ByteDance backs Dubai startup building logistics chain to China

[DUBAI] TikTok parent ByteDance has invested in Dubai-based iMile Delivery LLC as part of the first major fundraising by the…

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Cashfree Invests $15 Mn In UAE-based Payments Startup Telr

Payments and API (Application Program Interface) banking solutions company Cashfree Payments made an equity investment of $15 Mn in Telr,…

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Raseed closes $1.1 million investment round led by Impact46

Raseed, the investment platform for GCC residents enabling access to stock trading in the US market, has raised a $1.1…

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Abu Dhabi’s LNDDO raises $3M SEED round

UAE-based FinTech and ingenious digital lending platform LNDDOhas successfully raised $3M in its SEED round backed by a network of key…

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Abu Dhabi based institutional digital currency HAYVN closes series A Funding

UAE: The UAE is poised to be a global hub for the emerging asset class that is digital currency and…

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UAE Neighbourhood app, Hayi, raises seed round to expand beyond Dubai

$325K seed round funds expansion across other Emirates with long-term expansion plans for entering key markets across the MENA region…

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Dubai-based HyperSpace raises $11m in seed funding round

RIYADH: HyperSpace, a company building the world’s first Blockchain enabled and Extended Reality (XR) native physical attractions, has raised $11 million…

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Etisalat Group Acquires UAE’s elgrocer

Emirates Telecommunications Group Company PJSC “Etisalat Group”  signed an agreement with elgrocerLtd to acquire 100 percent of elgrocer DMCC, to support…

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Tarabut Gateway raises $12 million pre-Series A led by Tiger Global

Tarabut Gateway, the Dubai-headquartered Open Banking platform, has concluded a seed round of $13 million and pre-series-A funding round of…

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UAE-based Fero raises $1.1M Funding round

UAE-based Fero,  the cloud-based RPA and ERP-products company that has created TiA, the World’s 1st Intelligent Virtual Assistant for Supply Chain,…

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