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
UAE
News and stories from the ever-growing startup ecosystem of the United Arab Emirates (UAE) – the startups, investors, whopping funding rounds, and everything in between.
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.
India’s Financepeer raises $3 Mn from MS Fincap, UAE’s Danube and more
Mumbai, India-based Financepeer on Tuesday, 29 September 2020, raised $3 million from Jaipur's MS Fincap, UAE's Danube, and more.
UAE’s decree of women empowerment, new law ensuring equal pay for men and women from today
UAE's new law that ensures equal pay for men and women in the private sector of the UAE, has come into effect from today, 25 September 2020.
US-based talent marketplace Walzay enters the MENA region
US-based Walzay, a full-stack hiring solution for businesses has now entered the MENA region by launching a branch in the UAE.
[Exclusive] Zomato Co-founder Pankaj Chaddah launches Mindhouse in the UAE
Gurgaon, Haryana-based meditation and mental wellness startup Mindhouse, on Sunday (20 September 2020) announced its launch in the UAE.
MENA-based Wiz Holding raises $2 Mn seed for Wiz Shops
MENA-based e-commerce enterprise Wiz Holding secures $2 million from international investors from KSA, US, and Canada for Wiz Shops.
Virtuzone partners with Zbooni to provide SMEs with transaction solutions powered by WhatsApp
Virtuzone has partnered with Zbooni to allow its clients quick and seamless access to transaction solutions via Whatsapp
Delhi’s EkAnek raises $5.4 Mn funding from UAE’s Alpha Wave Incubation
Delhi-based EkAnek on Monday raised $5.4 million (around INR 40 crore) in a Series A1 round led by UAE's Alpha Wave Incubation (AWI) Fund
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.