News
Masdar City Free Zone introduces exclusive business package for women entrepreneurs
Masdar City Free Zone has introduced a new business package exclusively for all women entrepreneurs, to further support the growth of women-led companies in the UAE. The announcement comes ahead of Em...
Nearly 2 million records from terrorist watchlist exposed
Amer Owaida, Security Writer at ESET explains that in a bizarre turn of events the secret list was exposed online for three weeks, allowing anyone to access it without any kind of authentication.
Saudi micro-influencer marketplace, Flicron raises over $1 million in crowdfunding
Saudi’s first micro-influencers marketplace Flicron, which provides specialised marketing solutions through social media influencers in KSA, announced the closing of its second Equity Crowdfunding rou...
Kuwaiti startup Bookr raises $1 million in seed funding
Kuwait-based startup Bookr has raised $1 million in a Seed funding round led by Desert Ventures. The startup enable users to find and book nearby beauty salons, barbers and spas, as well as freelancer...
Egyptian startup MaxAB acquires WaystoCap
MaxAB, the largest Egyptian B2B e-commerce platform that serves food and grocery retailers, has acquired WaystoCap, the Morocco-based B2B e-commerce and distribution platform that connects retailers w...
9 out of 10 SMEs acknowledge UAE is a good business destination
Nine out of 10 SMEs think the UAE is a good location to start up a business – that’s according to the Zbooni 2021 UAE SME Survey. The study polled more than 200 UAE businesses across a variety o...
KPMG reveals record breaking investment in fintechs
According to KPMG’s Pulse of Fintech, a bi-annual report on fintech investment trends the overall, global fintech funding across M&A, PE, and VC deals soared to a new high in H1’21. Dry powder cas...
24 innovative businesses accepted into MBRIF accelerator
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, announced that 24 new innovative businesses have been accepted ...
Odiggo raises $2.3 million in seed funding from big 3 VCs
Dubai-based auto-tech app, Odiggo announced that it has successfully raised an amount of $2.3 million in seed funding round supported by three of the world’s top seed-stage VCs; Y Combinator, 50...