Sharjah Startup Studio to co-build eight high impact startups
(MENAFN – Khaleej Times) The Sharjah Entrepreneurship Center (Sheraa) has revealed the first eight startups which will be part of…
UAE-based fintech NOW Money secures $7m to expand digital banking solution in GCC
NOW Money provides unbanked workers with access to the digital economy for the first time. NOW Money, the GCC’s first…
Mubadala, Abu Dhabi Catalyst Partners invest $150 million in social media platform Telegram
ABU DHABI, 23rd March, 2021 (WAM) — Mubadala Investment Company, the Abu Dhabi-based sovereign investor, has invested US$75 million in…
Indian startup Zaara Biotech gets $10 mn investment from UAE’s TCN International
Zaara Biotech has received the funding for its project AlgaeSeaweed Technology Biotechnology startup Zaara Biotech has bagged an investment of…
Online insurance platform PolicyBazaar raises $75m to fund UAE, Middle East expansion
PolicyBazaar allows users to purchase life and general insurance online Online insurance marketplace PolicyBazaar has raised $75m to fund its…
UAE agritech start-up raises $50 mln in bonds to grow tomatoes in the desert
DUBAI (Reuters) – UAE agriculture technology start-up Pure Harvest Smart Farms has raised $50 million via sukuk, or Islamic bonds,…
UAE based start-up Sprout raised $200,000 funding
UAE start-up Sprout FZCO received funding from Bahrain-based FA holding firm for $200,000 to be used for retail expansion of…
Mughamer.com launches as Midet’s first adventure tourism platform
(MENAFN – Khaleej Times) The newly launched Sharjah-incubated Mughamer.com is making a splash in the adventure tourism space. This first-of-its-kind…
Abu Dhabi’s Hub71 community passes 100 startups
Hub71-based startups have raised Dhs185m since its launch in March 2019 More than 100 tech startups have set up base…
Unipal raises six-figure seed round
Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured its…