The first Arab NFTs (Non-Fungible Tokens) platform UPYO has been launched on the first of June 2022. The American registered company is considered to be the largest NFTs marketplace in the MENA region. The (CEO) and CO-Founder is Ahmed Alsenan. UPYO has announced the raise of a $1 million seed round led by angel investors […]
Category: LATEST NEWS
Saudi Venture Capital invests in the first venture debt fund
Saudi Venture Capital (SVC) announced its investment in a global specialty lending fund managed by Partners for Growth (PFG), one of the international and experienced fund managers providing venture and growth stage debt instruments to startups and SMEs. PFG also maintains a close strategic partnership with Silicon Valley Bank. The fund focuses on offering venture […]
Qatar banks could be ‘trail-blazers’ for world-leading payments system
Banks in Qatar could act as trail-blazers for a world-leading, fraud-inhibiting, super-fast global payments system fit for the next century, if they seize the opportunity being offered by a UK-headquartered fintech business. DigiDoe launched operations in Doha this week and is targeting banks in the Middle East as part of its plan to revolutionise the […]
Talabat celebrates MENA gaming achievements in newly launched regional awards show
talabat, the region’s leading local tech platform, is partnering with GreatGamers Award to launch its first ever regional esports initiative in Egypt, Iraq, Jordan and the Gulf region. Recently, there has been rapid development in the gaming scene across the region, and talabat is determined to play a key role in further accelerating this growth. […]
First Female-Founded Entertainment Company in the Middle East, IAM Entertainment Agrees Multi-Million Dollar Funding
Co-Founded by Sonal Vara-Parmar six years ago, IAM Entertainment, one of the region’s most renowned entertainment agencies, has confirmed a multi-million dollar funding round led by Abbey Road Investment Group. This funding will allow the agency to continue its explosive growth across the region through live shows, movie and TV production and talent/artist management. IAM […]
Oman Insurance completes the sale of its insurance operations in Turkey
Oman Insurance Company announced today that it has completed the sale of its insurance operations in Turkey to VHV Reasürans, Istanbul/Turkey, a company of VHV Group, Hannover/Germany. This transaction represents a continuation of Oman Insurance’s transformation and simplification strategy with the objective to focus company’s resources on specific markets and segments. Jean-Louis Laurent Josi, CEO […]
A majority of Middle East HNWIs do not have a wealth succession plan in place for their family businesses
Lombard Odier, a leading global wealth and asset manager with a 50-year legacy in the Middle East providing wealth planning solutions, today revealed results from the second instalment of its Middle East Investment Survey, which focusses on succession planning among high-net-worth individuals (HNWIs) in the region. Key findings reveal that HNWIs are aware of the […]
Middle East retailers gear up for the RetailME Tech and Marcom Summit & ICONS Awards
The leading retailers in the Middle East are getting ready for the biggest annual summit and awards gala, RetailME Tech & Marcoms Summit and ICONS Awards, that chronicles the changing retail landscape in the region. The event is scheduled to take place on June 28th, 2022, at Conrad Dubai Hotel, Sheikh Zayed Road. RetailME Tech […]
Shunya Ekai Technologies poised to be the world’s leading technology company by 2030
Shunya Ekai Technologies, one of the new age innovative technology companies in the UAE, keeps ahead of the technological curve by creating sustainable high-tech products. This focus aligns with the visions of the Middle East and GCC, especially in the UAE and KSA, which are two major economies across the region, that are focused on […]
Carbon management firm, elementsix, launches in the UAE
As the UAE steps up its efforts to reach net zero emissions by 2050, a new carbon management firm, elementsix, has launched to support companies in the country to take a proactive approach to tackling their environmental impact. “Measuring a company’s carbon footprint is an essential first step to realize their environmental impacts, and to […]








