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... Rana Freifer • 14 November, 2017 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... Staff writer • 13 November, 2017 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... Staff writer • 10 November, 2017 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... Maya Rahal • 08 November, 2017 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... Staff writer • 01 November, 2017 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... Staff writer • 01 November, 2017 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... Maya Rahal • 26 October, 2017 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... Staff writer • 25 October, 2017 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... Maya Rahal • 23 October, 2017 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... Staff writer • 18 October, 2017 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,... Staff writer • 18 October, 2017 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,... Staff writer • 18 October, 2017 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... Staff writer • 18 October, 2017 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... Staff writer • 17 October, 2017 Matic MEVP Cleaning services
U.A.E Precinct Partners launches to provide patient capital to entrepreneurs Precinct Partners Holding Limited (‘Precinct Partners’) has launched at the Dubai International Financial Center (DIFC) to... Staff writer • 16 October, 2017 precinct partners fund patient capital
Jordan Jordanian addressing startup raises $100K from GMS Ventures & Investments NavCode is a Jordanian smart addressing app that contains user information such as name, phone number, building number and others. It... Staff writer • 16 October, 2017 NavCode Addressing VC
Kuwait Fintech startup Ajar Online closes a second round of investment Ajar Online, a Kuwait-based fintech startup that allows tenants to pay their rent online, via SMS and email, has recently closed... Staff writer • 16 October, 2017 Ajar Online Fintech Investment
Global Badir launches new program to attract global startups to KSA Badir Program for Technology Incubators, a Saudi national program under King Abdulaziz City for Science and Technology (KACST), launched a... Staff writer • 10 October, 2017 news watch Badir
Global Six winners, including 2 international startups at MAD Mentorpreneurs Ten startups competed for awards worth four million Emirati Dirhams (US$ 1 million) during MAD Mentorpreneurs pitching competition, which... Staff writer • 02 October, 2017 MAD Talks MAD Mentorpreneurs startups
Regional Altibbi raises $6.5M through MEVP, DASH Ventures, and other investors Altibbi Ltd., one of the Middle East’s largest digital health platforms, announced a new round of funding amounting to $6.5 million.... Staff writer • 02 October, 2017 AlTibbi MEVP DASH Ventures
U.A.E UAE dental app Udenz raised $200,000 in crowdinvesting Udenz, a Dubai-based app that offers dental services for both users and dentists, has raised $203,000 with 33 investors from 10... Staff writer • 29 September, 2017 Udenz eureeca uae
Egypt Egyptian home services platform Filkhedma closed second investment round Filkhedma, an Egyptian home services marketplace, has just closed its second investment round led by Algebra Ventures and Glint... Staff writer • 28 September, 2017 FilKhedma Algebra Ventures Glint
U.A.E First class of Ethereum blockchain developers to graduate from Dubai’s ConsenSys Academy ConsenSys Academy has announced its first developer program class of 150+ blockchain developers, including 25 participants from the United... Staff writer • 28 September, 2017 Smart Dubai ethereum Blockchain
Regional Alabbar and MEVP launch $250M MENA tech-focused VC fund Middle East Venture Partners (MEVP) announced today the launch of its third MENA venture capital fund – the Middle East Venture Fund... Staff writer • 27 September, 2017 Alabbar MEVP Walid Hanna