U.A.E Dubai SME allocates Dh20 million in loans Source: The National Dubai SME, a part of Dubai Economy, allocated Dh20 million to a capital guarantee scheme backing peer-to-peer loans... News • 21 May, 2020
U.A.E ADQ launches Dh1.1 billion fund to invest in Asian startups Source: The National ADQ, one of the region’s largest holding companies, launched a Dh1.1 billion ($300 million) venture fund to... News • 20 May, 2020
U.A.E Ziina secures $850,000 in pre-seed round Ziina, the UAE-based social peer-to-peer (P2P) payment application, has raised $850,000 in a pre-seed funding round. The investment was led... Shaimaa El Nazer • 19 May, 2020
U.A.E Ogram raises $870,000 in pre-Series A UAE-based Ogram has closed a $870,000 pre-Series A round led by Global Ventures. Started in 2016, Ogram operates as a virtual... Dunya Hassanein • 18 May, 2020
U.A.E MCKD launches grant program to support freelancers, SMEs Source: The National The Ministry of Culture and Knowledge Development (MCKD) has launched a programme to support freelancers and SMEs... News • 17 May, 2020
U.A.E Mustafa Koita: Your modern-day milkman The majority of entrepreneurs work in the corporate world for several years before something triggers their decision to leave and start... Triska Hamid • 13 May, 2020
U.A.E Invygo raises $1 million in pre-Series A UAE-based car subscription platform Invygo, has raised $1 million, as part of a pre-Series A funding round led by EQ2 ventures, Class 5... Dunya Hassanein • 12 May, 2020
Regional A conversation on mental health and the power of harnessing communities in the MENA region during uncertain times Wamda and Microsoft for Startups are hosting 'A conversation on mental health and the power of harnessing communities in the MENA... Wamda • 10 May, 2020
U.A.E The startup finding better jobs for blue-collar workers Unscrupulous recruitment agencies often lure blue-collar staff to the Gulf with false promises about wages and working conditions, charging... Matt Smith • 05 May, 2020
Regional yallacompare secures $4.25 million funding yallacompare, the UAE-based insurance aggregator, has secured new funding of $4.25 million from Gulf Insurance Group (GIG). The investment... Shaimaa El Nazer • 03 May, 2020
Global Global Ventures invests in African healthtech startup Source: Zawya Dubai-based Global Ventures has co-led a $7 million investment with AAIC Japan in Helium Health, West Africa's largest... News • 30 April, 2020
U.A.E EMPG reaches unicorn status and announces merger with OLX Source: MenaBytes Dubai-based Emerging Markets Property Group (EMPG) that runs property portals in different emerging markets across the... News • 28 April, 2020
U.A.E Faith Capital invests in YouGotAGift’s share offering Kuwait-based venture capital firm Faith Capital announced its participation in the secondary share offering in Dubai-based online gifting... Dunya Hassanein • 26 April, 2020
U.A.E Axeed labs announces $272,000 launchpad for startups, SMEs Source: Trade Arabia Axeed labs, the UAE-based mobile application and software development firm, has launched its Dh1 million ($272,000)... News • 21 April, 2020
U.A.E Anghami pledges $3 million to SMEs Source: ITP Leading Middle East music platform Anghami has revealed a $3 million budget to help small businesses survive during the... News • 21 April, 2020
U.A.E Hubpay raises seed investment UAE-based Hubpay, a digital wallet for remittances has announced its seed round led by US venture capital firm, Signal Peak Ventures,... News • 20 April, 2020
U.A.E 360VUZ raises $5.8 million in Series A UAE-based virtual reality (VR) mobile app 360VUZ, has secured $5.8 million in a Series A investment round led by Shorooq Partners with... Dunya Hassanein • 20 April, 2020
Global Falcon Eye Drones raises investment from Aerodyne Group Falcon Eye Drones Services (FEDS) Group Holdings, announced a “major strategic investment” from global drone-based management... Dunya Hassanein • 15 April, 2020
Regional Eventtus secures investment to launch a virtual events platform UAE-based Eventtus, has secured an investment round to launch a new digital events platform in response to the Covid-19 impact on the... Shaimaa El Nazer • 14 April, 2020
Global Mubadala Capital invests in US-based Wellpay Source: IBSintellegence California-based Wellpay, a FinTech platform provider for the healthcare industry, has also announced that... News • 14 April, 2020
U.A.E HDC raises $350,000 in seed funding UAE-based startup Hotel Data Cloud (HDC), has raised $350K in seed funding from both local and international investors, to help hotels... Dunya Hassanein • 12 April, 2020
U.A.E ADIO allocates $100 million to four agritech companies Source: The National Abu Dhabi Investment Office (Adio) invested $100 million (Dh367m) to bring four agriculture technology companies to... News • 09 April, 2020
U.A.E Mamo Pay raises $1.5 million UAE-based Mamo Pay, a peer-to-peer payments app has raised $1.5 million in a round led by Global Founders Capital (GFC) with participation... News • 07 April, 2020
U.A.E Sheraa awards Little Thinking Minds $100,000 grant Source: Khaleej Times The Sharjah Entrepreneurship Center (Sheraa), has awarded its first Access Sharjah winner, 'Little... News • 06 April, 2020
