News
ChequeScore app launched to reduce the number of bounced cheques in the UAE
UAE’s Al Etihad Credit Bureau (AECB) announced the launch of ChequeScore, an innovative mobile application that allows both businesses and individuals to instantly know how likely a cheque issue...
OPay Group targets major expansion
OPay with 160 million active users currently generating around $3 billion in monthly transactions is one of the leading mobile payment service provider in Egypt. The company had successfully raised an...
Islamic Fintech startup IMAN, closes $1million in seed funding
An Islamic Fintech startup IMAN, closes $1million in seed funding to introduce a new financial product that is Shariah-compliant in Muslim markets. The new platform uses technology to democratize acce...
PepsiCo’s Greenhouse Accelerator selects 10 startups
PepsiCo has announced the 10 companies selected for the first MENA edition of the Greenhouse Accelerator programme following a rigorous multi-stage judging process. The programme was launched in partn...
Nabta Health closes $1.5mln in funding
Nabta Health, the Middle East’s only hybrid healthcare platform dedicated to elective, preventive women’s healthcare, has raised $1.5 million in a new angel investment round.
UAE-based Unicorn EMPG invests in Pakistani co-working startup Daftarkhwan
Regional classifieds giant, Emerging Markets Property Group (EMPG) has invested seed capital in Daftarkhwan, a Pakistani startup for co-working spaces. EMPG owns and operates a staggering 10 brands ac...
Foxconn partners with XRSPACE to create global metaverse ecosystem
Hon Hai Technology Group (Foxconn), has announced the signing of an MoU with XRSPACE, the company pioneering the next generation of visual reality through VR in the metaverse. Foxconn will both partne...
Facilio raises $35 million in Series B financing
Facilio, the property operations software platform leader, today announced it has raised $35 million in Series B financing led by Dragoneer Investment Group with participation from Brookfield Growth a...
Zoom and Deutsche Telekom partner to launch Zoom X
Zoom Video Communications and Deutsche Telekom are strengthening their existing partnership with a jointly developed product, specifically tailored for the German market. Zoom X powered by Deutsche Te...