Saudi fintech startup Tamara, the leading payments startup focused on driving financial inclusion across the Middle East, has raised a $100m Series B equity round led by Sanabil Investments, with participation from Coatue, Shorooq Partners, Endeavor Catalyst and a follow-on investment by global fintech Checkout.com. The company – which has seen exceptional adoption with more […]
Dubai based Creative Wrap offers a cost-effective, eco-friendly solution to renovating homes and commercial spaces in less time, whilst providing huge cost savings compared to conventional methods. Founded in 2018 by two British expats, Lloyd Williams and Aaron Mitchell, who together, decided to revolutionise the interior industry by introducing the UAE to a unique concept of using […]
valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of International Cooperation The acquisition builds on valU’s mission […]
The fourth-panel discussion of Emirates Environmental Group (EEG) for 2022 was held under the topic “Taking Packaging, Full Circle” at the Sheraton Mall of the Emirates Hotel in Dubai on the 22nd of August. The panel discussion highlighted the efforts of the UAE to apply technologies and the best innovations in the packaging industry towards sustainable actions. The session […]
Funding Societies, Southeast Asia’s largest Small and Medium Enterprises (SME) digital financing platform, today announced the signing of a US$50 million credit facility* with HSBC Singapore to continue expanding the firm’s reach to serving underserved SMEs in the region. Commercial lending in Asia Pacific is projected to grow at a CAGR of 16.5%, generating a revenue of more than US$7 trillion by 2028 – […]
Qatar SportsTech (QST), a leading startup accelerator founded by Qatar Development Bank (QDB), announced earlier that its alumni from the 2nd Cohort, Sponix Tech, headquartered in Qatar, has received an investment boost from the UK-based Aser Ventures, the co-owner of Leeds United Football Club. Aser Ventures has acquired a strategic stake in the sportstech startup […]
Global Financial Technology LLC organized an in-house workshop for employees of Omantel about their key product – OM Pay/Lamma. Global Financial Technology LLC is a subsidiary of Omantel and is one of the leading FinTech companies driving local innovations in the country. Lamma app was authorized by the Telecom Regulation Authority (TRA) in May 2020; […]
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, today announced the latest semiannual FortiGuard Labs Global Threat Landscape Report. “Cyber adversaries are advancing their playbooks to thwart defense and scale their criminal affiliate networks,” says Derek Manky, Chief Security Strategist & VP Global Threat Intelligence, FortiGuard Labs. “They are using aggressive execution […]
Leading digital marketing group, Incubeta today announce structural management changes across their MENA offices with immediate effect. This change follows on from the successful acquisition of Dubai-based integrated digital marketing agency Bruce Clay MENA in June 2022. Victoria Webb, Incubeta’s current MENA market lead, will be moving into the role of Regional Growth and Innovation […]
Following a successful 4-month submissions phase, the Zayed Sustainability Prize has officially closed entries for its 2023 awards cycle. Over 4,500 applications were received across the five Prize categories of Health, Food, Energy, Water and Global High Schools, from a record 152 countries, demonstrating the Prize’s growing global reach and impact. The Zayed Sustainability Prize […]
