Wamda

U.A.E

Digital grocery coupon platform raises $500K in second round of funding

Clip the Deal, a Dubai-based digital grocery coupon platform, raised $500,000 in their second round of funding, led by Dubai-based investor...

Clip the Deal Neelesh Bhatnagar NB Ventures

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

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

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...

NavCode Addressing VC

Jordan

Geeks focuses on automation to scale business operations

Time flies when you're having fun! Dubai-based startup Geeks, launched in December 2014 by the Jordanian partners Mousa Yassin and...

Geeks it b2b

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....

AlTibbi MEVP DASH Ventures

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...

FilKhedma Algebra Ventures Glint

U.A.E

This after school activities marketplace is using bitcoins to go global

Unlike loaded school days, which fall heavy and stressful on little ones’ shoulders, extracurricular activities, will help them...

Afterschool.ae Kids activities Bitcoin

Jordan

Jordan’s POSRocket raises $650K from Jabbar Internet Group, Arzan VC, and Propeller Inc.

POSRocket, the Amman-based startup that sells cloud-based point-of-sale solutions to SMEs raised $650,000 as seed investment from Jabbar...

posrocket Point of sale Cloud Computing

Regional

Corporate VCs and VCs: Who wins the battle?

In 2016, Intel Capital and Google Ventures were the most active corporate venture capital (CVC), according to a CB Insights report,...

corporate venture capital Venture Capital CER

Regional

6 steps to regulate a VC fund [Opinion]

As an angel investor and venture capitalist, most of us actually transact in offshore jurisdictions when making investments due to better...

VC Regulations

U.A.E

Now Money closes $1.46M bridge funding round

UAE-based fintech startup Now Money closed this week a bridge funding round with a total of $1.46 million. The round included $700,000...

bridge investment now money investments

Regional

Battle of the finances: venture capital vs. private equity

If a business is searching for a source of external funding, it can turn to various sources. Some of these sources may be vastly different,...

Venture Capital private equity Funding models

Egypt

Egyptian food delivery platform secures $200K investment from 500 Startups

Cairo-based homemade food delivery startup Mumm received a $200,000 investment from 500 Startups. The startup empowers Egyptian women to...

Food delivery work from home Women

Regional

Entrepreneurship is disrupting MENA’s real estate and retail gurus

The first half of 2017 was an exciting one for enterprises and startups in the MENA region with mega deals taking the ecosystem by storm....

acquisition VC investment Real Estate

Morocco

4 Moroccans aiming at becoming the Alibaba of Africa

Working in the energy and industry sectors in various African countries helped Niama El Bassunie, a Casablanca-born entrepreneur, discover...

Trade financing for trade suppliers

Egypt

Careem announces $500K investment in public transportation startup Swvl

This news was updated to include an exclusive interview with Mudassir Sheikha, the cofounder and managing director of...

careem public transport Bus Pooling

Egypt

Cairo Angels invests in a local logistics company

Cairo Angels, a network of angel investors focused on supporting startup opportunities in Egypt and the Middle East, announced its...

on-demand delivery Logistics cairo angels

Palestine

Ibtikar receives a $2.5M investment, looks to help Palestinian entrepreneurs get funded

Ibtikar Fund, a Palestinian early stage venture capital firm has announced it has received a $2.5 million investment from the International...

seed investment Funding ecosystem growth

Kuwait

Arzan VC announces a pre-seed funding platform

In an effort to help new entrepreneurs get their ideas off the ground, Kuwait’s Arzan VC recently announced plans to launch a...

seed startup online platform

Egypt

Digital services for cash strapped Egyptian SMEs

Starting a business in Egypt is not easy, in large part because of the hassle involved in registering a new establishment and obtaining the...

Training Cloud Telecommunication

Regional

Techstars and GINCO launch an accelerator program in Dubai

Techstars in partnership with GINCO has announced the launch of a new accelerator program in Dubai. Applications will open in July of 2017...

accelerator Dubai techstars

Regional

Bloovo receives $3M in investment

Bloovo, a Dubai-based algorithmic online recruitment platform founded in 2016, closed a $3 million funding round. The co-investment was...

recruitement online platform

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