Dubai based Auto-tech app Odiggo are drawing record level funding as they secure their latest investment round with three of the world’s top seed-stage VC’s; Y Combinator, 500 Startups and PlugAndPlay …
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World’s top seed-stage VC firms invest in Odiggo’s latest $2.2m round
Dubai-based automotive tech app Odiggo has drawn record levels funding, as it secures its latest investment round with three of the world’s top seed-stage VCs, Y Combinator, 500 Startups and …
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Aramco IPO in doubt according to reports
Public listing of Saudi Arabia’s vast oil firm in question due to alleged price and readiness issues.. Aramco IPO in doubt according to reports. Aramco, flotation, Gas, Industry Trends, ipo, NEWS, oil …
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Dubai Industrial City, EDB back advanced manufacturing
Dubai Industrial City, a member of Dubai Holding Asset Management, has signed an agreement with Emirates Development Bank (EDB) to provide financing and banking solutions to SMEs and support advanced …
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Ajman Bank partners with Kamel Pay
Ajman Bank, a top Shariah compliant bank in the UAE, has signed an agreement with Kamel Pay, a fintech company to build and implement a highly innovative payments value proposition for businesses and …
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Ajman Bank Partners With Kamel Pay To Provide Innovative Payment Solutions For Businesses And Individuals
Ajman Bank, one of the leading Shariah compliant banks in the UAE, has signed a partnership agreement with Kamel Pay, a Fintech Company to build and imp …
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Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round
It’s a cycle that can lead to more expensive repairs and safety issues down the line, and no car owner likes that. Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem.
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UAE convicts eight people for cyber fraud, money laundering amounting to $3.8 mln
The Dubai Public Prosecution has announced that the Dubai Misdemeanor Court has convicted eight individuals and three companies for cyber fraud and …
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Dubai court convicts defendants in Dh14 million bank account hacking case
Dubai: The Dubai Public Prosecution on Saturday announced that the Dubai Misdemeanor Court has convicted eight individuals and three companies for cyber fraud and laundering of stolen funds amounting …
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Dubai: Bid to launder Dh14 million in stolen funds foiled
A Dubai court has convicted eight individuals and three companies for cyber fraud and laundering of stolen funds amounting to Dh14 million. The Dubai Misdemeanour Court sentenced one defendant to …
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UPI Payments Now Live In Dubai; Indians Can Make Payments, Transfer Money Using Apps
UPI payments in Dubai; the development has been made possible through a partnership between the NIPL and a leading financial firm in UAE called Mashreq Bank.
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UAE’s Hawala providers need to comply with a new set of regulations
Central bank of UAE issues new guidance for hawala operators and financial institutions Dubai: Registered Hawala Providers operating in the UAE will be required to comply with a new set of guidance …
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Mashreq Bank activates UPI platform across UAE
NPCI International Payments (NIPL), the global arm of the National Payments Corporation of India, has partnered with UAE’s Mashreq to enable acceptance of the Unified Payments Interface (UPI) platform …
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UPI payments now available in UAE as NPCI’s global arm partners Mashreq Bank
The strategic tie-up between the two entities will provide a considerable boost to the digital payment ecosystem in the UAE and will prove to be a major stepping stone for the wider reach of UPI in th …
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NPCI International to offer UPI in UAE, ties up with Mashreq Bank
National Payment Corporation of India’s (NPCI) international arm NPCI International Payments Limited (NIPL) on August 20 said that it has partnered with Mashreq Bank in the UAE to offer the United …
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China Three Gorges Nears Deal for Dubai Renewable Firm Alcazar
State-owned China Three Gorges Corp. is nearing a deal to acquire Dubai-based wind and solar developer Alcazar Energy Partners, people with knowledge of the matter said, in one of China’s biggest …
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Here is how Indian ‘unicorn’ Cars24 plans to get UAE’s used-car deals fully online
In India, Cars24 is more of a buyer of used cars, while in the UAE, the emphasis is on the selling side. The investment firm DST Global is one of Cars24’s biggest investors. “They …
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