News
25% of people will spend one hour a day in the metaverse
According to Gartner, by 2026, 25% of people will spend at least one hour a day in the metaverse for work, shopping, education, social and/or entertainment.
Mashreq invests in NymCard
Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the UAE and support the next generation of innovators.
Shipsy raises US$25 million in Series B round
Shipsy, a leading SaaS-based smart logistics management platform provider, has raised US$25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge a...
in5 announces dedicated space to accommodate angel investors, venture capitalists and institutional investors
in5 has announced the introduction of a brand-new dedicated space to accommodate angel investors, venture capitalists and institutional investors at the heart of in5 Tech centre in Dubai Internet City...
Ola Lind appointed as one of the 2022 Ambassadors by GBBC
The Global Blockchain Business Council (GBBC), has announced the appointment of Ola Lind as one of its 2022 Ambassadors. The Global Blockchain Business Council is an organization advancing the adoptio...
EDB and DIB sign a MoU on credit guarantee scheme offered to the SMEs in the UAE
The Emirates Development Bank [EDB] and Dubai Islamic Bank [DIB] have signed a Memorandum of Understanding (MoU) on credit guarantee scheme offered to the small and medium enterprises (SMEs) in the UA...
Slurrp Farm raises $7million in a fresh round of funding
Launched in 2016, children’s millet-based food brand Slurrp Farm has been a pioneer in bringing back the supergrain millet to the centre of plates across India and more recently, the UAE.
Yanmar invests $21m in GetMyBoat
Yanmar Holdings has announced that subsidiary, Yanmar America, has acquired a majority stake in GetMyBoat, the world’s largest boat rental and water experience marketplace, and injected $21m in growth...
Step Conference 2022 opens its doors
Step Conference has opened its 10th edition today in partnership with Dubai Internet City (DIC), the region’s leading hub for tech companies and talent.