Wamda

U.A.E

e& enterprise acquires majority stake in Beehive

UAE-based “e& enterprise” has acquired a majority stake in the UAE’s crowdfunding platform Beehive, for a...

U.A.E

SQUATWOLF raises $30 million from ASCA Capital

UAE-based direct-to-consumer e-commerce brand SQUATWOLF, has raised $30 million in investment from ASCA Capital Limited with a...

gymwear D2C SQUATWOLF

Bahrain

Tarabut Gateway closes $32 million Series A round

Bahrain-founded and UAE-based fintech Tarabut Gateway has closed a $32 million Series A round, led by Pinnacle Capital, with...

U.A.E

B2B e-commerce Eighty6 raises $3.7 million Seed round

UAE-based e-commerce platform Eighty6, has raised $3.7 million in a Seed round, from Sanabil 500 MENA Seed Accelerator Fund, a few GCC...

Eighty6 f&b E-commerce

U.A.E

How two founders turned their frustrations into a startup

For Ibrahim Abudyak and Hiba Balfaqih, it was utter frustration with the state of their lives and mental health that led to the...

Smash Room Failure

U.A.E

GEM raises investment commitment in Everdome metaverse to $60 million

GEM Digital Limited (GEM), a Bahama-based digital assets investment firm, has increased its investment commitment in UAE-based metaverse...

Everdome

U.A.E

Flyksoft raises $55,000 Seed round

UAE-based booking software provider Flyksoft has raised $55,000 in Seed funding from angel investors. Founded in 2023 by Mohammad...

Flyksoft SAAS

U.A.E

Intellia launches AI-driven vetting and project delivery platform

Intelllia, a provider of analytical and strategic support for investment and finance institutions, and corporate business development...

Intellia

U.A.E

e& acquires majority stake in Careem’s Super App for $400 million

UAE-headquartered communication firm e& (formerly Etisalat) has acquired a 50.03 per cent stake in Careem’s Super App spinout...

e& Careeem super app

U.A.E

The UAE raises tax threshold for startups

The UAE’s Ministry of Finance has raised the minimum threshold for corporate tax from $100,000 (AED375,000) to $816,000 (AED3...

uae Tax law entreprenership

U.A.E

Scalo Technologies moves HQ to UAE, plans to invest $100 million in Mena startups

Singapore-based VC firm Scalo Technologies has moved its headquarters to Dubai, with the intention to invest $100 million in promising...

Scalo Technologies Venture Capital

U.A.E

Secondaries and liquidity: The investor’s access and the founder’s dream

Zuhair Shamma is the co-founder of UAE-based Zest, an equity management platform Have you ever wondered why we were able to...

Zest secondary market

U.A.E

Making a case for Abu Dhabi

Ryaan Sharif is the general manager at Flat6Labs UAE “The backbone of the world economy.” Read any article about startups...

Flat6Labs abu dhabi

U.A.E

Abu Dhabi’s G42 acquires stake in TikTok owner ByteDance

Abu Dhabi investment firm Group 42 (G42) has acquired a $100 million stake in Chinese internet company ByteDance, owner of the social...

G42 TikTok ByteDance

U.A.E

Credable closes $2.5 million Seed round led by Acasia Ventures

UAE-based fintech Credable has closed a $2.5 million Seed round led by Ventures Platform and Egypt-based VC firm Acasia Ventures...

Credable Acasia Ventures Fintech

U.A.E

UAE’s fintech Qlub raises $25 million

UAE-based fintech Qlub has raised $25 million in a fresh round of funding, bringing the company's total Seed capital to $42...

Qlub

U.A.E

almentor raises $10 million pre-series C round led by e& capital

UAE-based edtech almentor, has raised $10 million in a pre-Series C round led by e& capital, alongside existing investors Partech,...

almentor EdTech e& capital

U.A.E

COFE raises $15 million Series B round led by Wa'ed Ventures

UAE-based online coffee marketplace Cofe has raised $15 million in a Series B funding round led by Wa'ed Ventures, with...

COFE Wa'ed Vnetures Coffee

U.A.E

Fashion app Bazaara raises $230,000, eying expansion in KSA

UAE-based fashion e-commerce startup Bazaara, has raised $230,000 in a pre-Seed round, led by Flat6Labs UAE, with participation from...

Bazaara Fashion E-commerce

U.A.E

UAE’s Sav raises $750,000 pre-Seed round

UAE-based fintech startup Sav has raised a $750,000 pre-Seed round led by angel investors. Founded in late 2021, Sav is designed to...

Sav

Saudi Arabia

Saudi healthtech Labayh acquires Nafs app

Saudi Arabia-based mental health app Labayh has acquired UAE’s counterpart, Nafas. Founded in 2018 by Basim Albeladi,...

Labayh Nafs healthtech

U.A.E

nealthy raises $1.3 million pre-Seed round

UAE-based virtual asset management platform nealthy, has raised $1.3 million in pre-Seed funding from undisclosed investors. Founded...

nealthy NFT Cryptocurrencies

Jordan

ISSF invests $5 million in Middle East Venture Fund IV

Innovative Startups and SMEs Fund (ISSF) has invested $5 million in Middle East Venture Fund IV (MEVF IV), a $150 million fund recently...

ISSF MEVP

U.A.E

Kitopi acquires AWJ Investments

UAE-based cloud kitchen operator Kitopi has acquired Dubai-founded food and beverage (F&B) group AWJ. The financial details of the...

Kitopi

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