A glimpse into the Careem Mafia

When Uber acquired Careem in March 2019 for $3.1 billion, the exit was significant not only for the size of the deal, but for its ripple...

Wamda • 19 November, 2020

Careeem Careem Mafia

Fenix launches in the UAE after $3.8 million seed round

Fenix, the latest UAE-based micro mobility startup has raised $3.8 million in seed funding.  Founded by the former Careem executive...

Wamda • 18 November, 2020

micromobility Fenix e-scooter

Sharjah Entrepreneurship Festival 2020

  The 4th Sharjah Entrepreneaurship Festival will be held on December 6-10 2020. The event will be virtually and...

Annelies Docx • 18 November, 2020

The regional tussle for startups and entrepreneurs [part one]

To many, startups and those operating in the digital space have been the saviours of the Middle East economy during this pandemic. With...

Triska Hamid • 18 November, 2020

Innovation Ecosystem

The future of agritech in Mena

Across the Middle East, agriculture plays a pivotal role in transforming economies, alleviating poverty and fostering economic growth, but...

Dunya Hassanein • 12 November, 2020

agritech Pure Harvest Smart Farms

Mena-based angel investors invest in Pakistan's Conatural

Source: Profit Magazine Pakistan’s natural and organic skin and hair care brand, Conatural, has raised $825,000 in a Pre-Series A...

News • 11 November, 2020

Beauty startups Angel Investment Conatural

Distichain and Markit peer-selected for investment

UAE-based e-commerce and e-procurement platform Distichain and Lebanon-based on-demand grocery delivery service Markit are set to receive...

Wamda • 09 November, 2020

Distichain Markit Finance Forward Mena 2020

Corporates in Mena: From competitors to investors

The rampant digitisation of almost every sector this year has pushed corporates, once slow-moving goliaths comfortable in their traditional...

Triska Hamid • 08 November, 2020

corporates CVC

Cairo Angels launches syndicate fund

Egypt-based angel network Cairo Angels, has launched its first $3 million micro-venture syndicate fund, aiming to back up and support the...

Wamda • 08 November, 2020

cairo angels Early-stage pre-Series A

Mena startups raised $47.6 million in October

Cloud kitchens have pushed up investments in October after Kaykroo launched with a $4 million funding round and Sweetheart Kitchen...

Wamda • 05 November, 2020

investments

Veolia launches accelerator for social startups and SMEs

France-based Veolia has launched an acceleration and mentoring programme, aimed at supporting social startups and SMEs across the Middle...

Wamda • 03 November, 2020

Veolia acceleration smes

The issue of open banking [part two]

In the first part of this feature, we introduced the concept of open banking. Here, we take a closer look at the regulatory...

Shaimaa El Nazer • 02 November, 2020

Fintech Open banking

The issue of open banking [part one]

Following DAPI’s open letter to the UAE Bank Federation Advisory Council penned by co-founder Mohammed Aziz over a month ago, open...

Shaimaa El Nazer • 29 October, 2020

Fintech Open banking DAPI

The unstoppable growth of e-grocery

E-grocery remains the fastest growing segment of e-commerce in the Middle East according to new research from RedSeer Consulting, growing...

Triska Hamid • 28 October, 2020

e-grocery

Techne Summit Alexandria 2020

Techne Summit is coming to you this year on November 7-8-9 as a Hybrid Event! So, if you can't attend in person, you can...

Annelies Docx • 26 October, 2020

#askwamda

#askWamda is our virtual service for startups in need of mentorship or advice from the Wamda team. Please fill in this form, and...

Wamda • 26 October, 2020

The future of Agritech in Mena

Wamda is hosting an online panel discussion on Wednesday, November 4th at 3:00 PM (GMT+4), ''The future of Agritech in...

Annelies Docx • 26 October, 2020

EBRD supports Badia Impact Squared first closing

Source: EBRD New technology companies in the southern and eastern Mediterranean (SEMED) region will benefit from additional sources of...

News • 26 October, 2020

silicon badia EBRD Healthcare

Providing a purpose in remittances

There are about a billion migrant workers around the world who send money to their families in remittances. This source of income is vital...

Triska Hamid • 26 October, 2020

Fintech remittance now money

The slow rise of neobanking in the Middle East

This week’s biggest financial news came from Abu Dhabi after investment firm ADQ, the holding company for some of the biggest assets...

Shaimaa El Nazer • 22 October, 2020

Fintech Open banking neo banking

Yalla Fintech 2020 - Arab Hackathon for Financial Inclusion

Fintech Galaxy and Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH have launched the virtual hackathon for...

Annelies Docx • 19 October, 2020

STEP Saudi 2020

Step Saudi 2020, Saudi's Most Happening Conference, taking place online this November 24-25, 2020.  2,000+ startup...

Annelies Docx • 19 October, 2020

Just #askWamda: Our new online mentorship service

Today we are launching #askWamda our virtual service for startups in need of mentorship or advice from the team. Over the past decade,...

Wamda • 18 October, 2020

#askWamda

How do you seize a market opportunity?

Disaster for many evokes a sense of fear and danger and a desire to seek out safety and stability. But there are those who manage to seek...

Wamda • 18 October, 2020

podcast