Dubai-based Arrow Labs closes $5M Series A fundraise
Arrow Labs, the Dubai-based Tech startup and workflow management platform has successfully closed a $5M Series A funding round. In…
Aleph Farms gets $105 million investment to bring lab-grown steaks to market
Funding round is led by private equity firm L Catterton and DisruptAD, the VC arm of Abu Dhabi’s holding company…
Emirati startup Aljoodi to provide Al Habtoor Group building with AI solutions
BrainBox AI Technology will lower HVAC energy cost by 25% and reduce carbon footprint by up to 40% Emirati startup…
Emirates Angels launches business directory on their app
The Emirates Angel Investors Association has launched the Business Directory on their mobile app. The directory will include a list…
EDB and FAB partner on co-lending program for SMEs in UAE
Under the agreement, FAB will offer up to Dh100 million financing to SMEs Dubai: Emirates Development Bank has signed a…
UAE’s Cashee raises $1 million pre-Seed
Cashee, a UAE-based fintech and edtech startup has successfully raised a $1 million pre-Seed funding round. Cashee provides a prepaid…
MobiKwik Valued At $700 Mn After $20 Mn Round From Abu Dhabi Investment Authority
Gurugram-based payments and financial services startup MobiKwik has raised $20 Mn from the United Arab Emirates (UAE) sovereign wealth fund…
UAE’s Mumzworld acquired by Saudi’s Tamer Group
Saudi-based Tamer Group acquires a majority stake in Mumzworld, the UAE-based mother, baby and child (MBC) e-commerce platform, for an undisclosed sum….
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…
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…