Wamda

U.A.E

Chimera Capital closes first VC fund at $75 million

UAE-based Chimera Capital Ltd has closed its first venture capital fund at $75 million, backed by Mubadala Investment Company alongside...

Chimera Capital fund

U.A.E

Shorooq Partners leads seed round for QuickBus

UAE-based Shorooq Partners has led the seed funding round for Kenya-based online marketplace ticketing system QuickBus. Shrooq...

bus Booking application

U.A.E

Dubai Council launches Dubai Future District and $272 million fund

Source: Mubasher Dubai is set to launch a new stock market and a AED 1 billion ($272,265,200) fund to support new-economy companies,...

Dubai future district

Saudi Arabia

Saudi government to support up to 50 per cent of salaries in private sector

Source: News1 The Human Resources Development Fund launched “Hadaf”, a campaign (# goal_ supports you), directed to private...

saudi Employment fund

Saudi Arabia

Saudi Aramco plans $500 million fund

Source: The National Saudi Aramco Energy Ventures, a subsidiary of the kingdom’s state-owed oil producer, is planning to set up a...

energy oil & gas fund

Oman

Muscat Bank announces new $100 million fintech investment programme

Source: Fintech News BBank Muscat announced that the Central Bank of Oman has approved the bank’s request to launch a $ 100...

Investment fund Bank

U.A.E

QiDZ raises $1 million in seed round

Source: Gulf News QiDZ, a one-stop destination for kids-related fun, education and entertainment in the UAE, announced earlier today...

Education kids Entertainment

Bahrain

Al Salam Bank and China's MSA Capital launch $50 million regional venture fund

Source: The National Al Salam Bank-Bahrain has partnered with China's MSA Capital to launch a new, $50 million (Dh183.6m) venture...

fund china Investment

Egypt

Botme raises six-figure in seed funding

Source: MenaBytes Botme, a Cairo-based chatbot building platform has raised six-figure seed investment, the startup...

chatbot AI seed

U.A.E

A.R.M. Holding launches a Dh10 million 10-year fund

Dubai-based A.R.M. Holding announced that it has established a Dh10 million ($2,722,719 million) 10-year fund, dedicating Dh1 million...

fund talents grad

Regional

Modus Capital launches a $75 million regional fund

Modus Capital, a New York-based venture capital firm, has announced the launch of its first regional fund, Modus Mena Venture Fund I...

regional fund Investment

Saudi Arabia

Riyad Bank launches new fintech fund

Source: Asharq Al-Awsat Riyad Bank has announced on Tuesday the launch of its Digital Partnership Program and its association with a...

Fintech fund ksa

Regional

Mubadala announces $250 million fund for Mena startups

Source: CNBC Abu Dhabi is doubling down on its push into the technology sector with a $250 million investment to support start-ups from...

fund MENA AbuDhabi

Bahrain

Al Waha invests in Beijing-based MSA Capital

Bahrain’s Al Waha Fund of Funds has announced an undisclosed amount of investment in Beijing-based MSA Capital in its first...

fund Bahrain china

Egypt

Hive raises $400,000 in seed funding

Source: MenaBytes Hive, a Cairo-based ride-hailing platform for kids has raised $400,000 in seed funding, the startup...

seed fund ride hailing

Egypt

ExpandCart raises $150,000 in funding

Source: Disrupt Africa Egyptian e-commerce startup ExpandCart has secured US$150,000 in funding after being selected into the Hong...

fund accelerator E-commerce

Egypt

Sprint raises six-figure in seed funding

Source: MenaBytes Cairo-based logistics startup Sprint has raised six-figure (USD) seed funding from an angel investor, the startup...

Egypt seed fund

Tunisia

International Finance Corporation invests $1 million in Flat6Labs Tunis

Source: MENAbytes International Finance Corporation (IFC), a member of the World Bank Group has announced that it is investing $1...

news fund tunisia

Tunisia

Dabchy raises $300,000 in seed fund

Source: MenaBytes Dabchy, a Tunis-based peer-to-peer (P2P) fashion marketplace has raised $300,000 in a seed round led by 500 Startups...

Fashion seed fund

U.A.E

Shorooq Partners invests in Teacherly

Shorooq Partners has invested in UK-based, education technology (edtech) platform Teacherly in seed funding for an undisclosed...

EdTech seed fund

U.A.E

UAE's Masdar, UK government invest $86 million in green technology fund

Source: Zawya Abu Dhabi Future Energy Company (Masdar) together with the UK government have invested £70 million ($86.48 million)...

Technology fund uae

U.A.E

Foloosi raises $500,000 in seed round

UAE-based financial technology (fintech) startup Foloosi has raised $500,000 in seed funding from existing investor Rasheed Alfalasi along...

seed fund Fintech

Egypt

Doctoorum raises seed funding

Source: Trade Arabia Numu Capital, a Dubai-based venture capital firm, has announced its investment in Doctoorum - a curated...

seed fund Medical Tourism

Egypt

Trolley raises $200,000 in seed fund

Source: MenaBytes Cairo-based grocery delivery platform Trolley has raised $200,000 as seed funding, the startup...

news seed fund

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