August 8, 2021
AZOM DESERT 2 IN OMAN

Azom startup will launch “AZOM Desert2 Smartphone” in Oman

Azom , specialized in developing, designing and selling electronics, such as smart devices and accessories, has signed a contract with the Omani ABT Company to be its agent in the Sultanate of Oman. Azom will launch its...
August 10, 2021
Abu Dhabi Department of Economic Development (ADDED)

Abu Dhabi’s “ADDED” to issue professional licenses that allow 100% foreign ownership

The Abu Dhabi Department of Economic Development (ADDED) is introducing a professional license that will allow foreigners full ownership of businesses related to 604 professional activities. The professional activities company covers a...
August 15, 2021
Investments in MENA July2021

Startups in the Middle East and North Africa raised about $632 million last July

Startups in the Middle East and North Africa raised about $632 million last July, through executing 77 deals, which represents a new record. The increase in funding last July was due to the implementation of a number of large deals, such as the financing round of Emirati cloud kitchen operator Kitopi, which raised...
August 30, 2021
investments in the middle east startups

A record year for investments in the middle east startups

Investments in startups in the Middle East are set to break a new record this year, crossing the $2 billion barrier for the first time, powered by Fintech and FoodTech, which are at the forefront of investor interest. A new report from RedSeer, a strategic research and...