Invesco sees a boost in Shariah-related investment products in 2022

Looking ahead to 2022, Invesco experts expect to see a continued growth of opportunities for investors looking for Shariah-compliant investment vehicles.   “Islamic finance has evolved significantly since it was established nearly five decades ago, but only in the last few years have we really seen rapid growth in investor interest and the number of Shariah-compliant […]

IDnow launches in UAE to serve MEA’s 800mln dollar digital identity verification market

 IDnow, one of the leading global digital identity verification providers, has announced its launch in the Middle East, with the opening of its new office in DIFC’s Innovation Hub. This is the first IDnow office outside of Europe, adding to its headquarters in Munich, and offices across Leipzig, Düsseldorf, London and Manchester. The business is […]

Wrk making waves in automation space with $55M funding announcement

Wrk Technologies Inc. (Wrk), a Montreal-based automation start-up dedicated to transforming and scaling the delivery of work, has secured CAD$55M (USD$43M) in cumulative seed, Series A, and debt financing after completing its Series A led by White Star Capital and OMERS Ventures. The total financing announcement includes CAD$12.5M (USD $9.6M) in previously raised seed financing from original seed investors Real Ventures […]

Spin raises $3.75M in seed funding round led by Lemniscap with participation from GSR, Spartan Group, and other VCs

The Spin multichain derivatives DEX has raised $3.75M  in a seed funding round led by Lemniscap with participation from GSR, Spartan Group, ZMT Capital, Longhash Ventures, and AngelDAO. The funds raised will be used to support the Spin DEX further development. Founded in mid June 2021, Spin is building a multichain solution for on-chain derivatives trading that executes order book order execution model to provide users […]

ME’s leading insurer NLG unifies its systems under Oracle Fusion with 4i Apps as its technology partner

National Life and General Insurance Co. SAOG (NLG) is the market leader and largest insurance company in Oman (by Gross Written Premium) and has around 190+ combined touch points for policy sales and servicing. In addition to Oman, NLG also has overseas branches in Dubai, Abu Dhabi & Kuwait.  As a part of their digital transformation strategy, NLG was exploring […]

100,000 registered attendees see LEAP22 leapfrog into first place in international technology events

The inaugural edition of LEAP has set new records for a debut technology event, attracting over 100,000 registered attendees from more than 80 countries. Over 700 exhibitors including the world’s leading technology companies and over 1,500 of the most innovative start-ups, along with more than 500 international speakers joined LEAP22, which concluded yesterday in Riyadh, […]

Lumofy raises 500,000 dollars in Seed Round

The EdTech platform, Lumofy, announces that it had successfully closed a funding round of $500,000, led by several investors, including Hope Fund, JEO Capital Management, and the two angel investors, Yaser Alghamdi and Abdulrahman Al Jiffry. Ahmed Faraj, Founder and CEO of the company, said: ” This investment will enable us to take important steps impacting the […]

MEIRC announces the introduction of SHRM Advanced Certificate in HR Management program in UAE

Meirc Training and Consulting®, a leading provider of training and consulting solutions, has launched a new training program: SHRM Advanced Certificate in HR Management (ACHRM), in association with The Society for Human Resource Management. The Advanced Certificate program is the first and only program of its kind that is fully offered by the world’s largest […]

Halo Investing Adds Former KeyBank Wealth Management President to Advisory Board

Halo Investing, Inc. (“Halo”) is pleased to announce that Terry Jenkins, former President of KeyBank Wealth Management and former President and CEO, US Wealth Management of BMO Harris Bank in Chicago, has joined as an Advisory Board Member to the Company. Halo is an award-winning technology platform for protective investment solutions. Through the Halo platform, financial advisors […]