UAE-based investor Murari Lal Jalan is understood to be favoured to take over India’s grounded Jet Airways by the airline’s creditors.
Author - Editorial Staff
Egypt-based last-mile delivery startup dreevo on Thursday, 8 October 2020 raised an undisclosed six-figure pre-seed funding.
Bahrain's EDX Labs On Thursday, 8 October 2019 has been recognised as a Representative Vendor for DMARC and Brand Protection by Gartner.
Egypt's digital transformation and e-payments platform, Fawry has signed a strategic partnership with Visa to accelerate e-payments in Egypt.
Egypt-based community management solution provider Milango, on Tuesday, 6 October 2020, raised a six-figure seed funding from A15 and more.
UAE-based Emirex Exchange has recently raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC)
Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from September 28 to 04 October, 2020.
UAE's ranking factors in the "World Digital Competitiveness Ranking 2020", the first in the Arab world and nineth in the world.
S&P Global Ratings on Saturday, 4 October 2020, stated that Dubai's economy could contract by 11 percent in, impact of COVID-19 on tourism
Ma’an, a Ghadan21 accelerator programme initiative, on Tuesday, 29 September 2020, launched its first digital funding platform.
UAE-based healthtech startup company Mango Sciences on 30 September 2020 raised an undisclosed amount of funding from UAE's Spartech Ventures.
500 Startups, the most active global early-stage venture capital firm on Wednesday onboarded new board members for 500 MENA
Through the Innovate Jordan programme, the EU is investing EUR20 million to unlock entrepreneurship and innovation in Jordan.
UK's fintech Fasset receives authorisation to test its solutions for the tokenisation of hard assets in Bahrain's FinTech Regulatory Sandbox.
Hyderabad's electric vehicle manufacturer E-Trio on Tuesday, 29 September 2020, raised $3 million Series A from Singapore's various HNIs.