News
Egypt launches “One Million Entrepreneurs” campaign
The Ministry of Planning and Economic Development in Egypt, has launched the “One Million Entrepreneurs” campaign, which aims to qualify one million entrepreneurs by 2030 within the framew...
Dubai-based startups attract AED2.36 billion in FDI
Dubai’s dynamic innovation, entrepreneurship, and venture capital ecosystem enabled Dubai-based startups to attract an estimated AED2.36 billion in FDI capital through 31 investment deals in 2020, acc...
Nexthink reaches $1.1b valuation with Series D funding
Nexthink, today announced a $180 million Series D financing round reaching a valuation of $1.1 billion. Permira, through its Growth Opportunities Fund, led a $180 million Series D round alongside exis...
FinTechs on the rise despite potential risks
ESET today revealed that almost two-thirds (62%) of consumers worldwide use some form of FinTech app or platform. However, only 17% strongly feel that the quality of information available on the poten...
Acer launches new series of Swift notebooks
Acer has announced the launch of the latest Swift 5 and Swift 3 notebook models packed with Intel Tigerlake 11th Gen processors and Iris Xe graphics in the UAE.
Emirates and Sheraa to cultivate startup ecosystem
Emirates Airline joined hands with Sharjah Entrepreneurship Center (Sheraa) as a official Strategic Partner of Sheraa and Emirates will offer discounted fares to and from its network of over 90 destin...
Leading Irish RegTech startup expands into UAE
Irish RegTech startup, DX Compliance has formally launched its operations in the Middle East from its new base in Abu Dhabi, UAE to introduce its disruptive technology and solutions to the rapidly exp...
ASUS launches world’s lightest OLED display laptop
ASUS today announced the launch of world’s lightest laptop with an OLED display, ZenBook 13 OLED (UX325) The new compact FHD OLED NanoEdge slim-bezel display on ZenBook 13 OLED takes visuals to ...
Algebra Ventures $90 million new fund targets Egyptian startups
Egypt’s leading VC firm, Algebra Ventures launched its $90 million second fund, dedicated to investing in startups with a focus on Egypt with an allocation for the MEA region. The company expects its ...