Emirati investment company “Noor Capital” fully acquires “House of Borse”

Noor Capital, the leading investment company and provider of financial services in the United Arab Emirates and the Middle East, is licensed and subjected to the regulation and supervision of the Securities and Commodities Authority in the United Arab Emirates and whose board of directors is chaired by the Emirati businessman Abdul Jabbar Al-Sayegh, announced […]

Mystifly closes $8mln in Pre Series B funding

Singapore-based Mystifly, a leading vertical SaaS & marketplace provider for the airline industry announced today the conclusion of Pre Series B funding with CSVP (Cornerstone Venture Partners) bringing the total of this round to $8 million combined with earlier investments from RSI Fund I. LLC (a subsidiary of Recruit Co. Ltd.), Jenfi & Crusade Partners among […]

Arab Jordan Investment Bank signs agreement to purchase Standard Chartered’s business in Jordan

Arab Jordan Investment Bank (AJIB) and Standard Chartered Bank have entered into an agreement for the acquisition of Standard Chartered’s business in the Hashemite Kingdom of Jordan, following the approval of the Central Bank of Jordan.  Under the agreement, the Corporate, Commercial & Institutional Banking (CCIB), and Consumer, Private & Business Banking (CPBB) businesses of […]

Etisalat Egypt by e&, Banque Misr, and Amazon Payment Services collaborate

Amazon Payment Services has been named the official payment service provider for Etisalat Egypt by e&, with Banque Misr as the online payments acquirer. Through this collaboration, Amazon Payment Services brings a reliable, safe, and simple checkout experience for Etisalat by e& Egypt customers paying for invoices across billing, subscription, and device purchases on its […]

Metaverse builder LandVault, announces strategic funding round from The Sandbox, Gemini, Kingsway and other Web3 VCs

LandVault, the largest metaverse construction company, has announced its strategic funding round with several web3 firms, including The Sandbox, a leading metaverse platform backed by Animoca Brands and Softbank, the Gemini Frontier Fund, HodlCo, and Kingsway Capital, a $3B hedge fund and a large shareholder in Animoca Brands.  This comes after LandVault raised a total […]

Jordan’s start-up ecosystem one of the fastest growing in the Middle East

Thanks to an injection of funding and raft of government-sponsored incentives Jordan now has one of the fastest-growing start-up ecosystems in the Middle East.  A well-educated workforce and access to local and international funding have helped to create a “dynamic ecosystem” that makes it a strong location for start-ups, Ibrahim AlSafadi, CEO of Luminous Life+, […]