News
Arab Financial Services raises $50 million
Leading digital payments solutions provider, Arab Financial Services (AFS) has raised $50 million in capital to significantly enhance the company’s financial position and catalyze its ambitious ...
iACCEL GBI and Tech Inspira offers $25,000 AWS Activate credits to startups
iACCEL GBI, a leading go-to-market accelerator backed by Dubai SME, is now an approved partner of the AWS Activate program. Facilitated by Tech Inspira, a premier cloud consulting firm and official AW...
Pakistan’s PTCL Group showcased two women startups at Expand North Star
Pakistan’s PTCL Group (PTCL & Ufone 4G) showcased two outstanding women entrepreneurs of the Ba-Ikhtiar program, Farhat ul Ain and Marrium Hussain at Expand North Star.
Scammer targeting Booking.com and Airbnb
ESET researchers discovered that the organized scammer network Telekopye has expanded its operations to target users of popular accommodation booking platforms like Booking.com and Airbnb. They have a...
NCircle announces $530K pre-seed funding from DeepMinds
During GITEX Expand North Star 2024, Co-Founders Mohammed Abdulkareem, Mohanad Hendi and Ayman Al Yamani introduced NCircle, a platform dedicated to driving meaningful community, social and environmen...
Masaood Al Masaood reappointed Chairman of Emirates Angels
The Emirates Angel Investors Association, widely recognized as Emirates Angels, recently held its elections, resulting in the selection of a new board of directors. Masaood Al Masaood has been reappoi...
DIFC Innovation Hub and Women Choice to support women entrepreneurs
Women Choice is proud to announce an ecosystem partnership with the DIFC Innovation Hub to empower women in business. This collaboration aims at creating a dynamic ecosystem where female leaders, inno...
Shorooq Partners backs Procure-Now, Pay-Later platform, Mala in KSA
Mala, a pioneering Saudi-based B2B platform, has successfully closed a $7 million (26.25 million Saudi Riyals) pre-seed funding round. The investment was led by VentureSouq, with pan regional investme...
Raya Foods secures $40 million from Helios Investment Partners
Raya Holding for Financial Investments has announced an investment of approximately $40 million in its portfolio company, Raya Foods, led by Helios Investment Partners, Africa’s largest investme...