News
Two UAE-based teachers launch Edfundo app
Two UAE-based teachers have fused EdTech with FinTech to create the first financial intelligence hub, complete with a learning resource and a smart money management app built by educators to nurture m...
Mastercard announces the inaugural Women SME Leaders Awards 2022
Mastercard has announced the inaugural Women SME Leaders Awards 2022, the first initiative of its kind to recognize and further empower women-owned and run SMEs in the Middle East and Africa.
Zoom Events launches at the Expo
Zoom Events has launched Expo, an interactive virtual event platform, as part of their license. This platform allows for an added immersive aspect to virtual events, making it feel like an in-person e...
Etisalat announces the winners of the second ‘SMB Awards 2021’
Etisalat announced the winners of the second ‘SMB Awards 2021’ in a grand gala event to recognise and celebrate the outstanding achievements of small and medium businesses (SMBs) in the UAE.
GFH Financial Group launches $100 million sukuk fund
GFH Financial Group (GFH) has announced that is has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk following signing agreement with Credit Suisse to provide...
Microsoft for startup’s GrowthX Accelerator program applications set to close on 22 February
Microsoft today urged startups from Africa, the Middle East, Turkey and Pakistan to act quickly and register for its highly successful GrowthX Accelerator program before the 22 February deadline, as a...
FlexxPay onboards its 100th customer and enrolls its 15,000th employee on its app
FlexxPay has onboarded its 100th customer and enrolled its 15,000th employee on its app. The milestone moment is a significant step in demonstrating the popularity and successful implementation of Fle...
Nuwa Capital participates in a $1.6M pre-seed round of Saudi-based EdfaPay
Nuwa Capital announced its latest investment in Saudi Arabia, through its participation in a $1.6M (SAR 6M) pre-seed round of Saudi-based fintech company EdfaPay. The round was co-led by Wallan Invest...
Cryptocurrency laundering amounts to $8.6 billion in 2021
A new research by Chainalysis, the blockchain data platform, has revealed that the amount of cryptocurrency laundered by cybercriminals increased by a staggering 30% year-on-year over 2020, amounting ...