News
MBRIF opens registrations for the next Cohort of the IA program
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced that registrations are now open for the next Coho...
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...