Wamda

Saudi Arabia

SaudiPreneur programme celebrates the graduation of first batch

The first patch of the Saudipruneur programme has graduated, where 50 entrepreneurs competing and eight projects made it to the...

SaudiPreneur VMS Startup Studio EYouth

Palestine

The impact of Gaza crisis on the Palestinian tech ecosystem

Gaza Sky Geeks, a programme of Mercy Corps, launched an impact report on the Palestinian tech ecosystem “The Impact of Gaza Crisis on...

gaza sky geeks Gaza

U.A.E

Majarra acquires Arabic AI/NLP startups Lableb

UAE-based Majarra, An Arabic digital content provider, has acquired the UAE-based NLP technology provider, Lableb, for an undisclosed...

Majarra Lableb

Egypt

Egypt’s Dopay secures $13.5 million Series A extension round

Egypt-headquartered fintech Dopay has closed a $13.5 million Series A extension round, topping up a previous $18 million Series A round...

Dopay Fintech Argentem Creek Partners

U.A.E

Muller & Phipps Middle East fully acquires Power League Gaming

MENA based Technology distribution house, Muller & Phipps Middle East Group has acquired The UAE-based gaming and esports agency,...

Muller & Phipps Power League Gaming

U.A.E

Swyt raises undisclosed Seed funding

UAE-based IT solutions provider Swyt has concluded an undisclosed Seed round. Founded in 2022 by Edouard Bouvet, Swyt offers an...

Swyt IT solutions

U.A.E

Tokinvest raises $500,000 pre-Seed to accelerate market penetration

UAE-based tokenisation platform Tokinvest has raised $500,000 in pre-Seed funding from several investors, including Michael Ourabah, CEO...

Tokinvest Tokenisation

U.A.E

UAE’s Sentient Labs secures $85 million Seed round

UAE-based Web3-focused startup Sentient Labs has raised a $85 million Seed investment round, co-led by Pantera Capital, and Framework...

Sentient Labs Web 3.0 AI

Oman

Oman’s climatetech 44.01 closes $37 million Series A round

Oman-based climatetech 44.01 has closed a $37 million Series A funding round, led by Equinor Ventures with Shorooq Partners, as well as...

44.01 Cleantech Climatetech

Qatar

Startup Grind Qatar partners with Builder.ai to empower Qatari startup ecosystem

Qatar-based startup community “Startup Grind Qatar” has partnered with UK’s Builder.ai, the AI-powered composable...

Startup Grind Qatar Builder.ai

Egypt

UAE's Hala expands into Egypt by partnering with MwaslaTech

UAE-based mobility company Hala has announced plans to enter into the Egyptian market with local partner MwaslaTech. Hala, founded in...

Hala MwaslaTech mobility

Jordan

ISSF injects $5 million Global Ventures’ third fund to support Jordanian startups

Jordan’s investment fund, the Innovative Startups and SMEs Fund (ISSF), has invested $5 million in Global Ventures’ Fund...

ISSF Global Ventures

U.A.E

Maalexi raises $1 million investment from Stride Ventures

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021...

Maalexi Stride Ventures Fintech

Egypt

Raya FutureTECH wraps up first accelerator programme

Egypt’s Raya FutureTECH, the innovation arm of Raya Holding, has concluded its first accelerator programme in collaboration with...

Raya FutureTECH Raya holding accelerator

U.A.E

India’s CoinDCX acquires BitOasis in MENA expansion bid

India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed...

BitOasis CoinDCX cryptocurrency

Egypt

EdVentures invests $400,000 in Egypt’s El Kheta

Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures. Founded in 2019 by Mohamed Mahmoud, El Kheta...

EdVentures El Kheta EdTech

Saudi Arabia

Saudi Arabia’s Jeel attracts new seven-figure investment

Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel...

Jeel RZM Investments

Iraq

Iraq’s Alsaree3 Closes 7-figure Series A round

Iraq-based food delivery app Alsaree3 has raised a seven-figure Series A funding round, from investors including Iraq Venture Partners...

Alsaree3 Iraq Venture Partners Snoonu

Egypt

Connect Money raises $8 million Seed round

Egypt-based fintech Connect Money has closed its Seed funding round of $8 million led by Disruptech Ventures and Algebra...

Connect Money Fintech Algebra Ventures

U.A.E

Comfi secures $5 million debt facility to expedite BNPL plans

UAE-based fintech Comfi has secured a $5 million debt facility from an undisclosed Abu Dhabi-based private family...

Comfi Fintech

Jordan

ISSF injects $2 million in VentureSouq second fund

Jordan’s Innovative Startups and SMEs Fund (ISSF) has invested $2 million in VentureSouq Fund II, managed by the UAE-based VC fund...

VentureSouq ISSF

Egypt

HSBC to back fintech in Egypt with $31 million fund

HSBC Egypt is planning to launch a fund worth EGP 1.5 billion ($31.5 million) to back the fintech sector in the North African...

HSBC Fintech

U.A.E

UAE’s Now Money closes $4 million equity round

UAE-based fintech NOW Money has closed a $4 million equity round. The investment completes the second round of funding for the Company...

now money Fintech

U.A.E

Qstay secures $4.6 million pre-Series A round

UAE-based hospitality platform Qstay has raised $4.6 million in a pre-Series A funding round, through a combination of conventional and...

Qstay hospitality

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