Wamda

Egypt

MAGNiTT research reveals that the top 200 funded startups across MENA together raised over $2.1BN

During RiseUp Summit, the region’s leading event bringing MENA region entrepreneurs together at the heart of downtown Cairo,...

RiseUp 2017 MAGNiTT

Lebanon

Lebanon’s UK Tech Hub receives more funding and support

Following the strong performance of the UK Lebanon Tech Hub (UKLTH) - a joint initiative by Lebanon’s Central Bank, Banque du Liban,...

UKLTH UK Lebanon Tech Hub British Embassy

Regional

UAE’s maid-booking startup Justmop secures Series A funding

Maid-booking startup Justmop in the UAE has recently raised a Series A of funding, led by venture capital firm VentureFriends, along with...

Justmop fundraising Series A

U.A.E

Finalists announced for Marriott Hotels’ TestBED programme in Middle East & Africa

Marriott Hotels announced yesterday the three finalists for its TestBED programme, which launched in the Middle East and Africa region for...

Marriott Marriott TestBED MEA finalists

Regional

Eventtus raises $2 million, looks to adopt AI recognition at events

Event management startup Eventtus received US$ 2 million of investment from Egyptian VC Algebra Ventures and 500 Startups. It previously...

eventtus fundraising Scaling

Saudi Arabia

Beauty ecommerce GlamBox gets acquired by a Saudi consortium of investors

Dubai-based GlamBox, a beauty online subscription platform, has recently been acquired by a Saudi consortium of investors. Neither the...

GlamBox acquisition Success Stories

Lebanon

Lebanese private tutoring app Synkers raises seed funding from Phoenician Funds

Synkers, a peer-to-peer private tutoring app, announced that it has recently closed its first seed funding with Phoenician Funds, following...

Synkers seed fund lebanon

Bahrain

Bahrain’s FinTech Bay, a new accelerator for startups

In February 2018, a new accelerator is set to officially kick off in Bahrain. The new facility will be focused on fintech startups in the...

Fintech accelerator Bahrain

Regional

Endeavor Jordan, Silicon Badia and the USAID launch a joint fund

A joint initiative between support organization Endeavor Jordan, venture firm Silicon Badia and the USAID, launched BeyondCapital, a new...

Endeavor USAID silicon badia

Egypt

First edtech CVC launched in Egypt

Nahdet Misr Publishing Group launched EdVentures, Egypt’s first Corporate Venture Capital specializing in edtech. EdVentures...

Egypt EdVentures Nahdet Misr Publishing House

U.A.E

DIFC launches $100M fund to boost fintech

HE Essa Kazim, governor of The Dubai International Financial Centre (DIFC) announced today during the inaugural of the Global Financial...

uae Fintech fund

Regional

TreasuryXpress closes a $5M funding round to boost its services

TreasuryXpress, a global provider for frictionless and on-demand treasury management solutions (TMS), announced that it has recently closed...

Treasuryxpress MEVP Funding

Regional

Last chance to apply for the startAD Hardware Venture Launchpad

Finalists will be awarded a prototyping grant and be considered for investment by startAD startAD has issued a final call out for...

startAD

U.A.E

Team of payments veterans launch a cryptocurrency startup based on Ethereum

A team of payments veterans announced today the launch of a new cryptocurrency startup based on Ethereum: Verify, planning and ICO in...

Payfort Verify Bitcoin

U.A.E

DAFZA launches first regional ecommerce free zone Dubai CommerCity

H.H. Sheikh Ahmed Bin Saeed Al Maktoum, chairman of the Dubai Airport Freezone Authority (DAFZA), launched 'Dubai CommerCity,' an...

DAFZA Dubai CommerCity uae

U.A.E

Marriott Hotels announces shortlist for TestBED programme in Middle East and Africa

After launching its TestBED programme in partnership with Wamda in the Middle East and Africa region for the first time in September this...

Marriott TestBED MEA Travel sector

Tunisia

A new incubation space settles in Sousse, Tunisia

Faten Aissi, business developer, Khaireddine Fredj, an entrepreneur, and Daniel Doppler, a French startup mentor, created 777, an incubator...

Incubator régions hub

U.A.E

Abu Dhabi Global Market announces fintech innovation center and partnership with Plug and Play

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced two initiatives at the FinTech Abu Dhabi...

ADGM Fintech Plug and Play

U.A.E

Your iPhone 7 can feed 200 refugees

Melltoo, a no-meetup classifieds startup based in the UAE, launched this month “Impacter by Melltoo", an initiative to...

classified social enterprise melltoo

U.A.E

UAE digital health startup raises $4M in seed funding

Health at Hand, the newly launched Dubai-based patient to doctor video consultation platform, has now raised more than $4 million...

uae health at hand seed fund

Bahrain

Bahrain’s football app Malaeb closes a seed round investment

Bahraini app Malaeb, which helps users match players and book a football field, has recently closed a seed round for an undisclosed amount,...

Malaeb Inspire Ventures Vision ventures

Saudi Arabia

SRMG acquires 51 percent stake in Saudi financial news service Argaam for $10M

The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake (51 percent) in the Argaam Investment and Trading Company,...

Saudi Arabia Argam acquisition

U.A.E

Mastercard and Abu Dhabi Global Market collaborate to accelerate fintech ecosystem development

Abu Dhabi Global Market (ADGM), an international financial center, and Mastercard Asia/Pacific Pte Ltd, a leading technology company in the...

uae ADGM MasterCard

Saudi Arabia

Home cleaning marketplace Matic raises $3 million

Matic, an online marketplace for cleaning services in the GCC, incubated by Badir Program for Technology Incubators and Accelerators, has...

Matic MEVP Cleaning services

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