Wamda

U.A.E

Udrive raises $5 million

Dubai-based pay-per-minute car rental app Udrive has raised a $5 million funding round from a group of undisclosed investors. Over the...

udrive car rental

U.A.E

Abu Dhabi reduces company setup fees by 90 per cent

Abu Dhabi is slashing business setup and licence renewal fees for the private sector by almost 90 per cent. The reduced fees will...

abu dhabi ADDED

U.A.E

Clara raises investment from DIFC, opens office in Dubai

UK-based legaltech startup Clara will open an office in Dubai after raising investment from the DIFC’s Fintech Fund. The...

Clara Legaltech

U.A.E

Liquidity Capital, Yas Investment launch $100 million venture debt fund in UAE

US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million venture debt fund in Abu Dhabi...

Liquidity Capital Yas Investment venture debt fund

U.A.E

Can Dubai become the capital for next-gen healthtech startups?

Marwan Abdulaziz Janahi is the managing director of Dubai Science Park Medical innovation has surged as the world’s greatest minds...

Dubai healthtech

Global

Majarra raises funding from US-based North Base Media

UAE-based Arabic content platform Majarra has raised an undisclosed investment from US-based VC fund North Base Media. The funding round...

Majarra Content Portals

U.A.E

Arrow Labs raises $5 million in Series A

Arrow Labs, a UAE-based technology company uniting deskless and frontline workers, has raised a $5 million Series A round, led by...

Arrow Labs Series A

U.A.E

Healthtech platform selfologi raises $17.5 million

Dubai-based healthtech selfologi has raised $17.5 million in a round led by angel investor Tamer A Wali in participation with Xenel...

healthtech selfologi

U.A.E

Healthtech Sehteq raises $3 million in debt financing

Dubai-based healthtech Sehteq has secured $3 million in venture debt led by 971 Capital. Launched in 2018 by Noor Al Kamil...

Sehteq healthtech

U.A.E

Opontia: Enabling e-commerce brands to go global

The GCC region is one of the fastest-growing e-commerce markets in the world according to a report from Dubai’s CommerCity, with...

e-commerce enablement E-commerce Opontia

U.A.E

UAE launches national programme for coders

The UAE has unveiled a national programme to train 100,000 coders and set up 1,000 digital companies over the next five years. It also...

Google Coding

U.A.E

Global Ventures invests in insurtech Democrance

UAE-based insurtech startup Democrance has raised an undisclosed investment round, led by UAE VC firm Global Ventures with participation...

Global Ventures Insurtech Democrance

Egypt

C3 graduates its third accelerator programme

Social impact accelerator C3 has concluded its third accelerator programme. Egypt’s Baramoda won the contest for an...

HSBC C3

Global

Global Ventures participates in Nigeria-based teamApt's Series B funding round

UAE-based venture capital firm Global Ventures has participated in Nigeria-based fintech startup teamApt's Series B funding round,...

Global Ventures TeamAPT

U.A.E

Arab Financial Inclusion Innovation Prize

The Arab Financial Inclusion Innovation Prize (AFIIP) 2021 is well underway and scouting for solutions that can improve access to and...

Regional

Localization Strategy Made Simple

One-size-fits-all English content and experiences are no longer sufficient. According to a study by Common Sense...

U.A.E

Kitopi raises $415 million in Series C led by Softbank

UAE-based cloud kitchen platform Kitopi has raised $415 million in a Series C round led by SoftBank Vision Fund 2 with...

Kitopi cloud kitchen Softbank Vision Fund

U.A.E

IoT startup iWire raises $34 million Series A round

UAE-based internet of things (IoT) startup iWire has raised a $34 million Series A funding round, led by Noor Capital with participation...

iWire IoT

Saudi Arabia

Why Mumzworld is a unique story for the Arab region

The Mumzworld story is a triumph for e-commerce startups and the entrepreneurial ecosystem in the Arab region. The journey of the two...

Mumzworld

U.A.E

Postpay secures $10 million investment from AP Ventures and Afterpay

Dubai-based buy now pay later (BNPL) startup Postpay has secured $10 million in equity investment, led by AP Ventures and...

BNPL Postpay Fintech

Bahrain

UAE’s Shorooq Partners acquires Bahrain’s Autarky Capital

UAE-based venture capital firm Shorooq Partners has acquired Bahrain-based investment and advisory firm Autarky Capital for an...

Shorooq Partners Autarky Capital acquisition

U.A.E

UAE’s Cashee raises $1 million pre-Seed

UAE-based fintech startup Cashee raised a $1 million pre-Seed funding round. Founded by Smeetha Ghosh and Brad Whittfield, Cashee...

Cashee EdTech Fintech

Saudi Arabia

Saudi Arabia’s Tamer Group acquires majority stake in Mumzworld

Saudi Arabia’s Tamer Group, a healthcare distributor and logistics company has acquired a majority stake in UAE-based e-commerce...

acquisition news Mumzworld

U.A.E

eyewa closes $21 million Series B

UAE-based eyewa has closed its Series B funding round, raising $21 million. The round was co-led by Kingsway and Nuwa Capital, with...

eyewa series B

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