Saudi Arabian firm Foodics, which has created an all-in-one restaurant management system, has raised a $20 million Series B funding round, as it bids to expand into the micro-lending industry. The 2014-founded…
Israeli Tech Funding Booms in Pandemic’s Wake
Israel’s tech industry has received 23% more funding in 2020 than last year, as the world has clamored for its high-tech solutions. The rise, which follows a global boom in tech funding…
Emirati Startup Bayzat Wins $16m Funding
Dubai-based Bayzat, which offers e-insurance and HR solutions, has won a $16 million Series B funding round to expand its enterprise HR and payroll resources. The round was led by Steve Cohen’s…
Progress Speeds Up on Dubai to Abu Dhabi UAE Hyperloop
Five years after Elon Musk imagined the Hyperloop, two companies are vying to make it a reality between the United Arab Emirates’ two most prominent cities. The proposed Hyperloop between Dubai and…
The Top Five GCC Startups to Watch Out For
The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics.…