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 […]
The 10-year residency program, Golden Visa, has generated strong interest among foreign investors to buy property in Dubai, which has emerged as one of the most popular investment destinations in the world. Zoom Property Insights said Dubai is expected to attract a significant share of the global citizenship-by-investment market, which is expected to grow five […]
Emirates Post Group (EPG) has signed a sponsorship agreement with FinTech Hive – the first and largest financial technology hub in the region and part of the Dubai International Financial Centre (DIFC) – to promote the first sprint this year of its FinTech accelerator program, ‘HIVE 22.’ The agreement, signed by Abdulla Mohammed Alashram, Group […]
Microbyte, a leading ICT security service provider, has urged Middle East businesses to step up their efforts and be extra vigilant of the threats posed by cyber attacks, emphasising the importance to invest in a robust infrastructure system for their day-to-day operations. With the widespread use of technology continuing to bring an increase in cybercrime […]
Financers of start-ups and megaprojects could eliminate risks by ensuring the owner of the start-up or the project manager of the megaprojects through Universal Life Insurance Policy with a nominal premium that mitigates the risk of non-performance, inability to lead and death of the insured. The success of most projects and megaprojects as well as […]
