DUBAI, UAE – Ruya, the pioneering digital Islamic bank, and Ignyte, the government-backed startup ecosystem, have officially forged a strategic partnership. This collaboration aims to accelerate innovation across the UAE by integrating Ruya’s Shari’ah-compliant digital banking expertise with Ignyte’s comprehensive support for entrepreneurs.
The UAE continues to lead the MENA...
Amazon’s payment processing service in the MENA region, Amazon Payment Services has announced some changes about waiving all fees for the new businesses. Their aim is to benefit from the services that come with it in Egypt. Amazon Payment Services will postpone their services on accounts and support fees...
The popular food delivery platform Grubtech has teamed up with Foodics to give the clients with admittance to Foodics' high-level point of sale (POS), an association that will coordinate 7k restaurants served by Foodics with a small bunch of food aggregators including Careem, Talabat, and Jahez. As a business-to-business...
The popular Karachi-based Fintech startup CreditBook that helps small business visionaries digitize and track the entirety of their exchanges, has announced raising about $1.5M up in seed round and that’s not all. The startup's seed round was a blend of worldwide and nearby financial backers. They include Pakistan's BitRate...
Abu Dhabi has made another committee to manage the improvement of free zones in the emirate and survey enactment administering every one of them so that the regulations stay intact. The Executive Council of Abu Dhabi has given a choice to shape the Free Zones Council, led by the...
Tunis-based edtech startup GoMyCode has reported its multi-mainland venture into Algeria, Morocco, Egypt, Nigeria, Ivory Coast, Bahrain, and France, taking advantage of new business sectors subsequent to getting subsidizing last year. The platform was established back in 2017 by CEO Yahya Bouhlel, GoMyCode began as a coding school prior...
A SaaS platform for employee engagement, Engagesoft, based in Jordan has announced a Pre-Seed investment in six-figures from angel investors based in Jordan and Saudi Arabia. Engagesoft began its operation officially in Amman in the last quarter of 2020.
The start-up was founded by a team with a vast knowledge in...
JOI Gifts, the popular UAE-based and both MENA servicing online gifts marketplace has managed to successfully raise about $2.5M in their latest Series A funding round. This particular Series A funding round was led by Knuru Capital, the Dubai-based VC focused on FinTech and consumer marketplaces. The funding round...
The popular Dubai-based market leader, iMile in delivery services has recently and officially launched their services in Egypt. Their current operations are based in Cairo and Suez and a goal to expand further in the region.
“We have solid plans for what we want to achieve in 2021 and our...
It was announced recently that there will be ‘One Million Entrepreneurs’, a campaign targeting potential talents and future entrepreneurs across Egypt, and the campaign is led by the Egyptian Ministry of Planning and Economic Development. The program is for all ages and groups across Egypt. It’s a fully online...
