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Shiprocket increases the employee stock option pool by $19 million-thumnail

Shiprocket increases the employee stock option pool by $19 million

It aims to significantly enhance the retention of employees by elevating employee engagement-Shiprocket, the leading logistics and supply chain enablement services firm, in a boost move for ensuring its high

News

Dec 13, 2024

Arab Health 2024: A Catalyst for Dubai’s Economy and Healthcare Growth-thumnail

Arab Health 2024: A Catalyst for Dubai’s Economy and Healthcare Growth

Arab Health drives $269.7M in economic impact, paving the way for healthcare innovation and growth in Dubai. PC: Zawya Arab Health was once again a cornerstone event in the Dubai

News

Dec 13, 2024

Clear Achieves 93% Revenue Growth to Rs 210 Crore in FY24; Reports Losses-thumnail

Clear Achieves 93% Revenue Growth to Rs 210 Crore in FY24; Reports Losses

Clear, formerly known as Cleartax, has witnessed a significant financial turnaround in its latest fiscal year with an impressive 93% revenue growth that has touched Rs 210 crore for FY24.

News

Dec 13, 2024

Emirates NBD Invests in Zodia Custody to Strengthen Digital Asset Strategy  -thumnail

Emirates NBD Invests in Zodia Custody to Strengthen Digital Asset Strategy  

Driving Innovation in Digital Assets through Strategic Investment   Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, has announced a strategic equity investment

News

Dec 12, 2024

Republic of Indonesia Lists $2.75 Billion Sukuk on Nasdaq Dubai  -thumnail

Republic of Indonesia Lists $2.75 Billion Sukuk on Nasdaq Dubai  

Strengthening Indonesia’s Global Sukuk Presence   PC: wam.ae Nasdaq Dubai welcomed the listing of three Sukuk issuances from the Republic of Indonesia, amassing USD 2.75 billion. The issuances, part of the

News

Dec 12, 2024

Astra Tech Secures $500 Million for Fintech Growth-thumnail

Astra Tech Secures $500 Million for Fintech Growth

Landmark Financing for Quantix Technology Projects   Astra Tech, a Dubai-based technology company, has reached a major milestone with its fintech subsidiary, Quantix Technology Projects, securing financing of $500 million. The

News

Dec 12, 2024

Rebel Foods Raises $210 Million in Series G Funding Led by Temasek-thumnail

Rebel Foods Raises $210 Million in Series G Funding Led by Temasek

In a significant development for the foodtech sector, Rebel Foods announced that it had closed its Series G funding round, with $210 million raised in the process. The Singapore-based global

News

Dec 12, 2024

Scripbox Bags ₹84.33 crore revenue in FY24 with 44.4% growth, also cuts employee cost by 38%-thumnail

Scripbox Bags ₹84.33 crore revenue in FY24 with 44.4% growth, also cuts employee cost by 38%

Wealth management platform Scripbox has achieved a significant revenue growth to ₹84.33 crore for the fiscal year ending March 2024. This is an increase of 44.4% from ₹58.4 crore of

News

Dec 11, 2024

Gulf’s Biggest IPO Marks Dubai Debut-thumnail

Gulf’s Biggest IPO Marks Dubai Debut

Strong Market Performance Following Region’s Largest Tech IPO PC: WION Talabat Holding, the Middle East’s leading food delivery and online grocery operator, got off to a flying start on the

News

Dec 11, 2024

Mideast Stocks: Gulf Markets Gain Ahead of U.S. Inflation Report-thumnail

Mideast Stocks: Gulf Markets Gain Ahead of U.S. Inflation Report

Gulf Stock Markets Gain Momentum   Early on Thursday, most of the Gulf stock markets posted rises on account of investors waiting to absorb what US inflation data and some key

News

Dec 11, 2024

Huge demand for MobiKwik IPO; subscribed 4X in just 4 hours-thumnail

Huge demand for MobiKwik IPO; subscribed 4X in just 4 hours

MobiKwik, a fintech platform originated from Gurugram, has begun its initial public offering on good investor demand. The public issue was subscribed four times in just four hours from the

News

Dec 11, 2024

Iliad Partners Launches New PIF-backed $50 Million Fund-thumnail

Iliad Partners Launches New PIF-backed $50 Million Fund

A UAE-headquartered leading venture capital firm, Iliad Partners has announced the launch of its $50 million Iliad Partners Tech Ventures Fund I. The firm will be located in the Abu

News

Dec 11, 2024


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