Banking and Finance Saudi startup Erad secures $16m to fund small businesses Erad, a Riyadh-based fintech startup, has secured $16 million in pre-Series A funding to fuel its expansion, according to a press release. Erad provides Sharia-compliant financial services to small and medium-sized enterprises (SMEs). It has so far raised funding of SAR 100 million ($27 million) in Saudi Arabia and the UAE. The round was backed […] May 1, 2025
Opinion Media & Advertising Dubai chocolate is the golden ticket of city branding Food is part of a place's cultural identity. Plenty of cities and countries have dishes associated with them April 14, 2025
Entrepreneurs 60 seconds with Satish Sanpal, chairman of ANAX Holding Satish Sanpal established ANAX Holding in Dubai in 2018 as a diversified investment entity. Today, ANAX Holding operates across multiple sectors, including real estate development, hospitality and financial services. ANAX Developments, one of its key subsidiaries, has emerged as a prominent real estate developer in Dubai, delivering high-demand projects across the city. What one piece […] April 4, 2025 In association with
Opinion Entrepreneurs Mena startups lose critical ally as USAID exits The aid body has been instrumental in funding across the region April 2, 2025
Banking and Finance Lendo raises $690m to fund SME growth in Saudi Arabia Lendo, a Saudi debt crowdfunding platform, has secured a SAR2.6 billion ($690 million) facility to fund more small and medium-sized enterprises (SMEs) in the kingdom. The facility, led by J.P. Morgan, will expand its lending capacity, introduce new innovative products, and expand SME coverage in the kingdom, says the company. This aligns with Vision 2030’s […] January 31, 2025
Opinion Real Estate The UAE is the world’s new capital for entrepreneurs Dubai and Abu Dhabi have become magnets for investors and the world's super-rich January 13, 2025