Wamda

U.A.E

Mubadala invests in Embark

Source: Forbes Embark Trucks, a self-driving tech firm created by two twenty-something Canadian computer scientists, just landed $70...

news trucks Investment

Egypt

MaxAB closes $6.2 million seed round

MaxAB, an Egypt-based business to business (B2B) e-commerce marketplace has secured seed funding of $6.2 million, in one of the largest...

Egypt FMCG Investment

Saudi Arabia

Saudi-based Daal invests in PromoRepublic

Source: MenaBytes Daal, a Khobar-based VC firm has invested an undisclosed amount of money in $2.2 million seed round of social media...

Social Media management

Algeria

TemTem raises $4 million in series A

Source: MenaBytes Algiers-based ride-hailing startup TemTem has raised $4 million in a Series A round, the startup announced in a...

largest Series A ride-hailing

Tunisia

Dabchy raises $300,000 in seed fund

Source: MenaBytes Dabchy, a Tunis-based peer-to-peer (P2P) fashion marketplace has raised $300,000 in a seed round led by 500 Startups...

Fashion seed fund

Egypt

Career 180 raises $100,000 in seed funding

Egypt-based Career 180, a career advising platform, has raised $100,000 in a seed funding round from EdVentures. The startup will...

EdTech seed Egypt

Egypt

Egypt approves regulations of ride-hailing applications

Source: Enterprise The Madbouly Cabinet approved in its weekly meeting yesterday the executive regulations of the Ride-Hailing...

ride hailing Egypt

Egypt

Halan to expand to Ethiopia

Source: Reuters Halan, an Egyptian technology start-up that uses two- and three-wheeled vehicles to transport passengers and goods, will...

Expansion ride-hailing

U.A.E

Pure Harvest raises $1.75 million

Source: The National Pure Harvest Smart Farms, a tech-enabled agribusiness that is growing fruits and vegetables in the desert outside...

agritech Investment AbuDhabi

Kuwait

UPayments raises seed funding

Kuwait based online payment solutions provider UPayments announced that it has raised seed funding for an undisclosed sum from...

seed Funding e-payment

Regional

Mobile drives online travel bookings

Mobile is becoming one of the main ways that users in the Middle East are searching and booking their travel options according to a report...

Travel sector Travel travel tech

Global

Saudi Arabia and UAE reconsider Softbank investment

Source: Business Insider SoftBank CEO Masayoshi Son may have trouble raising a second Vision Fund after all. With Japanese...

Softbank Softbank Vision Fund PIF

U.A.E

Shorooq Partners invests in Teacherly

Shorooq Partners has invested in UK-based, education technology (edtech) platform Teacherly in seed funding for an undisclosed...

EdTech seed fund

Pakistan

Swvl expands further into Pakistan

Source: MENAbytes Swvl, the app-based bus hailing startup that is now headquartered in Dubai, is expanding further into...

Swvl Egypt ride hailing

U.A.E

UAE's Masdar, UK government invest $86 million in green technology fund

Source: Zawya Abu Dhabi Future Energy Company (Masdar) together with the UK government have invested £70 million ($86.48 million)...

Technology fund uae

Regional

Careem moves further into fintech

Careem now allows its users to recharge their mobile phone credit on its platform. The service is already available in Egypt, Pakistan...

Fintech wallet pay

Regional

Localized closes $1.2 million funding round

US-based Localized, a talent technology platform that connects university students and alumni with employers and industry experts in...

Investment talent tech

Regional

Google's YouTube launches music streaming service in Mena region

Source: The National Google-owned YouTube launched its music streaming services in the Middle East and North Africa market on...

YouTube Music streaming

Egypt

Egypt to establish 7 technological parks with EGP 1 billion investments: ICT Minister

Source: Daily News Egypt Minister of Communications and Information Technology, Amr Talaat, told Daily News Egypt that seven...

Egypt Technology parks

Qatar

Qatar blocks Uber’s acquisition of Careem in the country

Source: MenaBytes Qatar’s competition authority has blocked Uber’s proposed $3.1 billion acquisition of Careem in...

ride-hailing careem Uber

U.A.E

Foloosi raises $500,000 in seed round

UAE-based financial technology (fintech) startup Foloosi has raised $500,000 in seed funding from existing investor Rasheed Alfalasi along...

seed fund Fintech

Egypt

Doctoorum raises seed funding

Source: Trade Arabia Numu Capital, a Dubai-based venture capital firm, has announced its investment in Doctoorum - a curated...

seed fund Medical Tourism

U.A.E

Dubai halts Uber X and Careem's Go ride options

Source: The National Ride-hailing giant Uber and its UAE-based partner Careem have halted their cheapest ride options in Dubai,...

uae RTA careem

Jordan

Jordan introduces e-commerce fees

Source: MenaBytes Jordan Customs Authority last week has introduced new rules and custom service fee for personal online cross-border...

fees laws online

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