EBID secures major credit rating upgrade from Moody's, affirming steady climb to investment grade and growing relevance in West Africa

Singapore Targets Fund Managers With Tax Exemption, Talent Measures

Singapore plans to offer fund managers a new tax break as competition for global investment firms heats up. The Monetary Authority of Singapore (MAS) and the Ministry of Finance plan to exempt certain profit-related returns earned from managing qualifying funds. The exemption would apply when companies, partnerships or individuals receive a contractual share of a [...] The post Singapore Targets Fund Managers With Tax Exemption, Talent Measures appeared first on Fintech Singapore.

Microsoft Links 30+ Rotating Domains to MacSync Stealer Infrastructure

Microsoft Defender Experts have linked more than 30 web domains to MacSync Stealer, a macOS-focused information stealer, after correlating recurring endpoint and network behaviors across changing infrastructure, tracing the malware from payload retrieval through data collection, staging, and exfiltration. The tech giant said it required multiple endpoint and network behaviors to align before

Tax Star closes $1.75 million Seed round to expand across GCC

UAE-based taxtech startup Tax Star has raised $1.75 million in a Seed round, primarily backed by angel investors. Founded in 2023 by Rayhan Aleem and Haris Tasawar, Tax Star provides an AI-powered corporate tax and compliance platform and is a pre-approved Accredited Service Provider (ASP) for the UAE's upcoming e-invoicing system. The funding will be used to expand go-to-market activities, develop the platform and help businesses comply with the UAE's e-invoicing requirements. Press release: Ta

Exits MENA acquires Avanz Capital Egypt in multi-seven-figure deal

Egypt-based investment advisory platform Exits MENA, alongside Avanz Capital Egypt’s local management, has signed a multi-seven-figure deal to fully acquire private equity and asset management firm Avanz Capital Egypt (ACE). Founded in 2022 by Mohamed Abuelnaga Nagaty, Ayman El Tanbouly and Ahella El Saban, Exits MENA provides M&A, fundraising, investment readiness and advisory services to startups and SMEs. The transaction has received initial approval from Egypt’s Financial Regulat

Rozenama raises $150,000 pre-Seed to scale e-commerce platform across Iraq

Iraq-based e-commerce startup Rozenama has raised $150,000 in a pre-seed round from Iraqi entrepreneur and Aljasmi Perfumes CEO Mohammed Haider. Founded in Baghdad by Abbas Muhil and Mohammed Fawzi, Rozenama provides an e-commerce platform for Iraqi merchants, integrating local delivery companies, payment methods and cash-on-delivery infrastructure. Rozenama says it has grown from 250 to more than 900 active merchants over the past 12 months and has more than 13,000 registered users. The funding

How former theatre director Phil Morle became a startup visionary

Phil Morle turned theatre into deep-tech investing, exposing why startup hype is cheap and conviction costs.

Swiggy shareholders greenlight proposal for Indian-owned company status

Swiggy also announced expanded leadership roles for three senior executives at its Instamart and Food Marketplace businesses.

Robot maker Unitree’s IPO surges 600%, outpacing crypto traders’ premarket bets

A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.

10 Life lessons we understand only after making mistakes

Discover 10 important life lessons that become clear after mistakes, failures, and difficult experiences shape our growth and perspective.