Wamda

Regional

Last mile courier app Quiqup raises extra 5m on plans for Middle East expansion

Source: Telegraph Deliveroo challenger Quiqup has raised £5m ($6.3 million) in extra funding to expand its presence in the...

Saudi Arabia

Careem Launches Careem NOW in Dubai and Jeddah

Careem has launched an online delivery market service for food and other goods in Dubai and Jeddah. Called Careem NOW, the company plans to...

#Careem #News #Jeddah #Dubai #FoodDelivery

Saudi Arabia

Ajeer raises $530,000 from angels

Source: MENAbytes Ajeer, a Riyadh-based home services marketplace has raised ~$533,000 (2 million Saudi Riyal) in seed funding, the...

#News #investment

Tunisia

Tunisia’s Expensya raises $4.5 million

Source: MENAbytes Expensya, a SaaS for expense management, has raised a little over $4.5 million (€4 million) in its latest funding...

Investment tunisia

Saudi Arabia

Saudi's BIAC tries to bridge funding gap for startups

The Business Incubators and Accelerators Company (BIAC) has launched a new investment initiative in partnership with VentureSouq to bridge...

funding gap

Regional

Wamda launches new programme for budding entrepreneurs

Wamda today announced the launch of a first-of-its-kind fellowship programme, Wamda X. The grant-based offering aims to attract promising...

wamda Wamda Capital Wamda News

Egypt

Wasla raises $180,000 pre-seed

Source: Menabytes Cairo-based Wasla has raised $180,000 in pre-seed funding from a group of angel investors led by a Cairo-based...

#mobile #tech #wasla

Kuwait

Kuwait's Agility to invest $100m in Shipa.com

Source: The National Agility, one of the largest logistics firms in the region, will invest $100 million in a digital logistics platform...

Logistics ecommerce

Kuwait

Tabeeby Secures $777,000 From Ground One Ventures

Kuwait-based social health network Tabeeby secured $770,000 in investment from Ground One Ventures, a UK-based private investment...

#healthcare #Kuwait #investment

Jordan

Little Thinking Minds raises $1.26 million in Series A

Jordan-based Little Thinking Minds has raised $1.26 million in a Series A round led by Egypt’s Algebra Ventures with participation...

EdTech Education Series A

Egypt

Saudi’s Vision Ventures invests in Cairo-based bus booking startup Buseet

Source: MENAbytes Khobar-based Vision Ventures has invested in Egyptian bus booking startup, the firm announced today, without...

cairo Buseet ride hailing

Egypt

Careem launches bus service in Cairo

Careem has launched a new service, Careem Bus, with an initial launch in Cairo in a separate application from its ride-hailing...

careem travel tech ride hailing

Egypt

Egypt’s Halan raises multi-million Series A

Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings...

Series A Investment

Saudi Arabia

Gathern closes undisclosed seed round

Gathern, a Saudi Arabia-based booking platform for chalets and villas, has closed its seed round investment by a group of local and...

bookings seed fund seed investment

Regional

Careem introduces credit transfer

Careem has introduced peer-to-peer (P2P) prepaid credit transfers across all its markets. The closed-loop feature enables users to...

careem

Kuwait

Kuwait launches fintech sandbox

Source: Reuters Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial...

Fintech kuwait

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

U.A.E

Property Finder raises $120 million

Source: Reuters Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real...

propertyfinder real esate private equity

U.A.E

Majid Al Futtaim acquires mobile wallet app Beam

Source: Gulf Business Dubai-based mall operator Majid Al Futtaim has acquired Beam Portal, the owner of UAE mobile wallet app, Beam, it...

Fintech mobile payment Dubai

U.A.E

HolidayMe raises $16 million Series C

Source: MENAbytes Dubai-based HolidayMe has raised $16 million Series C in a round led by China’s Gobi Partners and joined by...

Series C ecommerce

Regional

GCC fintech startups to attract $2 billion in investments

Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade...

Fintech Fintech Hive investement

U.A.E

Shorooq invests in India's Impact Guru

Source: MENAbytes Indian healthcare crowdfunding platform Impact Guru has raised an investment from Shorooq Investments, the Abu-Dhabi...

Crowdfunding abu dhabi India

Regional

The Billion Dollar Fund for Women secures $70 million

The Billion Dollar Fund for Women (TBDF), a global consortium that aims to fight the gender funding gap, has secured $70 million to be...

Women empowerment Women Entrepreneur

Egypt

Egypt is building the region's first GEN hub

Egypt will host the region’s first Global Entrepreneurship Network (GEN) hub, a physical space designed for the exchange of knowledge...

Innovation Coworking Spaces

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