Softbank teams up with Goldman Sachs for the second $100 Billion Raise
SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund...
News
Latest developments in startups, business, and technology across India, MENA, North America, Europe, and global markets. Stay informed with breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
Egyptian Startup Orcas raises $500,000 from Algebra Ventures and NFX Ventures
The Egyptian ed-tech startup Orcas that connects students and parents with specialized tutors and babysitters has just raised $500,000...
Uber clears first regulatory hurdle in Careem acquisition
Uber cleared the first regulatory hurdle of its $3.1 bn acquisition of Careem as the UAE Minister of Economy granted full approval of the deal...
Facebook Invests in Indian Social Commerce Startup Meesho
Facebook announced today about its investment in Indian social commerce startup Meesho that connects buyers and sellers over social platforms...
Amazon Prime now available in the UAE
UAE consumers can now enjoy Amazon Prime which provides premium advantages like free shipping, free next-day delivery, entertainment offers and discounts.
UAE Fintech Startup Foloosi Raises Pre-Seed Funding
UAE-based fintech startup Foloosi raised pre-seed funding (amount undisclosed) from angel investor Rashed Alfalasi...
Etihad Partners with Swae to Launch AI-powered Crowd Sourcing Platform iFikra
Etihad Airways (Etihad), the national airline of the UAE, and Swae, an award-winning startup based in Vancouver, have partnered to launch iFikra.
UAE launches ‘One Million Jordanian Coders’ initiative
The launch of ‘One Million Jordanian Coders' initiative was announced by the UAE, in Jordan’s capital Amman...
RBI Denies Knowledge, Involvement in Draft Bill to Ban Cryptocurrency
The Reserve Bank of India (RBI) has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies...
Airbnb to launch a MENA version in Arabic
The international hospitality service brokerage platform Airbnb has recently announced that they'll be launching the Arabic version of the platform for MENA.
Meet the First 2 Indians who received 10-year Visa in Dubai
Vasudev Shroff and Khushi Khatwani are the two Indian businessmen who have got 10-year visa in Dubai. They are the first Indians to enjoy this privilege...
Funding Agreement to be signed between Egypt Govt and World Bank
The objective of the agreement between Egypt and the World Bank is to promote startup culture and job creation for women and the youth...