Wamda

Oman

Oman Investment Authority invests in Elon Musk’s xAI

Oman Investment Authority (OIA) has invested in Elon Musk’s artificial intelligence startup, xAI, acquiring an undisclosed...

xAI Oman Investment Authority Elon Musk

Oman

Fascano raises undisclosed funding round led by Oman Future Fund

Oman-based foodtech Fascano has closed its second funding round at an undisclosed amount, led by the Oman Future Fund, in collaboration...

Fascano Oman Future Fund foodtech

Oman

Omani BNPL fintech QPay closes Seed round

Oman-based fintech QPay has closed a Seed round at an undisclosed value, led by Cyfr Capital. Founded in 2022 by Khalid...

Qpay Fintech BNPL

Oman

IO Kitchens secures $2.8 million in a Seed round

Oman-based cloud kitchen IO Kitchens has closed a $2.8 million Seed funding round, led by Tanmia Small-Cap Fund and supported by a group...

IO Kitchens foodtech cloud kitchen

Oman

Oman’s climatetech 44.01 closes $37 million Series A round

Oman-based climatetech 44.01 has closed a $37 million Series A funding round, led by Equinor Ventures with Shorooq Partners, as well as...

44.01 Cleantech Climatetech

Jordan

Numa partners with Mamun to give freelancers access to finance

Oman-based fintech Mamun has partnered with Jordanian fintech “Numa" with the aim of providing freelancers and creators...

NUMA Mamun

Oman

Oman’s Bon Plus raises undisclosed Seed round

Oman-based HoReCa services provider Bon Plus has raised an undisclosed Seed investment from Omantel via Omantel Innovation Labs, along...

Bon Plus Omantel Innovation Labs

Oman

ADQ, Oman Investment Authority launch $180 million Jasoor Fund

Abu Dhabi-based investment and holding company ADQ has jointly launched $180 million technology-focused fund, Jasoor Fund, with Oman...

ADQ Oman Investment Authority Jasoor Fund

Oman

Omani adtech Mubashir secures investment from ITHCA

Oman-based adtech Mubashir has raised an undisclosed investment round from ITHCA Group. Founded in 2015 by Ali Al Raisi, Khalid Al...

adtech Mubashir ITHCA

Oman

Zameeli raises equity crowdfunding via Mamun platform

Oman-based platform Zameeli, which connects local freelancers with SMEs, has closed its equity crowdfunding via Omani fintech...

Zameeli Mamun Crowdfunding

Oman

Saudi Arabia’s T2 acquires Omani data analysis startup Promize

Saudi Arabia-based business development company T2 has acquired Omani customer data analysis company Promize for an unknown...

T2 Promize

Bahrain

Omani contech Innotech wins $500,000 during Beban TV show

Oman-based contech Innotech, has raised $500,000 in investment from Hope Ventures, alongside private sector investors Mrs. Areej Mohsen...

Beban Hope Ventures innotech

Oman

Omani foodtech KitchenomiKs raises $1.8 million pre-Series A

Oman-based foodtech KitchenomiKs, has raised $1.8 million in a pre-Series A funding round from Omani and regional investors,...

KitchenomiKs cloud kitchen foodtech

Oman

UzOman invests in ZOOD

UzOman, a joint investment fund between Omani and Uzbek Sovereign Wealth Funds, has invested an undisclosed amount in Switzerland-based...

UzOman Zood

Oman

Oman’s byanat secures Seed round

Oman-based SaaS startup byanat has raised an undisclosed Seed funding round with contributions from 500 Global, Sanabil Investments,...

byanat SAAS 500 Global

Oman

Oman’s Sharakah joins Beehive’s board as new investor

Oman-based SME developer company Sharakah has come on board with UAE-based fintech Beehive as a new investor. The new partnership will...

beehive Sharakah

Oman

Omani cloud kitchen KitchenomiKs raises $1.7 million Seed round

Oman-based cloud kitchen operator KitchenomiKs has raised $1.7 million in its Seed round from angel investors. Founded in March 2022...

KitchenomiKs cloud kitchen foodtech

Oman

Carzaty: The realistic exit

The used car market is worth over $16 billion in the GCC alone, but it is a highly fragmented sector, with mostly small resellers and...

Carzaty Oman marketplace

Oman

Mexico’s Kavak merges with Carzaty to expand to GCC

Mexico-based pre-owned cars platform KAVAK has expanded its operations to the UAE and Oman by merging with regional player...

Kavak Carzaty

Oman

Snoonu acquires Oman’s Akeed

Qatar-based super app Snoonu, has acquired Oman’s food delivery platform Akeed for an undisclosed sum. Founded in 2019 by Hamad...

Snoonu Akeed

Oman

Oman’s Akeed raises $2.5 million Series A round

Oman-based food delivery app Akeed Delivery has raised $2.5 million in a Series A round, backed by Phaze Ventures and IDO (Sovereign...

Akeed IDO Phaze Ventures

Oman

Oman’s Phaze Ventures participates in Voyager Portal’s Series A round

Oman-based VC Phaze Ventures has participated in the $8.4 million Series A round of US-based shipping supply chain software platform...

Voyager Portal Phaze Ventures

Oman

Oman’s Phaze Ventures launches $30 million fund to support early-stage startups

Oman-based VC firm Phaze Ventures has launched its $30 million venture capital fund, targeting early-stage startups in Mena, Europe...

Oman Oman Technology Fund Phaze Ventures

Egypt

eMushrif acquires Tareeqi

eMushrif, an Oman-based startup specialising in digital transport tracking systems, has acquired Egypt-based transport tracking app...

Tareeqi Smart transport tracking app eMushrif

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