Finance | Page 10

The Mohammed Bin Rashid Innovation Fund Accelerator's unique member-centric design and services will have a singular focus on achieving innovation excellence.

The partnership with Maharah is expected to accelerate Bloovo's growth across the GCC region.

The Falcon Network is a newly-established angel investors group with committed capital of over US$2 million.

Startups should tap into the opportunity presented by corporate venture capital in the MENA region.

"The MENA is slowly catching up, but we still see a lot of strange asks from some of the newer ecosystem investors."

CE-Ventures plans to invest up to US$150 million in startups over three years.

Property Finder, a MENA real estate classifieds portal, has closed a US $120 million funding round.

While total investment in fintech companies worldwide in H1 2018 hit US$57.9 billion across 875 deals, the $2 billion fintech market in the MENA region has only seen $150 million in investments in the last couple of years.

The focus has shifted beyond simple wealth creation to economies that work to alleviate the social and environmental costs that derive from inequality.

Dubbed the largest vertical focusing on mother, baby and child in the MENA e-commerce space, Mumzworld prepares for the implementation of its aggressive expansion strategy.

iCommunity, Egypt's first mobile community platform for the real estate industry, aims to transform the engagement between residents and real estate developers.

SVPER, an app that revolutionizes the way people meet online, has gained an increased investor confidence due to its potential to improve security, trustworthiness and transparency among its users.

People with high levels of financial literacy have lower levels of financial worry, and only 14% of UAE employees fall into this category.

An unprecedented era of capital abundance is all set to massively accelerate innovation in the world as we know it.

Founded in 2013, the ServiceMarket portal helps residents compare quotes and book over 35 different home services online.

The startup aims to utilize the funding proceeds to expand Mawdoo3's library of Arabic content.

Small business owners in the UAE sound off on their experience working with the country's financial institutions.

From 12th September onward, anyone will be able to join the MoneyToken platform and get a loan under a 0% interest rate.

The Luxury Closet is a Dubai-based luxury e-commerce portal that specially focuses on the pre-owned segment.

The investment comes from major regional and global VC firms including Shorooq Investments, Middle East Venture Partners (MEVP), 500 Startups, Dubai-based Women's Angel Investor Network, Hala Ventures from Saudi, and Saned Partners from Lebanon.

The event aims to provide a comprehensive look at the latest developments in MENA's fintech industry through deep-dives into select sectors and technologies.

The startup aims to utilize the funding proceeds to further build on their accomplishments, and is looking at making focused investments in the areas of product research, operations management, and talent.

The deal is expected to lead to an increase in the number of the fleet of Tawseel's delivery vehicles enabling them to provide faster services to customers, and expand to new markets to cover the UAE, KSA, other Gulf nations, and globally.

Aqeed was built to accelerate the digital transformation of the conventional insurance sector in the region, and align it with global trends.

Existing investors Tenmou, Pinnacle, and 500 Startups also took part in this round, and with this, the total funds raised by Eat are now at US$3.4 million.

Starting your own business often means getting into debt.