Wamda

Saudi Arabia

Saudi on-demand delivery startup Mrsool raises multi-million Series A

Source: Menabytes Riyadh-based on-demand delivery startup Mrsool has raised a multi-mullion (US Dollar) Series A round led by...

VC Investment Delivery

Egypt

Algebra Ventures partners with Ezdehar to invest in Dsquares

Egypt’s Algebra Ventures has partnered with Ezdehar Management firm to invest in Dsquares, a loyalty solutions provider. The...

b2c Investment management

U.A.E

DIFC launches $10 million fintech fund

Dubai International Financial Centre (DIFC) has launched a $10 million Fintech Fund and has appointed both Wamda Capital and Middle East...

Fintech DIFC Wamda Capital

Saudi Arabia

Saudi’s Elm announces investment in Syarah

Source: Menabytes Elm, a leading Saudi information technology company that is owned by country’s sovereign wealth fund, PIF, has...

Investment E-commerce

U.A.E

Namshi’s CEO Hosam Arab steps down after company’s full acquisition

Source: Menabytes Hosam Arab, the co-founder and CEO of Dubai-based fashion ecommerce platform Namshi has stepped down from his role...

E-commerce acquisition ceo

Global

Jabbar Internet Group invests in US-based Blueground

Dubai-based Jabbar Internet Group participated in a $20 million investment round for Blueground, a New York-based online apartment rental...

Rental Jabbar Internet Group

U.A.E

Zomato sells UAE business to Delivery Hero

Source: Economic Times Zomato Media, which owns and operates the eponymous online food delivery and restaurant discovery...

India zomato Delivery Hero

Saudi Arabia

Saudi-based biotech startups raise $10 million

Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million...

biotech Investment Funding

U.A.E

Dubai-based Beehive raises $4 million

Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad...

Fintech Funding Investment

Saudi Arabia

Nana raises $6 million in Series A round

Saudi Arabia-based e-grocery platform Nana has closed a $6 million Series A round of investment, led by Middle East Venture Partners (MEVP)...

Series A e-grocery

Lebanon

Speed raises new funding to improve future acceleration for startups

Source: Arabnet Speed, the Lebanese tech accelerator based out of the Beirut Digital District (BDD), has announced that it has raised...

accelerator Funding tech

Regional

Emaar fully acquires Namshi

Dubai’s Emaar Malls has fully acquired e-commerce retailer Namshi. This follows acquiring the remaining stake of Global...

ecommerce Retail Fashion

Kuwait

Kuwait-based Faith Capital announces $8 million investment in JustClean

Source: Menabytes Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had...

on-demand laundry Investment

Kuwait

Kuwait-based Jumla Club raises pre-Series A

Source: Menabytes Kuwait-based B2B food and beverage platform Jumla Club has raised seven-figure pre-Series A, the startup...

f&b pre-Series A

Egypt

Trella raises more than $600,000 in pre-seed investment

Source: Menabytes Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures...

pre-Seed trucking Shipping

Kuwait

Nalbes raises $2 million

Kuwait-based e-commerce platform Nalbes has secured $2 million in its Series B round of funding, led by a group of existing and new...

E-commerce Fashion

Saudi Arabia

Golden Scent closes new round of investment

Saudi Arabia-based e-commerce platform Golden Scent has closed a new round of investment, the company announced, without disclosing the...

news E-commerce Golden Scent

Kuwait

Deliveroo launches in Kuwait with 900 restaurants

Source: Arabian Business Deliveroo, the delivery service founded in 2013 by William Shu and Greg Orlowski, has announced its launch in...

food Delivery Expansion

Egypt

E-commerce venture Noon expands operations to Egypt

Source: Arabian Business Noon, the e-commerce venture operating in the UAE and Saudi Arabia, on Tuesday announced its expansion into...

E-commerce Expansion

Egypt

Uber agrees to pay VAT in Egypt

Source: Reuters Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help...

Uber Egypt VAT

Saudi Arabia

Mad'a invests in Family Souk Ventures

Source: Saudi Gazette Mad’a Investment Company, a private equity & venture capital firm headquartered in Riyadh, Saudi Arabia,...

Investment E-commerce

U.A.E

Dubai-based Mile raises seed funding

Source: Menabytes Dubai-based delivery and logistics management platform Mile has raised seed funding in a round led by Saudi VC Riyad...

Seed funding Delivery Logistics

Egypt

GoodsMart secures funding from Algebra Ventures in pre-Series B

Egypt-based e-grocery company GoodsMart announced that it has secured funding in a pre-Series B round from Algebra Ventures. This...

Funding Pre-Series B E-commerce

Lebanon

Feel22 raises Series A

Source: MENAbytes Lebanese beauty ecommerce startup has raised a Series A funding round, the startup announced in a statement...

ecommerce ecommerce middle east beauty products

Thought Leadership

All the information you need to navigate Mena's startup ecosystem

Thank you