In 2016, the Gulf Cooperation Council (GCC) member states signed a value added tax (VAT) agreement paving the way for the introduction of the general levy on consumption across the region. The United ...

Fully compliant with ZATCA and the FTA, Wafeq plans to double down on its Saudi operations where 90% of its business originates and expand in the UAE Wafeq grew from 0 to over 8,000 customers in less ...

Businesses on Wafeq create over 630,000 invoices every month totalling over $117 million (SAR 440 mn) Financial software startup will utilise capital to enter Egypt while doubling down on growth in ...

, the UAE-based business-to-business (B2B) embedded finance startup, has partnered with the UAE-based cloud accounting software provider Wafeq to roll out a US$5 million invoice financing facility ...

RemotePass, a UAE-based global payroll platform, and Wafeq, a UAE-based accounting software provider, have partnered to fully automate payroll accounting for businesses in the UAE and KSA. This ...

The UAE-based startups led the funding activity in the Middle East and North Africa region this week with fintech platform Wafeq and healthtech firm BioSapien pocketing the biggest cheques. Saudi ...

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. Built for the unmet finance and accounting needs of small and medium businesses in the ...

Accounting platform Wafeq has raised $3 million in seed funding led by Raed Ventures. The round also saw participation from Wamda Capital. The Dubai-headquartered company will use the funding to ...

RemotePass, a UAE-based global payroll platform, has partnered with Wafeq, a leading UAE-based accounting software provider, to fully automate payroll accounting for businesses in the UAE and KSA.