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Qatar sportstech startup Sponix Tech receives funding from UK’s Aser Ventures

Qatar sportstech startup, Sponix Tech has received an investment boost from the UK-based Aser Ventures, the co-owner of Leeds United Football Club. Aser Ventures has...

UAE-based startup Omooma secures $2.5mn in latest funding round

UAE-based female health Arabic online content platform Omooma has secured $2.5 million in initial funding from the region’s leading investment company E20 Investment. Omooma is the...

Kuwait’s KPC & Japanese firm NEXI ink MoU to fund various...

Kuwait's national oil company, Kuwait Petroleum Corporation (KPC) has signed a memorandum of understanding (MoU) with Japan’s Nippon Export Investment Insurance (NEXI) to fund...

UAE’s ADFD completes $544mn funding for global water projects

UAE’s leading financial entity, Abu Dhabi Fund for Development (ADFD) has provided a total of $544.2 million (AED 2 billion) in funding for various...

Asia’s HR startup ‘Darwinbox’ enters Unicorn club; Eyes MENA expansion

Darwinbox, Asia’s leading provider of cloud-based Human Resources Management Software, has hit the ‘unicorn’ status in its latest $72 million funding round, and the...

Saudi fintech Lean raises $33mn to fuel market expansion plans

Saudi Arabia-based fintech platform, Lean Technologies has secured $33 million in its latest funding round led by the venture capital firm, Sequoia Capital India. Lean,...

Saudi Arabia-based Lucidya secures $6mn to expand its product offering

Saudi Arabia-based customer experience management platform Lucidya has raised $6 million in the second round of funding in order to expand its product offering. According...

Abu Dhabi’s ASPIRE to invest $54mn in 3 virtual research institutes

Abu Dhabi-based Advanced Technology Research Council's (ATRC) technology program management arm ASPIRE is funding three Virtual Research Institutes (VRIs) in UAE Universities. ASPIRE will invest...
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