Wamda

Egypt

Fawry deploys $1.6 million investment in three Egyptian fintech startups

Egypt-based fintech Fawry has invested $1.6 million in three Egyptian fintech companies, which are Dirac Systems, Virtual CFO, and Code...

fawry Virtual CFO Code Zone

Saudi Arabia

Saudi Arabia's CQR raises $3 million to scale AI capabilities

Saudi Arabia-based cybersecurity firm CQR has secured a $3 million funding round led by Shorooq. Founded in 2023 by...

CQR Shorooq cybersecurity

Egypt

Egypt's fintech sector surged fivefold in five years, Entlaq report reveals

Egypt’s fintech sector has expanded 5.5 times in the past five years, driven by digital payments, lending, and B2B marketplaces,...

Entlaq Fintech

Saudi Arabia

DHL enters Saudi logistics market by acquiring AJEX

German logistics company DHL eCommerce, the e-commerce logistics specialist of DHL Group, has acuired Saudi parcel logistics...

DHL AJEX Logistics

Saudi Arabia

Al Madinah Angels launches to revive entrepreneurial scene in the city

A consortium of investors has launched "Al Madinah Angels" to support the entrepreneurial landscape in Saudi...

Al Madinah Angels VMS Numu Angels

U.A.E

Flow48 secures $69 million Series A in a blend of debt, equity

UAE-based fintech Flow48 has closed a $69 million Series A funding round in a mix of debt and equity. The round is led by Breega and...

Flow48 Endeavor Catalyst 212

U.A.E

Journify raises $4 million in funding, backed by Silicon Badia

UAE-based SaaS provider Journify has secured $4 million in funding, led by Silicon Badia, with participation from RZM and other...

Journify silicon badia SAAS

Libya

Libyan B2B e-commerce Alkremeya goes live

Libya-based B2B e-commerce platform Alkremeya has officially launched operations, with ambitious plans for regional...

Alkremeya E-commerce

Egypt

Egypt's Basata acquires additional stake in Madfoatcom

Egypt-based fintech Basata has increased its stake in Jordan’s MadfoatCom to 25%. This acquisition will further strengthen...

Basata MadfoatCom

U.A.E

omnispay Secures $1.5 million seed led by Mercatus Capital

omnispay, a UAE-based fintech, has raised $1.5 million in a seed funding round led by Mercatus Capital Pte. Ltd., with participation...

omnispay Fintech Mercatus Capital

Bahrain

Lola secures $1.3 million pre-seed to accelerate GCC expansion plans

Lola, a Bahrain-based foodtech, has raised $1.3 million in a pre-seed funding round from Plus VC, Vision Ventures, and angel...

Lola Plus VC

U.A.E

Pinewood.AI to acquire UAE’s Seez for $46.2 million

UK-based automotive intelligence platform Pinewood.AI has agreed to acquire Seez for $46.2 million in cash and shares. The share...

Seez Pinewood.AI

Qatar

Lillia receives $1.7 million grant from Qatar Research Council

Qatar-based AI-enabled healthtech Lillia has raised a $1.7 million grant from the Qatar Research, Development and Innovation (QRDI)...

Lillia Development and Innovation Council QRDI

U.A.E

UAE’s The Box secures $12.5 million debt from Shorooq

UAE-based self-storage services provider The Box has raised $12.5 million in a debt financing led by Shorooq. Founded in 2007 by...

The Box Shorooq Logistics

Saudi Arabia

Falak, Bayan Platform jointly launch AI investment in KSA report

In a move that underscores a steadfast commitment to fostering an innovation-driven investment landscape in Saudi Arabia, Falak Investment...

AI Falak investment hub Bayan Platform

Tunisia

Tunisia’s Dabchy secures pre-Series A to bolster expansion plans

Tunisia-based P2P fashion marketplace Dabchy has raised a pre-Series A funding round led by Janngo Capital and angel investors for an...

Dabchy E-commerce p2p

Egypt

Dubizzle acquires Egypt's online car marketplace Hatla2ee

UAE-based online classifieds platform Dubizzle Group has acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal...

Dubizzle Hatla2ee

Egypt

Egypt’s Qme closes $3 million seed round led by AHOY

Egypt-based B2B SaaS startup Qme has raised $3 million in a seed funding round led by AHOY, along with a group of angel investors from...

Qme AHOY SAAS

U.A.E

Blum raises $5 million in dual rounds, led by Gumi Cryptos Capital

UAE-based fintech Blum raised $5 million in a pre-seed and seed round. The round was led by gumi Cryptos Capital, Spartan, No...

Blum gumi Cryptos Capital

Saudi Arabia

Buildnow secures $9.7 million investment led by STV

Saudi Arabia-based contech Buildnow has closed a $9.7 million funding round, led by STV and Arbah Capital, with additional funding from...

Buildnow STV contech

Saudi Arabia

PIESHIP raises $2.1 million seed led by Nama Ventures

Saudi Arabia-based logistics startup PIESHIP has closed its seed funding round of $2.1 million, led by Nama Ventures, with participation...

PIESHIP Logistics Nama Ventures

Saudi Arabia

Saudi fintech RasMal closes $4.8 million pre-Series A

Saudi Arabia-based fintech RasMal has closed a $4.8 million pre-Series A investment round led by Syndicate Element Holding Group...

RasMal Fintech Syndicate Element Holding Group

Saudi Arabia

Tabby closes $160 million Series E, eyeing IPO

Saudi Arabia-based fintech Tabby has raised $160 million in a Series E financing round at a $3.3 billion valuation. The round was led...

Tabby Fintech BNPL

U.A.E

AppliedAI closes $55 million Series A, led by G42

UK-founded UAE-HQ Insurtech startup AppliedAI has raised $55 million in a Series A funding round at a pre-investment valuation of $300...

AppliedAI G42 Insurtech

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