Wamda

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...

OfficeRock Jabbar Internet Group Wamda Capital

U.A.E

UAE cleaning platform gets investment from Yemeksepeti founder

Outsourcing your housework can be a chore, pun intended. (Image via Stephen Swintek/Getty Images) JustMop, the latest addition to a...

Just Mop cleaning yemeksepeti

Regional

Wadi.com raises $67M Series A

Ecommerce platform Wadi.com announced yesterday the closing of a $67 million Series A funding round led by Al Tayyar Group. The...

Wadi.com Al Tayyar Group Series A

Maghreb

Tech investor AIG to become first African unicorn

Africa Internet Group (AIG) is set to become Africa’s first unicorn, after international insurer AXA bought an 8 percent stake in the...

AXA AIG Africa Internet Group

Regional

Silkroad Images raises seed round

Silkroad Images, a stock photography and audio-video content library from Jordan, has secured a seed round of investment from Abu...

silk road images TwoFour54 techwadi

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...

announcement Wamda Capital series B

U.A.E

Bahrain’s Eat app on fast thinking and changing course

The team behind Bahraini startup Eat had a solid plan when they launched in 2014, but when they heard a global player was about to enter...

Eatapp zomato reservations

U.A.E

$20M series C round for Bayut.com’s owners

UAE's quickly growing real estate landscape The landscape of UAE's real estate. (Image via Spacing.ca) The owners of...

Bayut.com Zameen Series C

Saudi Arabia

Saudi launches $133M fund for ICT startups

Saudi Arabia has seen the launch of a new ICT venture worth 500 million riyals (US$133 million). Saudi riyals are plenty for...

Riyadh Taqnia Capital Riyad Capital Taqnia

Regional

MENA's year in investing [Infographic]

The money pool for startups in MENA is growing, but slowly. (Image via Near Shore Americas) Funding is the entrepreneur's...

VC investment Womena MENA

U.A.E

Propertyfinder.ae raises $20M from Swedish investors

Dubai-based Propertyfinder Group has raised $20 million in capital from Sweden-based Vostok New Ventures, a transaction that Propertyfinder...

Propertyfinder.ae vostok new ventures Investment

Maghreb

How the Tunisian government revived its economy [Opinion]

Tunisia in 2025 is quite different from the Tunisia of the Arab spring (Image via Hongkiat) * This is a hypothetical look-back from the...

revival startups economy

U.A.E

Laundrybox expands its services

At the end of 2015 Laundrybox’s business model, and solid teamwork, secured them the third place at Forbes Middle East’s 15 Most Promising ...

Forbes Laundry Box Funding

U.A.E

UK’s Deliveroo makes its UAE debut

Deliveroo's app now available in Dubai. (Images via Deliveroo) The UK-based food delivery site Deliveroo is launching in the UAE. With a...

Index Ventures Accel Hummingbird Ventures

Jordan

Tamatem signs a partnership with global player Tapinator

The only way is up for gamers in Jordan. (Image via Tamatem) Jordanian game publishing platform Tamatem signed a partnership with US...

Tapinator MVI gaming industry

Egypt

Fawry sells major stake for $100M

A consortium of international investors has taken an 85 percent stake in Egyptian electronic bill presentment and payment platform Fawry...

fawry Egypt Investment

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...

Wamda Capital Jabbar Group MEMakers

Regional

Private equity investors in MENA seek a place in the sun

This is a crosspost with Knowledge@Wharton. The backbone of future economic development in Middle East and North Africa (MENA) could hinge...

IMF Abraaj Group private equity

U.A.E

Taskspotting app raises $1.2M Series A round

Market research app Taskspotting has announced the closing of their Series A round, to the tune of $1.2 million, led by Mena Venture...

Mena Venture Investments Series A Investment

Egypt

What Egypt's local investors want

Egypt has made headlines lately for attracting a series of high-level venture investments from foreign players, but local investors are...

KI angels Tennra ideavelopers

U.A.E

Compareit4me closes Series A round of $3M

Compareit4me, the Dubai-based price comparison site for financial products has closed a Series A round of $3 million, lead by STC...

uae Investment Financial price comparison

U.A.E

UAE-based online property sites get Series A from iMENA

Apartment hunting online - a growing sector for the Middle East. (Image via JustProperty.com) JRD Group, parent company to UAE-based sites...

online classifieds iMENA Group JustRentals.com

Jordan

Oasis500 teaches Jordan's entrepreneurs to hustle for cash

Launching a successful tech startup takes more than just a good idea and dedication. This is what Nidal Qanadilo, a coaching...

tech startup Pitch Hardware

Regional

Abraaj closes $375m North Africa fund

The Abraaj Group has closed its second north Africa-focused fund, but the financial gap between early-stage investments and the $10...

series B Leap Ventures Sawari Ventures

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