Markets
BRICS Reaches Out to Egypt: New Development Bank Eyes Projects in Cairo
BRICS What is happening? The New Development Bank (NBD), the financial arm of the BRICS group, is considering financing projects...
MONEY TRANSFERS
Startups
Mumbai’s Interior Design Startup Flipspaces Raised USD 35M to Expand to UAE
Flipspaces What happened? Mumbai-based interior design startup, Flipspaces, raised USD 35 million. The round was led by Iron Pillar, Prudent...
Startups
Standard Chartered Launches UAE Accelerator to Support Women-Led Startups
Standard Chartered What happened? Standard Chartered announced the launch of the 7th cohort of the Futuremakers Women in Tech UAE...
Markets
GAFI Launches “Coffee & Capital” Initiative to Enhance Investor Dialogue
Coffee and Capital What happened? The General Authority for Investment and Free Zones (GAFI) launched a new initiative under the...
Money
CI Capital Concludes EGP 2.5B Bond Issuance for Tasaheel Finance
CI Capital What happened? CI Capital announced the successful conclusion of the EGP 2.5 billion corporate bond for Tasaheel Finance....
Reports
Could AI Be What the Environment Needs?
Training a single AI model can emit as much carbon as five cars do in their entire lifetimes. As AI...
Money
iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution
iSupply What happened? Bokra, an investment platform, announced a USD 3 million Sharia-compliant financing agreement with iSupply, a platform for...
Startups
Singapore’s XWeave Raises USD 3M to Expand Stablecoin Payments to UAE
XWeave What happened ? Singapore-based XWeave raised USD 3 million in seed funding. The round was led by Jungle Ventures...
Money
Foras Acquires 10% Stake in Supply Chain Startup Canater for USD 1M
Foras What happened Foras announced the acquisition of a 10% stake in the startup Canater which specializes in providing supply...
Money
Money Fellows Raises USD 13M to Scale Digital Savings Platform in Africa
Money Fellows What is happening? Money Fellows raised USD 13 million in a new financing round. The round was led...