Regional How to build national tech champions By Wissam Abdel Samad, Tarek El Zein, Ramzi Khoury, and Chady Smayra, partners with Strategy& Middle East, part of the PwC... Thought Leadership • 25 May, 2022 strategy
Regional Kitopi raises $300 million Series C round extension UAE-based cloud kitchen operator Kitopi, raised an additional $300 million in its Series C round late last year, extending the... News • 12 May, 2022 Kitopi
Regional Mena startups raised $297 million in April 2022 Startups in the Middle East and North Africa region (Mena) raised $297 million across 29 deals in April 2022 a drop of just $2 million... Wamda • 12 May, 2022 Investment
Regional SWVL acquires Turkish B2B mobility startup Volt Lines Dubai-based mobility startup SWVL, has acquired Turkey-based B2B mobility startup Volt Lines. Founded in 2017 by Aly Halabi, Volt... News • 26 April, 2022 Swvl
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... News • 22 April, 2022 Retailo DXBUY
Regional How can Mena build a deeptech ecosystem? Amr Awadallah is an Egyptian born computer scientist and entrepreneur based in Silicon Valley. What’s particularly interesting about... Wamda • 21 April, 2022 podcast Amr Awadallah
Regional FOODICS raises $170 million Series C round for expansion FOODICS, a Saudi Arabia-based fintech and foodtech platform, has raised $170 million in a Series C round, co-led by Prosus and Sanabil... News • 20 April, 2022 Foodics
Regional Startups in Mena raised $299 million in March 2022, pushing Q1 funding to $934 million Startups in the Middle East and North Africa region (Mena) raised $299 million across 79 deals in March 2022, a 22 per cent decrease... Wamda • 14 April, 2022 Investment
Regional Footballco acquires Kooora for $25 million Footballco, a UK-based digital media company focused on football, has acquired UAE-based online sports content startup Kooora, in a deal... News • 13 April, 2022 Kooora
Regional ESCWA launches e-commerce acceleration programme for Arab SMEs The United Nations’ ESCWA has launched an e-commerce Acceleration Programme (eCAP) to empower Arab SMEs. The eCAP programme will... News • 07 April, 2022 ESCWA E-commerce acceleration
Egypt Three Egyptian banks launch $85 million MEA-focused fintech fund Three major Egyptian banks have launched a fintech fund in partnership with Global Ventures. Banque Misr, National Bank of Egypt, and... News • 20 March, 2022 Khazna Nclude Mozare3
Regional This is the year cryptocurrency will come of age in the Middle East Areije Al Shakar is the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund of Funds Banks... Thought Leadership • 17 March, 2022 crypto cryptocurrency Al Waha Fund of Funds
Regional Mena startups raised $375 million in February 2022 Startups in the Middle East and North Africa region (Mena) raised $375 million across 81 deals in February 2022, a 51.6 per cent increase... Wamda • 10 March, 2022 investments
Regional Why is there a lack of investment in startups founded by women? In January and February of 2022 alone, startups in the Middle East and North Africa (Mena) raised $622 million. To have broken the half a... Wamda • 08 March, 2022 women entrepreneurs Investment
Regional Mena’s startup euphoria is more fragile than it looks Tarek Sakr is a former investment banker and CEO of Kuwait’s largest classifieds company – 4Sale Market participants are now... Thought Leadership • 07 March, 2022 valuations
Regional How have NFTs impacted the Middle East’s art world? Rarely a day goes by without the announcement of a new NFT [non-fungible token] project, artwork or even a culinary digital... Triska Hamid • 03 March, 2022 NFT crypto
Regional What we learned at Step's tenth show in Dubai It has been 10 years since Step held its first startup conference and festival in Dubai, a time when the entrepreneurship sector in the... Triska Hamid • 25 February, 2022 STEP
Regional A breakdown of Mena exits in 2021 Last year, 39 startups based in the Middle East and North Africa (Mena) exited, through both acquisitions and mergers. Most were based... Wamda • 21 February, 2022 exits
Regional Mena startups raised $247 million in January 2022 Startups in the Middle East and North Africa region (Mena) raised $247 million across 46 deals, a 20 per cent increase month-on-month and a... Wamda • 17 February, 2022 Investment
Regional UAE ranked world’s most supportive entrepreneurship environment: GEM Report The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship Mentorship (GEM) report in terms of countries that allow for... Dunya Hassanein • 11 February, 2022 GEM
Regional Anghami: Success built on localisation When Eddy Maroun was skiing in a Lebanese mountain resort back in 2011, accessing music was a cumbersome affair. Music players like the... Triska Hamid • 10 February, 2022 anghami
Regional Wamda works with The Financial Times to bring global insights in English and Arabic to Mena’s technology ecosystem Wamda’s knowledge platform integrates global publisher The Financial Times’s content into its thought leadership strategy... Wamda • 09 February, 2022 wamda FT
Regional Key exits of 2021 and what they mean for Mena's startup ecosystem The year 2021 witnessed a major fillip to the region's tech ecosystem, both in terms of the amount of money raised and the number of... Dunya Hassanein • 31 January, 2022 exits
Regional Investment in women-founded startups at 1.2 per cent of $2.87 billion raised in 2021 It was a year in which many records were broken - the largest funding round to date, the highest number of deals, and the arrival of... Wamda • 26 January, 2022 wamda Investment