News
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 ...
Creative Zone in collaboration with ADDED launches ‘Setup in Abu Dhabi’
Creative Zone, in collaboration with Abu Dhabi Department of Economic Development (ADDED) and 23 other government and private entities, has launched a comprehensive mSME enabling platform, ‘Setup in A...
First cohort graduate from inaugural Medyaf Entrepreneurship programme organized
The Medyaf Entrepreneurship programme, a flagship collaboration between the Dubai College of Tourism (DCT) nationalisation division Medyaf, and the Dubai Entrepreneurship Academy, has witnessed the gr...
DAFZ promotes investors, innovators, entrepreneurs in F&B sector at Gulfood 2022
The Dubai Airport Free Zone (DAFZ) concluded its participation in Gulfood 2022 held at Dubai World Trade Centre (DWTC) between February 13-17. The free zone successfully highlighted the vibrant busine...
Sheraa showcases technological and innovative solutions at the 2022 edition of UAE Innovates in Sharjah
The Sharjah Entrepreneurship Center (Sheraa) is showcasing the work of nine leading companies engaged in delivering technological and innovative solutions across several vital sectors as part of its p...
Zand gets the backing of investors
Zand, a digital bank helmed by Dubai businessman Mohamed Alabbar, has won the backing of investors such as Franklin Templeton and Aditya Birla Group as it seeks to seize on opportunities thrown up by ...