U.A.E GEM raises investment commitment in Everdome metaverse to $60 million GEM Digital Limited (GEM), a Bahama-based digital assets investment firm, has increased its investment commitment in UAE-based metaverse... News • 25 April, 2023 Everdome
U.A.E Flyksoft raises $55,000 Seed round UAE-based booking software provider Flyksoft has raised $55,000 in Seed funding from angel investors. Founded in 2023 by Mohammad... News • 18 April, 2023 Flyksoft SAAS
U.A.E Intellia launches AI-driven vetting and project delivery platform Intelllia, a provider of analytical and strategic support for investment and finance institutions, and corporate business development... News • 18 April, 2023 Intellia
U.A.E e& acquires majority stake in Careem’s Super App for $400 million UAE-headquartered communication firm e& (formerly Etisalat) has acquired a 50.03 per cent stake in Careem’s Super App spinout... News • 10 April, 2023 e& Careeem super app
U.A.E The UAE raises tax threshold for startups The UAE’s Ministry of Finance has raised the minimum threshold for corporate tax from $100,000 (AED375,000) to $816,000 (AED3... News • 09 April, 2023 uae Tax law entreprenership
U.A.E Scalo Technologies moves HQ to UAE, plans to invest $100 million in Mena startups Singapore-based VC firm Scalo Technologies has moved its headquarters to Dubai, with the intention to invest $100 million in promising... News • 04 April, 2023 Scalo Technologies Venture Capital
U.A.E Secondaries and liquidity: The investor’s access and the founder’s dream Zuhair Shamma is the co-founder of UAE-based Zest, an equity management platform Have you ever wondered why we were able to... Thought Leadership • 03 April, 2023 Zest secondary market
U.A.E Making a case for Abu Dhabi Ryaan Sharif is the general manager at Flat6Labs UAE “The backbone of the world economy.” Read any article about startups... Thought Leadership • 23 March, 2023 Flat6Labs abu dhabi
U.A.E Abu Dhabi’s G42 acquires stake in TikTok owner ByteDance Abu Dhabi investment firm Group 42 (G42) has acquired a $100 million stake in Chinese internet company ByteDance, owner of the social... News • 22 March, 2023 G42 TikTok ByteDance
U.A.E Credable closes $2.5 million Seed round led by Acasia Ventures UAE-based fintech Credable has closed a $2.5 million Seed round led by Ventures Platform and Egypt-based VC firm Acasia Ventures... News • 21 March, 2023 Credable Acasia Ventures Fintech
U.A.E UAE’s fintech Qlub raises $25 million UAE-based fintech Qlub has raised $25 million in a fresh round of funding, bringing the company's total Seed capital to $42... News • 16 March, 2023 Qlub
U.A.E almentor raises $10 million pre-series C round led by e& capital UAE-based edtech almentor, has raised $10 million in a pre-Series C round led by e& capital, alongside existing investors Partech,... News • 16 March, 2023 almentor EdTech e& capital
U.A.E COFE raises $15 million Series B round led by Wa'ed Ventures UAE-based online coffee marketplace Cofe has raised $15 million in a Series B funding round led by Wa'ed Ventures, with... News • 14 March, 2023 COFE Wa'ed Vnetures Coffee
U.A.E Fashion app Bazaara raises $230,000, eying expansion in KSA UAE-based fashion e-commerce startup Bazaara, has raised $230,000 in a pre-Seed round, led by Flat6Labs UAE, with participation from... News • 14 March, 2023 Bazaara Fashion E-commerce
U.A.E UAE’s Sav raises $750,000 pre-Seed round UAE-based fintech startup Sav has raised a $750,000 pre-Seed round led by angel investors. Founded in late 2021, Sav is designed to... News • 13 March, 2023 Sav
Saudi Arabia Saudi healthtech Labayh acquires Nafs app Saudi Arabia-based mental health app Labayh has acquired UAE’s counterpart, Nafas. Founded in 2018 by Basim Albeladi,... News • 13 March, 2023 Labayh Nafs healthtech
U.A.E nealthy raises $1.3 million pre-Seed round UAE-based virtual asset management platform nealthy, has raised $1.3 million in pre-Seed funding from undisclosed investors. Founded... News • 08 March, 2023 nealthy NFT Cryptocurrencies
Jordan ISSF invests $5 million in Middle East Venture Fund IV Innovative Startups and SMEs Fund (ISSF) has invested $5 million in Middle East Venture Fund IV (MEVF IV), a $150 million fund recently... News • 01 March, 2023 ISSF MEVP
U.A.E Kitopi acquires AWJ Investments UAE-based cloud kitchen operator Kitopi has acquired Dubai-founded food and beverage (F&B) group AWJ. The financial details of the... News • 01 March, 2023 Kitopi
U.A.E Careem suspends operations in Qatar UAE-based superapp Careem has suspended its operations in Qatar. The Uber-backed app launched its service in Qatar in 2013, a year... News • 28 February, 2023 careem
U.A.E Nadeera raises $200,000 through Beban TV show UAE-based cleantech Nadeera has received a $200,000 investment from Bahraini VC firm Hope Ventures during an episode of the Beban... News • 27 February, 2023 Nadeera Beban Hope Ventures
U.A.E India’s makeO acquires UAE-based Smileneo India-based healthtech makeO has acquired UAE-based healthtech Smileneo, for an unknown sum. Founded in 2019 by Jonathan Doerr,... News • 21 February, 2023 makeO Smileneo healthtech
U.A.E 8X Ventures to deploy $20 million in Mena cleantech startups UAE-based VC firm 8X Ventures plans to deploy $20 million in the Mena region's climate tech and cleantech startups. It also plans to... News • 19 February, 2023 clean tech 8x Ventures
Global KBW Ventures invests in Rebellyous Food’s $9.5 million round UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in a $9.5 million equity round for... News • 19 February, 2023 KBW Ventures