
Dubai’s Emirex Exchange raises undisclosed investment from US-based Alpha Sigma
UAE-based Emirex Exchange has recently raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC)

UAE-based Emirex Exchange has recently raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC)

Algiers, Algeria-based temtem, a mobility startup on Sunday, 4 October, 2020, announced that it has launched the country's first super app
![Weekly Roundup - Top startup news you ought not to miss [Sep 28 - Oct 04]](https://laffaz.com/wp-content/uploads/2020/10/laffaz-weekly-top-startup-news-sep-28-oct-04-768x402.jpeg)
Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from September 28 to 04 October, 2020.

India's education giant Amity Group has reportedly announced that it is projecting to set up new schools in the UAE and Oman.

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.

Yalla Group on Wednesday, 30 September 2020 has become UAE's first tech-unicorn to be listed on New York Stock Exchange (NYSE).

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.