Foloosi Raises $500K to Keep Augmenting its POS Solutions
Foloosi today raised a seed fund of $500,000 from existing investor Rasheed Alfalasi along with new investor Mohammed Alsuwaidi.
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India’s Bitbns Announces AED-based Crypto Trading
Indian cryptocurrency exchange Bitbns now allows UAE-based crypto traders to buy and sell cryptocurrency on its platform in AED.
ADGM Selects Four New Startups to its Fourth RegLab Cohort
Abu Dhabi Global Market (ADGM) announced the admission of four new fintech startups to its fourth Regulatory Laboratory (RegLab) cohort.
Kuwait-based JustClean Announces Expansion Plans in GCC Region
JustClean is a Kuwait-based laundry app that connects laundry businesses with customers.
Dubai’s Careem Eyes New Markets for Hala Taxi JV
Ride-hailing app Careem plans to expand its newly launched Hala joint venture to other parts of the region following its initial success in Dubai
Dubai’s Falcon Network Inaugurates with Investments in 6 Startups
Falcon Network, a group of emerging markets-based angel investors concluded their inaugural round with the completion of six investments.
Kuwait’s COFE Partners with American Express Middle East
Kuwait based COFE app, an online coffee marketplace app, announced their partnership with American Express Middle East (AEME).
Dubai-backed Swiss Fintech Startup ‘Numbrs’ Turns Unicorn
Numbrs, backed by Investment Corporation of Dubai and Josef Ackermann raised fresh capital to value the company at more than $1 billion.
Egyptian Fintech Startup NowPay Raises $600k from 500 Startups and Endure Capital
Cairo-based fintech startup, NowPay has raised $600,000 seed funding from Silicon Valley’s Endure Capital and 500 Startups.
OYO Hotels & Homes Launches Arabic Version App in the UAE
OYO Hotels & Homes who is already taking giant leaps of expansion in the Middle East announced the launch of the Arabic version of its app...
Riyadh-based GEMS Education KSA and Hassana Jointly Acquires Ma’arif for $800Mn
GEMS Education KSA on Monday announced the completion of the $800 million acquisition of Ma’arif...
How Farming v2 is Paving towards a Better Agritech Future of India
Farming v2 is a Delhi-based bootstrapped agritech startup that builds and operates hyperlocal tech-enabled farms, growing food indoors...