News

TIER acquires Spin

TIER Mobility has announced today its acquisition of Ford-owned shared electric bike and scooter operator, Spin, marking TIER’s entry into North America. Following the recent acquisition of Euro...

Togo offers opportunities for startups and entrepreneurs

Her Excellency Sarah Al Amiri, Minister of State for Advanced Technology, visited the pavilion of Togo at Expo 2020 Dubai. She explored investment opportunities and technological advancement, especial...

MContent and PwC unveiled Cineverse in Dubai

MContent has announced the arrival of the Cineverse to the world whereby they aspire to bring Cinema to people anywhere, anytime – MContent and their launch was enabled due to a collaboration wi...

Sary announces its acquisition of “Mowarrid”

Sary, the leading B2B e-commerce platform in the MENAP has announced its acquisition of “Mowarrid”, one of the leading B2B marketplaces in Egypt. This acquisition reflects a strategic move for Sary to...

Kouncel raises $1.2 million in its latest funding round

Kouncel has raised $1.2 million in its latest funding round, the funding round was led by Zaldi Capital for investment “an Investment Bank focused on SMEs and Assets Management”, the African Developme...

Funding Souq closes $2.5 million seed round

Saudi Arabia-based crowdfunding platform Funding Souq has closed a $2.5m seed round with contributions from an arsenal of angel investors including Amal Dokhan (Partner at 500 Global), Omar Aljeraisi,...

Pluto raises $6 million in its seed round

Pluto, corporate spend management startup, raises $6m (AED 22M) in its seed round. The round was led by GFC, with participation from Adapt VC, Soma Capital, Graph Ventures and OldSlip group.

DIFC launches ground-breaking AI and coding license in cooperation with the UAE AI Office

Dubai International Financial Centre (DIFC) has announced the launch of a ground-breaking Artificial Intelligence (AI) and coding license, in cooperation with the UAE Artificial Intelligence Office.

Tech Mahindra announces the launch of TechMVerse

Tech Mahindra today announced the launch of TechMVerse, its Metaverse practice to deliver interactive and immersive experiences in the Metaverse for its customers. With an aim to transform customer ex...

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