Fintech

Oman’s Akeed raises $2.5 million series A round

Oman’s leading food delivery app, Akeed Delivery is making a big splash in Oman’s budding…

Dubai based FinTech SimpliFi raises $5.1m to expand across Mena and Pakistan

SimpliFi, a Dubai-based financial technology start-up, secured $5.1 million in new funding that it plans to…

Elon Musk says he will pay over $11 billion in taxes this year

Elon Musk faces a hefty tax bill this year — possibly the biggest in U.S. history.…

Dubai SME appoints McLedger as an official accounting partner

McLedger, the region’s first homegrown fintech cloud platform, has been appointed by Dubai SME as…

Saudi Arabia’s PIF raises $3.2bn from STC share sale

Saudi Arabia’s Public Investment Fund (PIF) has raised $3.2 billion after completing a secondary share offering of…

UAE and Russia foreign trade hits $4 billion in 2021

The total trade between Russia and the UAE is set to jump 21 percent to…

Young Arabs turn to fintech as saving, investing takes off

Being raised in the Middle East with a lack of savings and investment culture, many…

Microsoft set to win EU antitrust approval for $16bn Nuance acquisition

US software giant Microsoft is said to be close to securing unconditional EU antitrust approval…

UAE start-up GrubTech raises $13mln in the new funding round

UAE-based start-up GrubTech announced that it has raised $13 million in a new funding round…