Wamda

Egypt

UAE-based X-ERA acquires Egypt’s B2B marketplace SPEED

UAE-based logistics services provider X-ERA, has acquired Egypt’s B2B marketplace SPEED, as part of its international expansion...

SPEED

U.A.E

Hub71, Modus extend Ventures Lab Programme

Hub71 and Modus will expand their venture programme “Ventures Lab” to include 28 founding teams, which is almost a 65...

Hub71 Modus Ventures Lab

U.A.E

invygo raises $10 million Series A round

UAE-based car subscription platform invygo, has raised a $10 million Series A round led by MEVP, with participation from Al Rajhi...

Invygo

U.A.E

Hub71 launches platform to expand capital access to startups from regional family offices

Abu Dhabi-based global tech ecosystem Hub71, has launched a new platform that seeks to facilitate access to capital for startups and...

Hub71

U.A.E

Innovative Palestine in the UAE: People and Potential

The International Conference on Entrepreneurship in Palestine (ICEP) 4.0 showcasing the Palestinian startup community in a pitch event and...

U.A.E

Data startup Lune raises $850,000 pre-Seed round

UAE-based data startup Lune, has raised $850,000 in a pre-Seed round led by Dubai Future District Fund (DFDF), Flat6Labs, and an...

Lune

U.A.E

EMPG raises $200 million funding, eyeing IPO listing

UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round led by US-based Affinity Partners, with new funding...

EMPG Dubizzle Bayut

U.A.E

BitOasis partners with Mastercard to launch crypto-linked cards

UAE-based cryptocurrency trading platform BitOasis, has partnered with Mastercard to launch crypto card programmes. The new...

BitOasis MasterCard crypto

U.A.E

Aliph Capital secures $125 million investment from ADQ

UAE-based private equity firm Aliph Capital has secured a $125 million investment for its maiden fund, Aliph Fund I (LP), from Abu...

Aliph Capital ADQ

U.A.E

MBRIF provides $680,000 guarantee to Avani Eco

UAE-based cleantech Avani Eco Middle East has been granted a guarantee of $680,000 in funding support from the Mohammed Bin Rashid...

MBRIF Avani Eco

Saudi Arabia

UAE's Seafood Souq secures $500,000 from FII

UAE-based Seafood Souq, has raised $500,000 from The Future Investment Initiative (FII) Institute. The announcement was made at the...

Seafood Souq

U.A.E

VUZ raises $20 million Series B investment

UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai...

VUZ Social App XR

U.A.E

Saudi Arabia’s Unifonic acquires Turkish Sestek

Saudi Arabia-based communication platform as a service (CPaaS) provider Unifonic, has acquired the Turkish conversational automation...

Unifonic Sestek CPaaS

U.A.E

Yellow Door Energy raises $400 million in equity investment

UAE-based cleantech Yellow Door Energy has raised $400 million in an equity raise provided by Actis, with participation from existing...

Yellow Door Energy solar energy Sustainability

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

U.A.E

Five FS closes $3.5 million Seed round

UAE-based fintech Five FS has raised $3.5 million in Seed funding led by Romanian VC firm Zeyshare Ventures at a $30 million...

Five FS Zeyshare Ventures Fintech

U.A.E

Mindshift Capital participates in Wellbees’ $2.2 million Seed round

UAE-based VC firm Mindshift Capital has taken part in US employee wellness platform Wellbees’ latest $2.2 million Seed funding...

Mindshift Capital Wellbees HR solutions

Saudi Arabia

Saudi Arabia’s anb invests in Cashee’s Series A round

Saudi Arabia-based bank anb has participated in UAE-based fintech Cashee’s Series A round. The amount invested was not...

Cashee ANB financial inclusion

U.A.E

Nadeera wins $100,000 grant from PepsiCo

UAE-based cleantech Nadeera has won a $100,000 grant as part of PepsiCo’s Greenhouse Accelerator Programme. Founded in...

Nadeera Pepsico Cleantech

Egypt

SWVL launches clean mobility solutions in Switzerland

Egypt-founded and UAE-based mobility startup Swvl, has expanded its services to Switzerland under the brand name, my Bux, where it...

Swvl Switzerland mobility

U.A.E

MoneyGram acquires minority stake in UAE’s Jingle Pay

UAE-based fintech Jingle Pay has raised an unknown amount of investment from US firm MoneyGram International, Inc., for a 12 per cent...

MoneyGram Jingle Pay

U.A.E

Twofour54 launches The Community Hub co-creating space in Abu Dhabi

UAE-based media, entertainment, and gaming zone twofour54, has launched ‘The Community Hub’ located at Yas Creative Hub, a...

uae startup Community Hub

U.A.E

UAE’s Eat App raises $11 million Series B round

UAE-based restaurant reservations platform Eat App has closed an $11 million Series B round from MEVP, 500 Startups, Derayah VC, Dallah...

Eat App foodtech

U.A.E

LinkedIn reveals top UAE startups for 2022

LinkedIn has announced its annual ranking of the top 10 UAE-based startups that have demonstrated exceptional growth in the past year...

LinkedIn startups

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