Wamda

Saudi Arabia

Saudi Aramco signs agreement with ICT company to invest in tech enterprises

Source: Startup MGZN State oil giant Saudi Aramco said it has signed an agreement with Saudi Information Technology Company to...

Saudi Arabia

Maharah acquires a strategic stake in UAE's Bloovo

Source: Entreprenuer Bloovo, one of UAE’s algorithm-based online recruitment platforms, has brought Saudi-based Maharah Human...

acquisition HR saudi

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

U.A.E

Step Conference 2019

For its seventh year in a row, the largest experiential tech festival in the Middle East, STEP Conference, is Coming Home to Dubai Internet...

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

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

U.A.E

Mix N' Mentor

Mix N’ Mentor brings together promising entrepreneurs with top regional and global mentors. The event includes mentorship...

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

Egypt

From Transport to Fintech: RiseUp Concludes its Sixth Edition

The sixth edition of the RiseUp Summit in Cairo closed with several announcements, engaging discussions and the inevitable bustle of the...

#entrepreneurship #RiseUp #AimHigh

Egypt

Competition heats up for Cairo's ride-hailing apps

The first announcement at this year’s RiseUp Summit in Cairo came from Halan, a motorcycle and tuk-tuk-hailing app. Following on from...

ride hailing careem Uber

Egypt

RiseUp Summit 2018

RiseUp Summit is a three-day, one-stop-shop, entrepreneurship marathon. Thought leaders, media mavens, tech-legends and power player...

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

Regional

Checking in on impact investment in Mena

The Middle East and North Africa (Mena) region is home to increasingly developed entrepreneurship ecosystems, a growing number of venture...

Impact impact entrepreneurship

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

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

Saudi Arabia

TAQADAM Startup Accelerator

TAQADAM is the startup accelerator launched by King Abdullah University for Science and Technology and SABB for ideas that are pushing the...

Kenya

Twiga Foods raises $10 million

Twiga Foods has announced a $10 million investment led by the World Bank’s International Finance Corporation (IFC) and the Global...

Twiga Foods Wamda Capital Funding

Turkey

Volt Lines raises $1.28 million

Volt Lines, a Turkey-based transportation service has raised $1.28 million in a pre-Series A round led by Dubai Angel Investors (DAI) which...

Transport Sharing Economy turkey

Egypt

Africa 2018 Forum

Africa 2018 is a unique business-to-business and government-to-business platform, bringing together policymakers, financiers, leading...

Lebanon

Lebanon’s Kamkalima raises $1.5 million Series A

Source: MENAbytes Lebanese EdTech startup Kamkalima has raised $1.5 million in Series A funding from Beirut-based Phoenician...

Series A financing

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