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Applications open for Batch 2 of 500 Global Scale-Up Program in Egypt
Batch 2 of the 500 Global Scale-Up Program in Egypt is a 7-week program for Pre-Series A and Series A startups with customized strategies and mentorship. The 500 Scale Up Batch 2 Program will occur...
View ArticleUAE’s ADCB Reports Strong Q4 Results with 38% Profit Growth
ADCB’s Q4 net profit rose 38% year-on-year to AED 2.45 billion, beating analyst forecasts. Strong performance driven by 17% increase in net interest income. Retail banking was a highlight, with record...
View ArticleUAE Crowned World’s Top Destination for Work Visas
The UAE has been ranked the #1 destination globally for expats seeking work visas in a study by HR platform Deel. The UAE attracts talent in fields like finance, IT, and consulting with roles like...
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15 Best Investment Banks In Dubai for Residents & Expats
Dubai has become a crucial hub for the region, flaunting a strong and lively financial scene. Thanks to its strategic location, top-notch infrastructure, and business-friendly atmosphere, the city has...
View ArticleSaudi Arabia’s Non-Oil Sector Shows Steady Growth Despite Rising Costs
Saudi Arabia’s non-oil private sector showed steady growth in January, with a PMI of 55.4. However, growth has softened recently due to rising costs. Inflationary pressures are squeezing profit...
View ArticleLuLu Group Preparing for $1 Billion IPO – Bloomberg Report
LuLu Group International is considering an IPO with a $1 billion target, aiming to capitalize on investor interest and fuel expansion. With an $8 billion annual turnover, LuLu Group demonstrates...
View ArticleRize Raises $2.9M in Seed Round to Transform Saudi Rental Market
Rize secures $2.9 million, reflecting investor confidence in its Saudi Arabian rental market vision. Rize introduces a “Rent Now, Pay Later” system, offering flexible monthly installments for tenants,...
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Top 30 Consulting Companies In Saudi Arabia {2024 List}
Consulting companies in Saudi Arabia serve as strategic partners for businesses, offering a range of services that enhance competitiveness, foster innovation, and drive sustainable growth in a rapidly...
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Oman’s Top 20 Consulting Companies of 2024 – Your Guide to Expertise,...
The consulting industry in Oman has experienced significant growth in recent years, playing a pivotal role in shaping the business landscape of the country. A burgeoning economy and a dynamic business...
View ArticleEmaar Properties Reports Impressive 70% Profit Surge and $11bn Property Sales...
Emaar Properties saw a 7% revenue increase to Dhs 26.7 billion ($7.3 billion) and a staggering 70% surge in net profit to Dhs 11.6 billion ($3.2 billion) in fiscal year 2023. Revenue from malls,...
View ArticleWayl Secures $150,000 Pre-Seed Funding from EQIQ Ventures
Iraqi fintech startup Wayl has raised $150,000 in pre-seed funding from EQIQ Ventures. This marks the first investment in an Iraqi startup in 2024. Wayl provides a payment aggregation platform for...
View ArticleMENA Startups Secure $86.5M in January 2024 Funding Round
Startups in the MENA region secured a total funding of $86.5 million in January 2024. The UAE emerges as the top fundraising destination, with $47 million raised, featuring Tumodo’s $35 million...
View ArticleQSTP-Incubated Startup Holds Life Skills Workshops to Empower Qatari Youth
Muallemi’s three-month program provides essential life skills and leadership development for Qatari students aged 14-25. Participants engage through Muallemi’s interactive online platform, accessing...
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Top 30 Consulting Companies In Riyadh 2024
Riyadh is the vibrant capital of Saudi Arabia. It stands as a hub for dynamic business activities, and consulting companies play a pivotal role in shaping its corporate landscape. These firms serve as...
View ArticleKema Raises $2 Million Pre-Seed Investment to Revolutionize B2B Payments in...
Kema, backed by $2 million in pre-seed funding, is set to unveil a specialized Software-as-a-Service (SaaS) platform designed to cater to SMEs, tackling issues such as payment delays and fragmented...
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Top 15 Indian Banks in Dubai for Seamless Financial Solutions
When it comes to managing your finances in Dubai, Indian banks offer a range of seamless solutions tailored to the needs of the Indian community. With a robust network of branches and ATMs spread...
View ArticleSowt Media Expands Reach with Acquisition of Rising Giants Network
Sowt’s acquisition of Rising Giants Network brings a wealth of talent and high-quality content to its portfolio, enhancing the Arabic audio landscape with innovative narratives. Popular RGN podcasts...
View ArticleSaudi Arabia’s budget deficit surges to $22 billion due to increased spending
In 2023, Saudi Arabia managed a budget deficit of 80.9 billion riyals ($21.57 billion) despite lower oil revenue from cuts. Vision 2030 drives diversification, with the IMF projecting growth at 2.7%...
View ArticleHub71 Partners with Stride Ventures to Boost Entrepreneurship in Abu Dhabi
Hub71 partners with Stride Ventures to bolster Abu Dhabi’s startup ecosystem, offering access to capital and mentorship to fuel innovation and entrepreneurial growth. Stride Ventures offers...
View ArticleExverse Secures $3 Million Investment to Revolutionize Web3 Gaming
Exverse secures a $3 million investment from key players like Cogitent Ventures, marking a significant step in revolutionizing Web3 gaming. Exverse introduces a dynamic gaming experience with its...
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