Wamda

U.A.E

Abu Dhabi unveils a $13.6 billion program to grow public and private sectors and boost SMEs

Abu Dhabi Economic Vision 2030 has put forward the need to build a resilient infrastructure that supports economic growth and develops a...

smes abu dhabi

Regional

Ureed partners with Altibbi to provide medical and health content online

Editing and linguistic startup Ureed has recently signed a strategic partnership agreement with medical website Altibbi to produce medical...

Ureed AlTibbi Arabic Content

Global

Chinese mobile internet company to boost its presence in the MENA region following a Series A round

OneMena, a China-based mobile internet company, has recently raised a Series A financing round led by IDG Capital and Kuaishou, the latter...

Onemena china MENA

Turkey

What does Turkey’s currency dip mean for local startups?

In recent news, Turkey’s lira has marked a record-breaking plunge. At the time of writing, the Turkish lira is now down to TL 4.57...

Turkish Lira turkey modanisa

Global

Mobile game developer Zynga acquires Gram Games in a $250M deal

Zynga Inc., a leading social game developer, announced it has acquired privately-held mobile game developer Gram Games for $250 million in...

Zynga Gram Games acquisition

U.A.E

Workers’ safety and tracking device WakeCap raised $300K

WakeCap, raised $300,000 from CCC (Consolidated Contractors Company), a construction group with projects across Middle East, Asia and...

uae WakeCap Investment

Global

Chinese ecommerce Jollychic gets funding from Sequoia Capital, hits a reported $1 billion valuation

Jollychic, a Chinese online store founded in 2012, has a value of $1 billion after a Series C round from the global venture firm Sequoia...

Sequoia Capital Jollychic ecommerce

Egypt

Egyptian software company raised $300K from Saudi investors

Entlaqa, a software company, raised a $300,000 funding from Salem ben Saleh Ba Wazier and Mohamed ben Saleh Ba Wazier, two KSA-based...

Egypt ksa SAAS

U.A.E

The StartUp Studio, a new partnership venture bringing corporate business and startups together

Media agency Mindshare MENA, and STEP Group announced this week The StartUp Studio, a new program which will facilitate partnerships...

STEP Group Mindshare Startup studio

Lebanon

Three students teams awarded by Theemar Tripoli Investment Fund

Theemar Business Idea Competition’s (TBIC) final event was held on Saturday May 12 at AZM Educational Campus. TBIC is a...

lebanon Theemar Tripoli startups

Saudi Arabia

Insurance startup Aqeed raises $18 million, launches officially

Having raised a USD $18 million from its corporate shareholders in a landmark Series A round of funding, Aqeed.com, an insurance aggregator...

Aqeed Series A

U.A.E

Abu Dhabi-based Krypto Labs Announces the Winner of the Drone Innovation Start-Up Contest 2018

Krypto Labs, the global incubator for startups, announced that Voliro, from Switzerland - a startup focusing on omnidirectional drones for...

Krypto Labs

Lebanon

Meet the winner of Beirut Editors Lab

On April 27 and 28 April, the Global Editors Network, in partnership with the International Center for...

competition

Saudi Arabia

Riyadh-based startup Syarah raises $2 million from BECO Capital, Raed Ventures and Vision Ventures

Riyadh-based startup Syarah closed a new round of USD $2 million in investment in Series A. The round was led by BECO Capital, as...

Investment Series A

Egypt

Seedstars announces the opening of their first hub in Egypt

Seedstars, a swiss-based company that brings together key stakeholders focused on driving technological change in emerging markets, opend...

seedstars cairo

U.A.E

Abu Dhabi’s travel and tourism leaders award $100k to four Fikra Labs winners

One month after announcing the 12 shortlisted startups to join a four-week training by Fikra Labs, an acceleration programme for the travel...

Fikra Labs acceleration abu dhabi

U.A.E

Apps to locate missing refugees and tackle counterfeit medicine win NYU Abu Dhabi’s International Hackathon

Dawa, an application designed to tackle counterfeit medicine in the region using blockchain based pharmaceutical distribution, and Boosala,...

NYU Abu Dhabi

Syria

Three teams won in Startup Weekend Homs

Over three days, and starting April 20, 2018, Startup Weekend Homs team held a Techstars Startup Weekend event at Jouri Hall in Al-Malaab...

syria Startup Weekend techstars

U.A.E

Four startups from the travel and tourism industry won Intelak’s third cohort

Four Dubai-based startups aiming at transforming the aviation, travel, and tourism industries graduated on April 30 from the...

uae Intelak GE

Lebanon

Fabric Aid won the first edition of the ‘Get in the Ring Beirut’ competition

Fabric Aid, a startup which enables underprivileged people to get decent clothing at affordable prices, won the first edition of the...

lebanon SmartEx Get in the Ring Beirut

Egypt

Egyptian online fashion rental platform raises $1M from Algebra Ventures and 500 Startups

La Reina, an Egyptian online platform for rental couture, announced receiving $1 million in a Series A funding round led by Egypt’s...

Egypt La Reina Algebra Ventures

U.A.E

Hospitality veteran invests $4M in Dubai-based virtual hotel startup to drive its expansion plan

MaisonPrive, a ‘virtual hotel’ operator that offers luxury apartments and villas to business and leisure visitors to Dubai,...

uae Funding MaisonPrive

U.A.E

Abu Dhabi’s Mubadala acquires minority stake in NY-based Phoenician Capital

Abu Dhabi-based Mubadala Investment Company acquired a minority stake in the general partner of Phoenician Capital, a New York-based...

uae Mubadala Investment Company acquisition

Regional

10 winning teams from 7 Arab countries at MIT Enterprise Forum Pan Arab’s 11th edition of the Arab Startup Competition

The MIT Enterprise Forum (MITEF) of the Pan Arab Region announced the winners of the 11th edition of the Arab Startup Competition. This...

MITEF Arab Startup Competition Oman

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