News
$200 million Series F funding takes Exabeam valuation to $2.4 billion
Exabeam, today announced a $200 million Series F growth round at a valuation of $2.4 billion. The round is led by the Owl Rock division of Blue Owl Capital and supported by existing investors Acrew Ca...
Emirates Development Bank signs an MoU with Commercial Bank of Dubai to support SMEs in the UAE
The Emirates Development Bank [EDB], fully owned by the UAE Federal Government signed a Memoradum of Understanding [MoU] with Commercial Bank of Dubai [CBD] to offer Credit Guarantee and Co-lending pr...
ADYEN announces expansion of its local acquiring services to include the UAE
ADYEN today announced the expansion of its local acquiring services to include the United Arab Emirates (UAE), illustrating its commitment to the Middle East region. With acquiring capabilities in the...
Zoom adds in-product privacy notifications for better user experience
Zoom recently announced new in-product privacy notifications designed to make it easier for users to understand who can see, save, and share their content and information when they join Zoom Meetings....
Gamesbandy secures an undisclosed Seed fundraise
Gamesbandy, an Egyptian Gaming startup, has secured an undisclosed Seed fundraise from Flat6labs Bahrain and Tamkeen.
Stake raises US$4 million in a seed funding
Stake, a Dubai-based fintech and real estate investment platform which launched in December 2020 to disrupt the UAE’s real estate investment market, today announces that it has raised US$4 million in ...
wefox raises a record US$650 million for its Series C funding led by Target Global
wefox, the Berlin-based digital insurance company has raised a record US$650 million for its Series C funding round led by Target Global, resulting in a post-money valuation of US$3 billion.
Zip acquires Spotii
Leading global Buy Now Pay Later (BNPL) company, Zip, today announced the full acquisition of Dubai-based BNPL provider Spotii. The strategic investment will see Zip build on its initial 20 per cent i...
Huawei launches one-stop shop for startups in the region
Huawei announced the launch of its first one-stop-shop for startups and developers with an aim to empower innovative entrepreneurs in the region to scale and grow by accessing advanced capabilities an...