Regional Meta AI officially launches in the MENA region Meta AI officially launches in the MENA region Fully available in the UAE, Saudi Arabia, Egypt, Morocco, and Iraq—with more... News • 04 February, 2025 Meta AI Facebook
Egypt Khazna lands $16 million pre-Series B to boost Saudi expansion Egypt-based fintech Khazna has closed a $16 million pre-Series B funding round. The round saw participation from new and... News • 04 February, 2025 Khazna SANAD Fund Fintech
Saudi Arabia Saudi AI startup vminds.ai secures six-figure pre-Seed Saudi Arabia-based AI startup vminds.ai has closed a six-figure pre-Seed investment round from undisclosed angel investors. Founded by... News • 04 February, 2025 vminds.ai AI
U.A.E Wamda Capital participates in qeen.ai’s $10 million Seed round UAE-based AI startup qeen.ai has secured a $10 million Seed funding round, in one of the largest seed investments in the MENA region to... News • 04 February, 2025 AI qeen.ai Wamda Capital
Regional MENA e-commerce grew by 30% in 2024, new report suggests The MENA e-commerce market saw a 30%+ increase in online orders, with Saudi Arabia and the UAE leading in Gross Merchandise Value (GMV),... News • 03 February, 2025 E-commerce Flowwow Admitad
Tunisia Tunisian fintech EasyBank secures $370,000 investment Tunisia-based fintech EasyBank has secured an investment of $370,000 from undisclosed investors. Founded in 2023 by... News • 03 February, 2025 EasyBank Fintech
U.A.E Myne closes $2 million pre-seed led by Scene Holding UAE-based fintech Myne has raised a $2 million pre-seed funding round, led by Scene Holding, followed by Raz Holding with participation... News • 03 February, 2025 Myne Scene Holding Plus VC
Egypt Foundation Ventures concludes first close of $25 million fund Egypt-based venture capital firm Foundation Ventures has announced the first close of its $25 million fund, FVFII, backed by the... News • 03 February, 2025 Foundation Ventures
Saudi Arabia Penny Software partners with NHC to revolutionise housing procurement Press release: Penny Software, the digital procurement software, has signed a partnership with the National Housing Company (NHC) to... Press Release • 02 February, 2025 Penny Software National Housing Company
Egypt Simplex secures $13 million to propel Saudi expansion Egypt-based CNC machine manufacturer Simplex has raised $13 million, led by Saudi Arabia's National Industrial Development... News • 30 January, 2025 Simplex
Saudi Arabia Saudi Arabia’s Forus bags $60 million debt from Fasanara Saudi Arabia-based P2P lending platform for SMEs Forus has secured $60 million in a credit facility from Fasanara... News • 30 January, 2025 Forus Fasanara Capital Fintech
Saudi Arabia Lendo secures $690 million facility from J.P. Morgan Saudi Arabia-based fintech Lendo has secured a $690 million warehouse facility led by J.P. Morgan. Founded in 2019 by Osama... News • 30 January, 2025 Lendo J.P. Morgan Fintech
Saudi Arabia Ibtikar Fund backs Nabeeh with undisclosed investment Saudi Arabia-based e-services platform Nabeeh has raised an undisclosed investment from Ibtikar Fund. Founded in Palestine in 2021 by... News • 29 January, 2025 Nabeeh Ibtikar Fund e-services
Egypt Dsquares acquires majority stake in Prepit Egypt-based loyalty and rewards solutions provider Dsquares has acquired a majority stake in the Egyptian B2B SaaS... News • 29 January, 2025 Dsquares Prepit
Saudi Arabia Saudi edtech UpLevel secures pre-Seed round Saudi Arabia-based edtech UpLevel has raised an undisclosed pre-Seed funding round from a group of angel investors. Founded in 2024 by... Nesma Abdel Azim • 28 January, 2025 UpLevel EdTech
U.A.E Silkhaus to fuel KSA expansion with seven-figure growth round UAE-based proptech Silkhaus has closed a seven-figure growth round, led by Nuwa Capital and Oraseya Capital, with participation from... News • 28 January, 2025 Silkhaus Proptech
