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Cartona raises $12 million in series A funding round for further expansion

Egyptian B2B e-commerce startup said Monday that it raised $12 million in a Series A funding round led by Jordan and US-based firm Silicon...

Egypt’s cabinet approves listing of army companies Wataniya and Safi

Egypt’s cabinet approved the pre-listing procedures for military companies, petrol stations operator Wataniya Petroleum and water company National Company for Producing and Bottling Water...

Sudan-based fintech startup Bloom raises $6.5 million from Y Combinator and Visa

Sudanese fintech firm Bloom has reportedly raised $6.5 million in a seed funding round led by payments giants Visa, Y Combinator, US-based VCs Global...

KPMG: Saudi Arabian insurance firms pursued digitalization and expected to close year-end with higher top-line

Insurance companies in Saudi Arabia continued their top-line growth momentum at the end of Q3 2021, with a matching trend foreseen for year-end, KPMG...

Can digital wealth management contribute to Saudi Arabia Vision 2030 and beyond?

Saudi Arabia has set an ambitious target of broad economic reform and diversification by 2030. The kingdom is strengthening its stock market and bringing efficiencies to...

Easycash: an interoperable ePayment suite powered by Wallet Factory launched in Egypt

EasyCash, a revolutionary digital wallet solution for effortless online payments, has been recently soft-launched for iOS and Android users in Egypt. EasyCash has become the...

Sympl, Egypt’s first ever “Save Your Money Pay Later” platform – raises $6 million seed

Sympl, the first ‘Save Your Money Pay Later’ platform in Egypt, announces it raised $6 million following its soft launch last month. The funding round was led by Beco Capital along...

Mastercard and Meta join forces to support the digitization and growth of SMEs in MEA through times of uncertainty

The world is moving at a faster pace with globalization being fuelled by technology which is enabling companies to scale beyond borders at a...

Al Mal Capital REIT acquires first educational asset in 2021

Al Mal Capital REIT, the first REIT listed on DFM, and managed by Al Mal Capital PSC, a subsidiary of Dubai Investments PJSC, announced...

Initial results from IMA study shows room for improvement on diversity, equity & inclusion in finance and accounting in MENA

IMA® (Institute of Management Accountants), an association focused exclusively on advancing the management accounting profession, revealed key findings from an attitudinal study titled, “Diversifying...

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