![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 – Top startup news you ought not to miss [Sep 28 – Oct 04]
Weekly roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from September 28 to 04 October, 2020.
Dubai
12th Arab Fashion Week to showcase Brazilian haute couture
12th edition of Arab Fashion Week will be held in Dubai from October 21 to 24 and streamed online across various channels including TikTok.
Dubai economy to contract by 11%, impact of COVID-19 on tourism
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
Yalla Group becomes UAE’s first tech-Unicorn to be listed on NYSE
Yalla Group on Wednesday, 30 September 2020 has become UAE's first tech-unicorn to be listed on New York Stock Exchange (NYSE).
Dubai’s global search engine Meekd.com secures seed funding
Dubai-based meekd.com, a global search engine, on Tuesday 29 September 2020, secured seed funding from Xmovies, and an angel investor.
Protiviti and Monimove to provide next-gen credit utilisation, supply chain and trade finance in UAE
Protiviti Member Firm for the Middle East Region, a global consulting firm, builds a strategic alliance with Dubai's fintech startup Monimove.
Dubai-based dental platform UDENZ raises $100K funding
Dubai's online dental platform, UDENZ on 3 September raised $100K from Global Ventures UAE and several angel investors.
Dubai’s Launch DXB partners with Virtuzone to extend support to Lebanese entrepreneurs
Launch DXB and Virtuzone launched a special discounted startup support package for business setup in the UAE for Lebanese startups.
Delivery Hero acquires Dubai’s InstaShop for $360M
Dubai's online grocery shopping marketplace InstaShop today announced that the company has been acquired by Delivery Hero
UAE’s Opaala smart service platform witnesses revenue spikes with partner F&B Outlets
Here's how Dubai's hospitality-tech startup Opaala is answering to the challenges faced by the hotels and food & beverage venues across UAE.
iKcon – Dubai’s cloud kitchen startup raises $5 Mn funding
Dubai's cloud kitchen platform iKcon has reportedly raised a whopping $5 million in a pre-Series A round led by Arzan VC, AlTouq Group and Nazer Group.
Buzzy247 – UAE’s e-commerce ecosystem to launch B2B & B2C marketplace for SMEs in Dubai
Buzzy247, omnichannel e-commerce marketplace that connects existing local merchants and customers, is set to officially launch in August