Wamda

U.A.E

Water sustainability startup Wisewell raises $2 million pre-Seed round

UAE-based water tech startup Wisewell has closed a $2 million pre-Seed funding round, led by BECO Capital, bringing its total funding to...

Wisewell water sustainability BECO Capital

U.A.E

UAE’s foodtech Right Farm raises $2.8 million Seed round

UAE-based B2B e-grocery platform Right Farm has raised $2.8 million in its Seed funding round, led by DisruptAD and Enhance...

Right Farm foodtech DisruptAD

U.A.E

Edtech Qureos raises $3 million pre-Seed round

UAE-based edtech Qureos has raised a $3 million pre-Seed round led by COTU Ventures and Colle Capital with participation from global and...

Qureos COTU Ventures EdTech

U.A.E

DIFC launches venture studio platform to develop fintech in Dubai

Dubai International Financial Centre (DIFC) has announced the launch of a venture studio platform “Studio Launchpad” ...

DIFC Studio Launchpad

U.A.E

What are the implications of the UAE's tax reforms?

Dr Robert Mogielnicki is a senior resident scholar at the Arab Gulf States Institute in Washington The Ministry of Finance in the United...

tax

U.A.E

Digital health platform altibbi raises $44 million in Series B

UAE-based and Jordan-born digital health startup Altibbi, has raised a $44 million Series B funding round, led by Foundation Holdings,...

AlTibbi

U.A.E

Cypher Capital launches $100 million blockchain-focused fund

UAE-based Cypher Capital has launched a $100 million VC fund to invest in startups in blockchain, crypto and other digital assets. The...

U.A.E

Shorooq Partners launches $150 million fund to back early-stage startups

UAE-based venture capital firm Shorooq Partners has launched Bedaya Fund II, a $150 million VC fund aimed at investing in early-stage...

Shorooq Partners

U.A.E

SHUAA Capital launches $250 million venture debt fund

SHUAA Capital has launched SHUAA Venture Partners, a $250 million Shari’ah fund focused on venture debt...

Shuaa Capital SHUAA Venture Partners

U.A.E

Hub71 startups have raised $408 million since 2019

Startups based in Abu Dhabi's tech ecosystem Hub71, have raised Dh1.5 billion ($408 million) in funding since 2019. The aggregate...

uae Hub71 Start-up

Saudi Arabia

Carasti expands to KSA following $2 million bridge round

UAE-based mobility platform Carasti, has announced its expansion to Saudi Arabia following a $2 million bridge round from Net Ventures...

Carasti

U.A.E

FlapKap launches after raising $1.2 million led by A15

Egypt-based SaaS platform FlapKap, has launched after raising $1.2 million in a round led by A15. Co-founded by Ahmad Coucha (CEO),...

FlapKap

U.A.E

SHUAA Capital acquires majority stake in Souqalmal

UAE-based investment firm SHUAA Capital has acquired a majority stake in UAE-based fintech Souqalmal for an undisclosed amount. SHUAA is...

Shuaa Capital

U.A.E

Visual content production Flashy raises $400,000 pre-Seed round

UAE-based SaaS visual content platform Flashy, has raised $400,000 in a pre-Seed round from a group of regional and international...

Flashly

U.A.E

Metaverse startup Eikonikos raises $2 million pre-Seed round

UAE-based metaverse startup Eikonikos has raised a $2 million pre-Seed round led by angel investors. Founded by Mohamed Vasif,...

metaverse

Global

SWVL to invest $15 million to scale its operations in Argentina

Dubai-based mobility startup SWVL announced that it will invest up to $15 million to ramp up its operations in the Argentinian...

Swvl

Saudi Arabia

COFE acquires Saudi Arabia's Kaffeen

UAE-based online coffee marketplace COFE App has acquired Saudi Arabian app Kaffeen, as it looks to fuel its regional...

Kaffeen COFE

U.A.E

Laundry app justclean raises $6 million investment

Kuwait-based cleaning marketplace justclean has raised $6 million in a round led by Gulf Investment Corporation (GIC) with participation...

Justclean Gulf Investment Corporation GIC

U.A.E

UAE fintech Encore Pay raises $1.5 million

UAE-based fintech Encore Pay has raised a $1.5 million Seed round led by GreenHouse Capital (GHC). Founded in 2017 by Imran Saeed,...

Encore Pay

U.A.E

QFIL Solutions raises $1 million in pre-Seed investment

UAE-based fintech QFIL Solutions has raised $1 million in pre-Seed investment, through an unidentified fintech investment...

QFIL Fintech

U.A.E

The Giving Movement raises $15 million to back expansion

The Giving Movement, a UAE-based direct-to-consumer (D2C) sustainable fashion brand, has raised a $15 million Series A round, led by...

The Giving Movement

U.A.E

UAE's Kamel Pay raises $1 million pre-Seed round

UAE-based fintech Kamel Pay, has raised $1 million in a pre-Seed round, led by Hussain Al Qemzi, former group CEO of Noor Bank and...

Kamel Pay

U.A.E

Dubai issues new law to regulate virtual assets

Dubai has adopted a new law to regulate virtual assets, aiming at creating a legal framework to protect investors and provide...

Dubai virtual assets

U.A.E

Wamda participates in Dukkantek's $5.2 million Seed round

UAE-based Dukkantek has raised $5.2 million in a Seed funding round, led by Global Founders Capital, with participation from Colle...

Dukkantek Store Management

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