Over eighty per cent of startups selected are developing AI-driven solutions to address critical challenges across priority sectors. Hub71, Abu Dhabi’s global tech ecosystem, has onboarded its most AI-intensive cohort to date, welcoming 26 high-growth startups to its 17th Cohort. Together, these companies have raised over USD 223 million (AED 818 million), the largest funding […]
Casablanca, Morocco – Justyol, a Morocco-based cross-border e-commerce platform, has raised a $1 million strategic package combining equity funding and inventory financing to accelerate its regional expansion. The package includes $400,000 in equity investment from an angel investor and $600,000 in inventory financing from Turkey’s Danis Group, a major investment firm. The deal was facilitated […]
216 Capital announces a new strategic investment in Addvocate.AI, a Franco-Tunisian startup specialised in optimising sales performance with artificial intelligence. With the exponential rise of artificial intelligence, the sales sector is entering a new era of smart automation. Today, having a digital copilot capable of managing and optimising every lever of sales performance is no […]
Integration to establish BlueFive Private Wealth, focusing on real estate and infrastructure investments in Europe, the US and Asia. Neo Capital brings $650m in AUM across European and US real estate Dubai, United Arab Emirates: BlueFive Capital today announced the full integration of private wealth manager Neo Capital, which manages $650 million in assets. Effective immediately, […]
With 87% of UAE car rental revenue projected to come from online bookings by 2030, WheelsOn aims to capture this digital-first demand by offering a native, fully automated service that rivals traditional agencies. Dubai, the UAE: WheelsOn, the UAE’s mobile-first car rental platform, has closed a $12.5 million funding round, including $2.2 million in equity from […]
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has unveiled a new feature on BenefitPay application, following a directive issued by the Central Bank of Bahrain to allow merchants to seamlessly add and manage business accounts. This new feature is designed to support single-owned commercial registrations, enabling them to […]
Manama, Kingdom of Bahrain: Khaleeji Bank, one of Bahrain’s leading Islamic banks, has announced a strategic partnership with the eTijwaal App, a leading digital platform providing eSIM services for travellers. This collaboration aims to deliver seamless and convenient connectivity solutions to the bank’s clients during travel, as well as enjoy exclusive cashback offers of up to […]
Manama, Kingdom of Bahrain: Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has recently announced the signing of a significant strategic partnership agreement with the Arab Investment and Export Credit Guarantee Corporation (Dhaman). The agreement will enable the Bank to expand its international banking partnerships and provide […]
Dubai, UAE – BCP (Banque de Commerce et de Placements), the Swiss Bank headquartered in Geneva, announces today a significant milestone in its Middle East growth strategy: the transformation of its Dubai Representative Office into a fully operational Branch, following the successful acquisition of a Category 4 licence from the Dubai Financial Services Authority (DFSA) within […]
Muscat: The National Bank of Oman’s (NBO) Direct Debit E-Mandate offers secure and automated recurring payment solutions for both corporate and retail customers. It reflects the bank’s commitment to provide convenient, flexible, and efficient digital banking experiences while driving innovation in the Sultanate’s financial sector. Aligned with the Central Bank of Oman’s efforts to modernize payment […]