DUBAI, UNITED ARAB EMIRATES – Amwal Capital Partners, an independent alternative investment firm with offices in Dubai and Riyadh, today announced the successful launch and first close of its Shariah-compliant financing fund. The fund is designed to address the rising demand for ethical, Shariah-compliant financing solutions from investors, and flexible capital for small and medium-sized enterprises […]
UAE’s AqlanX secures $10mln investment from DoxAI to launch Arabic-first enterprise AI in the Middle East
HE Dr Thani Al Zeyoudi: “This collaboration demonstrates the power of the NextGen FDI program and underscores our commitment to fostering an innovative ecosystem.” Dubai, UAE: AqlanX, a UAE-based artificial intelligence company, today announced a US$10 million investment from Lakeba Group through their venture DoxAI, marking a significant milestone in the region’s digital transformation journey. The […]
Indian Flipspaces secures $35 million to expand Tech-Led Commercial Interior Design Operations in the UAE
Tech-led commercial interior design and build startup Flipspaces has secured USD 35 million in a fresh funding round comprising a mix of primary and secondary capital. The round was led by Iron Pillar, with continued backing from Prudent Investment Managers and new participation from Synergy Capital. Founded in 2015 by Kunal Sharma, Ankur Muchhal, Vikash […]
UAE-based metabolic health company Endocare Secures Financing to Drive Middle East Expansion
Dubai, UAE: Endocare, a leading metabolic health company dedicated to transforming lives by bridging innovative treatments with personalised care, has proudly announced the successful closing of its financing for its Middle East expansion. The milestone marks a significant step as the company progresses to scale its operations while simultaneously advancing its mission of delivering cutting-edge healthcare […]
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 […]
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 […]
Fuze raises $12.2mln Series A funding to scale Digital Assets infrastructure across MENA and Turkey
Fuze provides Digital Assets-as-a-Service infrastructure enabling financial institutions and businesses across MENA and Turkey. Abu Dhabi, UAE and New York, USA: Fuze, the Middle East and Turkey’s fastest growing digital assets infrastructure firm, today announced the successful completion of a $12.2 million Series A funding round led by Galaxy (TSX: GLXY), a global leader in […]
UAE’s Zest Equity Secures $4.3M in Pre-Series A Funding led by Prosus Ventures
Zest Equity, the leading digital infrastructure solutions platform for private market transactions, today announced it has secured $4.3 million in pre-series A funding from strategic investors, led by Prosus Ventures with participation from Morgan Stanley Inclusive & Sustainable Ventures (MSISV). This investment reinforces Zest Equity’s mission to simplify and digitize private market transaction processes by […]