Money Inc.Arabia Staff UAE’s The Binary Holdings Bags US$5 Million from ABO Digital The Web3 infrastructure provider aims to have one billion users by the end of 2025.
Startup Inc.Arabia Staff Flat6Labs’ Riyadh Seed Program Selects 10 Saudi Startups The entrepreneurs will receive four months of acceleration support and a minimum cash investment of US$133,059.
Money Inc.Arabia Staff Pemo Secures US$7 Million Pre-Series A Funding Round “As Saudi companies — especially SMEs — adopt new digital solutions, Pemo aims to become a trusted enabler of financial empowerment for local small businesses and entrepreneurs.”
News Inc.Arabia Staff EIGHTClouds Invests $10M to Back Next’House Expansion in GCC The hostel will feature a beachfront setting that combines a social, relaxed atmosphere with high-end amenities.
Money Inc.Arabia Staff Talabat Plans IPO On Dubai Financial Market By Mid-December The IPO is set to become one of the UAE’s largest public offerings this year.
Money Inc.Arabia Staff Arzan VC, Ahmad Takatkah Launch Revenya Capital Based out of Riyadh, the revenue-based financing firm will support tech startups in the MENA region.
Money Helal Tariq Lootah How Data-Driven Finance Will Transform Middle East Banking By embracing data-driven finance, banks can transform their services, remain competitive, and meet the evolving expectations of their customers.
Money Inc.Arabia Staff Investment Outpour is Fueling MENA’s Edtech Boom As demand for edtech rises, so does investment in the sector.
News Inc.Arabia Staff Mila Celebrations Raises $227,000 in Pre-seed Round Mila will use the new funds to improve its app, broaden its service offerings, and handle a wider variety of events.
Press Releases Inc.Arabia Staff 24 Fintech Crowned Largest Debut Fintech Event In History The exhibition and summit enjoyed a historic three-day run at Riyadh Front Exhibition and Conference Center.
Money Sponsored Content 24 Fintech Wants to Transform Fintech in MENA, and Beyond The inaugural edition of 24 Fintech will position Riyadh as the leading global fintech capital.
Money Inc.Arabia Staff Edtech Corrsy Raises $500,000 in pre-seed funding The startup will use the funds to enhance education in the region.
Money Vijay Valecha UAE Joins Top Tourism Ranks with $51.9 Billion Haul The UAE is also one of the fastest growing destinations for medical tourism for its superior infrastructure, a diverse range of services, and adherence to strict patient safety standards.
Money Inc.Arabia Staff Saudi Arabia is Going All in on Sports From signing football legends like Cristiano Ronaldo to hosting the Esports World Cup, Saudi Arabia is betting big on sports.
Money Inc.Arabia Staff The Potcast Productions Closes Pre-seed Round Recently, Vodafone Business awarded TPP with the Gold Ticket Award for their performance in the Shark Tank program.
Money Inc.Arabia Staff Kuwaiti Waves Obtains Funding for Expansion The Waves application is operational in Kuwait, Saudi Arabia, Qatar, and the UAE.
Sustainability Inc.Arabia Staff Q&A: Can Innovative Finance Help Build a Greener Future? Inc. Arabia speaks to Aytekin Ertan, associate professor of accounting at London Business School, about how innovation in finance can create a runway for a more sustainable future.
Money Inc.Arabia Staff Numa, Mamun Forge Alliance for Enhanced Financial Solutions Mamun and Numa will collaborate to provide a range of financial services and products, including tools for managing money, chances for community involvement, and flexible financing alternatives.
Startup Inc.Arabia Staff Holo Secures Undisclosed Pre-Series A Funding The UAE-based proptech will use the funding for expansion in the GCC regions starting with Saudi Arabia.
News Inc.Arabia Staff Shorooq Partners Launches Second Private Credit Fund In collaboration with IMMG, the fund has a $100 million initial close.
News Inc.Arabia Staff Saudi Arabia Plans Aramco Shares Sale The offering could raise $10 million, and the sale is expected to happen as soon as June.
Money Inc.Arabia Staff KSA Fintech's $224 Million IPO Attract $29 Billion in Orders Some companies have recently announced plans to list on the Riyadh bourse and have been met with a spike in investor demand.
Money Inc.Arabia Staff MDD Saudi Arabia Secures Series A Investment The investment will support MDD’s growth, enabling further expansion and service development.
Money Inc.Arabia Staff A China-U.S. EV Trade War Could Put Brakes on Biden's Clean-Car Agenda. The cost of batteries will rise as the administration tries to keep finished, heavily subsidized Chinese vehicles out of the U.S., driving domestic EVs to unaffordable price points.
Money Inc.Arabia Staff Who Needs an IPO? Why Startups Are Offloading Stocks on the BY SAM BLUM, SENIOR WRITER @SAMMBLUMSecondary Market. New reports indicate that would-be IPO candidates are selling equities to investment firms and retail investors alike.
Money Kirill Sosnin Saudi Arabia as a New Leader in Venture Investments in MENA Achieving success in Saudi Arabia depends not just on understanding the legal frameworks but also on being adaptable to the swiftly evolving economic and cultural landscape.
Money Inc.Arabia Staff How Egypt’s Thndr is Making Investing Accessible Inc. Arabia speaks to Ahmad Hammouda, CEO and co-founder of Thndr, an investment platform that wants to democratize access to investing.
Money Inc.Arabia Staff Lunate Acquires 40% Stake in ADNOC's Pipeline Assets The acquisition was made through Lunate's Long-Term Capital Fund.
Money Inc.Arabia Staff Moroccan Fintech Tookeez Secures $1.5 Million Fund The funding led by the Azure Innovation Fund will be used for technological development and expansion plans.
Money Inc.Arabia Staff Saudi Foodtech Kitchenara Raises $380,000 in Funding The investment will help accelerate the platform's growth strategy.
Money Inc.Arabia Staff Rakeez Capital Secures $2 Million Seed Round The investment was led by CoreVision.
News Inc.Arabia Staff Egypt Devalues its Currency for the Fourth Time in Two Years Following the CBE's announcement, the Egyptian pound hit a fresh low record against the US dollar, recording EGP 45 on March 6th.
Money Inc.Arabia Staff UAE residents to spend 2024 bonus on retirement and real estate, Zurich survey reveals
Money Inc.Arabia Staff Iraqi Fintech Wayl Secures $150,000 Pre-Seed Funding Round The startup aims to empower social media vendors and freelance professionals throughout the region.