Seventh edition of the Futuremakers Women in Tech Accelerator to empower female entrepreneurs in the UAE with skills, funding, and global networks. United Arab Emirates– Standard Chartered announced today the launch of the seventh cohort of the Futuremakers Women in Tech UAE Accelerator, in partnership with C3 – Companies Creating Change and Village Capital. The […]
UAE-based BurjX secures in principle approval from ADGM’s Financial Services Regulatory Authority
Abu Dhabi, UAE – The future of crypto in MENA is taking shape. BurjX, a UAE-based digital asset brokerage, announced today that it has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This marks a key regulatory milestone as BurjX moves towards securing its Financial Services Permission […]
Attijariwafa Ventures Invests $1.5 Million in Tunisian Fintech Startup Konnect Networks
Casablanca/Tunis — In a significant move to bolster fintech innovation across Africa, Attijariwafa Ventures—the corporate venture arm of Attijariwafa Bank Group and Wafa Assurance—has announced a $1.5 million investment in Konnect Networks, a rapidly growing Tunisian fintech startup. The funding round drew participation from several prominent investors, including Utopia Capital Management, 54 Collective, Visa, Plug and […]
JAGGAER expands reach in Kuwait and the Middle East through collaboration with Amazon Web Services (AWS)
Collaboration underscores leading procurement software company’s regional commitment and expertise Kuwait City, Kuwait, 6 May 2025: JAGGAER, a leading global provider of procurement and spend management solutions, is collaborating with Amazon Web Services (AWS) to deliver enhanced procurement services across Kuwait and the broader Middle East region. This new collaboration marks a significant expansion of […]
BoxCommerce and ruya join forces to revolutionise eCommerce for SMEs in the UAE
Dubai, UAE – In a landmark move to transform the digital landscape for small and medium-sized enterprises (SMEs), BoxCommerce, a leading global eCommerce platform and MasterCard Start Path Partner, has announced a powerful new partnership with ruya. This collaboration brings together banking and eCommerce in a single, integrated toolkit—designed specifically to help everyday SMEs in the […]
Beyond ONE™ Launches FRiENDi Pay in Oman, Transforming Digital Payments for the Sultanate’s Residents
Muscat, Oman: Beyond ONE™, the digital services provider and global tech company, has announced the launch of FRiENDi Pay, a licensed digital mobile wallet service that will transform how people in Oman makes payments and send money internationally. Building on FRiENDi Mobile’s established reputation serving more than 750,000 Oman users, FRiENDi Pay offers a comprehensive financial solution […]
Foras Acquires 10% Stake in UAE-based Supply Chain Startup Canater for $1 Million
Nagaty: We Believe in Canater’s Potential to Revolutionize How Regional Manufacturers Expand into Global Markets. Canater offers innovative solutions in international contracts, supply chains, and logistics to boost MINA’s export of packaged consumer goods to global markets. In a move underscoring strong confidence in the emerging tech sector, “Foras,” a leading investment and innovation firm, […]
Shark Tank Dubai returns for Season 3 on Dubai TV with fresh opportunities and bold projects
Dubai, UAE: Following two successful seasons topping ratings on Dubai TV and the “Awaan” platform, Shark Tank Dubai returns for its third season. The new season features more than 77 entrepreneurs from the UAE and abroad, who will pitch their ventures to secure investment from a panel of renowned business leaders. Aligned with Dubai Media’s […]
Pakistani-Founded Sneaker Startup Atoms Raises Over $2 Million from 450 Customers in Private Round
Source: Business Recorder Brooklyn, USA — May 2025 — Atoms, a Brooklyn-based sneaker startup founded by Pakistani entrepreneur Sidra Qasim, has successfully raised over $2 million in a private funding round led by its own customers. The announcement was made by Qasim on LinkedIn, where she described the initiative as “the most meaningful experience” of […]
Alfardan Exchange Partners With iPiD to Launch Qatar’s First Real-Time Payee Verification Service
Doha, Qatar – Alfardan Exchange, the trusted and leading name in the field of exchange, financial transfers and precious metals in Qatar, has partnered with iPiD to launch the first real-time beneficiary validation solution in the exchange industry in Qatar. By integrating iPiD Validate, Alfardan Exchange is pioneering a new era of secure, transparent, and […]
