Wamda

Saudi Arabia

How will Saudi’s diversification affect startups?

Just a few days into 2016, Saudi Arabia deputy crown prince Muhammad bin Salman made waves when he said the kingdom was exploring a public...

Wamda2016 Saudi Arabia Aramco

Global

Startup Watch: how to be a CEO, Jay Z, and China’s new Gulf bud

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Jay Z Back to the Future

Jordan

Uber and Careem: a yellow cab's worst nightmare in Jordan

“We don’t need Uber or Careem, the yellow cab is the boss,” chanted yellow cab drivers protesting outside Jordan’s...

Uber careem Jordan

Global

Startup Watch: Flying cars, thieving chatbots, and Silicon Valley - the musical

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Uber Fintech

U.A.E

Careem v Uber: the local kid is winning

Careem’s flexibility in dealing with governments may give it the edge it needs over Uber and upstarts such as Egypt’s...

careem Uber Ousta

Global

Startup Watch: It pays to listen, no to networking and solar for Lebanon?

Here’s a roundup of what we’ve been reading this week on how to approach networking in the most effective way possible, how we...

Startup Watch solar power Uber

Egypt

Egypt ride hailing startup Ousta lands $1.25M bridge investment

Egyptian ride hailing startup Ousta has raised a $1.25 million investment, five months after its launch. The bridge round was funded by...

Egypt Ousta ride hailing

Egypt

Is Ousta Egypt's fastest growing startup ever? [Q&A]

[Update July 27: five months after launching Ousta is negotiating a $5.6 million investment round.] Ride hailing app...

ride hailing Ousta careem

U.A.E

Fare share: Uber and Careem set pace and purpose for MENA’s sharing economy

Innovation and regulation can often have a paradoxical relationship. Modern tech history has consistently highlighted the tug of war...

RTA Regulations careem

U.A.E

Balancing act: the UAE treads the line between regulation and innovation

In a 2013 article, internet industry analyst Larry Downes made a strong statement: innovation and regulation simply don’t...

Block Chain Council regulation MEMakersGE

Regional

Uber’s getting cuddly with KSA - but it’s not what you think [Opinion]

My initial reaction to Uber’s $3.5 billion round was: great! It is easy to frown upon the deal and question why the...

Public Investment Fund Opinion Arzan VC

Saudi Arabia

Saudi fund takes 5% stake in Uber for $3.5B

A Saudi Arabia fund has bought a 5 percent stake in Uber for $3.5 billion. The buy-in, by the Public Investment Fund (PIF),...

Public Investment Fund fundraising Uber

Egypt

Honeymoon over for Uber, Careem in Egypt?

A sudden surge in higher prices for Uber and Careem has taken Egyptians by suprise. (Image via Careem) The Egyptian honeymoon may be over...

regulation careem Uber

Regional

Sharing our way out of malaise: MENA and the sharing economy [Opinion]

A visual reprensentation of the concept that could transform the Middle East and North Africa. (Image via Meridian-180.org) In...

lending club Opinion careem

Maghreb

4 tips for digitalizing your market

Careem, Hmizate/Hmall, Jumia, Uber, and Avito discuss digitalization. (Image via @equartey) Africa is a big continent, yet in spite...

Seedstars Africa Avito Hmizate

Egypt

Elves and Uber, together for Valentines

Valentine’s Day can be stressful. Those behind new startup Elves have decided to team up with Uber to help clients who forgot...

Genie of Arabia Elves Elvesapp

Pakistan

What to do when the giants arrive [Opinion]

Visitors to Lahore from the Islamabad incubator i2i test out the Savaree service. (Images via Savaree) Madeeha Hassan, founder of...

taxi app ride sharing Lahore

Egypt

RiseUp Summit meets expectations, beats them

A closing keynote: how does entrepreneurship impact on the economy? Well, it depends who you ask. (Images via Rachel...

Oak Investment Partners YCombinator US Aid

Regional

Car-hailing app Careem raises $60M Series C

[Editor's note: This article has been updated to include details about Careem's peak pricing change.] Middle East-founded...

Wamda Capital Lumia Capital Abraaj Group

Lebanon

Marketplace Edition pulls in the entrepreneurs for Mix N’ Mentor Beirut

Getting to know you. Mix N' Mentor Beirut kicks off. (Images Wamda with Sam Fakhoury) Not too far from the location of recent...

ElementN Diwanee term sheets

Maghreb

Can Casablanca ban Uber?

Should we expect a taxi drivers strike soon? (Image via Ahmed Bousserhane) In a press release sent this morning, Uber says they’d like to “...

careem Uber morocco

Maghreb

Transportation options heat up as Uber launches in Casablanca

Just four to six Uber cars were available in downtown Casablanca Tuesday morning. This article was updated July 22 to...

iTaxi careem taxi service

Regional

Pitching on the open road: Uber brings MENA entrepreneurs and experts together in 5 cities

Entrepreneurs pitched their startups in cars they hailed through Uber's mobile app. (Image via Maysaa Ajjan) Pitching a business...

Arabnet digital showcase arabnet digital summit UberPITCH

Regional

UberPITCH: pitching competition for arabnet digital showcase

Uber and ArabNet are launching UberPITCH, a competition where entrepreneurs have 15 minute online pitch sessions for the chance to...

UberPITCH Uber Arabnet

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