Wamda

U.A.E

Team of payments veterans launch a cryptocurrency startup based on Ethereum

A team of payments veterans announced today the launch of a new cryptocurrency startup based on Ethereum: Verify, planning and ICO in...

Payfort Verify Bitcoin

U.A.E

DAFZA launches first regional ecommerce free zone Dubai CommerCity

H.H. Sheikh Ahmed Bin Saeed Al Maktoum, chairman of the Dubai Airport Freezone Authority (DAFZA), launched 'Dubai CommerCity,' an...

DAFZA Dubai CommerCity uae

U.A.E

Marriott Hotels announces shortlist for TestBED programme in Middle East and Africa

After launching its TestBED programme in partnership with Wamda in the Middle East and Africa region for the first time in September this...

Marriott TestBED MEA Travel sector

Tunisia

A new incubation space settles in Sousse, Tunisia

Faten Aissi, business developer, Khaireddine Fredj, an entrepreneur, and Daniel Doppler, a French startup mentor, created 777, an incubator...

Incubator régions hub

U.A.E

Abu Dhabi Global Market announces fintech innovation center and partnership with Plug and Play

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced two initiatives at the FinTech Abu Dhabi...

ADGM Fintech Plug and Play

U.A.E

Your iPhone 7 can feed 200 refugees

Melltoo, a no-meetup classifieds startup based in the UAE, launched this month “Impacter by Melltoo", an initiative to...

classified social enterprise melltoo

U.A.E

UAE digital health startup raises $4M in seed funding

Health at Hand, the newly launched Dubai-based patient to doctor video consultation platform, has now raised more than $4 million...

uae health at hand seed fund

Bahrain

Bahrain’s football app Malaeb closes a seed round investment

Bahraini app Malaeb, which helps users match players and book a football field, has recently closed a seed round for an undisclosed amount,...

Malaeb Inspire Ventures Vision ventures

Saudi Arabia

SRMG acquires 51 percent stake in Saudi financial news service Argaam for $10M

The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake (51 percent) in the Argaam Investment and Trading Company,...

Saudi Arabia Argam acquisition

U.A.E

Mastercard and Abu Dhabi Global Market collaborate to accelerate fintech ecosystem development

Abu Dhabi Global Market (ADGM), an international financial center, and Mastercard Asia/Pacific Pte Ltd, a leading technology company in the...

uae ADGM MasterCard

Saudi Arabia

Home cleaning marketplace Matic raises $3 million

Matic, an online marketplace for cleaning services in the GCC, incubated by Badir Program for Technology Incubators and Accelerators, has...

Matic MEVP Cleaning services

U.A.E

Precinct Partners launches to provide patient capital to entrepreneurs

Precinct Partners Holding Limited (‘Precinct Partners’) has launched at the Dubai International Financial Center (DIFC) to...

precinct partners fund patient capital

Jordan

Jordanian addressing startup raises $100K from GMS Ventures & Investments

NavCode is a Jordanian smart addressing app that contains user information such as name, phone number, building number and others. It...

NavCode Addressing VC

Kuwait

Fintech startup Ajar Online closes a second round of investment

Ajar Online, a Kuwait-based fintech startup that allows tenants to pay their rent online, via SMS and email, has recently closed...

Ajar Online Fintech Investment

Global

Badir launches new program to attract global startups to KSA

Badir Program for Technology Incubators, a Saudi national program under King Abdulaziz City for Science and Technology (KACST), launched a...

news watch Badir

Global

Six winners, including 2 international startups at MAD Mentorpreneurs

Ten startups competed for awards worth four million Emirati Dirhams (US$ 1 million) during MAD Mentorpreneurs pitching competition, which...

MAD Talks MAD Mentorpreneurs startups

Regional

Altibbi raises $6.5M through MEVP, DASH Ventures, and other investors

Altibbi Ltd., one of the Middle East’s largest digital health platforms, announced a new round of funding amounting to $6.5 million....

AlTibbi MEVP DASH Ventures

U.A.E

UAE dental app Udenz raised $200,000 in crowdinvesting

Udenz, a Dubai-based app that offers dental services for both users and dentists, has raised $203,000 with 33 investors from 10...

Udenz eureeca uae

Egypt

Egyptian home services platform Filkhedma closed second investment round

Filkhedma, an Egyptian home services marketplace, has just closed its second investment round led by Algebra Ventures and Glint...

FilKhedma Algebra Ventures Glint

U.A.E

First class of Ethereum blockchain developers to graduate from Dubai’s ConsenSys Academy

ConsenSys Academy has announced its first developer program class of 150+ blockchain developers, including 25 participants from the United...

Smart Dubai ethereum Blockchain

Regional

Alabbar and MEVP launch $250M MENA tech-focused VC fund

Middle East Venture Partners (MEVP) announced today the launch of its third MENA venture capital fund – the Middle East Venture Fund...

Alabbar MEVP Walid Hanna

Regional

Alshaya gets on board in Noon

Kuwait-based retail franchise operator MH Alshaya Co has acquired a strategic stake in Noon, the region’s new ecommerce platform,...

Alshaya Noon ecommerce

Jordan

Jordan’s POSRocket raises $650K from Jabbar Internet Group, Arzan VC, and Propeller Inc.

POSRocket, the Amman-based startup that sells cloud-based point-of-sale solutions to SMEs raised $650,000 as seed investment from Jabbar...

posrocket Point of sale Cloud Computing

Egypt

11 Egyptian startups to participate in Innoventures Egypt's third Startup Reactor stage

Innoventures, an innovation platform launched in 2011 to bring Egyptian ideas to market, announced the top 11 startups chosen to...

Innoventures Startup Reactor

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