Lune – a UAE-based data start-up co-founded by Helal Tariq Lootah, an Emirati entrepreneur, and Alexandre Soued – today announced it has successfully raised USD850,000 in its pre-seed round backed by Dubai Future District Fund (DFDF), Flat6Labs, and several angel investors. The company, which unlocks unprecedented insight from consumers’ financial transactions, already operates across the […]
Category: NEWS
With more than 90% of the GCC’s population connected to the internet, neobanks expected to record accelerated growth in the region
Neobanks, often referred to as challenger banks operate under the umbrella of mainstream finance but are supercharging specific services long associated with veteran institutions such as retail banks, payment providers, and international wire services. These financial service providers operate online entirely, with no physical presence apart from office space in the offline world. Estimates now […]
DWTC to post strong year-end performance
Dubai World Trade Centre (DWTC) continues to build on this year’s events industry momentum as the final two months of the year bring a packed Q4 calendar to a close. Upcoming legacy events are set to further boost the sector’s contribution to Dubai’s economy with the 2022 edition of GITEX Global having establishing a new […]
MEPRA receives record award entries as agencies, in-house teams showcase their best PR campaigns
The Middle East Public Relations Association (MEPRA) announced today that it has received a record-breaking of close to 800 award entries from regional public relations agencies and in-house communications departments for this year’s premier awards gala event. The annual MEPRA Awards is the most coveted event of its kind and is open to all Middle […]
MBRCGI, MBRIF announce winners of Pitch@MBRCGI innovation competition
The Mohammed bin Rashid Centre for Government Innovation (MBRCGI) and the Mohammed bin Rashid Innovation Fund (MBRIF) have unveiled the winners of Pitch@MBRCGI. Out of the 300 projects submitted, 21 innovative projects were shortlisted at GITEX, and two of those projects were selected as the winners of the competition. Pitch@MBRCGI, launched in September, embodies the […]
More than 80% of the public companies in the MENA do not disclose any quantitative sustainability data
Clarity AI, the leading global sustainability tech platform, announced today that in a sample of 40,000 public companies, approximately only 30% report at least one quantitative sustainability metric. As further requirements under the EU’s Sustainable Finance Disclosure Regulation (SFDR) come into force in fewer than 70 days, lack of available reported data may necessitate the […]
Phoenix Technology eyes global expansion and announces an investment of $300mln
Phoenix Technology, one of the leading cryptocurrency mining hardware retailers, is eyeing global expansion in 2023 – after achieving unprecedented success in 2021/2022. The company behind the installation of the largest mining farm in the Middle East is spreading its roots beyond the region. The team is developing a large-scale site in the US that […]
Meydan Free Zone announces its expansion and new office opening
Exciting things are happening at the award-winning Meydan Free Zone! To better serve its clients and business partners with more space, faster processing, and innovative solutions, the world’s leading and the UAE’s only 24/7, 100% Digital Free Zone, Meydan Free Zone, is expanding with a brand new office. With stunning views of the race course […]
Kitch-In expands its portfolio to include ten new international themed brands
Kitch-In, an innovative food provider headquartered in Dubai, is set to expand its portfolio with the launch of ten new brands. Driving innovation and sustainability through manufacturing its own food, Kitch-In boasts a vast and diverse portfolio of the region’s favourite brands. In partnership with global hospitality leader Accor Group and restaurant experts, Bulldozer Group, […]
TAWAL acquires King Abdullah Economic City telecommunication towers
TAWAL, the leading integrated ICT infrastructure provider in the Kingdom, has signed a strategic partnership agreement with King Abdullah Economic City (KAEC). As part of the agreement, TAWAL will provide ICT infrastructure solutions to be used within the city. These solutions will improve the efficiency of KAEC’s telecommunications network through the application of best practices […]










