Fintech

India: Unicorns in the spotlight amid startup, technology boom in 2021

In 2021, 44 Indian unicorns – privately-held startups valued at more than $1bn – were…

Abu Dhabi’s Multiply Group set to invest $75m in visual content creator Getty Images

Abu Dhabi-based tech-focused holding company Multiplay Group has signed an agreement to invest 275 million…

EDB’S Business Banking App supports 500 UAE companies in 3 months

Emirates Development Bank [EDB], a leading financial institution in the Emirates, has announced that it’s Business…

E-commerce SaaS platform Udroppy aim for regional expansion following $800,000 pre-series A funding

Although credit cards are the most common method of online payments in the MENA region,…

TBO Tek seeks regulatory approval for $280 million IPO

TBO designs and produces travel applications where users can search, book tickets, and make online…

Emirates NBD joins UAE Trade Finance Gateway project led by Etihad Credit Insurance

Etihad Credit Insurance (ECI) has signed an MoU with Emirates NBD and Crediti Fintech, for the implementation…

Ajman Bank and EDB collaborate to offer support for UAE SMEs

Ajman Bank and Emirates Development Bank (EDB) signed a preliminary agreement to offer a credit…

UAE: Dubai launches online portal to boost timeshare real estate market

The new platform aims to be a ‘one-stop shop’ for operators to register and apply…

Companies raise $594bn in 2021 through IPOs globally

Healthcare and technology sectors with the newest listings amid Covid-19 pandemic. Initial public offerings (IPOs)…

Hamriyah Free Zone Authority inks investment deal with UAE’s Grankraft

The Hamriyah Free Zone Authority (HFZA) has added another industry leader to its investor base…