Regional How low oil prices are battering MENA [Crosspost] This is an edited crosspost from Knowledge@Wharton. In late 2015, Saudi Arabia announced a record budget deficit of $98 billion, its... Knowledge @Wharton • 22 February, 2016 AstroLabs Dubai oil prices crosspost
U.A.E OfficeRock.com raises $800K from Wamda Capital and Jabbar Office supplies on the move. (Image via OfficeRock) Ecommerce platform for office supplies, OfficeRock.com announced today that it secured... Maya Rahal • 25 February, 2016 OfficeRock Jabbar Internet Group Wamda Capital
Turkey Can this app make real-time carpooling a possibility? Lebanese entrepreneur Ali Halabi wants to make real-time carpooling with traffic navigation a possibility. His app, Volt, which has been... Maysaa Ajjan • 03 February, 2016 volt Wamda Capital carpooling
U.A.E Mumzworld secures multi-million dollar investment round Mona Ataya posing next to some of the products offered on Mumzworld. (Image via Mumzworld) Mumzworld announced yesterday it had closed... Maya Rahal • 02 February, 2016 announcement Wamda Capital series B
Regional Things to keep in mind when prepping for a VC round [Opinion] Investors and industry-leading startups can do great work together. (Image via MetroMBA) Entrepreneurs are a gifted breed of individuals... Walid Faza • 12 November, 2015 Walid Faza Wamda Capital VC investment
Regional Car-hailing app Careem raises $60M Series C [Editor's note: This article has been updated to include details about Careem's peak pricing change.] Middle East-founded... Rachel Williamson • 10 November, 2015 Wamda Capital Lumia Capital Abraaj Group
U.A.E ArabiaWeather closes a round of $5M CEO Mohammad Al-Shaker during one of the weather forecasts. (Image via ArabiaWeather) ArabiaWeather announced yesterday a $5 million... Maya Rahal • 10 November, 2015 Wamda Capital Jabbar Group MEMakers
Lebanon What we learned: Mix N’ Mentor Beirut Even the most amazing of ideas need a little help. (Images via Wamda with Sam Fakhoury) During our Mix N’ Mentor Beirut we gained s... Lucy Knight • 10 September, 2015 Choueiri Group Diwanee Y Venture Partners
Global Littlebits makes big in $44.2M funding round Littlebits, the open source hardware startup from Lebanese founder Ayah Bdeir, has raised over $44 million in what they say is one of the... Lucy Knight • 29 June, 2015 MEMakers littlebits Electronics
Regional Wamda Capital announces the launch of its $75M regional growth stage venture fund Wamda Capital announced today the launch of its regional growth stage $75 million investment fund, Wamda MENA Ventures I. The Fund,... Wamda • 17 June, 2015 Mena Venture Investments Wamda Capital aramex