Wamda

Regional

Battle of the finances: venture capital vs. private equity

If a business is searching for a source of external funding, it can turn to various sources. Some of these sources may be vastly different,...

Venture Capital private equity Funding models

Egypt

Egyptian food delivery platform secures $200K investment from 500 Startups

Cairo-based homemade food delivery startup Mumm received a $200,000 investment from 500 Startups. The startup empowers Egyptian women to...

Food delivery work from home Women

Regional

Entrepreneurship is disrupting MENA’s real estate and retail gurus

The first half of 2017 was an exciting one for enterprises and startups in the MENA region with mega deals taking the ecosystem by storm....

acquisition VC investment Real Estate

Morocco

4 Moroccans aiming at becoming the Alibaba of Africa

Working in the energy and industry sectors in various African countries helped Niama El Bassunie, a Casablanca-born entrepreneur, discover...

Trade financing for trade suppliers

Egypt

Careem announces $500K investment in public transportation startup Swvl

This news was updated to include an exclusive interview with Mudassir Sheikha, the cofounder and managing director of...

careem public transport Bus Pooling

Egypt

Cairo Angels invests in a local logistics company

Cairo Angels, a network of angel investors focused on supporting startup opportunities in Egypt and the Middle East, announced its...

on-demand delivery Logistics cairo angels

Palestine

Ibtikar receives a $2.5M investment, looks to help Palestinian entrepreneurs get funded

Ibtikar Fund, a Palestinian early stage venture capital firm has announced it has received a $2.5 million investment from the International...

seed investment Funding ecosystem growth

Kuwait

Arzan VC announces a pre-seed funding platform

In an effort to help new entrepreneurs get their ideas off the ground, Kuwait’s Arzan VC recently announced plans to launch a...

seed startup online platform

Egypt

Digital services for cash strapped Egyptian SMEs

Starting a business in Egypt is not easy, in large part because of the hassle involved in registering a new establishment and obtaining the...

Training Cloud Telecommunication

Regional

Techstars and GINCO launch an accelerator program in Dubai

Techstars in partnership with GINCO has announced the launch of a new accelerator program in Dubai. Applications will open in July of 2017...

accelerator Dubai techstars

Regional

Bloovo receives $3M in investment

Bloovo, a Dubai-based algorithmic online recruitment platform founded in 2016, closed a $3 million funding round. The co-investment was...

recruitement online platform

U.A.E

Beauty and wellness platform Shedul.com raises $6M

Dubai-based Shedul.com, a free booking platform for salons and spas, closed this week a $6 million round of Series A funding. The funds...

MEVP BECO Capital Shedul

Egypt

Algebra Ventures invests $1.5M in Egyptian food discovery platform Elmenus

Elmenus, one of the largest Egyptian food discovery platforms, received a $1.5 million investment in a Series A funding round from Algebra...

Regional

Video analytics startup Mintrics receives seed funding from Numu Capital

Numu Capital, the Dubai-based venture capital seed fund, has invested in Mintrics, a social video analytics dashboard. The startup uses...

startup seed investment Social Media

Lebanon

Lebanese Car wash app Blink My Car raises $1.2 million

The brainchild of two Beirut natives, Blink My Car received $1.2 million in a seed round last week. The investment round was led by...

Lebanon

Lebanese automotive marketplace receives $1.8M seed fund

Lebanese automotive marketplace Seez have received $1.8 million in seed funding from B&Y, Phoenician Funds, and Wamda Capital. Seez...

Seez seed fund B&Y

Lebanon

The UK Lebanon Tech Hub accentuates R&D financing in Lebanon [Wamda TV]

Despite its vast intellectual and academic capital, Lebanon still falls behind developed countries in terms of research. Its gross...

UK Lebanon Tech Hub Nadim Zaazaa Elie Akhras

U.A.E

Emaar Malls acquires 51% stake of online fashion retailer Namshi for $151M

Global Fashion Group (GFG), an international online fashion destination, announced today a strategic partnership with Emaar Malls, the...

Namshi Emaar Malls Mohamed Alabbar

Regional

Middle East Investment Summit explores MENA's VC trends

With the largest B round funding in the history of the Middle East tech ecosystem (41 million dollars for Fetchr) and Amazon’s...

Middle East Investment Summit Fetchr Angus Paterson

Egypt

Arabnet Dubai promotes investments in the MENA's emerging markets

As Arabnet CEO Omar Christidis took his last strides on the Arabnet Digital Summit stage in Dubai and shared some telling numbers, the...

Aqar Map Astrolabs Oman Technology Fund

Lebanon

Lebanon’s digital industry: the battle of BDL circulars

This article is an extension of Lebanon’s Circular 331: The birth of an industry piece, published here yesterday. On...

BDL Leap Ventures Bookwitty

Lebanon

Lebanon’s Circular 331: The birth of an industry

In August 2014, Banque du Liban (the Central Bank of Lebanon, abbreviated as BDL) issued Circular 331 with the aim of injecting 400 million...

BDL Circular 331 bookwitt

Egypt

Endeavor Catalyst Fund closes first $500,000 investment in Egypt

Endeavor Catalyst Fund, Endeavor’s co-investment vehicle, concluded its first investment in Egypt contributing 500,000 dollars to...

Investment fund statups

Lebanon

IM Capital invests in Bokja Design

Bokja Design Studio recently got funded by IM Capital and an angel investor (who preferred to stay anonymous). The [undisclosed] amount...

Bokja Design im capital investement

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