News
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...
Mental health technology startup, Takalam raises $1 million
Since its launch less than two years ago, the UAE based mental health technology startup, Takalam has grown rapidly propelled by an increased demand for behavioral health care services during the COVI...
MENA region attracts funding of $2.87 billion in 2021
According to a latest study by Wamda, the year 2021 saw several records broken that included the largest funding round to date, the highest number of deals, and the arrival of Softbank and Sequoia Cap...
Canon partners with UN Women to promote entrepreneurship
During a three-day virtual workshop, twelve participants discussed their interest in exploring social and environmental topics that are important to them individually and to their communities.
Step Conference celebrates a decade of entrepreneurship and innovation
Step Conference celebrates a decade of inspiring entrepreneurship, enabling innovation and producing economic value in the region. Organised in strategic partnership with Dubai Internet City, the mile...
Applications for Access Sharjah Challenge open
The Sharjah Entrepreneurship Center (Sheraa) in partnership with Alef Group, one of the top property developers in Sharjah, have announced the launch of ‘Access Sharjah Challenge – Al Mamsha’ to foste...
GRAID Technology secures $15M in Series A Funding
GRAID Technology announced today that it has secured a $15 million Series A funding round, led by Capital TEN. Additional investors include Cathay Venture Inc., China Investment & Development Comp...
Deliverect raises $150 million in Series D funding
Deliverect, a global scale-up that simplifies online ordering for more than 20,000 locations across 40 markets, has secured more than $150 million in Series D funding.