It elevated $110m in the Sequence B funding round co-led by Paradigm and Kleiner Perkins in January 2022 to more increase licencing in other jurisdictions through the Middle East and greatly enhance its technologies with an advanced trading System.

The company recently partnered with biometrics solutions provider Facephi, which enables its people inside the UAE and Saudi Arabia to complete electronic onboarding and identity verification without the need of the chance of id theft.

“Working with regulatory bodies including the FSRA has become the swiftest and many safe ways to provide cryptocurrencies for the region and benefits both of those clients and governmental bodies alike,” Yehia Badawy, Rain co-founder mentioned at some time from the licencing in January 2022.

IMMENSA, winner from the coveted Gulf Capital Enterprise on the 12 months award, was recognised for their incredibly potent organization design and just how they’ve tapped into your very competitive oil and fuel industry. Commenting within the accolades, Dr Karim El Solh, CEO of Gulf Funds, explained: “It's been a extraordinary journey during the last a decade of supporting and recognizing SMEs within the Gulf Capital SME Awards. Every year we see the exceptional ambition of those entrepreneurs who continue to function the spine of the regional economic climate and drive the boundaries of innovation, shopper aim and financial advancement.

Revive does that by preserving surplus food with new technological know-how in Qatar and redistributing it to These in will need. Connected Story

Started in 2019, Shgardi can be an on-desire B2C delivery application that ‘provides everything’. It commenced with foods supply but has expanded its expert services to include groceries, pharmacy and deal shipping and delivery solutions.

A business or organization chief's impressive Suggestions or items that can make value and remedy crucial problems, whilst also acquiring the opportunity to generally be scaled up and sustained over the long term.

This innovation is way required as financial establishments across Africa are battling to lend to smallholder farmers. Due to this farmers will often be pressured to resort to informal moneylenders that charge exorbitant interest premiums that are too high for farmers to help make effective investments within their farms.

Celebrating the perfect businesses and business owners with the location, the 2020 Awards received above 300 apps throughout seventeen unique categories. The winner of MasterCard Engineering Startup of your Year, BankOnUs, permits UAE citizens to check insurance guidelines, charge cards, financial loans, and financial institution accounts all in one spot.

Darent’s offerings is often accessed on an application that hosts a range of accommodation groups including apartments for holiday vacation rentals, villas, lofts and chalets.

Meanwhile, owning realized a gross items worth (GMV) of $2bn, Huspy has established its sights with a $400bn GMV prospect in its existing functioning nations – the UAE and Spain.

Together with the intention to rejoice the area’s tech-primarily based startups, MESA is an element of the worldwide Startup Awards, the globe’s premier impartial startup ecosystem.

A chance to supply excellent provider to all stakeholders including shoppers, partners and suppliers.

“Even though quite a few businesses have found it rough likely in 2020, handful of have faced higher issues than All those running during the SME sector,” states MEED editorial director Richard more info Thompson. “Tiny enterprises are definitely the lifeblood of any financial state plus the Gulf Funds SME Awards rejoice the resilience plus the travel of business owners and compact providers.