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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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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