GEM Digital Limited (GEM), a Bahama-based digital assets investment firm, has increased its investment commitment in UAE-based metaverse startup Everdome...

The London-based 42Markets Group, a financial services company, has announced that a new financing investments of US$10 million from Convergence Partners, a venture capital company in...

Tunisian startup CoaChess has secured a pre-seed funding worth US$ 191,000 from the France-based information technology consulting company, Omicrone. Founded...

UAE-based Flyksoft, a SAAS booking software for salons and spas, has raised US$55,000 in seed funding from angel investors.  Flyksoft’s innovative platform provides...

Nigeria-based car financing platform Autocheck, has acquired a majority stake in Egypt’s used cars marketplace, AutoTager, to deepen its presence in...

Dubai-based real estate developer DAMAC sold a three-year $400 million Islamic bond, or sukuk, less than initially expected, with a...

Network International, a Dubai-based payments provider, has received a takeover proposal from a consortium of French private equity firm CVC Capital and Francisco Partners at around...

The investment and financial services group, AfricInvest, is looking to acquire 25% of the British University of Egypt (BUE) for more than US$323.6 million before...

Abu Dhabi-based AI technology holding group, G42, and Mubadala Investment Company announced launching M42, a tech-enabled and integrated healthcare company. M42 combines G42 healthcare medical and data-centric technologies with Mubadala Health’s world-class...

Billionaire Elon Musk is working on launching an artificial intelligence start-up that will compete with ChatGPT-maker OpenAI, Reuters reported. Twitter-owner Musk is forming a team...