Dubai, UAE – October 2, 2024: In a landmark initiative aimed at empowering innovators and fostering creativity, the Dubai Future Foundation (DFF) and the UAE Ministry of Economy have announced the launch of the Dubai Intellectual Property Hub (DIPH). The UAE’s first centralized platform for intellectual property (IP) and intangible assets (IA) was unveiled at […]
Dubai, UAE — October 1, 2024 — Podeo, the world’s largest podcast distribution platform, today announced the completion of a $5.4 million Series A funding round. Led by Oraseya Capital, the VC arm of Dubai Integrated Economic Zones Authority, with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital, the […]
Abu Dhabi, UAE – Microsoft Corporation is set to strengthen its global engineering presence with the launch of its first-ever Global Engineering Development Center in the Arab world, located in Abu Dhabi. This move marks a significant milestone as the UAE becomes a key player in Microsoft’s global network of development centers, which are dedicated […]
Dubai, UAE – In a significant milestone, Ripple, a leading provider of digital asset infrastructure, has received in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC). This achievement positions Ripple as a regulated entity within the UAE and allows the company to introduce its […]
NEW YORK, United States of America, September 27, 2024/APO Group/ — Itana (http://apo-opa.co/4dnuip1), Nigeria’s first licensed digital economic zone management company, and Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, have agreed to jointly develop the first digital economic zone in Africa designed for global and Pan-African technology, finance and service-based businesses to […]
CASABLANCA, Morocco, September 27, 2024 – Network International (www.Network.ae), a leading enabler of digital commerce in the Middle East and Africa, officially announces its establishment in Morocco, furthering its strategic expansion in Francophone Africa. With over 30 years of industry leadership, Network International is committed to accelerating the digitalization of payments in the Kingdom through […]
Cairo, 29 September 2024 – Kredit, a newly launched SME financing company under GB Capital Group, is proud to announce it has secured EGP 50 million in funding from the National Bank of Egypt (NBE). This investment is an integral part of Kredit’s mission to enhance financial inclusion and provide crucial support to Egypt’s small and medium enterprises (SMEs). […]
Dubai, UAE – Magnati, a leading regional payment solutions provider, has announced a strategic partnership with Wio Bank to deliver cutting-edge embedded finance solutions to businesses across the UAE. This collaboration aims to streamline access to critical financial services for small and medium-sized enterprises (SMEs), leveraging real-time POS (Point of Sale) data to offer tailored […]
KARACHI, September 2024 — Pakistan Telecommunication Company Limited (PTCL) and the International Finance Corporation (IFC)-led consortium celebrated a landmark financing agreement to facilitate PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited. The acquisition, valued at Rs 108 billion, is subject to regulatory approvals and marks a pivotal moment in Pakistan’s telecom sector. PTCL […]
Riyadh, Saudi Arabia — Amplify Growth Partnership has officially launched a $100 million growth debt fund, aimed at providing debt capital to technology-focused companies across the Middle East, North Africa, and Turkey (MENA) region. The fund is set to bridge the debt capital gap, offering much-needed financial solutions to tech-driven businesses in the Series A […]