The Mohammed Bin Rashid Innovation Fund [MBRIF], an initiative launched by the UAE Ministry of Finance to support nationwide innovation, announced today that it has provided funding support to Bayzat, the UAE’s leading employee benefits platform, as part of its Guarantee Scheme.
Bayzat will use the funds secured by MBRIF’s guarantee to expand its workforce, with a focus on further strengthening its technical development team.

The three companies are members of the Mohammed bin Rashid Innovation Fund (MBRIF), an initiative launched by the Ministry of Finance to promote and foster innovation in the UAE.