News
FENIX acquires PALM
FENIX has acquired PALM, a homegrown leading micro-mobility company in Turkey, for USD 5 million in cash and equity. Turkey becomes the 5th operational country and Istanbul the 13th operational city f...
ITIDA, USAID, and AmCham advance the thriving startup ecosystem in Egypt
The Information Technology Industry Development Agency (ITIDA) has participated in the “Towards Creating an Enabling Environment for Venture Capital and Start-ups in Egypt” symposium, jointly arranged...
Cloudastructure raises $29.6 million in crowd-sourced commitments
Cloudastructure, which provides cloud-controlled video surveillance systems to enterprises, announced that it has secured more than $29.6 million in crowd-sourced commitments from more than 10,000 inv...
Swvl to list on NASDAQ
Swvl and Queen’s Gambit Growth Capital (“Queen’s Gambit”) today announced that they have entered into a definitive agreement for a business combination that would result in Swvl becoming a publicly li...
Stor’ eCommerce solution platform launches in the UAE
Stor’ is set to be the go-to platform both for digital users embarking on their e-commerce journeys, in parallel to already-operating digital businesses looking to scale. With the digital age at...
Dubai Chamber for Digital Economy set to host Expand Summit
Dubai Chamber for Digital Economy, one of the three chambers under the newly formed Dubai Chambers umbrella, will be hosting Expand Summit, the first-of-its-kind summit in the region in January 2022 t...
OPPO announces OPPO Renovators 2021
OPPO has announced the launch of OPPO Renovators 2021, the third iteration of its Emerging Artists Project. In addition to being a competition for art and technology lovers around the world, OPPO Ren...
Backbase gets recognized
Backbase today announced it has won a “Best in Class” recognition in Javelin’s 2021 Small-Business Digital Account Opening Scorecard, further solidifying its leading position for Digital Sales solutio...
Dubai Free Zones Council Explores Business Accelerator Initiatives and Startups Support
The Dubai Free Zones Council (DFZ Council) held its 18th meeting, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, to discuss strategic initiatives t...