Hala the UAE-based InsurTech raises $5M Series A

Abu Dhabi-based InsurTechHala has successfully closed its Series A round at $5M. The round was led by Entrée Capital, with participation from  Mubadala…

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The Dubai-Based Mohammed Bin Rashid Innovation Fund Accelerator Program Enrolls Its Largest Cohort To Date

The latest MBRIF accelerator has chosen 13 UAE-based and 11 internationally located startups our of a total of 150 applicants….

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SMEs express confidence in UAE as startup destination

A majority of small and medium-sized enterprises (SMEs) have revealed that they feel that the UAE is a “great place”…

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Pakistan’s B2B marketplace and digital ledger platform Bazaar raises $30 million

A one-year-old startup that is building a business-to-business marketplace for merchants in Pakistan and also helping them digitize their bookkeeping…

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UAE’s Silkroad Images to Expand Library After ISSF Investment

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $150,000 into UAE-based stock image provider, Silkroad Images, in a pre-Series…

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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round

Servicing one’s car personally is a time-consuming, expensive and painstaking process. It’s a cycle that can lead to more expensive repairs and…

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UAE Car Subscription Service invygo Secures 1.9M in Pre Series A

UAE-based car subscription service, invygo, has secured $1.9 million in pre-Series A funding in a round led by new and…

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startAD, VentureSouq announce 2nd edition of Conscious Investor Fellowship

ABU DHABI, 18th August, 2021 (WAM) — startAD, the Abu Dhabi-based startup accelerator powered by Tamkeen and anchored at NYU…

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Abu Dhabi unboxes the Middle East’s first quantum supercomputer

Achieving a temperature 100 times colder than deep outer space is about to become possible in Abu Dhabi – and…

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Swvl considers listing on Egyptian Exchange in 2022

CAIRO, Aug 12 (Reuters) – Transport start-up Swvl, based in Dubai and Cairo, expects to turn its first profit in…

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