In today's fast-paced and innovation-driven world, startups are at the forefront of technological and business transformation. However, building a successful startup from the ground up is fraught with challenges, from securing funding to accessing t ...
EDB, Trade Capital partner to launch supply chain financing for SMEs
The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE UAE’s Emirates Development Bank (EDB) has signed an MoU with Trade Capital Partners (TCP) to crea ...
Gennecs to invest $150m in building a multi-vaccine manufacturing facility in Egypt
Local pharma firm Gennecs will invest USD 150 mn to build a vaccine manufacturing facility in Egypt, CEO Adam El Daba told Enterprise. The factory will be able to produce 300 mn vaccines every year, making it the largest of its k ...
Phlog Egypt launches its first e-photography platform that connects photographers with buyers
Egypt - Phlog launched its photo buyer platform that connects buyers and photographers worldwide. This platform enables photo buyers from marketing experts, agencies, and art lovers to purchase images for use in their designs or articles or their en ...
Ogram raises $3 million Series A round
UAE-based recruiting platform Ogram has announced a $3 million Series A funding round, led by Modus Capital and Aditum Investment Management, Dtec Ventures, and DAAL VC. Founded in 2017 by Karim Kouatly, Shafiq Khartabil, Ogram is a digital staf ...
TCP, trade finance focused FinTech startup, closes pre-seed funding round led by New York-based Modus Capital
InvestmentPress Release ABU DHABI, 26 APRIL, 2021. UAE-based FinTech startup, Trade Capital Partners (TCP), today announced it has secured its pre-seed funding in a round led by Modus Capital, with participation from the E ...
Introducing Telawa: The First Islamic Social App for Quran Reading and Khatma Management
In an age where technology intertwines with daily life, the launch of Telawa marks a significant milestone for the Islamic community. Telawa is an innovative app designed to enhance the spiritual practice of reading the Quran through social interact ...
Kenya’s Mondo Ride takes home $2m funding
Kenyan ride-hailing startup Mondo Ride has secured US$2 million in funding from investors in the United Arab Emirates (UAE) and Egypt to help it expand across the continent. The second round of investment in Mondo Ride, which is competing wi ...
UAE Startup Joi Wants To Be The Go-To Portal For All Things Gifts
The brain-child of Ritesh Tilani and Alper Celen, joi is a web and mobile gifting platform offering a variety of more than 1,000 refined selections. f you always find yourself in a bind when it comes to figuring out a good, thoughtful gift, this ...
Wanted from the Middle East: the next Apple or Microsoft
In the past some of the greatest technology companies, including Amazon.com, Apple, Hewlett-Packard and Microsoft, emerged from humble garages in the United States. But these days, some expect a new wave of tech ventures to arise from e ...