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Investment

Qatar Rasmal Ventures to launch $100 million tech fund

Qatar Rasmal Ventures to launch $100 million tech fund

Qatar based Rasmal Ventures, the first independent venture capital company within QFC authority, licensed to manage exempt funds domiciled in...

August 11, 2024
Pravica Secures $250,000 Grant from Sui Foundation for stablecoin adoption

Pravica Secures $250,000 Grant from Sui Foundation for stablecoin adoption

Pravica, a blockchain infrastructure provider, has secured $250,000 grant from the renowned Sui Foundation. This substantial funding will drive Pravica’s...

July 30, 2024
UAE Cypher Capital leads $15 million investment in ZAP protocol

UAE Cypher Capital leads $15 million investment in ZAP protocol

UAE based Cypher Capital leads $15 million investment in ZAP, a powered token distribution protocol built on the Ethereum Layer...

July 23, 2024
Blockchain network Boba launches accelerator with support from UAE investors and freezone

Blockchain network Boba launches accelerator with support from UAE investors and freezone

Boba Network, an optimistic-based multichain layer-2 scaling blockchain solution, has launched the Boba Liftoff Accelerator partnering with venture capitalists, free zone...

July 22, 2024
UAE Cypher Capital invests in Bitcoin backed stablecoin protocol

UAE Cypher Capital invests in Bitcoin backed stablecoin protocol

UAE Cypher Capital, a multi strategy crypto investment firm, has invested along side lead investor CMS Holdings and Rocktree Capital...

July 17, 2024
Tokinvest has raised half a million dollars

Tokinvest has raised half a million dollars

Tokinvest, a marketplace for real-world asset tokenization, has raised half a million dollars ($500,000) in pre-seed funding from several strategic...

July 16, 2024
UAE Phoenix Group and Web3 IOPn will invest $100 million in Ras Al Khaimah

UAE Phoenix Group and Web3 IOPn will invest $100 million in Ras Al Khaimah

UAE Web3, crypto blockchain company Phoenix Group, an ADX listed company, and IOPn, a Web3 ecosystem that leverages blockchain, AI...

July 11, 2024
Blockchain enabled Maalexi agri business receives debt investment of $1 million

Blockchain enabled Maalexi agri business receives debt investment of $1 million

Blockchain enabled UAE based Maalexi has received an investment of $1 million from Stride Ventures, a premier global venture debt...

July 10, 2024
Qatar Fintech Hub to support women entrepreneurs in Qatar and Kuwait

Qatar Fintech Hub to support women entrepreneurs in Qatar and Kuwait

The Qatar Fintech Hub, developed by Qatar Development Bank, has partnered with The International Trade Centre’s (ITC) SheTrades Initiative, and...

July 7, 2024
Indian crypto exchange expands into MENA with acquisition of BitOasis in UAE

Indian crypto exchange expands into MENA with acquisition of BitOasis in UAE

CoinDCX, India’s cryptocurrency exchange, has acquired UAE based BitOasis, which according to Bloomberg could add $50 million in revenues to...

July 3, 2024
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