News
Fawry plans to raise EGP 800 million through a rights issue to existing shareholders
Fawry for Banking and Payment Technology Services S.A.E. announced today its plans to raise EGP 800 million of growth capital through a rights issue to existing shareholders. The proceeds will be used...
Aloushi set to bring local brands from SME businesses under one platform
An all-new online lifestyle boutique, Aloushi’s, is set to bring together sustainable, unique, and local brands from fashion, beauty, homeware, and pet care products from SME businesses around the glo...
Al-Futtaim inducts 250 Emirati talents through its SINYAR platform
In line with the UAE’s Emiratisation strategy and Emiratisation Government Initiative “Projects of the 50” to build the capabilities of UAE Nationals, Al-Futtaim has committed to hiring no less than 1...
Wa’ed collaborates with FinTech Saudi to launch FinTech Accelerator program
Wa’ed, the entrepreneurship arm of Saudi Aramco, has collaborated with Fintech Saudi as a strategic partner, along with regional seed and early-stage venture capital firm Flat6Labs, to launch a 12-wee...
Amazon and UAE join forces with MENATech to launch Amazon UNIVERSITY Esports
Amazon in Saudi Arabia and the UAE joins forces with MTE (MENATech), a GGTech Entertainment Group company to launch Amazon UNIVERSITY Esports, the UAE and the Kingdom of Saudi Arabia’s first education...
Hamples – Happy Samples raise an undisclosed amount in their pre-Seed funding round
Hamples – Happy Samples, e-commerce of Free Samples & Mini-Trial packs for everyone to Try Before They Buy announced that it has raised an undisclosed amount in pre-Seed funding round by Nama Vent...
Dubai issued 72,152 new business licences in 2021
Dubai issued 72,152 new business licences in 2021, a growth of 69 per cent compared to 2020 when 42,729 licenses were issued, reaffirming Dubai’s position as a global business and investment hub and r...
GoDaddy and Fawry to help entrepreneurs build their online presence
GoDaddy, has partnered with Fawry, the local leading online payment company, to facilitate the process of going online for startups and entrepreneurs in Egypt.
5 Things to look forward at Step Conference 2022
As we watch the world evolve and ponder our place in a new digital landscape, Step Conference will bring top experts to Dubai to explore and discuss a future with cutting-edge technologies, revolution...