DIFC Presidential Directive Ends on 31 July 2020
The directive was declared as DIFC Presidential Directive No 4. 2020 on 26 April 2020 to address the pressing need for firms based in the Centre and...
Dubai
Dubai’s VentureSouq invests in Wallets Africa – a Nigerian startup
Founded by John Oke in 2018, Wallets Africa enables people and businesses to send and receive payments seamlessly through its mobile app.
Enhanced DIFC Data Protection Law Comes into Effect on 1 July 2020
DIFC, the leading international financial hub in MEASA region will implement the new Data Protection Law No. 5 of 2020 from 1 July 2020.
Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.
How this Dubai-based entrepreneur made ‘I am Dubai’ app a great success?
A 27-year-old Dubai-based entrepreneur Kareem Elmashad, also known as Kareem Zoro launched the I am Dubai app in March 2019.
Dubai’s EMPG unveils details of its merger with OLX Group
EMPG unveiled deeper details of the merger. Both Dubizzle and Bayut will be operated by EMPG. Global presence for EMPG other than the UAE includes Zameen...
Dubai’s AHOY raises Seed funding to disrupt with its mobility technology amid COVID-19
AHOY in an ongoing seed funding round has so far raised 7-figure amount (AED) to advance its core technology and deploy the same as a SaaS model.
Dubai’s EMPG acquires Thai online retailer Kaidee
Dubai-based online classified group Emerging Markets Property Group (EMPG) last week announced that it has acquired Thai's largest online marketplace Kaidee.
Dubai’s Falcon Eye Drones closes strategic investment from Aerodyne Group
Dubai's Falcon Eye Drones Services (FEDS) announced a major strategic investment from global drone-based management solutions provider Aerodyne Group.
Dubai’s Hotel Data Cloud bags $350K funding in a seed round
Dubai, UAE headquartered Hotel Data Cloud (HDC) bags $350K in a seed funding round from some regional and international investors.
Talabat and Kitopi join forces to distribute 20,000 meals to communities impacted by COVID-19 in Dubai
Middle East's largest food and grocery platform Talabat, and Kitopi, Dubai's leading cloud kitchen platform distributing over 20,000 meals amid COVID-19
Dubai-based fintech startup Mamo Pay raises $1.5 Mn from Global Founders Capital
UAE-based Mamo Pay, a peer-to-peer payments app on Tuesday (April 7) raised $1.5 million in a seed funding round led by Global Founders Capital