Wamda

Regional

What is next for Careem's mobility of money?

Careem remains one of the Middle East’s biggest success stories, inspiring a legion of entrepreneurs and generating one of the...

Careem Pay careem Fintech

U.A.E

The venture builder helping female-led agritechs scale beyond the desert

The female share in the agricultural workforce in the Middle East and North Africa (Mena) hovers around 30 per cent, making the sector one...

agritech Dana Global

Oman

Carzaty: The realistic exit

The used car market is worth over $16 billion in the GCC alone, but it is a highly fragmented sector, with mostly small resellers and...

Carzaty Oman marketplace

U.A.E

Moove raises $30 million from debut sukuk for UAE expansion

Nigeria-based mobility fintech and Moove is raising $30 million through its first Sukuk issuance arranged by Franklin Templeton...

Moove Nigeria Mobility Fintech

Egypt

Nawah Scientific: Pivoting its way to expansion

Startups go through several changes within their first few years in operation as founders struggle to find and validate their product...

deeptech Nawah Scientific

U.A.E

VUZ raises $20 million Series B investment

UAE-based social app VUZ has raised $20 million in Series B investment, from Caruso Ventures, Vision VC Fund, e& capital, Dubai...

VUZ Social App XR

Egypt

Vezeeta raises undisclosed growth funding

Egypt-based healthtech Vezeeta has raised an undisclosed amount of growth funding, from Abu Dhabi-based Gulf Capital and Sweden-based...

Vezeeta Gulf Capital healthtech

U.A.E

LinkedIn reveals top UAE startups for 2022

LinkedIn has announced its annual ranking of the top 10 UAE-based startups that have demonstrated exceptional growth in the past year...

LinkedIn startups

Egypt

Tabby partners with Paymob to offer BNPL to Egyptian retailers

UAE-based fintech Tabby, has partnered with Egypt’s digital payment solution fintech Paymob to create a seamless buy now pay later...

Tabby Paymob BNPL

Egypt

Egypt’s mental health startup Shezlong expands to South Africa

Egypt-based healthtech startup Shezlong, has announced the expansion of its business to South Africa under the brand name of...

shezlong

Regional

Mena to witness more than 45 unicorns by 2030, STV report

Mena is set to witness the birth of more than 45 unicorns in the next eight years, with an estimated total equity value to reach more...

STV Fintech Unicorn

U.A.E

Dukkantek expands to six new markets

UAE-based store management platform Dukkantek, has expanded to six additional markets besides the UAE, including Kuwait, Qatar, Bahrain,...

Dukkantek

U.A.E

Majid Al Futtaim launches new accelerator to support regional SMEs

UAE-based retail group Majid Al Futtaim and AstroLabs have launched Majid Al Futtaim Launchpad, an accelerator programme that aims to...

Majid Al Futtaim Astrolabs accelerator

Saudi Arabia

Endeavor launches report on state of Saudi startup ecosystem

A report published by Endeavor Saudi Arabia highlights the rapid growth of the country's startup sector. Riyadh’s tech...

Endeavor Mapping The Riyadh Tech Sector

Regional

Retailo acquires UAE's DXBUY

Saudi Arabia-based B2B marketplace Retailo has acquired UAE-based DXBUY for an undisclosed amount. The acquisition is part of...

Retailo DXBUY

Global

SWVL acquires German mobility software startup door2door

Dubai-based mobility startup SWVL, has acquired Berlin-based public mobility solutions provider door2door for an undisclosed...

Swvl

U.A.E

Quiqup receives $1.36 million loan from MBRIF

UAE-based last-mile delivery provider Quiqup has raised $1.36 million as a guarantee for a loan from The Mohammed Bin Rashid Innovation...

Quiqup q-commerce MBRIF

Egypt

Milezmore raises $5 million pre-Seed round from Brimore

Cairo-based logistics provider Milezmore has raised a $5 million pre-Seed round from Brimore, a social commerce startup based in...

Brimore Milezmore

U.A.E

UAE’s Postpay partners with CBD for debt financing

UAE-based fintech Postpay has a signed a debt financing deal with the Commercial Bank of Dubai (CBD) to enhance its suite of financial...

Postpay CBD BNPL

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Egypt

Mozare3: Enabling small farmers in Egypt to become bankable

The agriculture sector is the largest employer in Egypt; nearly 28 per cent of the total workforce work in agriculture, according to USAID....

Agtech Mozare3

Kuwait

Dawrat expands to KSA

Kuwait-based edtech Dawrat has announced its expansion to Saudi Arabia. Dawrat, founded by Mohamed Al Srayea and Yousef Bonashi in...

Dawrat EdTech

U.A.E

CARS24 raises $20 million debt funding from CBD

India-based automotive e-commerce platform CARS24 has raised Dh75 million ($20 million) in local debt funding from the Commercial Bank...

CARS24 Commercial Bank of Dubai

Egypt

Egypt’s Homzmart expands to Saudi Arabia

Cairo-based furniture marketplace Homzmart, has announced the expansion of its operations into Saudi Arabia. Founded in...

Homzmart furniture Expansion

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