Among American startup hubs, North Carolina’s Research Triangle region has long ranked as a solid producer of tech and life sciences companies. Silicon Valley, however, it’s not.
But now, with Raleigh-based First Citizens BancShares acquiring much of th… https://t.co/JodnQBJkDo
The Central Bank of Egypt (CBE) said that 2.16 million customers registered on the “InstaPay” payments application during the first year of its establishment.
The CBE said the application hit 20.3 million transactions during the first year, with a value… https://t.co/bhbEAMhyyz
Telecom provider Etisalat Egypt by e& announced Amazon Payment Services the official payment service provider.
By collaborating with Amazon Payment Services, Etisalat Egypt by e& will help provide smooth payment tools and instalments options to its cust… https://t.co/cmDD4cF1uA
UAE-based fintech Qlub has raised $25 million in a fresh round of funding, bringing the company's total Seed capital to $42 million.
The round was co-led by existing investors including Cherry Ventures and Point Nine, with participation from STV, Raed V… https://t.co/ZkWoFL7EOY
Saudi Aramco, Panjin Xicheng Industrial Group have signed an agreement for an US$12.2 billion-oil refinery and petrochemical project in northeast China.
The project is expected to start in 2026 in Liaoning province’s city of Panjin to meet the Gulf coun… https://t.co/ADxXd0grBd
There are four distinct developments that propel artificial intelligence forward today, said Deep Nishar, a managing director at venture capital firm General Catalyst.
And Nishar would know.
The investor co-led the firm’s recent $350 million funding in… https://t.co/7VPy6r112F
In this week’s edition of Who’s Hiring In Tech, we look at open positions at funded startups in a variety of sectors from our Crunchbase database.
On our list are 391 Actively Hiring Startups, which include funded companies currently hiring for multiple… https://t.co/wm48nXLDni
Kenya-based VC firm Factor[e]Ventures has launched Delta40, a new venture studio that aims to increase incomes and tackle climate change in Africa by building and investing in technology ventures.
Factor[e]Ventures invests in and supports early-stage te… https://t.co/ofaZpsSTWB
The British multinational bank Standard Chartered plans to sell its business in Jordan to AJIB, implementing its strategy to expand to fast-growing markets.
Arab Jordan Investment Bank (AJIB) signed the agreement to purchase Standard Chartered’s busines… https://t.co/fExzIz4GMO
Amazon Web Services (AWS), the cloud computing division for the world’s largest e-commerce retailer Amazon, has strengthened its footprint in Africa with a call for applications from early-stage startups to join the inaugural edition of the AWS FinTech A… https://t.co/7FwP5X2IPV
Emirates NBD has partnered with global innovation platform Plug and Play Abu Dhabi to launch a fintech accelerator programme focused on risk management.
The bank is focused on 3 challenge statements, the first being cyber risk to enhance the protection … https://t.co/GHMBRsZCoW
The Central Bank of UAE (CBUAE) has engaged G42 Cloud and enterprise blockchain firm R3 as the infrastructure and technology providers respectively for its Central Bank Digital Currency (CBDC) implementation.
The regulator indicated its readiness to emb… https://t.co/5qTAsqd8IR
South African VC firm Kalon Venture Partners, which invests in digital disruptive technologies, is to raise a US$50 million fund which will see it make investments outside of South Africa for the first time.
Formed in 2016, Kalon Venture Partners invest… https://t.co/PF7bk3eyTx
First Citizens BancShares is in advanced talks to acquire Silicon Valley Bank — the preeminent bank for tech startup — per a Bloomberg report on Sunday afternoon.
The Raleigh, North Carolina-based bank had been reported earlier as a suitor, along with … https://t.co/ITK1eyqCiB
In 2016, Egyptian entrepreneur Mohamed Elmasry moved to the UK, in hopes of building a local tech product with global know-how and impact. Towards that end, Elmasry along with Sherif Khairalla and Mohammed Hassan set up Tactful AI to leverage AI capabili… https://t.co/3fg0svvqMb
Tkyr, a Saudi digital platform for food delivery, secured a US$ 4 million fund in a Pre-series A round by a number of Saudi companies in food and beverages sector including Food Square, Etihad AlKhaledia, Haif and Mateen.
The Saudi startup was launched … https://t.co/5RCF54YSFz
The financial service regulatory, Abu Dhabi Global Markert’s (ADGM) announced giving permission for Sygnum, a Zurich-based digital asset bank, to start Sygnum Bank Middle East in UAE market.
The step came amid an increase in demand on crypto services in… https://t.co/IzkfVwbWio
Cairo-based ‘Exits MENA’, an online investment marketplace has partnered with Brainy Squad, a digital content agency, to create a knowledge hub for startups owners willing to exit or to raise capital.
The online marketplace is connecting both startups o… https://t.co/RPhWjgtc6f
Want to keep track of the largest startup funding deals in 2023 with our new curated list of $100 million-plus venture deals to U.S.-based companies? Check out our new Megadeals Tracker here.
This is a weekly feature that runs down the week’s top 10 ann… https://t.co/cwyPxTPuvC
After a decade in the pharmaceutical industry where she had a hand in developing prominent drugs including the immunosuppressive drug Humira, Shao-Lee Lin started her own biopharma company.
She founded Acelyrin in 2020, armed with $8 million in Series A… https://t.co/vRelYgmKGh