News
CoinMENA partners with Beyon Money
CoinMENA, a digital assets exchange based in Bahrain, announced it has partnered with Beyon Money, a financial service super app powered by Batelco Financial Services, to give users across the Kingdom...
Abu Dhabi based twofour54 launches Virtual Studios
twofour54, the Abu Dhabi-based media, entertainment, and gaming hub, has announced that it is expanding its world-class production facilities through pioneering Virtual Solutions. Launched in partners...
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,...