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a16z's first GCC bet, Breadfast layoffs

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Abu-Sheikh's Mal lands in-principle CBUAE banking approval months after record $230M Seed

Abu-Sheikh's Mal lands in-principle CBUAE banking approval months after record $230M Seed

The Abu Dhabi-based fintech, founded by former Astra Tech CEO Abdallah Abu-Sheikh, has cleared the first regulatory step required to launch a Sharia-compliant digital bank in the UAE.

Jamie Lane

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Tamara Q1 2026 revenue triples as Islamic financing line scales to 27% of revenue

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🇦🇪 UAE

May 18, 2026

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Abu-Sheikh's Mal lands in-principle CBUAE banking approval months after record $230M Seed

May 15, 2026

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Cerebras closes at $70B on Nasdaq debut as Abu Dhabi-fuelled AI chipmaker prices year's biggest IPO

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May 15, 2026

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Tamara Q1 2026 revenue triples as Islamic financing line scales to 27% of revenue

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Tabby's Saudi unit Q1 profit growth lags 34% revenue rise as in-house build-out bites

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Exclusive: Egyptian grocery delivery startup Breadfast cuts 58 tech staff months after $50M raise

Apr 17, 2026

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Apr 7, 2026

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Egypt's Lucky raises $23m Series B to scale consumer credit and expand into North Africa

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