Dubai’s Eyewa raises $21 million Series B to expand its

Dubai-headquartered eyewear startup Eyewa has raised $21 million in a Series B co-led by Kingsway Capital and Nuwa Capital, it announced in…

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UAE retail e-commerce market reaches $3.9bn in 2020

In 2020, the apparel and footwear category had the highest share of 33 per cent ($1.3bn) in the UAE retail…

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Dubai plastic waste-to-clothes startup looks to KSA

The company converts plastic bottles — collected from schools, events and businesses across the city — into clothes The UAE…

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ADIB announces digital account opening for SMEs

Abu Dhabi Islamic Bank (ADIB), today announced that it launched a digital account opening system to enable SMEs to open…

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UAE-based Alma Health secures investment from Oryx Fund

Alma Health, an Abu Dhabi-based healthcare startup has announced it has received funding from the Hambro Perks Oryx Fund, a dedicated venture fund…

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Wellbeing Nutrition raises $2.2M in Series A funding from Fireside Ventures

This is the second investment for the Mumbai-based nutraceuticals startup in June 2021. Here’s what is attracting investors towards Wellbeing…

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Fintech funding record: Dubai-based Tabby raises $50mln in debt financing

The company raised $50mln in debt financing from Partners for Growth Dubai-based buy-now, pay-later company Tabby has raised $50 million…

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Generation Start-up: FortyGuard looks to mitigate effects of extreme heat on cities

Company is applying special coatings to surfaces and using AI to find ways to reduce ambient temperatures in a cost-effective…

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SRTI Park holds ‘Energy & Innovation Leadership Talk’

Sharjah24: The drive towards creating a cleaner energy future for the world took centre stage during the ‘Energy & Innovation…

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UAE’s Emirates Development Bank allocates Dhs30m to finance SMEs through Beehive platform

The Beehive platform uses crowdfunding technology to connect SMEs seeking finance with investors who can support their finance requestUAE’s Emirates…

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