Speero is an online-based business for automotive after-sales solutions that allows providers to digitalise transactions and provides online access for customers
business funding
Gulf funds back India’s Flipkart as it raises extra funding
Abu Dhabi’s sovereign fund, Qatar Investment Authority and SoftBank Group Corp are among the investors in the online store, mainly owned by US retail giant Walmart
SoftBank helps mint new unicorn as Dubai’s Kitopi raises funding
Deal marks one of the largest funding rounds for a Middle East technology company
UAE firms call for continued support amid Covid fallout – survey
Nearly 88% of companies say that their banking needs have changed as a result of the pandemic
Dubai-based online glasses retailer eyewa raises $21m
Eyewa has a presence in the UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain
Kuwaiti e-commerce firm draws Careem backer in new funding round
Floward’s series B funding round raised $27.5m and was led by Saudi technology venture capital fund STV
HSBC pledges $5bn support to help UAE businesses expand globally
According to HSBC’s Navigator 2020 report, 81% of UAE companies intend to increase investment spending by the end of 2021
Mubadala-backed Dubai fintech start-up loads up on debt financing
Co-founded in 2019, tabby has raised more than $30m in funding from local and global investors
Tips to get your small business ready for funding
Investors are there to make money, and they need to trust that you understand the figures enough to deliver a healthy return
Luxury meets thrift for Dubai start-up raising funds to go abroad
The proceeds of the latest $14 million equity round will be used to bankroll the company’s expansion outside the UAE
Jordanian lender looks to raise $3m pre-series B funding, eyes further expansion in Egypt
Liwwa aims to support SMEs in Jordan and Egypt in their post-Covid recovery
Five top tips for entrepreneurs to get real and start-up
There is a widely held view that funding for start-ups continues to be a major challenge for entrepreneurs in the Middle East
SPACs – why they’re special and they’re here to stay
The popularity of so-called blank-cheque companies have surged as executives, athletes, private equity giants and venture capitalists rush to raise money for early stage companies
Jordanian lender eyes SME market to drive loan growth ambitions
Ambitious growth plans fuelled by coronavirus-created market opportunity, says liwwa CEO