News
Tabby secures $50 million in debt financing from Partners for Growth
Tabby has secured $50 million in debt financing from Partners for Growth (PFG), the largest such facility raised by a fintech company in the Mena region. The financing represents a significant milesto...
DIFC successfully concludes the month of innovation
Following the launch of DIFC Innovation Hub, Dubai International Financial Centre (DIFC) has successfully concluded a full month dedicated to innovation which ran until 22 June 2021. The Innovation Mo...
Quara Finance gets named as the ‘Fastest-growing SME finance company in Saudi Arabia’
Quara Finance has been recognized as the ‘Fastest-growing SME finance company in Saudi Arabia’ in the finance category at the 2021 Global Business Outlook (GBO) Awards.
ADIB enables digital account opening for SMEs
Abu Dhabi Islamic Bank (ADIB) today announced that it launched a digital account opening system to enable SMEs to open Elite Business accounts without visiting branches, or submitting physical documen...
Abwaab launches its subscriptions in Egypt for the upcoming academic year
Edtech startup Abwaab today announced that it is launching its subscriptions in Egypt for the upcoming 2021/22 academic year starting today. This decision comes on the heels of a growing demand from s...
EDB signs an MoU with NBQ to facilitate strategic financing options for SMEs in the UAE
The Emirates Development Bank [EDB] has signed a Memorandum of Understanding [MoU] with National Bank of Umm Al Qaiwain [NBQ] to facilitate strategic financing options for SMEs in the UAE.
Odiggo launched in the UAE
Car service specialist, Odiggo, has launched in Dubai with the intention of becoming the leading autotech company in the Middle East and Africa (Mena). The automotive tech app that has seen success in...
Cyber security startup, Hive Pro raises $3 million
Cyber security startup, Hive Pro, creator of Predictive Vulnerability Analytics (PVA) today announced that it has successfully raised $3 million in seed funding led by Simpra Holdings.
TikTok invites creative agencies for a regional competition
TikTok’s latest initiative titled Rock the Tok has been designed to tap into this agency ecosystem and offer them an opportunity to further unleash their creative spirit through a region-wide competit...