100Unicorns, India’s largest early-stage accelerator venture capital (VC) fund, has announced Abu Dhabi, as its first foreign market expansion with the opening of its office in ADGM, the international financial centre of Abu Dhabi. Formerly known as 9Unicorns, 100Unicorns was launched in 2020 with the vision to nurture and create 50+ category leaders and now […]
Funding round led by MENA’s leading VC firm – Global Ventures, with participation from Dara Holdings. December 12, 2024 Abu Dhabi, UAE – BioSapien – the patented drug delivery platform treating cancer ‘locally’ – announces its $5.5 million (20.2M AED) pre-Series A fundraise. The funding was led by Global Ventures – MENA’s leading VC firm, with […]
Dubai, UAE: JazzCash, Pakistan’s leading mobile wallet provider, has announced a strategic partnership with LEJION MEDIA to revolutionize remittance services for Pakistanis residing in the UAE. This collaboration aims to simplify money transfers, enabling seamless remittances directly to JazzCash wallets in Pakistan. As the UAE remains the second-largest source of remittances to Pakistan, this partnership […]
The global South Asian ethnic wear market is set to reach $129 billion by 2030, with digital spending projected to drive nearly $46 billion of this growth. Leading the charge in this evolving landscape is LAAM, a premier Pakistan-based fashion marketplace for South Asian apparel, which has announced a $5.5 million seed funding round to expand […]
Dubai, United Arab Emirates – 12 December 2024 – Authorized push payment (APP) scam losses are on the rise, expected to climb to US$7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), an original innovator in global […]
BuyAnyAutoPart, a UAE-based B2B used car part aggregator disrupting the region’s multi-billion-dollar used car part market, has secured USD 750,000 in pre-seed funding. The company, which focuses on the search and supply of used car parts to the region’s multi-brand workshops, has attracted investment from prominent backers, including Galadari Brothers, the exclusive dealer for Mazda […]
UAE: Network International, a leading enabler of digital commerce in the Middle East and Africa, today announced that it has enabled Apple’s Tap to Pay on iPhone technology, allowing UAE merchants to seamlessly and securely accept in-person contactless payments directly using their iPhones. Available on Network’s N-Genius One iOS app, Tap to Pay on iPhone lets […]
Better aims to tackle the multi-billion dollar critical issues in men’s physical health through a range of proprietary supplements and compounded prescriptions. December 10, 2024 Dubai, UAE: Better, the first men’s wellness startup of its kind in MENA, has announced that the company has successfully raised US$550,000 pre-seed round led by Salica Spring Studios’ fund, […]
December 10, 2024 Dubai, UAE: Dubai Financial Market (“DFM”) today welcomed the successful listing of Talabat Holding plc (“talabat” or the “Company”), the MENA region’s leading on-demand food, grocery and retail platform for everyday deliveries. talabat trades under the ticker symbol “TALABAT”. Delivery Hero SE (“Delivery Hero”), the selling shareholder and a public company listed on […]
Abu Dhabi, UAE: AE Coin has secured the final Central Bank of the UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising […]