Wamda

U.A.E

MEVP invests in online travel company Wego

MEVP, a leading venture capital firm focusing on the MENA invested in Wego, one of the largest online travel marketplaces across the MENA...

MEVP Wego investement

Saudi Arabia

Saudi cloud-based POS startup Foodics closed a $4M funding round

Saudi Arabia's Foodics has closed a SAR 15 million ($4 million) investment round, led by Raed Ventures and Riyad Taqnia Fund (RTF) with...

Foodics Saudi Arabia ksa

Tunisia

Tunisian online finance news platform raises $400K

The Tunisian startup Ilboursa.com, which a French online finance news platform, announced on Tuesday (September 12) the closing of its...

fundraising stock exchange finance

U.A.E

Mumzworld partners with Legoland Dubai

Two leading brands in the child industry team up to offer mothers and children (aged 2-12) a better experience when visiting the...

Mumzworld Legoland Dubai partnerships

Saudi Arabia

Saudi Aramco licenses NOMADD to create waterless cleaning systems

Saudi Aramco entered into a technology licensing agreement with NOMADD Desert Solar Solutions, the Saudi-based startup that commercializes...

Aramco Solar panels NOMADD

Regional

Uber and Arabiaweather announced a strategic partnership

The ride hailing app Uber announced a strategic partnership with Arabiaweather, a platform that provides weather products, services and...

ksa Saudi Arabia Jordan

U.A.E

Now Money closes $1.46M bridge funding round

UAE-based fintech startup Now Money closed this week a bridge funding round with a total of $1.46 million. The round included $700,000...

bridge investment now money investments

Regional

Marriott Hotels launches TestBED in Middle East and Africa

Marriott Hotels launched today its TestBED programme for the first time in the Middle East and Africa, which will begin its roll-out in the...

Marriott TestBED MEA accelerator Marriott Hotels

U.A.E

Souq.com to acquire Wing.ae to enhance fast shipping options

Souq.com today announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the...

Souq.com Wing.ae ecommerce

Saudi Arabia

Saudi Arabia hosts GE’s first Predix-powered hackathon in the region

General Electric (GE) hosted its first Industrial Internet of Things hackathon, powered by Predix, using big data to improve healthcare in...

MEMakersGE Predix hackathon

Regional

Tarjama accomplished its Coursera for Refugees Arabization mission

Tarjama, a UAE-based translation startup, finished its six-month project with Coursera to Arabize courses specifically targeted at...

Tarjama Coursera refugees

U.A.E

Fintech Hive at DIFC launched inaugural accelerator program

Fintech Hive at DIFC announced today the commencement its inaugural accelerator program. The program features 11...

uae Fintech Hive at DIFC Fintech

U.A.E

Sharjah calls on entrepreneurs to participate in the Sheraa Accelerator program

The second edition of Sheraa's accelerator program is now accepting UAE and international entrepreneurs applications for its second...

Sheraa Sheraa Accelerator program sharjah

Global

Careem partners with Chinese Didi Chuxing to accelerate innovation in the region

Careem, the ride-hailing and internet platform in the Middle East and North Africa, announced yesterday a strategic partnership with Didi...

uae china careem

Kenya

Wamda Capital cofunds Kenyan B2B food supply platform

Twiga Foods, the Kenyan business-to-business food supply platform announced today that it has successfully raised a Series A funding...

Twiga Wamda Capital Kenya

Egypt

Egyptian food delivery platform secures $200K investment from 500 Startups

Cairo-based homemade food delivery startup Mumm received a $200,000 investment from 500 Startups. The startup empowers Egyptian women to...

Food delivery work from home Women

Egypt

Cairo Angels invests in a local logistics company

Cairo Angels, a network of angel investors focused on supporting startup opportunities in Egypt and the Middle East, announced its...

on-demand delivery Logistics cairo angels

Egypt

Careem announces $500K investment in public transportation startup Swvl

This news was updated to include an exclusive interview with Mudassir Sheikha, the cofounder and managing director of...

careem public transport Bus Pooling

Lebanon

Agrytech Accelerator concludes phase one, 11 startups are selected

The Agrytech Accelerator wrapped up the first phase of its program with a Demo Day on July 12. The accelerator is jointly funded by...

Agrytech Accelerator Demo Day agro-food

Global

New World Bank initiative targets women entrepreneurs

The World Bank announced last Saturday the creation of the Women Entrepreneurs Finance Initiative (We-Fi) to finance and support...

world bank Ivanka Trump women entrepreneurs

Lebanon

IM Capital announces the launch of the Lebanese Women Angel Fund

Insure & Match Capital (IM Capital), announced on July 7th, the launch of the Lebanese Women Angel Fund at Villa Linda Sursock, Beirut...

im capital Lebanese League for Women in Business Go beyond investing

Lebanon

One lucky startup walks away with $50,000 from Speed@BDD’s fourth Demo Day

Speed@BDD, a Beirut-based tech startup accelerator, concluded yesterday its fourth acceleration program with a Demo Day. The accelerator is...

Speed@BDD Startups competition accelerator

Palestine

Connect Gaza looks to bring Palestinian startups into the regional ecosystem

Digital entrepreneurship and innovation are becoming key focuses of many governments across the Middle East as they seek to reform their...

PICTI startups investments

Palestine

Ibtikar receives a $2.5M investment, looks to help Palestinian entrepreneurs get funded

Ibtikar Fund, a Palestinian early stage venture capital firm has announced it has received a $2.5 million investment from the International...

seed investment Funding ecosystem growth

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