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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UAE’s Trukkin continues to shift the gears following $7M series A round

  The company has seen considerable growth since 2020, driving into Pakistan and serving 12 countries in the Middle East….

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Paytech MoneyHash Launch in MEA Following Six Figure Pre-Seed Round

MoneyHash, an Egyptian US-based fintech startup that uses a universal API and a unified checkout experience to help businesses consolidate…

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Desert Control joins in5’s alumni network after raising AED 85 million in successful IPO

Desert Control’s liquid natural clay technology turns sand into fertile soil, will boost global efforts to halt desertification, soil degradation…

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Dubai-based Opontia raises $20M to acquire and grow MENA e-commerce brands

Opontia was launched three months ago in March 2021 and is located in Riyadh and Dubai Dubai, UAE: Opontia, a Dubai…

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Boksha raises $1 million Seed investment

Boksha, a UAE-based marketplace for fashion designers, has raised a $1 million Seed funding round from Sandooq Al Watan and several…

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UAE startup Pawame secures $2.5m, launches $5m Series A round for expansion in Africa

Pawame offers a portfolio of solar home systems in remote areas of Kenya on a micro-financed basis UAE-based off-grid solar…

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YC-backed Ziina raises $7.5M seed led by Avenir Growth Capital and Class 5 Global

Cash is the predominant method of sending and receiving payments in the Middle East. If you owe someone a cup…

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Mena startups raised $175 million in April 2021

Growth in investment continued last month as 44 startups across the Middle East and North Africa (Mena) raised more than…

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Annual Ramadan Gathering

Under the patronage of His Excellency Dr Ahmed bin Abdullah Hamid Belhoul Al Falasi, Minister of State for Entrepreneurship and…

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