SubsBase, the first and only subscription and recurring revenue management platform catering to the MENA region, announces it has successfully closed its seed round at US$2.4 million. The investment round was led by Global Ventures, a leading MEA-focused venture capital firm. Other participating investors included: HALA Ventures, P1 Ventures, Plus Venture Capital (+VC) , Plug […]
Category: LATEST NEWS
Gate.io Group starts offering OTC block trading service in Dubai after DMCC license
Gate.io Group has announced the launch of its over-the-counter trading platform Gate OTC, which will provide fully-licensed OTC crypto trading services catered to institutions and high-net-worth individuals. Services are offered in various countries around the world, supporting several mainstream cryptocurrencies. The launch of Gate OTC comes as Gate MENA DMCC acquired a license from the […]
Alvarez & Marsal releases Q2 2022 UAE Banking Pulse
Leading global professional services firm Alvarez & Marsal (A&M) has released its latest United Arab Emirates (UAE) Banking Pulse for Q2 2022. The Pulse suggests that the top ten UAE banks have reported a significant rebound in quarterly profits for Q2’22, as the lenders witnessed an increase in profitability driven by core interest income. Total […]
The industries of the future call for unprecedented flexibility and software-centric industrial automation is the answer
Schneider Electric, a world leader in digital transformation, energy management and automation, has held a seminar at the investors association in the 10th of Ramadan industrial zone, aiming to discuss methods of achieving digital transformation in the industrial sector using software-centric industrial systems, offered by Schneider Electric in collaboration with AVEVA using EcoStruxure platform. ‘Innovation […]
Huawei to address future cybersecurity challenges at CSIS 2022
Huawei will showcase its cybersecurity capabilities and thought leadership role at the third Cybersecurity Innovation Series (CSIS) UAE Chapter in Dubai on September 6-7. Endorsed by the UAE Cyber Security Council, CSIS brings together ICT industry leaders and cybersecurity professionals to explore steps organizations should take to remain resilient and adapt to the ever-evolving nature […]
PLAYHERA MENA launches in the Middle East markets in partnership with Zain KSA
Zain KSA and Zain Group have partnered with global gaming platform PLAYHERA to launch their new regional esports platform PLAYHERA MENA to target the Middle East’s markets. Headquartered in Saudi Arabia, PLAYHERA MENA will create a suitable environment for innovators, content creators and esports amateurs, besides fostering the capabilities of professional gamers. The exclusive joint […]
Eurovets furthers its commitment towards CPD with rise in global veterinary applications
The number of people applying to veterinary colleges increased by 19% year over year. A total of 10,273 global individuals submitted applications for the 2020-21 veterinary college admissions cycle, according to preliminary data from the Association of American Veterinary Medical Colleges. With more people taking up veterinary as a profession, companies like Eurovets are focusing […]
Wemade plans to direct more effort to global blockchain business, including in the Middle East
Wemade is targeting the Middle East region for its global blockchain business. Wemade opened its branch in Dubai, UAE this May, and it was a part of Wemade’s blockchain business expansion. Wemade is the first Korean gaming company to have a branch in Dubai. The Middle East has a great growth potential for digital assets, blockchain technologies and more. Dubai stands out as […]
ArabyAds raises US$30mln in Pre-Series B funding round
ArabyAds, the leading AdTech company in the MENA region, announced that it has raised US$30 Million in Pre-Series B funding round from AfricInvest, a leading pan-African investment platform managing multiple alternative asset classes including private equity, venture capital and private credit. ArabyAds will use the new financing to expand its footprint and further invest it […]
Your Fitness Coach debuts the world’s most holistic fitness app
Your Fitness Coach, a leading Fit-Tech subsidiary of Option1World, today announced the launch of Your Fitness Coach (YFC) application, which is the world’s most holistic fitness platform enabling its users to track their fitness activities, get access to various gyms and fitness studios, purchase access to group classes, get a certified personal trainer, follow an […]