FME Staff

Dubai Islamic Bank Launches Major Funding Drive to Support Growth Ambitions

Finance / Leave a Comment

Dubai Islamic Bank is preparing to secure $750 million through a new Islamic financing transaction, reinforcing its position as one of the leading players in the global Sharia-compliant banking sector. The planned fundraising comes as financial institutions across the Gulf continue to capitalize on strong liquidity conditions and growing investor appetite for Islamic financial products.

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Pickalbatros Strengthens Regional Hospitality Vision Through Strategic Expansion Initiatives

Business News, Expansion / Leave a Comment

Pickalbatros is entering a new phase of growth as it advances an ambitious strategy focused on expanding its hospitality footprint across some of the region’s most dynamic tourism destinations. The company is actively pursuing opportunities that align with evolving travel trends, rising visitor demand, and government-led efforts to enhance tourism infrastructure. As international tourism continues

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Saudi Logistics Innovator Pickappo Secures New Capital to Accelerate Expansion Efforts

Business News, Startups / Leave a Comment

Saudi Arabia’s rapidly evolving digital economy continues to create opportunities for technology companies developing smarter ways to connect businesses and consumers. Among the latest ventures attracting investor attention is Pickappo, a homegrown logistics technology startup that has successfully closed a USD 535,000 pre-seed funding round aimed at supporting its next phase of growth. The company

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Peekabox Secures $1.5 Million to Expand Sustainable Food Commerce Across the GCC

Business News, Startups / Leave a Comment

Dubai’s growing startup ecosystem continues to attract attention as food-tech venture Peekabox announced the successful closure of a $1.5 million seed funding round aimed at accelerating its regional expansion. The company is building a digital marketplace designed to connect consumers with surplus meals and grocery products from restaurants, cafes, bakeries, and retailers at significantly reduced

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ThinkProp Introduces AI-Powered Academy For UAE Real Estate Professionals

Business News, Entrepreneurship, Expansion, Real Estate / Leave a Comment

ThinkProp Venture has unveiled ThinkProp AI Academy, a new initiative designed to reshape professional training for the UAE’s real estate and business sectors through artificial intelligence-driven learning systems. Developed under the umbrella of Advanced Real Estate Services, the academy aims to bridge the gap between theoretical education and real-world industry performance. Positioned as one of

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TruKKer Reinforces Regional Freight Expansion Through Structured Financing

Business News, Entrepreneurship, Expansion / Leave a Comment

TruKKer’s latest USD 300 million facility reflects a significant evolution in how regional technology companies are financing long-term expansion. By leveraging structured, non-recourse securitization instead of traditional equity funding, the company reinforces institutional confidence in MENA’s growing logistics infrastructure, digital trade ecosystems, and technology-driven cross-border freight operations. TruKKer continues to redefine regional logistics through technology-led

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Telr and Geidea Partner to Strengthen Unified Payment Experiences Across MENA

Business News, collaboration / Leave a Comment

Telr and Geidea have entered a strategic collaboration aimed at enhancing digital and in-store payment experiences for merchants across the Middle East. The partnership brings together Telr’s payment gateway and omnichannel capabilities with Geidea’s advanced point-of-sale solutions to support more seamless and connected commerce operations. The collaboration reflects the region’s accelerating shift toward integrated payment

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AI Cybersecurity Startup Lyrie.ai Raises $2 Million Pre-Seed Round

Entrepreneurship / Leave a Comment

Dubai-based cybersecurity startup Lyrie.ai has officially emerged from stealth mode after raising $2 million in pre-seed funding. Developed by OTT Cybersecurity LLC, the platform focuses on securing autonomous AI agents operating across enterprise and government systems. The funding will support platform development, expansion of the cybersecurity research team, and the rollout of the company’s newly

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Seven Years Of Advancing Innovation In Egypt

Business News / Leave a Comment

Tatweer Misr has launched the seventh edition of its Innovation Competition in partnership with Egypt’s Entrepreneur Awards (EEA), continuing its long-term commitment to supporting entrepreneurship, technology, and future-focused urban development across Egypt. The competition welcomes innovators at every stage, from early ideas to scaling startups operating for up to eight years. This year’s edition offers

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María Muñoz Is Transforming MENA Luxury Through Maison Pyramide

Entrepreneurship / Leave a Comment

In a region experiencing a powerful cultural and creative transformation, María Muñoz has emerged as one of the defining figures shaping the future of fashion, luxury, and brand communication across the Middle East and North Africa. As co-founder and partner of Maison Pyramide, the Cairo-based creative agency and luxury communications platform, she has played a

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