Wamda

Bahrain

Al Zayani Investments Group launches a venture capital fund

Bahrain-based Al Zayani Investments Group has launched the Al Zayani venture capital (VC) fund, targeting local and regional...

Al Zayani Investments Group Bahraini ecosystem

Jordan

Jordan Tourism Board, Venture X launch tourism startup accelerator

Source: Trade Arabia The Jordan Tourism Board (JTB) has signed a memorandum of understanding (MoU) with Venture X to create a strategic...

Tourism Covid19 amman

Bahrain

Unipal raises six-figure seed round

Bahrain-based Unipal, has raised a six-figure seed round, led by Oqal with participation from other angel investors. The startup secured...

Unipal Tenmou Oqal

U.A.E

MySyara secures $650,000 in pre-Series A round

Dubai-based online automotive platform, MySyara, has secured a $650,000 pre-series A funding round. The investment was facilitated by JRC...

MySyara automotive Investment

Egypt

DilenyTech raises $160,000

Source: WAYA Egypt-based healthtech startup Dileny Technologies (DilenyTech) LLC secured a $160,00 non-equity grant. The fund will be...

Dilney tech healthtech Breast cancer

U.A.E

STARZPLAY raises $25 million in debt financing

UAE-based subscription and on-demand video service (SVOD) STARZPLAY, has secured a $25 million debt financing round from Abu Dhabi-based...

STARZPLAY on-demand video service Ruya Partners

U.A.E

Dubai launches digital platform to simplify startup process

Source: Gulf News On Tuesday, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler...

Dubai

U.A.E

Careem introduces commission-free model for UAE restaurants

UAE-based super app Careem, has introduced a commission-free model for its restaurant partners in a step to relieve the economic impact of...

careem Food delivery commission-free model

U.A.E

Aldar Properties launches accelerator programme for global proptechs

Aldar Properties (‘Aldar’), has launched its corporate innovation programme, Aldar Scale Up, in partnership with Abu...

Aldar Properties startAD Proptech

Egypt

Zyda expands its e-commerce platform in Egypt

E-commerce platform provider Zyda, has expanded into the Egyptian market, with investments of over $2 million (EGP 30 million). Launched...

foodtech Zyda third party delivery

U.A.E

Hotdesk secures seed funding from ZVC

Dubai-based workspace platform Hotdesk, has secured seed funding from Zayani Venture Capital (ZVC) - the tech and venture capital arm of...

workspace Investment seed fund

Regional

Kitch launches in Saudi Arabia and the UAE

Cloud kitchen and store-front operator, Kitch, has officially launched in Saudi Arabia and the UAE, after privately raising $15...

Cloud kitchens Food & Beverage Investment

Egypt

elmenus secures investment from former Just Eat CEO

Former Just Eat CEO, David Buttress, has invested in Egypt-based food technology (foodtech) and digital ordering platform elmenus, and...

JustEat elmenues David Buttress

Egypt

FOODICS raises $20 million in Series B

Saudi Arabia-based food and beverage (F&B) retail and restaurant management platform FOODICS, has raised $20 million in a Series B...

Foodics Sanabil Investments STV

Egypt

DFin Holding launches fintech-focused platform and venture debt fund

Egypt-based Digital Finance Holding (DFin Holding) has launched its fintech-focused platform aiming to build and finance the emerging...

DFin Holding Fintech venture debt fund

U.A.E

NymCard raises $7.6 million in Series A

Abu Dhabi-based Banking-as-a-Service (BaaS) provider NymCard, has raised a $7.6 million Series A funding round, led by Shorooq Partners,...

NymCard bank as a service Fintech

Egypt

Tayary raises pre-Seed funding

Egypt-based online logistics platform Tayary, has raised a pre-Seed funding round from AUC Angels, Alex Angels, and the Cairo...

Logistics b2c b2b

Egypt

Isqan.com raises six-figure seed round

Egypt-based property-listing platform isqan.com, has raised a six-figure seed funding round from the CEO of EGYGAB HOLDING, Mohamed...

property Real Estate

Saudi Arabia

GetMuv raises $500,000 bridge investment

Saudi Arabia-based health and fitness app GetMuv, has raised a $500,000 (SAR 1.8 million) bridge round from the entrepreneurship arm of...

GetMuv health and fitness bridge investment

Bahrain

Gaming on the rise: Twitch Arabic video streams soar in 2020

As the Covid-19 pandemic forced millions to stay home for longer periods of time, the video game industry experienced an unpreceded growth...

Twitch video games Video Streaming

Jordan

GoCash raises $300,000 pre-seed investment

Jordan-based financial technology (fintech) startup GoCash, has raised $300,000 in a pre-seed investment round from a group of Amman-based...

Fintech Gocash ATM market

Egypt

Odiggo raises $600,000 seed round

Egypt-based digital marketplace for automotive spare parts Odiggo, has raised $600,000 in a seed funding round from Essa Al-Saleh, former...

Odiggo car spare parts Seed funding

Egypt

Zeew raises six-figure seed round

Egypt-based software-as-a-service (SaaS) startup Zeew, has raised a six-figure investment seed round from Estonia-based angel...

Zeew Food & Beverage food ordering

Saudi Arabia

Ynmo raises $500,000 seed

Saudi Arabia-based education technology (edtech) platform Ynmo, has raised a $500,000 seed round from the entrepreneurship investment arm...

Ynmo EdTech SAAS

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