News

Mastercard to set up global Mastercard Academy in Doha

Mastercard has revealed its intent to set up a physical presence for its global Mastercard Academy in Doha with the aim of enhancing skill sets across the financial industry for regional and global pl...

Presight and Microsoft to nurture AI startups in the UAE

Presight has partnered with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge t...

AI Health Pioneer Valeo raises $12 million in Series B

Valeo Health, a leading innovator in AI-driven at-home healthcare, has successfully closed a $12 million Series B funding round, bringing its total capital raised to $20 million. This investment will ...

Mila Beauté raises $2.16 million in Pre-Series A round

Mila Beauté, a homegrown Indian skin-friendly color cosmetics brand, has raised $2.16 million in its Pre-Series A funding round led by Rukam Capital, valuing the company at approximately $35 million.

Nayla Finance raises $4 million in seed funding

Saudi-based fintech Nayla Finance has raised $4 million in seed funding, led by Sanabil Venture Studio by Stryber, to enhance its data-driven lending platform and expand operations.

MENA FinTech Association partners with FinTech Armenia Association

The MENA FinTech Association (MFTA), the region’s leading not-for-profit industry body, announced a strategic partnership with the FinTech Armenia Association to foster cross-border synergies in Finan...

Madfu achieves Sharia certification for its BNPL solution

Madfu, a leading Saudi-based Buy Now, Pay Later (BNPL) solutions provider, has received Sharia certification from Shariyah Review Bureau (SRB), affirming that its BNPL solution offerings comply with I...

Oman Arab Bank hosts Eid Exhibition to support SMEs

As part of its ongoing initiatives and innovative programs to support and develop small and medium enterprises (SMEs), Oman Arab Bank (OAB) organized the Eid Exhibition, serving as a distinguished pro...

AWS’ Global AI Pop-Up Tour debuts in Dubai

The UAE’s dominance as the Middle East and North Africa’s largest hub for startup funding and tech investment will receive another injection of AI-powered transformation when a global tour of pop-up c...

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