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Pakistani Prime Minister Imran Khan on Wednesday directed his special adviser on e-commerce to formulate a “robust policy” to govern the industry and create new jobs and ease of doing business for young people. Pakistan has seen more money flow into its nascent technology sector during 2021 than in the previous six years combined.

This trend is only going to grow in coming years as the UAE hopes to become home to 20 unicorns by 2031 as part of a programme it launched earlier this year. The initiative will see the region offer support to small businesses through a series of public-private partnerships that help entrepreneurs set up in the UAE, expand their businesses and export their products. This kind of “structured approach” is exactly what Pakistan needs if it wants to see its...

Pakistan’s leading online fashion and beauty startup, Bagallery, has successfully raised $4.5 million in a Series-A round from leading institutional investors. Lahore, Pakistan — Bagallery, a Pakistan-based digital-first beauty and fashion startup, has raised $4.5 million in Series A funding. The round was co-led by Zayn Capital, existing investor Lakson VC, and UAE-based Hayaat Global. Bagallery is on a mission to reinvent how people shop for beauty and fashion products online. With its wide range of products spanning across the...

Pakistan’s No. 1 online travel platform Bookme.pk has raised $7.5 million Series A funding to expand across Pakistan and overseas markets. Lahore, Pakistan — Lahore-based ticketing and travel platform, Bookme.pk, announced today that it has raised $7.5 million through a Series A funding round. The round was co-led by Zayn Capital, seed investor Lakson VC, and UAE-based Hayaat Global. MENA based BY Ventures and Jabbar Internet Group, New York based Millville Opportunities and Silicon-Valley based Mentor’s Fund also participated in...

Ahmad Saeed is the CEO and Co-Founder of GrocerApp which enables users to order their groceries, including fresh fruits, vegetables, meat and dairy, through its web and mobile apps. GrocerApp wants to be the largest retailer in Pakistan in 10 years.

Cairo, Egypt - MaxAB has raised USD 40 mn in a series A round led by impact investor RMBV, bringing the amount invested in the company since its record USD 6.2 mn seed round in 2019 to just north of USD 46 mn, according to a MaxAB statement. The round saw participation from the IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavor Catalyst, as well as MaxAB’s original early backers Beco Capital and 4DX Ventures. Investors in the round also included Hayaat Group, a Dubai-based regional family office, Canada-based Sarona, Africa-focused impact investor Axian...

The pre-series fundraising was led by London-based Sturgeon Capital; Hayaat Group, Teqvisory and Robert Kay participated. DUBAI, UAE - Dubai-based logistics Software as a Service (SaaS) startup zip24 has raised US$1.2 million in a pre-series round, led by London-based Sturgeon Capital, along with Angel investors from the UK and Gulf Cooperation Council (GCC) countries, including Hayaat Group, Teqvisory, and Robert Kay. zip24's customers include over 100 e-commerce merchants, retailers, logistics, FMCG companies, and restaurants. zip24's solutions enable their customers to save substantial revenues that would otherwise be...

Pakistan’s leading online grocery delivery platform, GrocerApp, has successfully raised $5.2 million in a Series-A round from leading institutional and angel investors. Lahore, Pakistan — GrocerApp, a Pakistan-based online grocery delivery platform, has successfully raised $5.2M in a Series A round led by Hayaat Global, with participation from Millville Opportunities Fund New York, Dubai Based Wamda Capital and Jabbar Internet Group, Saudi Based Nama Ventures, China based Haitou Global, and Pakistan-based LeanBricks and Walled City Capital. There was additional participation from Angels that...

New Partnership between Blockchain-based Startups to Unlock $500 Billion Worth of Loyalty Points as Liquidity for Carbon Credits San Francisco — ​Loyyal​, a blockchain-based platform that streamlines complex transactions involving loyalty points across multiple loyalty programs and their partners, and ​Clara Terra​, a blockchain-based app that lets companies match consumer contributions to reduce carbon emissions, announced that they have entered into a strategic partnership. By combining their strengths, the Loyyal / Clara Terra integration opens up the value of a...

عميلنا العزيز بسبب الأغلاقات الحاصله لمصافي المعادن الثمينه حول العالم، او الاغلاقات المخطط لها خلال الاسبوع الحالي، لتطبيق الاجراءات الاحترازيه حول فيروس “كوفيد-19″، شهدت اسعار الفروقات على الذهب مستويات عاليه جدا في السوق، بسبب عدم تناسق وتوحيد التسعير بين عقود الذهب الفوريه، والمستقبليه، بالاضافه الى اسعار التسليم الفعلي، مما أدى الى كسر الرابط في التسعير بين هذه العقود والذي بدوره ادى الى فروقات كبيره في التسعير .بين العقود المستقبليه و عقود التداول الاني. كما سنزودكم بتفاصيل اكبر حال ورودها يرجى...

SAN FRANCISCO, Feb. 21, 2020 /PRNewswire/ — Loyyal, the leading blockchain solution for the loyalty and rewards industry, today announced it has signed a three-year commercial production vendor agreement with The EmiratesGroup. Loyyal’s blockchain-enabled loyalty and rewards platform, now in production at Emirates Skywards, brings new transparency, efficiency and cost savings to, the award-winning loyalty programme of Emirates and flydubai with more than 25 million members. Loyyal’s platform helps loyalty program operators reduce costs associated with accounts reconciliation and payment management. Loyyal also introduces...

Noor Capital, a leading UAE-based regulated financial institution and CFH Clearing, the UK FCA-authorized prime brokerage solutions provider, have announced their new strategic B2B partnership “Noor Clearing” at a launch event in DIFC. The event was attended by Mr. Fahad Al Gergawi, CEO, Dubai FDI, Mr. Abdul Jabbar Al-Sayegh, Chairman of Noor Capital & Mr. Christian Frahm Chairman & Co-Founder of CFH Clearing, as well as senior management from both companies along with their most valuable relationships in the region...