Federal Bank has gone into an essential tie-up with Mashreq Bank to work with cash moves from the UAE to India by supporting the latter’s faster payment product QuickRemit. It was launched back in 2017 and has been fully functional ever since. Because of the association, Mashreq clients can...
FOODICS, a Saudia Arabia-based all-in-one restaurant management platform raised about a $20M Series B funding round at the start of the year. The funding round was led by Sanabil Investments and was also co-led by STV earlier this year. Other investors included Derayah, Endeavor Catalyst, and Elm in the...
In the complex digital world of today, the world of Fintech is ripe for growth. However, one of the concerns about growth for clients, investors, and staff is how it can be long-lasting and sustainable.
The segment has grown dramatically with Fintech firms showing some of the very popular growth...
The popular fastest-growing science venture from Egypt, Nawah Scientific has announced its official launch in Jordan. Although this isn’t the first time Nawah is doing business in Jordan since their collaboration with Jordanian universities and scientists has been already established back in 2018 via Nawah’s hub in Cairo.
“With a...
As the FinTech revolution has slowly been sweeping the Western world over the past decade and gaining a foothold in many aspects of commerce, the Middle East region has been slower to catch up but now in 2021 things are really set to change.
Whilst the West already had the...
The US government has seized Iranian media outlet domains once more, this time targeting it's primary international news arm Press TV, it's Arab news arm Al-Alam and Al Masirah which is a Yemeni TV channel controlled by the Houthis in Yemen.
This is the second time in less than 12...
The DIFC aka the Dubai International Financial Center has welcomed Napier to lead UK fintech to its innovation hub. It was founded back in 2015 and since then, it has been developing a smart compliance platform for AML along with trade compliance using AI. Their aim is to fight...
The Detroit-and Dubai-based startup, DERQ has recently announced raising a $500k fund from Wadi Makkah Ventures as a feature of a pre-Series A round that incorporated a few other driving worldwide tech, investors and that’s not all. The venture, made in December 2020, brings the all-out reserves raised by...
District 2020:
The human-centric smart city that will emerge from Expo 2020 Dubai, has revealed a range of main collaborations that will help curate its industrial transformation and startup culture, coinciding with UAE Innovates 2021, the annual UAE Innovation week.
District 2020 is commemorating its contribution to promoting innovation in the...
The Sanar Health tech platform offers at-home health care services and multiple telemedicine to users. Its offers range from lab tests at home, clinic consultation with video chat, physiotherapy sessions, and home nursing care with healthcare professionals. Since this platform was launched in 2019, Sanar has on board over...
