News
LG Electronics introduces smart collaboration display for hybrid working
With hybrid working environments now more prevalent than ever and demand for effective collaboration solutions on the rise, LG Electronics has introduced its smart collaboration display, the LG One:Qu...
stc pay addresses Fintech and innovation at LEAP
stc pay, MENA’s largest digital wallet and a leading regional operator in fintech providing innovative and secure digital financial services, will be one of the main participants at this year’s LEAP 2...
National Bank of Fujairah launches new accounts for SMEs and startups
National Bank of Fujairah (NBF) announced today the launch of the NBF Lite Bank Account to provide the benefits of digital banking solutions to startups and SMEs in the UAE. The new offering is design...
Dubai plans to attract 300 digital startups
The Board of Directors of Dubai Chamber of Digital Economy held its first meeting of 2022 recently, where members approved its strategy for the 2022-2024 period to enhance digital business infrastruct...
Egyptian fintech, Opay wins the Best new POS payment service provider award
Egypt’s leading fintech company, OPay today announced that it has won the ‘Best New Point-Of-Sale Payment Service Provider,’ award from at an award ceremony in Dubai, UAE organised b...
Masdar City and MBRIF in partnership to cultivate entrepreneurship
Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) entered into an strategic partnership to cultivate entrepreneurship and economic development that will extend the support to innovative ...
InstaDeep raises $100 M in Series B
InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems has raised $100M and closed a Series B round led by Alpha Intelligence Capital together with CDIB. And the ot...
9% corporate tax on its way in the UAE
The UAE will introduce a federal Corporate Tax on business profits effective for financial years starting on or after 1 June 2023. The UAE Corporate Tax regime has been designed to incorporate best pr...
Fawry Accept cashless transactions exceeds EGP 6 bln in 2021
Fawry for Banking and Electronic Payment Technology has been leading the digital payments scene in the Egypt, and the company experienced the success of its e-payment gateway, Fawry Accept is credited...