Israeli venture capital firm OurCrowd joins forces with UAE’s Phoenix Group
Jerusalem, Israel-based venture capital firm OurCrowd on Tuesday, 6 October 2020, signed an MoU with UAE's Phoenix Group.
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.
50 MENA startups made it to Forbes Middle East, 8 Women-led startups
Here's to the the proud moment for the MENA startup ecosystem, the "Middle East's 50 Most-Funded Startups 2020" list is here.
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.
UAE ranks first in Arab world in IMD World Digital Competitiveness Ranking
UAE's ranking factors in the "World Digital Competitiveness Ranking 2020", the first in the Arab world and nineth in the world.
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.
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.