Wamda

Jordan

Amman based Oasis500 announces partial exit from Little Thinking Minds

Source: Menabytes Amman-based accelerator and seed investor Oasis500 has announced partial exit from Jordanian edtech startup Little...

EdTech Jordan Exit

U.A.E

Bayut.com’s parent company raises $100 million Series D

Source: MenaBytes Dubai-based property website Bayut.com’s parent company Emerging Markets Property Group (EMPG), also...

investment round Investment property

U.A.E

Yellow Door Energy raises $65m from global investors

Sorce: Zawya Dubai-based Yellow Door Energy (YDE), a provider of solar energy solutions in the Middle East and Africa, has...

solar energy Investment

U.A.E

Melltoo closes bridge round

Dubai-based secondhand e-commerce platform Melltoo has closed a pre-series A round that it will use to expand its operational capacity...

uae ecommerce secondhand

Saudi Arabia

Al Tayyar acquires rest of 40 per cent stake in Almosafer

Source: Menabytes Al Tayyar Group, one of the largest travel and tourism companies in Saudi Arabia with presence almost all over the...

news Investment Travel

Palestine

Ibtikar Fund invests in Palestine's Safra

Palestine’s Ibtikar Fund has announced a new investment in Safra, a Ramallah-based online travel platform for travel agents in the...

travel tech palestine Ibtikar Fund

Bahrain

Bahrain first Business Angels company announces its partial exit from EatApp

Source: Startup MGZN Tenmou, Bahrain’s first ‘Business Angels company’ recently announced its partial exit from...

Bahrain news Investment

Kuwait

Kuwait announces $200m tech fund

Source: Arab Times Kuwait has launched an initiative to form a $200 million fund for investments in technology, Kuwaiti Deputy Prime...

news Investment Technology

U.A.E

Wimo raises $500,000 in seed funding

Source: MENAbytes Dubai-based delivery logistics platform Wimo has raised $500,000 in seed funding from Dubai Angel Investors...

Seed funding seed investment Logistics

U.A.E

Yawmi closes seed round

Dubai-based food and beverage (F&B) e-commerce startup Yawmi, has closed a seed round from Shorooq Investments. The amount of...

Delivery uae food

Saudi Arabia

Saudi-based Lucidya raises ~$1.1 million in Series A

Source: Menabytes Jeddah-based Arabic-focused social media monitoring tool Lucidya has raised ~$1.1 million (4 million Saudi Riyal) in...

Turkey

Turkey's Modanisa sells minority stake to Goldman Sachs

Modest fashion online retailer Modanisa today announced that it has sold a minority stake to Goldman Sachs and Wamda Capital. The...

ecommerce modanisa modest fashion

U.A.E

Dubizzle stake acquired for $190 million

UAE-based online classifieds website dubizzle has been fully acquired by Naspers, a South Africa-based investor through its subsidiary OLX...

Dubizzle classifieds marketplace

U.A.E

CE-Ventures invests in US artificial intelligence company

UAE-based CE-Ventures, the venture capital arm of Crescent Enterprises, has invested in Silicon Valley-based artificial intelligence...

#investment #VentureCapital #Artifical_Intelligence

Regional

Startups raise $893 million in 2018

Investments in Middle East and North Africa (Mena)-based startups rose by 31 per cent in 2018 to $893 million with 366 deals according to...

Investment MENA Mena Venture Investments

Regional

yallacompare raises $8 million in latest round

Dubai-based yallacompare has raised $8 million in its latest round of funding. Lead by existing investors STC Ventures and Wamda...

Insurance Price comparison Egypt

Global

Middle East Venture Partners invests in US software company

Middle East Venture Partners (MEVP) led a series B round in US-based software company FADEL and was joined by Kafalat iSME and B&Y...

series B MEVP software engineering

Bahrain

Bahrain's Inagrab closes seed round

Source: Startup MGZN Bahraini startup Inagrab, a platform that helps retail businesses scale their business with the help of A.I...

Bahrain 500 startups Retail

U.A.E

Enerwhere raises $940,000 through crowdfunding

Source: The National Dubai-based solar company Enerwhere raised Dh1 million ($940,000) in less than a week via a crowdfunding platform...

solar Crowdfunding beehive

Regional

Sheraa launches Series A programme

The Sharjah Entrepreneurship Centre (Sheraa) has launched a Series A programme for startups based in and outside of the UAE....

#SeriesA #Startups #Sharjah

Egypt

Egyptian pet-care startup VetCode raises 450,000 in seed funding

Source: Startup Scene Egypt's pet-care startup, VetCode, raises seed funding at $450,000 pre-money valuation from Pmaestro on...

#investment #Egypt

U.A.E

Careem establishes new company with Dubai Road and Transport Authority

Careem has partnered with Dubai’s Roads and Transport Authority (RTA) to launch an E-Hail taxi joint venture. The new company...

#Transport #tech #News

Saudi Arabia

Saudi Aramco signs agreement with ICT company to invest in tech enterprises

Source: Startup MGZN State oil giant Saudi Aramco said it has signed an agreement with Saudi Information Technology Company to...

Egypt

Egypt’s Commercial International Bank launches CVentures

Source: MENAbytes Commercial International Bank, the biggest private bank of Egypt, that is commonly known as CIB, has announced the...

Venture Capital cairo Investment

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