News
EBRD’s Green Star Venture programme to support Jordanian green entrepreneurs
The European Bank for Reconstruction and Development (EBRD) has launched a new programme – Green Star Venture – aimed at enhancing the competitiveness and sustainable growth of Jordanian small and med...
Metaverse economy could be $10 trillion plus, says Citibank
Citi released a new Global Perspectives & Solutions (Citi GPS) report titled Metaverse and Money: Decrypting the Future.
Trojanized DeFi Wallet app stealing cryptocurrency
Kaspersky recently announced that its researchers have uncovered a new malware campaign, using a Trojanized DeFi app delivered by the Lazarus group, against cryptocurrency business. The application co...
PayMint gets seed funding of 7 figures from AUR Fintech
PayMint -the Egypt-based fintech startup- gets seed funding of 7 figures from AUR Fintech- a subsidiary of AUR Capital, to support PayMint’s expansion plan in fintech and SMEs’ financial inclusi...
Rabbit to invest $60 million in Saudi Arabia
Egypt-based quick commerce (q-commerce) platform Rabbit expects to invest $60 million in Saudi Arabia in the next two years following the granting of its licence to operate in the kingdom.
Intella raises $1 million seed financing round
Intella, MENA’s first real-time intelligence provider, has announced a $1 million seed financing round, led by Hala Ventures, with participation from Falak Startups, powered by the Egyptian Ministry o...
ON Market raises $215,000 from regional angel investors
ON Market, an e-grocery marketplace has successfully raised $215,000 from regional angel investors led by Yasser AlGhamdi. The funding will support the startup in expansion across major cities, Cairo,...
Geidea expands its operations into the UAE
Geidea, the largest fintech company in Saudi Arabia by market share, today announced that it has expanded its operations into the United Arab Emirates and will offer an extensive suite of value-added ...
ESET refreshes its business product portfolio for better protection
ESET, has announced a refresh of its line of business products to help organizations of all sizes prevent cybercriminals from playing havoc with their networks. The ESET PROTECT platform has undergone...