UAE’s enza secures $6.75m seed funding
UAE-based payment solutions provider enza has raised $6.75m in a seed equity funding round co-led by Algebra Ventures and Quona Capital.
Economy
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Economy
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Startup
Dubai ranks 5th globally for fintech
Dubai now ranks among the top five cities worldwide for fintech thanks for its rapid transformation driven by the Dubai International Financial Centre (DIFC) over the past two decades. The city was also classified as one of just eight global leaders with ‘broad and deep’ capabilities across all finance industry sectors.
Economy
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Startup
New partnership to boost Oman’s SMEs
A new partnership seeks to offer integrated mobile, fixed, and ICT solutions alongside tailored financial packages to enhance efficiency and growth for SMEs in Oman.
Economy
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Startup
New phone payment solution targets startups, SMEs
A new tap-on-phone payment solution has been launched with the goal of revolutionising the way businesses in the UAE process transactions.
Opinion
Startup
Enterprise growth at all costs? Why scaling smart is always the better choice…
How can a business grow without compromising on the quality that’s got it this far? This is one of the biggest conundrums facing founders and CEOs, and one that demands careful thought and a strategic approach.
Opinion
Startup
The rise of the VC and startup ecosystem in the UAE
The UAE has spent the last decade turning itself into a major hub for startups and investors. It’s always been known for its business-friendly policies but now it’s attracting record funding, drawing entrepreneurs from around the world, and competing with established startup hotspots.
Entrepreneur
Opinion
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Build first, fund later: Why an MVP still matters
MVPs have been getting bad press lately. Not so long ago, launching an MVP was the gold standard; many of the world’s most successful tech giants – Facebook, Airbnb, and Dropbox – owe their success to this approach
Opinion
Startup
Government initiatives and supportive ecosystem: How Dubai is giving tech startups a leg up to become global players
As Dubai fulfils ambitious plans to become a global leader in technology and the digital economy, support for SMEs across all sectors has been impressive.
Economy
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Saudi Central Bank approves new fintechs
The Saudi Central Bank (SAMA) has granted approval for four fintech startups to trial their solutions within its Regulatory Sandbox, furthering efforts to drive innovation in the financial sector. The newly approved companies cover areas including open banking and peer-to-lending.
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New opportunities for startups in real estate
A new partnership aims to support startups and SMEs by ensuring they have access to resources and opportunities to drive growth in the property technology (proptech) sector.