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Saudi Startup Blend Secures $1.3 Million in Pre-Seed Round
Saudi startup Blend has recently secured USD 1.3 million in a pre-seed investment round. Notably, this funding, provided by a group of angel investors, will significantly boost the company's growth. Consequently, Blend plans to expand into Kuwait and Bahrain by the...
Egypt’s Qardy Secures Seven-Figure Pre-Seed Investment
Egypt-based fintech Qardy has secured a seven-figure pre-seed round of investment. Notably, White Field Ventures, Vastly Valuable Ventures, and several angel investors participated. This funding highlights the strong confidence in Qardy’s innovative approach and its...
Oraseya Capital Funds Seven Tech Startups via SANDBOX
SANDBOX’s Fourth Cohort Achievements SANDBOX, the Accelerator programme dedicated to the growth of tech startups and a key initiative of Oraseya Capital, has proudly concluded its fourth cohort. As part of Oraseya Capital, which operates under the Dubai Integrated...
How to Advertise a Startup Business: A Comprehensive Guide
Starting a new business is an exhilarating journey; however, getting the word out about your startup can be challenging. Therefore, effective advertising is crucial for gaining visibility and attracting potential customers. Here are some actionable tips and advice on...
Egypt’s Startup Ecosystem Shines at the Global Startup Awards
Egypt's startup ecosystem has recently captured international attention. At the North African edition of the Global Startup Awards (GSA), Egyptian ventures won an impressive 11 awards, firmly establishing the country as a leading startup hub. A Wave of Success for...
How to Finance a Startup Company in the UAE
Starting a new business venture in the UAE is undoubtedly exciting; however, securing the necessary funding often poses a significant challenge. While financing a startup company in the Emirates demands strategic planning and resourcefulness, it's not insurmountable....
Strategies for Managing Cash Flow in Your Startup
Managing cash flow is a critical aspect of running a successful startup. Effective cash flow management ensures that your business has the necessary funds to cover operational expenses, invest in growth opportunities, and weather financial challenges. Here are some...
Synapse Analytics Raises $2M to Expand AI Tech
Synapse Analytics, a pioneering AI startup, has announced the successful completion of a USD 2 million funding round. This round was led by Silicon Badia and Hub 71 Abu Dhabi. This investment will propel the expansion of Synapse Analytics’ AI technologies across the...
GCC Debt Capital Market (DCM) Sees Robust Growth in 2024
The GCC region's Debt Capital Market (DCM) grew by 7% year-on-year, reaching $940 billion in outstanding debt by the end of Q1 2024. Saudi Arabia and the UAE are major contributors, holding 43% and 30% of the total DCM, respectively. Significant Growth and Sukuk...