Dubai

Dubai’s Astra Tech Forms Partnership With Mastercard
Dubai’s Astra Tech Forms Partnership With Mastercard
March 13, 2023  |  Payment Methods

Dubai-based FinTech Astra Tech says a new partnership with Mastercard has expanded its payment ecosystem. The company announced Monday (March 13) that its PayBy service had become one of the first companies...

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UAE Targets ‘Hyperscale’ Cloud Computing to Boost Digital Economy
UAE Targets ‘Hyperscale’ Cloud Computing to Boost Digital Economy
January 08, 2023  |  Connected Economy

A new cloud business group in Dubai points to the growth of high-tech industries. With a plan to launch 100 new business groups by March...

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African eCommerce Hub Jumia Closing Dubai Offices to Cut Costs
African eCommerce Hub Jumia Closing Dubai Offices to Cut Costs
December 04, 2022  |  emea

eCommerce platform Jumia is closing its Dubai office to cut costs and focus on Africa. The move comes a little less than a month after...

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5 EMEA Destinations Targeting Digital Nomads
5 EMEA Destinations Targeting Digital Nomads
November 30, 2022  |  emea

The digital nomad trend is booming as the list of attractive destinations is expanding.  Armed with laptops and wanderlust, these modern-day working travelers have the...

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Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
November 22, 2022  |  Spend Management

The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the...

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Today in the Connected Economy: Snap Sees the Promise of Augmented Reality Fashion
Today in the Connected Economy: Snap Sees the Promise of Augmented Reality Fashion
September 28, 2022  |  Connected Economy

Today in the connected economy, executives at Snap point to their augmented reality clothing and fashion offerings as  a virtual alternative to the metaverse. Also,...

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EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
June 24, 2022  |  emea

In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning...

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Travel Tech Company Swvl Plans to Cut 32% of Staff
Travel Tech Company Swvl Plans to Cut 32% of Staff
May 31, 2022  |  Transportation

Dubai-based mass transit solutions platform Swvl said it will cut its workforce by 32% in an effort to get on the path to profitability. “Such...

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Dubai-Based FinTech Pemo Snags $12M in Seed Funding
Dubai-Based FinTech Pemo Snags $12M in Seed Funding
May 18, 2022  |  Investments

Dubai-based FinTech Pemo has raised $12 million in a seed funding round that it will use for continued product development and expansion across the Middle...

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