Fintech

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…

Global Business Outlook has named Ajman’s Department of Finance the ‘Most Innovative Digital Initiative in Finance 2021

Ajman’s Department of Finance has been awarded the ‘Most Innovative Digital Initiative in Finance 2021’,…

Axiory makes trading strategies easier with its CopyTrade App

Two weeks after unveiling its rebrand with a new website launch, fintech company Axiory has introduced social…

UAE’s new digital bank Zand set for ‘imminent launch’ after Dubai Bank deal

The shareholders of Zand, the first digital bank in the UAE to provide both retail…

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…