Backbase, creator of the category-leading Engagement Banking Platform, raised €120 million in growth equity funding from Motive Partners. Having grown organically to over €200 million in revenue, Backbase is now partnering with a Fintech specialist private equity firm, to further strengthen its claim on the Engagement Banking category. This growth investment values Backbase at €2.5 […]
Global Critical Logistics (GCL) has signed an exclusive commercial partnership agreement with SAL Saudi Logistics Services, the leader of integrated logistics services in Saudi Arabia. Under the agreement, SAL will provide exclusive logistics services to all GCL companies inside of Saudi Arabia, serving end-customers in the entertainment, live events, (motor) sports, fine arts, and film […]
The Kingdom of Bahrain ranked among the top ten performing ecosystems in MENA in the 2022 Global Startup Ecosystem Report (GSER), moving up from ranking among the top 15 in last year’s report. The report is one of the world’s most comprehensive, data-driven research on startup ecosystems, and it is published annually by the world-leading policy advisory […]
Venture capital firm Phaze Ventures and Microsoft deepened their commitment to supporting Oman’s economic vision on the third day of COMEX 2022 by announcing the expansion of their partnership to empower startups and entrepreneurs in the Sultanate. The two companies signed a new Memorandum of Understanding that will see Microsoft support startups and entrepreneurs which […]
Dubai Culture and Arts Authority (Dubai Culture) collaborates on many projects with its partners in the public and private sectors, guided by a vision to support the emirate’s creative community. Within that context, the Authority is cooperating with ‘Hayi’ app, a free, local, social communication network for neighbourhoods in Dubai that encourages residents to communicate, […]
re.life, the UAE-based digital ecosystem disrupting the trading and logistics industries, has won three separate awards as announced within the first quarter of the year. The awards recognise re.life’s innovations as a start-up, specifically for its platforms re.life collect and re.life market. MEA Business Awards recognised re.life as “Innovative Tech Solution of the Year” for […]
stc Bahrain, a world-class digital enabler, has partnered with The Royal College of Surgeons in Ireland – Medical University of Bahrain (RCSI Bahrain) to sponsor a Technology Enhanced Learning (TEL) incubator for three years. A first-of-its-kind in Bahrain, the RCSI Bahrain TEL Incubator for research and associated studies is located at the RCSI Bahrain campus […]
SAS, the leader in analytics, present in the Kingdom of Saudi Arabia for over 10 years, announced the appointment of Bader Bahaian as the Country Manager. This appointment comes in line with SAS’s strategy towards the market needs of the industry for advanced analytics, AI and cloud-based solutions. Bader Bahaian brings more than ten years […]
As part of its celebration of 10 year of success in Egypt, Jumia, the leading e-commerce platform has organized the forum around “A decade of e-commerce in Egypt” with the participation of Dr. Ibrahim Ashmawy, Vice Minister of Supply & Internal Trade, Chairman of the Board, Internal Trade Development Authority, Chairman of the Board, Egyptian […]
Ooredoo business, the trusted technology partner for business solutions, announced its collaboration with Huawei to by Ooredoo Cloud Connect in Kuwait, driving digital transformation in Kuwait. Ooredoo Cloud Connect is a new generation of cloud-optimized managed network services powered by Huawei Cloud Campus MSP platform. The collaboration took place at a signing ceremony which took […]
