Wamda

U.A.E

Sehteq acquires Dawa Express for $3 million

UAE-based health insurance startup Sehteq is set to acquire Dawa Express for $3 million with the transaction to be completed by the first...

healthtech M&A

U.A.E

ADIO allocates AED 152 million to agritech startups

Source: WAM The Abu Dhabi Investment Office, ADIO, announced individual partnerships with Pure Harvest Smart Farms, Pure Harvest,...

agritech Pureharvest ADIO

Pakistan

Mena-based angel investors invest in Pakistan's Conatural

Source: Profit Magazine Pakistan’s natural and organic skin and hair care brand, Conatural, has raised $825,000 in a Pre-Series A...

Beauty startups Angel Investment Conatural

U.A.E

DIFC’s Innovation Hub to support Dubai’s future economic growth

Source: WAM The innovation mandate has expanded for the Dubai International Financial Centre, DIFC, the leading global financial centre...

DIFC Fintech MEASA

Egypt

Ibnsina Pharma acquires 3elagi Tech

Egypt-based pharmaceutical firm Ibnsina Pharma has acquired a 75 per cent stake in its compatriot digital pharmacy marketplace 3elagi...

Ibnsina pharma 3elagi tech healthtech

Global

Mubadala invests in TIER

Source: Reuters SoftBank Group Corp’s Vision Fund 2 has led a $250 million investment in Berlin-based e-scooter company Tier...

TIER micromobility e-scooter

Regional

Distichain and Markit peer-selected for investment

UAE-based e-commerce and e-procurement platform Distichain and Lebanon-based on-demand grocery delivery service Markit are set to receive...

Distichain Markit Finance Forward Mena 2020

U.A.E

Brand Ripplr raises $1 million in Series A

UAE-based influencer and marketing platform Brand Ripplr, has raised $1 million Series A investment from Dubai Angel Investors and other...

Digital Marketing Brand Ripplr Dubai Angel Investors

Global

Library21 MEA acquires UK's Inspirational Development Group

Source: Arab News Library21 MEA Holdings Limited, a UAE-based education technology (edtech) company, has announced the acquisition of...

Library21 MEA Inspirational Development Group EdTech

Bahrain

Bahrain eases access to funding for startups and SMEs

The Bahraini government has approved new amendments to the Bahrain commercial companies (BCC) law to help boost startups access to funding...

Bahrain commercial companies Access to funding Convertiable notes

Global

Mubadala leads $700 million funding for US-based Reef Technology

Source: Zawya AbuDhabi's Mubadala Investment Company has led a $700 million funding round for Reef Technology, a US-based...

Mubadala Investment Company Reef technology mobility and logistics

Egypt

Cairo Angels launches syndicate fund

Egypt-based angel network Cairo Angels, has launched its first $3 million micro-venture syndicate fund, aiming to back up and support the...

cairo angels Early-stage pre-Series A

Saudi Arabia

Jada Fund of Funds company invests in Alpha Capital

Source: Saudi 24 news “Jada” Fund of Funds Company, which is one of the Public Investment Fund companies, has signed a...

Alpha Capital Jada Fund of Funds smes

Egypt

ILLA raises $500,00 seed

Egypt-based delivery and logistics startup ILLA, has raised $500,000 seed investment from Averroes VC, AUC Angels and a consortium of local...

Flat6Labs Cairo ILLA FMCG

Regional

Veolia launches accelerator for social startups and SMEs

France-based Veolia has launched an acceleration and mentoring programme, aimed at supporting social startups and SMEs across the Middle...

Veolia acceleration smes

Morocco

ATLAN Space raises $1.1 million in Series A

Morroco-based ATLAN Space has raised $1.1 million (MAD 10 million) for its Series A funding round from Maroc Numeric Fund II, with...

ATLAN Space AI UAVs

U.A.E

Hub71 chooses startups for third cohort

Abu Dhabi-based accelerator Hub71 has chosen the 19 startups that will partake in the third cohort of its accelerator...

Hub71 AI big data

U.A.E

Cartlow raises $2 million in pre-Series A, launches VASCART

UAE-based "re-commerce" platform Cartlow, has raised a $2 million (AED 7.3 million) pre-series A investment round from Arzan...

Recommerce pre-owned indsutry market Cartlow

Egypt

Brantu raises Series A investment

Egypt-based fashion e-commerce platform Brantu has raised a seven-figure Series A round from Sawari Ventures. Launched by Mohamed Rizk...

Brantu Series A ecommerce

Egypt

Amjaad Technology raises investment for ongoing pre-Series A

Cairo-based smart metre and internet of things (IoT) startup Amjaad Technology, has raised a six-figure funding round from Bahrain-based...

IoT Amjaad technology Energytech

Bahrain

Bahrain Fintech Bay, US’s MEPI launch accelerator for local startups

Bahrain Fintech Bay (BFB) and the US State Department’s Middle East Partnership Initiative (MEPI), have teamed up to launch a virtual...

acceleration Bahrain Fintech Bay Build for Bahrain

Bahrain

Dubai's ICD, Bahrain-based Investcorp invest in India's FreshToHome

Source: Money Control FreshToHome, an online retailer of seafood and poultry said on October 28 that it has raised $121 million in a...

FreshToHome ICD Investcorp

U.A.E

TIER marks return of e-scooters in Dubai

Berlin-based micro-mobility provider TIER, has launched its first fleet of e-scooters in Dubai. This marks the first launch of an e-scooter...

E-scooters micromobility TIER

U.A.E

Dubai Crown Prince launches Nasdaq Dubai Growth Market for SMEs

Source: WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a...

smes Nasdaq Dubai Growth Market Dubai Financial Market

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