Hub71 and GetFundedAfrica to increase international expansion and fundraising support for startups

Hub71, Abu Dhabi’s global tech ecosystem, has launched an expansive partnership with GetFundedAfrica, a tech-enabled marketplace that matches startups, investors (VCs & Angels), corporations and government to support the growth of tech startups. Announced during GITEX Global 2022 in Dubai, the new cross-border program aims to provide a soft-landing for Hub71 startups seeking to expand […]

SALAMA’s ‘Kind Beings of Dubai’ campaign concludes with record engagement across social media platforms

Islamic Arab Insurance Company (“SALAMA”), the UAE’s largest Shari’ah-compliant Takaful solutions provider, has concluded its 22-day social media campaign titled ‘Kind Beings of Dubai.’ Running from September 19 until October 10, ‘Kind Beings of Dubai’ called on the emirates’ residents and visitors to share stories of extraordinary acts of kindness. The unique campaign received nearly 600 […]

Wio Bank announces partnership with Stripe

Wio Bank PJSC, the region’s first platform bank, has announced a partnership with Stripe, a financial infrastructure platform for businesses, which will enable SMEs in the UAE to access the power of e-commerce faster and more easily and conveniently. Through this partnership, Wio Business, the first digital banking application from Wio, will empower SMEs and […]

Morocco’s Mohammed VI Polytechnic University (UM6P) to Host 3rd Edition of TEDinArabic

Morocco’s Mohammed VI Polytechnic University (UM6P) will be hosting the third edition of TEDinArabic, featuring prominent TED speakers from several fields. The participants will deliver their talks in Arabic before a live audience. The regional event, which will take place on October 13 2022 at the UM6P’s campus in Ben Guerir, aims to highlight “ideas” […]

Yellow Door Energy closes $400mln equity raise to develop sustainable energy projects in MEA

Yellow Door Energy (“YDE”), the leading sustainable energy partner for businesses, has today announced the closing of a new equity raise to continue its development of sustainable energy projects in the Middle East, Africa and beyond. The investment also includes a purchase of current shares, enabling the company’s initial investors to exit. The funding is […]

UBS Global Real Estate Bubble Index: No bubble risk for Dubai housing market

The UBS Global Real Estate Bubble Index 2022, a yearly study by UBS Global Wealth Management’s Chief Investment Office, indicates that imbalances in global metropolitan housing markets are highly elevated and prices are out of sync with rising interest rates. Toronto and Frankfurt top this year’s index, with both markets exhibiting pronounced price bubble characteristics. Risks […]

Middle East and North Africa mergers and acquisition transactions totalled US$69.7bln in the first nine months of 2022

Refinitiv, a London Stock Exchange Group business, today released the investment banking analysis for the Middle East and North African for the third quarter of 2022.  Investment Banking Fees An estimated US$1.1 billion worth of investment banking fees were generated in the Middle East & North Africa during the first nine months of 2022, 5% […]

FlapKap closes $3.6mln seed round

FlapKap, the first tech-enabled revenue-based financing platform in the MENA region, revolutionising e-commerce growth, today announced the close of its $3.6M seed round. The round included participation from Bolt by QED, Nclude, Outliers, and A15. This latest capital injection comes six months after the company’s pre-seed raise and coincides with the company recording significant milestones […]

Learn from Europe’s top traders as the founders organize a first-ever educational trading event in Dubai and Abu Dhabi

OverviewFX Ltd , a UK-based reputed professional education trading company, in collaboration with OFP (Overview Funding Program), is holding a week-long ticketed event in Dubai and Abu Dhabi to educate everyone on the importance of trading across all levels, including beginners and experts. The attendees will be led by OverviewFX Co-Founder Ruggero Catalano Rossi Danielli; […]