In June 2021, Ziina, fresh from completing YC’s first cohort that year and securing a $ 7.5 million seed, launched its fintech app to 20,000 retail customers, allowing them to send and receive money. Three years later, the Dubai-based startup, which now counts 50,000 retail and business customers byafter expanding its offerings to meet the […]
Loft Orbital forms joint venture with UAE-based firm to scale satellite production in the Middle East
A holding company affiliated with an Emirati royal family is injecting a new joint venture between Abu Dhabi-based Marlan Space and startup Loft Orbital with over $ 100 million to grow the region’s domestic satellite manufacturing capabilities. The joint venture, called Orbitworks, will be the first commercial firm in the United Arab Emirates to mass […]