SmartCrowd, Dubai’s innovative real estate crowdfunding platform, which allows individuals investors to take a “fractional” share in a rental property, has grown its investor base nearly 6 times since the pandemic. The investor based grew 100% on a Q-o-Q basis. The company recently closed a bridge round in excess of USD 3 million. The bridge funding will […]
Category: NEWS
easyMarkets Crowned Most Trusted Forex Broker in Middle East
easyMarkets, a leading broker in the trading industry, was named Most Trusted Forex Broker in Middle East and Best Forex Broker in MENA Region 2022 at The Fin Expo Egypt 2022 awards ceremony. The winners of these awards are judged on a range of criteria, including but not limited to the range of trading platforms on offer, […]
Emirates NBD Bank Wins Cyberbit’s 2022 International Cyber League (ICL) Competition
Cyberbit, provider of the world’s leading cybersecurity skill development platform, announced today that Emirates NBD Bank is the winner of the 2022 International Cyber League (ICL) competition. The team outperformed 200 cyber defense teams from North America, Europe, Asia, and the Middle East, who participated in three rounds of simulated cyberattack challenges. The 3 runners-up were data center provider Equinix, health care software provider Availity, […]
FAB Egypt announces new brand identity FABMISR
First Abu Dhabi Bank (FAB) Egypt has announced the completion of the legal merger of Bank Audi Egypt, where all the bank’s assets in Egypt will accordingly operate under FAB’s newly introduced brand identity “FABMISR”. The legal merger and launch of FAB’s new brand in Egypt come after obtaining all required regulatory approvals, including the […]
Ahlibank branch managers meet to discuss future growth strategy
Following its Positive performance in the first quarter of 2022, ahlibank recently held a branch managers meeting to review the performances of each branch and its role in furthering the bank’s customer-centric philosophy to enhance financial experiences. The meeting, which was attended by the Bank’s Management, included discussions on the robust retail performance for the […]
PayerMax highlights the $1.6trln potential of public private partnerships for the creator economy
PayerMax put the spotlight on the importance of public private partnerships to accelerate the digital economy at Seamless Middle East 2022. In a keynote address, Sianna Wu, Senior Vice President, MEA of PayerMax underlined the role of digital payments in the digitized economy vision of countries in the Middle East. The 100% digitized economy is […]
Creator Economy Platform Koji Announces “Shop the Look” App
Koji, the world’s most powerful Link in Bio platform and the leading app store for social media, today announced the launch of Shop the Look, a new app that gives creators within the fashion space the ability to create an instant storefront directly from their Link in Bio. Shop the Look is a photo-based storefront where lifestyle […]
Flare Raises a CAD$9.5 Million Series A Round to Democratize Cybersecurity
Flare, the leader in digital footprint monitoring, announced a CAD$9.5 million Series A Round led by Inovia Capital with participation from White Star Capital and Luge Capital. Flare’s Series A Round will be used to fund a rapid expansion. “Our partnership will propel Flare to the next phase of growth and enable us to deliver on an ambitious […]
Lurkit raises $2.7 million to empower gaming influencer marketing globally
The Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests™, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale. Lurkit’s platform is empowering gaming companies to get real-time and actionable insights on the social performance of […]
Dubai accelerates Diamond industry growth with USD 11bln traded in Q1 2022
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced that a total of USD 11 billion (AED 40.4 billion) of rough and polished diamonds were traded in the UAE in Q1 this year, up 36% from the same period in 2021, reaffirming Dubai’s status […]