Wamda

Egypt

Egypt payments startup Paymob signs deal with A15

Egypt payments startup Paymob has signed an undisclosed deal with local financier A15. The companies did not say how much the deal...

A15 Paymob Investment

Lebanon

Quanergy raises $90M in Series B funding

Equiped with Lidar technology. (Image via Quanergy). Quanergy Systems has raised $90 million in a series B round, led by Sensata...

MEMakersGE quanergy systems 3d printing

Regional

What I know about investing in content: Turi Munthe

A little over two years ago, the MENA region witnessed the first big acquisition of a media company. Diwanee, a Dubai-based digital...

digital content demotix WIK

U.A.E

Wamda Capital leads a $5M investment round in Kharabeesh

Wamda Capital announced leading a $5 million investment round in Kharabeesh, alongside Endeavor Catalyst Fund and Dash...

Kharabeesh Wamda Capital Investment

Regional

Startup Battle 2016

Startup Battle, in association with The Rockstar Hubs International is an exciting pitch-fest, featuring a panel of entrepreneur investors....

entrepreneurship Pitch Competition Investment

Turkey

Turkish logistics startup raises $1M

Kapgel, a Turkish on-demand logistics platform, has announced it's closed a $1 million round from Wamda Capital, Addventure,...

KapGel Wamda Capital turkey

U.A.E

Careem to invest $100M in R&D

Careem has announced a new strategy, plus their plans for global expansion. According to a statement released today they plan, over...

careem ride hailing Investment

U.A.E

500 Startups invests in UAE gifting marketplace

UAE-based gift-giving platform Joi has recieved investment from 500 Startups. With this first round founders Ritesh Tilani and...

500 startups joi gifts Investment

U.A.E

Startups, compete at your own risk

Be it money, equity, consultation, incubation or simply a platform to fine-tune the elevator pitch, startup competitions have manufactured...

Arab Start Up competition Startup MENA GCC Pitch Challenge Dubai+Acumen Business Plan Competition

Egypt

Is Ousta Egypt's fastest growing startup ever? [Q&A]

[Update July 27: five months after launching Ousta is negotiating a $5.6 million investment round.] Ride hailing app...

ride hailing Ousta careem

U.A.E

Family offices a new addition to investment landscape

Family offices are the new breed of investor in the MENA tech sector, according to Beco Capital. The UAE-based investment firm, has...

Periodic table investors BECO Capital

Kuwait

Kuwait’s Boxit gets seed funding, looks to tackle UAE and KSA

This article is a crosspost with Nuwait. The core team. From left to right: Lijo Antony, head of product development,...

Boxit Wamda Capital Arzan VC

U.A.E

Bitoasis secures seed funding led by Wamda Capital

Fintech startup Bitoasis has announced its first round of funding, an undisclosed sum led by Wamda Capital. The round included Barry...

Coindesk Wamda Capital Bitcoin

Egypt

Trendak monitors social media analytics in Arabic

Trendak analyses data on social media in three languages including Arabic. (Images via Trendak) Knowing how to ‘read’ social media has alr...

social media monitoring Trendak foreign investment

Egypt

Startups want to tackle Egyptian health, but lack money

Ahmed Abu ElHaz CEO of Shezlong pitching at BDL2015 accelerate in Beirut. (Image via Shezlong) Egypt is fertile ground for...

Otlob Doctor MEMakersGE shezlong

Jordan

Mixed Dimensions raises $4M in Silicon Valley

Gameprint.io in action. (Image via Mixed Dimensions) Jordanian 3D printing solutions company Mixed Dimensions, also known as MXD3D, has...

Draper Athena Alsop Louie Ventures Dolby Family Ventures

U.A.E

Term sheets at dawn, Step Conference 2016

Joy Ajlouny and fellow startup cofounders Loulou Khazen Baz and Mudassir Sheikha get stuck into the debate. (Image via...

AnchorFree Frontier Partners Eventbox

Jordan

Has foreign investment helped Jordanian SMEs and entrepreneurs?

Jordanian NGO Leaders of Tomorrow (LoT) was recently doing some research on the history of local economic reform. It brought them to the...

Diwanieh Foreign Direct Investment Leaders of Tomorrow

U.A.E

Twofour54 and Ycombinator invest in gaming developer Unnyhog

Four years after investing in social gaming sites Jawaker and Tahadi, and almost two years after investing in Arabic online game...

Unnyhog YCombinator TwoFour54

Saudi Arabia

Building a real estate startup in Saudi's stagnant market

The decrease in oil prices also affected the real estate market. (Image via news.weetas.com) Online real estate platform Lamudi,...

lamudi hellofood Carmudi

Lebanon

Content was king at ArabNet Beirut

Full house. (Image via Hasna Frangieh) Content was king at ArabNet Beirut this year and it didn’t take Quantum...

Arabnet Beirut 2016 content Online video

Regional

Network International to acquire Emerging Markets Payments for $340M

Private equity firm Actis confirmed today its agreement to sell EMP (Emerging Markets Payments), a payments business in Africa and the...

Emerging Markets Payments Network International acquisition

Lebanon

Beco invests in cyber security with Myki seed round

Beco Capital has led a seed investment in Lebanese cyber security startup MYKI, but has not disclosed the total sum. Myki works with...

MyKi cybersecurity lebanon

Regional

Zain Group acquires strategic stake in Lebanese company FOO

In the picture from left to right: Emre Gurkan (Zain Group Chief Strategy and Business Development Officer), Scott Gegenheimer,...

neXgen Zain Group Foo

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