Wamda

Egypt

Entlaq's new report highlights Egypt's agritech potential

Egypt’s agricultural exports are projected to hit $14 billion by 2030, according to Entlaq’s report titled “The...

Saudi Arabia

Saudi proptech ARK closes $1 million pre-Seed round

Saudi Arabia-based proptech ARKTECH has closed a $1 million pre-Seed investment round, led by Core Vision Investment. founded in 2023...

ARK Core Vision Proptech

U.A.E

GII adds $100 million to its capital to boost growth plans

UAE-based alternative investment company Gulf Islamic Investments (GII) has added an additional $100 million growth capital to the...

Gulf Islamic Investments GII

Jordan

ISSF commits $5 million to Rua Growth Fund

Jordan-based Innovative Startups and SMEs Fund (ISSF) has invested $5 million in Rua Growth I LP to invest in Jordanian startups Rua...

ISSF Rua Growth Fund

Saudi Arabia

Saudi Arabia’s Nabt raises $1.5 million Seed led by Merak Capital

Saudi Arabia-based foodtech Nabt has closed a $1.5 million Seed investment round, led by Merak Capital with the participation of other...

Nabt agritech foodtech

Qatar

Qatar’s Pass secures $2.7 million in its pre-Series A

Qatar-based delivery app Pass has raised $2.7 million in its pre-Series A funding round from undisclosed investors. Launched by the...

Pass Logistics

Saudi Arabia

Wa’ed Ventures earmarks $100 million to invest in Saudi AI sector

Aramco’s $500 million VC fund, Wa’ed Ventures, has allocated $100 million for early-stage AI investments to support...

Wa'ed Ventures Aramco AI

Palestine

Palestinian entrepreneurs draw attention at Expand North Star

Between 13-16 October, 18 Palestinian startups participated in the 2024 GITEX Expand North Star Conference in Dubai. This event offered...

Expand North Star

Saudi Arabia

TGE raises $450,000 investment from Adaverse

Saudi Arabia-based Web3 provider Tharawat Green Exchange (TGR) has raised $450,000 in investment from Adaverse, a Saudi Web3 and...

TGE Tharawat Green Exchange Adaverse

Regional

Google launches “AI First” startup accelerator in MENA

Tech giant Google has launched its Google for Startups Accelerator: AI First programme during an event at the Dubai Future Foundation...

Google Google for Startups Accelerator AI First

Kuwait

Kuwaiti edtech Tadarab expands into Saudi Arabia

Kuwait-based edtech Tadarab has expanded into Saudi Arabia as part of its strategic plan to meet the growing demand for online education...

Tadarab EdTech

Morocco

Morocco’s Colis.ma secures $300,000 pre-Seed from Witamax

Morocco-based cross-border logistics startup Colis.ma, a leading Moroccan startup has closed its pre-seed funding round at $300,000 from...

Colis.ma Logistics WitaMax

Egypt

South Africa’s Pargo expands to Egypt with $4 million fresh investment

South Africa-based e-commerce logistics startup Pargo has expanded into the Egyptian market after raising $4 million in investment, led...

Pargo Logistics E-commerce

Regional

MENA e-commerce grew by 80% since 2020, Checkout.com's report suggests

The digital commerce in MENA in recent years saw digital payment volumes grow by 658% since 2020, according to Checkout.com’s...

Checkout.com E-commerce digital payment

Egypt

Egypt's Viridia Tech wins 2024 Mega Green Accelerator grand prize

Egypt-based agritech Viridia Tech has been named the overall winner of the 2024 Mega Green Accelerator, awarded the $100,000 grand prize...

Viridia Tech 2024 Mega Green Accelerator Pepsico

U.A.E

UAE’s proptech Prypco raises $10 million Seed round

UAE-based proptech Prypco has raised $10 million in a Seed funding round, led by Shorooq Partners, with participation from Apparel Group...

Prypco Shorooq Partners

U.A.E

invygo pursues profitability after raising $8 million Series A extension

Saudi Arabia-headquartered mobility startup invygo has raised an $8 million Series A extension provided by STV’s newly launched...

Invygo STV mobility

U.A.E

UAE’s Best Kept Shared acquires BAZAARA

UAE-based e-commerce platform Best Kept Shared has acquired the UAE’s peer-to-peer (P2P) fashion resale platform BAZAARA for an...

Bazaara Best Kept Shared Fashion

Saudi Arabia

SWVL joins Saudi Arabia's regional headquarters scheme

The mobility giant Swvl has joined Saudi Arabia's Regional Headquarters (RHQ) Programme and launched its HQ in the Saudi capital of...

Swvl mobility

Saudi Arabia

HALA Payments joins Saudi Unicorns Programme

Saudi Arabia-based fintech HALA Payments has been selected to join the Saudi Unicorns Programme. Through the Saudi Unicorns...

HALA Payments Fintech Saudi Unicorns Programme

Saudi Arabia

Saudi B2B fintech Mala secures $7 million pre-Seed

Saudi Arabia-based fintech Mala has closed a $7 million pre-Seed funding round, led by VentureSouq and Shorooq Partners, as well as M...

Mala Fintech Venture Souq

U.A.E

Abhi closes $15 million debt round led by Shorooq Partners

UAE-headquartered fintech Abhi has secured $15 million in debt financing led by Shorooq Partners and Amplify Growth...

Abhi Shorooq Partners Amplify Growth Partnership

Saudi Arabia

JARAS Hospitality secures $666,000 pre-Seed

Saudi Arabia-based JARAS Hospitality has closed a $666,000 pre-Seed, led by undisclosed angel investors. Founded in 2023 by Ahmed Al...

JARAS Hospitality hospitality

Saudi Arabia

SVC pledges $15 million to Vision Ventures' Saqr Fund II

Saudi Venture Capital (SVC) has invested $15 million in Vision Ventures' Saqr Fund II venture capital fund. Saqr Fund II, with a...

Vision ventures SVC Saqr Fund II

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