Category Archives: Business & Investments

Fintech Alaan raises $48 million to equip MENA finance teams with AI agents

Dubai, UAE [5th Aug, 2025] – Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million – one of the largest Series A funding rounds in the history of the region.

The round was led by Peak XV Partners (formerly Sequoia Capital India & SEA) with significant participation from the founders of 885 Capital, Sudeep Ramnani & Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund. The round was heavily oversubscribed and includes both primary and secondary funding.

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Danube Home Selects MoEngage to Power Hyper-Personalized Customer Journeys

Middle East’s Leading Home Retailer Leverages AI to Deliver Seamless Online-to-Offline Experiences and Drive Future Growth.

Dubai, UAE – 06 August 2025: Danube Home, a dominant force in home improvement and furnishing across the Middle East and Indian Subcontinent, is set to revolutionise its customer engagement strategy through a strategic partnership with MoEngage. The company has officially onboarded MoEngage’s AI-powered Customer Data and Engagement Platform (CDEP) to power its next phase of significant growth. This collaboration will enable Danube Home to deliver truly personalized shopping experiences, effortlessly connecting every customer’s online journey with their in-store interactions, and ensuring a seamless, unified brand experience as Danube Home expands its presence and market dominance.  

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ACCA and EY share new guidance to help businesses boost confidence in AI

  • New paper sets out key considerations for business leaders and policy makers to help bolster confidence in AI systems
  • Guidance aims to support effective AI assessments, through better governance, compliance and performance
  • Paper seeks to help businesses deploy safe, reliable and effective AI systems, as AI adoption grows
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Exclusive Interview with Mr. Toufic Koussa , Co-Founder and CEO of Whish Money

Toufic Koussa is the Co-Founder and CEO of Whish Money, a fintech company redefining how people spend, and access money across Lebanon and beyond. A visionary leader driven by purpose, Toufic is committed to building technology that solves real-world problems, fosters economic opportunity, and connects communities through innovation. With a bold vision for the future of finance, Toufic continues to shape a company that not only adapts to change but drives it.

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AD Ports Group Opens Islamabad Office, Expanding its Strategic Presence in Pakistan

Abu Dhabi, UAE/ Islamabad, Pakistan – 5thAugust 2025: AD Ports Group (ADX: ADPORTS), a leading enabler of global trade, logistics, and industry, officially launched its first representative office in Islamabad, the capital of Pakistan, marking a significant milestone in the Group’s international growth journey and its long-term commitment to enabling trade and logistics across South and Central Asia.

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