Wamda

Regional

Mobile drives online travel bookings

Mobile is becoming one of the main ways that users in the Middle East are searching and booking their travel options according to a report...

Travel sector Travel travel tech

Global

Saudi Arabia and UAE reconsider Softbank investment

Source: Business Insider SoftBank CEO Masayoshi Son may have trouble raising a second Vision Fund after all. With Japanese...

Softbank Softbank Vision Fund PIF

U.A.E

Shorooq Partners invests in Teacherly

Shorooq Partners has invested in UK-based, education technology (edtech) platform Teacherly in seed funding for an undisclosed...

EdTech seed fund

Pakistan

Swvl expands further into Pakistan

Source: MENAbytes Swvl, the app-based bus hailing startup that is now headquartered in Dubai, is expanding further into...

Swvl Egypt ride hailing

U.A.E

UAE's Masdar, UK government invest $86 million in green technology fund

Source: Zawya Abu Dhabi Future Energy Company (Masdar) together with the UK government have invested £70 million ($86.48 million)...

Technology fund uae

Regional

Careem moves further into fintech

Careem now allows its users to recharge their mobile phone credit on its platform. The service is already available in Egypt, Pakistan...

Fintech wallet pay

Regional

Localized closes $1.2 million funding round

US-based Localized, a talent technology platform that connects university students and alumni with employers and industry experts in...

Investment talent tech

Regional

Google's YouTube launches music streaming service in Mena region

Source: The National Google-owned YouTube launched its music streaming services in the Middle East and North Africa market on...

YouTube Music streaming

Egypt

Egypt to establish 7 technological parks with EGP 1 billion investments: ICT Minister

Source: Daily News Egypt Minister of Communications and Information Technology, Amr Talaat, told Daily News Egypt that seven...

Egypt Technology parks

Qatar

Qatar blocks Uber’s acquisition of Careem in the country

Source: MenaBytes Qatar’s competition authority has blocked Uber’s proposed $3.1 billion acquisition of Careem in...

ride-hailing careem Uber

U.A.E

Foloosi raises $500,000 in seed round

UAE-based financial technology (fintech) startup Foloosi has raised $500,000 in seed funding from existing investor Rasheed Alfalasi along...

seed fund Fintech

Egypt

Doctoorum raises seed funding

Source: Trade Arabia Numu Capital, a Dubai-based venture capital firm, has announced its investment in Doctoorum - a curated...

seed fund Medical Tourism

U.A.E

Dubai halts Uber X and Careem's Go ride options

Source: The National Ride-hailing giant Uber and its UAE-based partner Careem have halted their cheapest ride options in Dubai,...

uae RTA careem

Jordan

Jordan introduces e-commerce fees

Source: MenaBytes Jordan Customs Authority last week has introduced new rules and custom service fee for personal online cross-border...

fees laws online

Egypt

NowPay Raises $600,000 in seed funding

Source: Digital Boom Egyptian fintech startup, NowPay, said it’s closing a new undisclosed round after raising USD 600,000 in...

news Investment seed

Regional

Falcon Network invests $450,000 in six startups

Dubai-based Falcon Network, a group of emerging markets-focused angel investors, has completed six investments worth $450,000 in...

Investment network startups

Bahrain

SINC raises $250,000 in pre-seed funding

SINC, a Bahrain based Software-as-a-Service (SaaS) mobile platform, has raised $250,000 in a pre-seed funding round led by Dubai Angel...

pre-Seed Investment Software

Egypt

Trolley raises $200,000 in seed fund

Source: MenaBytes Cairo-based grocery delivery platform Trolley has raised $200,000 as seed funding, the startup...

news seed fund

Jordan

Mecal raises funding

Amman-based Mecal, an e-commerce platform focused on men’s accessories has raised funding from Palestine-based Ibtikar Fund and...

Investment men's accessories

Regional

Onsi Sawiris leads investment on Canada's Drop

Source: Tech Crunch Commerce and marketing are radically changing these days. Consumers are increasingly looking for brands...

news Investment E-commerce

Kuwait

Kuwait Sovereign Wealth Fund leads round in Knotel

Source: Pitchbook Enterprise workspace provider Knotel has banked $400 million at an estimated $1 billion valuation in a round...

news investments fund

Egypt

RiseUp acquires MENAbytes

Egypt-based RiseUp, the organiser of the Middle East and North Africa’s (Mena) largest startup and entrepreneurship summit, has...

news Acqusition publication

U.A.E

VentureSouq invests in Hong Kong's QFPay

Source: E27 QFPay, a QR code-based payment technology company headquartered in Hong Kong, has received US$20 million in fresh funding...

Investment PAYMENT Technology

Bahrain

Lamar Holding invests $1 million in Nigeria's TechAdvance

Source: VentureBurn Lagos-based payments infrastructure firm TechAdvance has secured $1-million in funding from...

Investment tech PAYMENT

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