News
500 Startups and Sanabil host demo day for batch 1 of Sanabil 500 MENA seed accelerator
500 Startups and Sanabil Investments will hold demo day on July 7th for the inaugural batch of the Sanabil 500 MENA Seed Accelerator. For the health and safety of participants and the community, the e...
Huawei announces enhanced Petal Maps app
Huawei announced that users across the Middle East and Africa will experience an enhanced Petal Maps application, which includes a range of new features and upgrades such as dark mode navigation displ...
Zoom signs a definitive agreement to acquire Kites GmbH
Zoom Video Communications today announced it has signed a definitive agreement to acquire Karlsruhe Information Technology Solutions – Kites GmbH (“Kites”), a start-up dedicated to developing re...
The Ziina app is all set to be launched in the UAE this summer
The launch of the Ziina app, the UAE’s first peer-to-peer payment app, is set to revolutionize the way payments are made when it launches later this summer. Functioning as an e-wallet, it allows...
Abu Dhabi-based VC firm Shorooq Partners acquires Autarky Capaital
Abu Dhabi-based venture capital firm Shorooq Partners has acquired Bahrain headquartered Autarky Advisors’ finance arm Autarky Capital for an undisclosed sum.
DIFC grants Innovation Testing Licence to Mamo
Mamo, the UAE-based FinTech company, has been granted an Innovation Testing Licence to operate in or from Dubai International Financial Centre (DIFC), the global financial centre and leading FinTech h...
QFTH announces the Demo Day for Wave 2 of its flagship Incubator and Accelerator program
Qatar FinTech Hub (QFTH), founded by Qatar Development Bank (QDB) to support the growth of the FinTech industry in Qatar, has announced the Demo Day for Wave 2 of its flagship Incubator and Accelerato...
Cashee raises $1 million in pre-Seed funding
Cashee, a UAE-based fintech and edtech startup has successfully raised a $1 million pre-Seed funding round.
Derq partners with Motional to spearhead smart driverless technology
Dubai’s potential as a tech exporter has gone up a gear after former in5 start-up Derq and driverless technology pioneer Motional entered into an industry-first partnership to pilot autonomous vehicle...