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New businesses pick up in UAE

Dubai, Abu Dhabi remain investors’ top choices as 1-year countdown to Expo 2020 nears The UAE economy gained momentum at the right time by posting a 6 per cent growth in new business licences this year, reflecting growing investor confidence in the country ahead of the one-year countdown to Expo 2020 Dubai that starts next month. Latest official data indicates …

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RAKBANK partners with Mastercard to boost e-commerce growth for UAE SMEs

RAKBANK SME customers will now be able to create an online store, accept online payments, manage invoices and prevent fraud The National Bank of Ras Al Khaimah (RAKBANK) today announced its partnership with Mastercard, a technology leader in the global payments industry, to make online payments for Small Medium Enterprises (SMEs) safe, simple and smart. The partnership is a push …

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SME focus: The big Middle East startup investors this August

G42 Group invests in Jollychic, Vy Capital funds UrbanClap and Falcon Network completed six investments A number of funding deals and start-up investments made it to the headlines in the region this month, and Zawya has rounded up the top investments (in no particular order) we think you should know about. Vy Capital Funds UrbanClap UrbanClap, an online Indian home …

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Bayt.com’s future of work report predicts demand for jobs in the UAE over the next 10 years

Nine in ten UAE professionals feel confident and excited about the future of work: Bayt.com and YouGov Study Seven in ten recruiters in the UAE say that the hiring process is going to change in the future, according to new research by Bayt.com and YouGov. Nearly nine in 10 say the process will be fully online, significantly faster, and more …

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Alwaleed Philanthropies invests $5 million to Gavi’s INFUSE initiative to support the global fight for vaccines

Partnership will tackle immunisation challenges in urban areas through investment in innovation and technology Launched at the 7th Tokyo International Conference on African Development (TICAD7) Dubai: Alwaleed Philanthropies, chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, the global philanthropic foundation, has made a fresh commitment to preventing the spread of disease by investing a further US $5 million …

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Agility Invests $18mln in Green Supply Chain Technologies

Agility committed to supporting start-ups that pioneer the sustainable supply chains of the future BAAR, Switzerland: Agility, a leading global logistics provider, announced that it has invested $18 million in green supply chain technologies so far through its corporate venture arm Agility Ventures. The announcement came today as part of Agility’s launch of its latest sustainability report, “Values into Action.” …

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Growing role of FinTech in the Middle East

For the region to produce unicorns, the FinTech companies will need to focus on organic and inorganic growth strategies The FinTech sector has matured over the past couple of years and now appears to have entered a new phase of evolution. The perception of the FinTech players have evolved from being a disruptor to a collaborator, which is resulting in …

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Egypt’s RiseUP acquires tech digital publication MENAbytes

The organizer of the MENA region’s largest startup and entrepreneurship summit, RiseUp, has acquired regional startup and technology publication, MENAbytes. The ​acquisition also includes trackMENA, a new data platform by MENAbytes to help users track startups, VCs, investments and acquisition in MENA. Founded in mid-2017 by Zubair Naeem Paracha, MENAbytes has quickly grown to become one of the leading startup …

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British Orchard Nursery collaborates with Department of Finance to open its 22nd branch in the UAE

The preschool aims to raise the happiness level for working mothers by bringing nursery education for their little ones at their doorstep UAE’s largest preschool chain, British Orchard Nursery has collaborated with the Department of Finance to open a nursery at the DOF headquarters in His Highness the Ruler’s Court. The preschool aims to raise the happiness level among its …

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The CISI and Abu Dhabi global market academy partner to elevate financial education in UAE

Our Principal Partner, the APO Group will present the inaugural APO Group African Women in Media Award as part of #AWIEFAwards 2019. This prestigious award will recognise and celebrate a woman journalist who supports female entrepreneurship in Africa. The winner stands a chance to win a 2500 USD cash prize, an all-expenses paid trip to an International Women’s Forum and …

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