

Step Conference celebrates a decade of inspiring entrepreneurship, enabling innovation and producing economic value in the region. Organised in strategic partnership with Dubai Internet City, the mile...

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