Al Hail ORIX Finance has formed a strategic partnership with UAE-based fintech payments company Monami Tech to deploy Monami Tech’s technology for SAMA’s business and consumer lending project.
Trriple, a UAE-based fintech start-up, has added new services and features to its mobile wallet application, which is available for download on Google Play Store and the Apple App Store.
Techstars in partnership with GINCO Investments, and Dubai Future Foundation’s Area 2071 initiative has opened the applications for the second edition of the Techstars Dubai accelerator programme.
Visa and Startupbootcamp have hosted “FastTrack”, a mentoring session for startups participating in the Dubai Smart City Accelerator, which is hosted in Dubai Technology Entrepreneur Centre (dtec).
Saudi Arabia is reportedly in talks with UAE and Bahrain to establish a coordinated approach to the regulation and nurturing of fintech startups in the region.
FinTech Hive has received an overwhelming response of over 300 applications that were created from all around the world – triple the number of applications received in 2017.
The partnership aims to focus on supporting entrepreneurship, financial literacy and workplace readiness amongst the youth of the UAE and the wider Middle East
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has partnered with Khalifa Fund for Enterprise Development for the first time to present an updated version of Ibtikari (My Innovation).
LG Electronics has invested $3 million in US-based Bossa Nova Robotics — marking the first time the company has injected funds into an overseas robot developer.
startAD, the innovation and entrepreneurship platform anchored at NYU Abu Dhabi, has opened applications for its inaugural Artificial Intelligence (AI) Venture Launchpad.
Bahrain Development Bank (BDB) has announced that the Al Waha Fund of Funds has successfully closed its $100 million fundraising round.
ConsenSys Ventures has announced that it will be accepting applications for the Tachyon accelerator.
DUBZ first gained exposure during the first-ever Dubai Tourism Start-Up Competition, ‘Futurism’, organised in strategic collaboration with GITEX Future Stars.
Dubai International Financial Centre (DIFC) has announced its partnership with Startupbootcamp to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region.