Wamda

Regional

Property Finder becomes largest shareholder in Turkish real estate portal

Source: The National Property Finder increased its stake in Turkish property marketing website Zingat to almost 40 per cent from 17 per...

Expansion Stake Investment

Egypt

Egypt’s Brimore raises $800,000 in seed fund

Source: Menabytes Cairo-based direct-selling distribution platform Brimore has raised $800,000 in a seed funding round, the startup...

Distribution manufacturing Investment

U.A.E

Fodel raises $2.6 million in pre-Series A

Dubai-based last mile delivery startup Forward Delivery (Fodel), has raised $2.6 million in a pre-series A round from multiple investors...

Logistics Last mile delivery

Turkey

Turkey-based Prisync acquires Spotlite

Prisync, a provider of competitor price tracking in the e-commerce market has acquired its Australia-based competitor Spotlite. The...

E-commerce Prices Tracker

Egypt

Egyptian e-sports company GBarena raises seed funding

Source: Menabytes Giza-based esports and gaming community GBarena has raised seed funding from HIMangel, the startup announced today....

E-sports Investment

U.A.E

UAE's The Modist secures investment from Farfetch and Nicola Bulgari

Source: Harper's Bazaar Luxury e-tailers The Modist, who already counts Vaultier7 and Chalhoub Group as investors, has...

modest fashion E-commerce

Palestine

Ibtikar Fund invests in Receet

Palestine’s Ibtikar Fund announced its investment in Receet, a mobile application that provides digital receipts in business...

fund Investment digital

U.A.E

Abu Dhabi offers startups Dh535 million through new hub

Abu Dhabi will be investing Dh535 million in startups as part of a new entrepreneurship space called Hub71 launched in partnership with...

abu dhabi abu dhabi global market Softbank

U.A.E

UAE’s Masdar City launches new hub for tech startups

Source: Tahawultech Masdar City, Abu Dhabi’s flagship sustainable urban community, has launched Tech Park, a new destination for...

tech abu dhabi hub

Egypt

Egypt sets up $57 million fintech startup fund

Source: ITWeb Africa Fintech startups in Egypt could soon have access to 1 billion Egyptian pounds (approximately...

Fintech fund Egypt

U.A.E

Tarjama raises $5 million in Series A

UAE-based language service provider Tarjama has raised $5 million in a Series A round. The investment was led by Saudi Arabia-based Anova...

Series A investement

Egypt

Kuwait’s Carriage expands to Egypt, launches in Cairo after onboarding 600 restaurants

Source: Menabytes Kuwait-based food delivery startup Carriage has expanded to Egypt, the startup told MENAbytes today, adding...

food Delivery Expansion

U.A.E

Dubai-based VentureSouq invests in Hello Verify

Source: VC Circle Worker screening platform Hello Verify India Pvt. Ltd has raised an undisclosed amount in funding from multiple...

Investment VentureSouq

Saudi Arabia

Saudi on-demand delivery startup Mrsool raises multi-million Series A

Source: Menabytes Riyadh-based on-demand delivery startup Mrsool has raised a multi-mullion (US Dollar) Series A round led by...

VC Investment Delivery

Egypt

Algebra Ventures partners with Ezdehar to invest in Dsquares

Egypt’s Algebra Ventures has partnered with Ezdehar Management firm to invest in Dsquares, a loyalty solutions provider. The...

b2c Investment management

U.A.E

DIFC launches $10 million fintech fund

Dubai International Financial Centre (DIFC) has launched a $10 million Fintech Fund and has appointed both Wamda Capital and Middle East...

Fintech DIFC Wamda Capital

Saudi Arabia

Saudi’s Elm announces investment in Syarah

Source: Menabytes Elm, a leading Saudi information technology company that is owned by country’s sovereign wealth fund, PIF, has...

Investment E-commerce

U.A.E

Namshi’s CEO Hosam Arab steps down after company’s full acquisition

Source: Menabytes Hosam Arab, the co-founder and CEO of Dubai-based fashion ecommerce platform Namshi has stepped down from his role...

E-commerce acquisition ceo

Global

Jabbar Internet Group invests in US-based Blueground

Dubai-based Jabbar Internet Group participated in a $20 million investment round for Blueground, a New York-based online apartment rental...

Rental Jabbar Internet Group

U.A.E

Zomato sells UAE business to Delivery Hero

Source: Economic Times Zomato Media, which owns and operates the eponymous online food delivery and restaurant discovery...

India zomato Delivery Hero

Saudi Arabia

Saudi-based biotech startups raise $10 million

Saudi-based biotechnology (biotech) startups incubated by Badir Biotech Incubator, under the Badir Program raised close to $10 million...

biotech Investment Funding

U.A.E

Dubai-based Beehive raises $4 million

Source: Menabytes Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad...

Fintech Funding Investment

Saudi Arabia

Nana raises $6 million in Series A round

Saudi Arabia-based e-grocery platform Nana has closed a $6 million Series A round of investment, led by Middle East Venture Partners (MEVP)...

Series A e-grocery

Lebanon

Speed raises new funding to improve future acceleration for startups

Source: Arabnet Speed, the Lebanese tech accelerator based out of the Beirut Digital District (BDD), has announced that it has raised...

accelerator Funding tech

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