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Amazon Web Services has announced a collaboration with Manara, a social impact startup focused on technology talent in the MENA. This partnership aims to train 2 500 software engineers in cloud computing skills, backed by a substantial investment of $3.6 million from AWS over the next two years. The initiative is designed to enhance the...
Turkish enterprise software company Bimser has officially opened its new regional office in Dubai, marking a step in its expansion throughout the MENA region. The Dubai office is set to act as a marketing and sales hub, managing relationships with both partners and customers. Bimser aims to leverage a partner-focused go-to-market model to increase the...
Crescent Enterprises has announced a collaboration with MIT Solve, an initiative of the Massachusetts Institute of Technology, aimed at accelerating AI-driven solutions to address social challenges both globally and regionally. This partnership will focus on identifying and scaling AI-powered innovations that tackle critical issues, particularly in the Arab region. As reported by Khaleej Times, MIT...
BitPanda, a regulated crypto assets platform based in Europe, has successfully acquired a crypto brokerage license from Dubai’s Virtual Assets Regulatory Authority (VARA). According to MSN, this new license allows BitPanda to extend its services to both retail and institutional investors in the MENA region, marking a big step in its international expansion. With this...
As Eid Al Fitr approaches, shoppers in the Mena region are increasingly turning to online gifting, according to a recent study. Data from Flowwow, a UAE-based gifting marketplace, and Admitad, a partnership marketing platform, revealed a remarkable surge of over 150% in gift demand during Ramadan 2025. The study forecasts a 10% increase in online...
The MENA FinTech Association (MFTA) has announced a strategic partnership with the FinTech Armenia Association, aimed at bolstering fintech innovation in both regions. This collaboration, which was revealed in a press release, signifies a step forward in enhancing cross-border synergies in Financial Technology, Artificial Intelligence, and Banking. It emphasizes the goal of strengthening the global...
ClearGrid has officially launched, emerging from stealth mode with $10 million in funding aimed at transforming the debt collection industry across the MENA region. This comes at a time when the region’s consumer lending market is valued at $500 billion and is facing increasing pressure from tightening consumer protection regulations. Traditional debt collection methods, characterized...
NymCard, the only embedded finance platform operating in over 10 countries across the MENA region, has successfully raised $33 million in its latest Series B funding round. This investment was led by QED Investors, marking their largest investment in the region and the first in the Gulf, which highlights the increasing global confidence in MENA’s...
Indian startups are increasingly choosing Dubai’s free zones as a base for expansion, attracted by the region’s strategic location and business-friendly environment. The trend of Indian enterprises setting up in Dubai is notable, with these companies leading the list of new non-Emirati firms joining the Dubai Chambers. In the first nine months of 2024, Indian...
Anthony Nakache, Managing Director of Google MENA, recently discussed the firm’s advancements in artificial intelligence focused on understanding the diverse Arabic dialects in the region. During an interview on the AB Majlis podcast, he revealed that Google’s Gemini AI has successfully mastered 16 out of 25 Arabic dialects, highlighting the complexity and challenge posed by...