Lebanon Fabric Aid won the first edition of the ‘Get in the Ring Beirut’ competition Fabric Aid, a startup which enables underprivileged people to get decent clothing at affordable prices, won the first edition of the... Staff writer • 30 April, 2018 lebanon SmartEx Get in the Ring Beirut
Egypt Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s... Staff writer • 30 April, 2018 Egypt La Reina Algebra Ventures
U.A.E Hospitality veteran invests $4M in Dubai-based virtual hotel startup to drive its expansion plan MaisonPrive, a ‘virtual hotel’ operator that offers luxury apartments and villas to business and leisure visitors to Dubai,... Rana Freifer • 26 April, 2018 uae Funding MaisonPrive
U.A.E Abu Dhabi’s Mubadala acquires minority stake in NY-based Phoenician Capital Abu Dhabi-based Mubadala Investment Company acquired a minority stake in the general partner of Phoenician Capital, a New York-based... Staff writer • 25 April, 2018 uae Mubadala Investment Company acquisition
Regional 10 winning teams from 7 Arab countries at MIT Enterprise Forum Pan Arab’s 11th edition of the Arab Startup Competition The MIT Enterprise Forum (MITEF) of the Pan Arab Region announced the winners of the 11th edition of the Arab Startup Competition. This... Staff writer • 23 April, 2018 MITEF Arab Startup Competition Oman
U.A.E Hyperloop Transportation Technologies signs first commercial hyperloop system in the UAE Hyperloop Transportation Technologies (HyperloopTT) revealed the signing of an agreement with Aldar Properties, one of the leading real... Staff writer • 19 April, 2018 uae Hyperloop Transportation
Global Voicera acquires Wrappup, launches new AI virtual assistant app Voicera, a pioneer in the artificial intelligence and productivity space, acquired Wrappup, the company behind one of the most popular apps... Staff writer • 19 April, 2018 Voicera Wrappup AI
U.A.E The Plug and Play ADGM program will kick off in Q3 2018 Plug and Play (PNP), one of the world’s largest global innovation platforms, and Abu Dhabi Global Market (ADGM), the International... Rana Freifer • 18 April, 2018 uae ADGM Plug and Play
Regional Google launches online skill-building program for the MENA region Google announced today the launch of ‘Maharat min Google’, a free digital skills-building program in Arabic, in an effort... Staff writer • 18 April, 2018 Google Skills
Lebanon areeba debuts contactless biometric payment cards in the Middle East Gemalto, one of the world leaders in digital security, is supplying its Visa biometric contactless bank card to areeba, a Lebanese... Staff writer • 17 April, 2018 lebanon areeba biometric contactless bank cards
Jordan Jamalon to launch express personalized photo albums service in the Middle East in partnership with Taopix Jamalon, the Middle East region’s largest online book store with a catalogue of over 10 million titles, announced a strategic... Staff writer • 15 April, 2018 Jordan uae Jamalon
Regional Saudi Arabia calls for innovative startups to solve pressing social issues The Saudi Ministry of Communications and Information Technology (MICT), Small Medium Enterprise Authority (SMEA), GE Digital, and Obeikan... Staff writer • 10 April, 2018 hackathon GE
Global 500 Startups announces strategic investment from ADFG Venture capital firm 500 Startups is announcing that ADFG, a global investment firm, has made a significant investment in 500. Through this... Staff writer • 04 April, 2018 500 startups ADFG
Global Insider launches Growth Management Platform and receives $11M Series B led by Sequoia Insider recently announced the launch of its Growth Management Platform (GMP), which raised an $11 million Series B investment. Insider... Staff writer • 03 April, 2018 Insider Sequoia series B
Saudi Arabia The Misk Foundation and Bloomberg partner to boost the Saudi knowledge economy The Misk Foundation and Bloomberg L.P., the global business and financial information leader, announced a partnership to enhance the... Staff writer • 03 April, 2018 Saudi Arabia Misk Foundation Bloomberg
Lebanon Diabetes monitoring startup wins a $50,000 Seed Boost fund during Speed@BDD’s fifth Demo Day Spike, a mobile assistant that helps diabetics better manage their diabetes, won the second edition of Speed@BDD’s Seed Boost. The... Staff writer • 28 March, 2018 lebanon Speed@BDD Spike
Saudi Arabia Saudi DokkanAfkar.com launches new ‘Designer Program’ DokkanAfkar.com, one of the first ecommerce websites in Saudi Arabia for creative products, announced the launch of its ‘Designer... Staff writer • 28 March, 2018 Saudi Arabia DokkanAfkar ecommerce
U.A.E MAGNiTT raised a $1M Seed round Dubai-based MAGNiTT.com, one of the largest investment data platforms for investors, entrepreneurs, and corporates in the Middle East,... Staff writer • 27 March, 2018 uae MAGNiTT Seed funding
Egypt Blockchain-focused incubator to launch in Egypt this April NU TechSpace is the first tech-focused incubator specialized in cognitive technologies in Egypt. It will be officially launching on April... Rana Freifer • 26 March, 2018 NU TechSpace Nile University Blockchain incubator
U.A.E Mubadala Investment Company participates in $15M Series A investment round in US airspace awareness firm Fortem Technologies, an innovator in airspace awareness and intelligence, announced closing $15 million Series A funding round led by DCVC... Staff writer • 25 March, 2018 uae usa Mubadala Investment Company
U.A.E Goodness Cart, Dubai’s new healthy startup Goodness Cart is a new ecommerce platform that launched today in Dubai to offer customers products across a range of categories including... Staff writer • 14 March, 2018 ecommerce
Lebanon Lebanese online interior design platform Moodfit raised a $400K seed round Moodfit, one of the first online interior design platforms in the MENA region, closed a $400,000 seed investment round from Seeders... Staff writer • 13 March, 2018 MoodFit Seed funding MEVP
U.A.E DIFC and MEVP sign agreement to strengthen regional technology venture capital ecosystem Dubai International Financial Centre (DIFC), one of the leading international financial hubs in the Middle East, Africa and South Asia... Staff writer • 12 March, 2018 uae DIFC MEVP
U.A.E Dubai-based certified car marketplace raises another $1M CarSwitch.com, the UAE’s first marketplace for certified cars, has secured an additional $1 million investment led by Dubai Angel... Staff writer • 08 March, 2018 uae carswitch.com marketplace