Abu Dhabi, UAE – Finstreet Ltd, an IHC Group company through Sirius International Holding, announces the signing of a Memorandum of Understanding (MoU) with One Investment Management (“OneIM”), a global alternative investment management firm. This marks the beginning of a collaborative effort to explore opportunities across products focused on credit assets under ADGM’s regulatory framework. Leveraging […]
Cohort 16 startups have raised over USD 145 million (AED 532 million), with 63 per cent of selected startups headquartered outside the UAE, reinforcing Hub71’s success in attracting high-growth international startups Hub71, Abu Dhabi’s global tech ecosystem, has welcomed 27 startups as part of Cohort 16 across Hub71’s three programs, Access, Hub71+ ClimateTech and Hub71+ Digital Assets. This new addition […]
Riyadh, Saudi Arabia – As Saudi Arabia’s construction sector continues its rapid expansion, Riyadh-based start-up BRKZ has announced an additional $8 million in equity funding, successfully closing its Series A round. This latest investment doubles the previously raised amount, bringing the total Series A funding to $17 million, alongside an additional $1 million in debt financing. […]
Riyadh, Saudi Arabia – String, a Saudi-based marketing automation platform, has successfully closed a $533K pre-seed investment round, backed by a group of angel investors. This funding marks a significant milestone in the startup’s journey to revolutionize marketing automation and customer engagement across the MENA region. Founded in 2023 by Tariq Tailakh and Muayad Qanadilo, […]
Istanbul, Turkey – Aktif Bank’s subsidiary, Aktif Ventures, has announced a strategic partnership with digital asset infrastructure provider Fuze. Through this collaboration, Aktif Ventures has integrated Fuze’s crypto trading, custody, and OTC services into its API marketplace, Apilion. As part of its mission to foster fintech innovation, Aktif Ventures has expanded its product portfolio with […]
Istanbul, Turkey – Aktif Bank’s subsidiary, Aktif Ventures, has announced a strategic partnership with digital asset infrastructure provider Fuze. Through this collaboration, Aktif Ventures has integrated Fuze’s crypto trading, custody, and OTC services into its API marketplace, Apilion. As part of its mission to foster fintech innovation, Aktif Ventures has expanded its product portfolio with […]
The MENA region is entering a transformative chapter in financial services, where seamless communication meets cutting-edge technology. Leading this change is a remarkable collaboration between Unifonic, the region’s leading AI-powered communication platform, and Ottu, an Online payment management system . A new age is dawning with this Mutual Collaboration Agreement (MCA), one that promises to […]
Bahrain – StartUp Bahrain, the leading platform for startups in the Kingdom of Bahrain, supported by the Labour Fund (Tamkeen), has announced a strategic partnership with Spring Venture Services, a subsidiary of Salica Investments. The collaboration aims to enhance the entrepreneurial ecosystem in Bahrain by providing startups with essential resources, strategic guidance, and access to investment […]
Riyadh, Saudi Arabia – Mohami, a pioneering Saudi startup specializing in AI-driven legal consultancy, has successfully closed a pre-seed investment round worth SAR 1 million, raising the company’s valuation to SAR 15 million. The newly acquired funding will be utilized to strengthen Mohami’s presence in the Saudi market and expand its service offerings to meet the increasing […]
Mush Social, the leading social platform, announced its full acquisition of Pubbles, one of the region’s earliest and most prominent social media applications. This strategic move aims to expand Mush Social’s user base and reinforce its digital presence. The acquisition follows the remarkable success of Pubbles, which was incubated under the TAQADAM Accelerator program affiliated […]