Wamda

U.A.E

Wamda invests in freelance marketplace Ureed.com

Wamda, the Middle East region's leading startup ecosystem enabler, has participated in Ureed.com’s seed funding round along with...

Ureed wamda seed

U.A.E

KRISPR raises $600,000 pre-seed

UAE-based urban indoor vertical farming startup KRISPR, has raised $600,000 in pre-seed funding from Dubai-based family office...

Vertical farming agritech

Saudi Arabia

Munch:On - Going beyond lunch

Most food delivery platforms witnessed a slowdown in business once lockdown came into effect. Working from home gave people enough time to...

Lunch:On Munch:On

Global

Fincasa Ventures invests $50 million in US-based MediSponsor.Inc

Source: Zawya Fincasa Ventures, a UAE Based advisor to Multi-Royal-Family fund Houses has invested 50 million USD into MediSponsor.Inc -...

Fincasa Ventures MediSponser

U.A.E

Steppi raises $720,000

UAE-based Steppi, a corporate health and community engagement platform that encourages users to be more active by allowing them to...

health tech Steppi

Regional

Edtech and its roadmap to new realities

Wamda, in partnership with Columbia Global Centers, is hosting an online panel discussion, ‘Edtech and its roadmap to...

Global

W3BCLOUD raises $20.5 million

W3BCLOUD, a joint venture between US-based Advanced Micro Devices and ConsenSys, announced today that it has completed its initial close of...

W3BCLOUD ethereum ConsenSys

U.A.E

KBW Ventures invests in TurtleTree Labs seed round

UAE-based KBW Ventures, the venture capital (VC) firm founded by Saudi Arabia’s Prince Khaled bin Alwaleed, has participated in a...

KBW Ventures

U.A.E

Raising the bar for women’s healthcare

Investment in the Middle East and North Africa (Mena) healthcare sector is booming. Over $144 billion will be ploughed into Mena-wide...

healthtech

U.A.E

Clip the Deal raises seven figure Series A funding

Dubai-based digital grocery coupons and deals platform Clip the Deal, has raised a seven-figure Series A investment round led by Optiscape...

Clip the Deal ecommerce NB Ventures

U.A.E

ADIO invests $5 million in Shorooq Partners’ Bedaya Fund

Source: WAM The Abu Dhabi Investment Office, ADIO, has invested in the Bedaya Fund to increase access to capital for promising startups...

ADIO Bedaya fund

U.A.E

Al Tayer shuts online retailer Nisnnass

Source: Arab News UAE-based Al Tayer Group has announced that e-tailer Nisnass will close down from July 16. The parent company...

Nisnass etailer covid-19

U.A.E

Rizek raises $3.5 million in seed funding

Source: Trade Arabia Abu Dhabi-based service marketplace Rizek has announced that it has raised $3.5 million in one of the largest seed...

Rizek ADIO ecommerce

Turkey

TPAY Mobile acquires Turkey's Payguru

Source: Zawya UAE-based FinTech firm TPAY Mobile is acquiring 100 percent stake in Turkey’s mobile payment platform Payguru, it...

Payguru TPay Fintech

Saudi Arabia

Wahed Raises $25 million

Source: Forbes Wahed, the ethical investment fintech for Muslim investors, raised $25 million in venture funding with proceeds being...

Wahed Ethical invetment Islamic economy

U.A.E

Tabby raises $7 million and expands to Saudi Arabia

UAE-based Tabby, a buy now, pay later financial technology (fintech) startup, has raised $7 million to fund its growth and launch its...

Tabby Fintech

U.A.E

DIFC invests in four fintech startups

Source:Techradar Dubai International Financial Centre (DIFC), an international business hub in the Middle East, Africa and South Asia...

DIFC Fintech

Egypt

Payfort launches Dh1 million initiative to support startups

Source: Arabian Business Payfort, a subsidiary of retail giant Amazon, has launched a AED1 million ($272,000) initiative in the UAE...

Amazon Payfort

Global

Dubai family office invests in India's iNurture

Source: Vccircle Bengaluru-based ed-tech startup iNurture Education Solutions Pvt. Ltd, a provider of formal higher education programmes...

Dubai family office iNurture

U.A.E

EMPG reveals details of merger with OLX

Source: Emirates News Agency Dubai-based Emerging Markets Property Group, EMPG, and OLX Group, owners of home grown technology firms...

EMPG Dubizzle OLX

U.A.E

How local businesses support the economic fabric of countries

By Miguel Angel Povedano, chief commercial officer at Majid Al Futtaim Retail The magnitude, complexity, and socioeconomic...

Majid Al Futtaim Holding Majid Al Futtaim

U.A.E

Dubai SME allocates Dh20 million in loans

Source: The National Dubai SME, a part of Dubai Economy, allocated Dh20 million to a capital guarantee scheme backing peer-to-peer loans...

Dubai SME smes

U.A.E

ADQ launches Dh1.1 billion fund to invest in Asian startups

Source: The National ADQ, one of the region’s largest holding companies, launched a Dh1.1 billion ($300 million) venture fund to...

Masdar City abu dhabi

U.A.E

Ziina secures $850,000 in pre-seed round

Ziina, the UAE-based social peer-to-peer (P2P) payment application, has raised $850,000 in a pre-seed funding round. The investment was led...

Fintech Ziina

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