Wamda

Kuwait

Kuwait launches fintech sandbox

Source: Reuters Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial...

Fintech kuwait

U.A.E

Fintech Hive to partner with Hong Kong's Cyberport

Dubai’s Fintech Hive is set to partner with Hong Kong’s technology hub, Cyberport, to enable financial technology (fintech)...

Fintech Hong Kong Fintech Hive

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

Saudi Arabia

What we learned at Misk Global Forum

Few anticipated the turnout at this year’s Misk Global Forum (MGF) in Riyadh. The Bill and Melinda Gates Foundation pulled its...

MiSK Misk Global Forum Youth

U.A.E

WakeCap secures $1.6 million

WakeCap, the UAE-based construction technology startup has closed $1.6 million in seed investment from a group of global investors...

Construction IoT Hardware

Kuwait

Arabnet Kuwait chooses top three startups

The third edition of Arabnet Kuwait concluded with three startups qualifying to compete regionally in Arabnet’s Digital Summit in...

kuwait competition Arabnet

U.A.E

Mumzworld closes $20m Series B round

Mumzworld, the Dubai-based e-commerce shopping platform for mothers across the Middle East and North Africa (Mena) region has closed its...

Mumzworld ecommerce

Oman

Careem resumes service in Oman

Careem has re-launched its services in Muscat after partnering with local taxi operator, Marhaba Taxi. The UAE-based ride-hailing app...

Muscat careem

Egypt

Currency devaluation slows down Egyptian startups

Egypt’s economic woes and subsequent currency devaluation have had a knock-on effect on the country’s startup ecosystem....

Egypt Ecosystem

Regional

Impatient game-changers: millennials are changing economies and shaping e-commerce

Millennials are responsible for the rise of new digital trends according to MENA’s Millennials Decoded report conducted by research...

millennials Ipsos ecommerce

Regional

Vezeeta secures $12m in series C

Egypt-based healthcare company Vezeeta has raised $12million in a Series C round led by Saudi Technology Ventures (STV). Launched in...

Healthcare Series C

Saudi Arabia

Taqadam announces six winners

Saudi Arabia’s startup accelerator Taqadam has picked six winners after an intensive eight-month acceleration programme, awarding...

KAUST Taqadam

Egypt

Egyptian startup Aqarmap raises a round from Wamda Capital, KISP and Raed Ventures

Aqarmap.com, an online real estate marketplace in Egypt, closed a funding round from UAE-based Wamda Capital, Kuwait-based KISP Ventures,...

Aqarmap Raed Ventures Wamda Capital

U.A.E

EmTech MENA in Dubai

EmTech conferences are held in seven regions of the world including the flagship EmTech MIT conference in the MIT Media Lab in...

Iraq

New startup academy launches in Erbil

Re:Coded is a new tech entrepreneurship academy which launched in Erbil. Running throughout September 2018, the Academy will focus on...

academy Re:Coded Education

Regional

Crowd Analyzer secures $1.1 million, looks to scale to Saudi Arabia and MENA

Crowd Analyzer, the Dubai-based data intelligence provider and Arabic-focused social media monitoring platform, has received pre-Series A...

Crowd Analyzer Investment

Regional

The Luxury Closet raises $8.7 million in its third round of investment

After raising USD $7.8 million in Series B in September 2016, online platform The Luxury Closet for buying and selling pre-owned...

The Luxury Closet Investment Success Stories

Regional

Arabic content platform Mawdoo3 raises $13.5m from British and American VCs

Mawdoo3.com (‘Mawdoo3’), a leading online Arabic platform from the region, has recently completed a US $13.5 million...

Mawdoo3 series B Investment

Egypt

Jordan's POSRocket raises $1.5 million in a round led by Algebra Ventures

POSRocket, a cloud-based POS Jordanian startup, has announced $1.5 million in a funding round led by $50 million Cairo-based venture...

Algebra Ventures KISP Ventures Arzan VC

Saudi Arabia

Saudi accounting solution startup Qoyod closes a Seed round from Arzan VC

Qoyod, an accounting cloud solution for small and medium businesses in Saudi Arabia, has recently raised an undisclosed Seed round from...

Qoyod Saudi Arabia Arzan VC

Regional

Udacity introduces a Blockchain developer nanodegree programme for the region

Online classes platform Udacity, the education technology company brought to the region from Silicon Valley, has announced its new...

Udacity Blockchain

Global

What does Careem’s expansion to Sudan mean for local players?

Sudan, a country with a population of around 40 million, has gone both unnoticed and untouched by regional and international tech players,...

careem Sudan Expansion

Saudi Arabia

Saudi Arabia and the UAE’s new partnership and what it means for startups

On Wednesday, the UAE and Saudi Arabia have announced a strategic partnership in 44 projects called The Strategy of Revolve. The...

SME Authority Strategy of Resolve

Bahrain

Restaurant booking app Eat receives funding from MEVP

Eat, MENA-based restaurant reservation platform, has recently closed a funding round from Middle East Venture Partners (MEVP) for an...

eat MEVP Investment

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