Wamda

U.A.E

Abu Dhabi Global Market announces fintech innovation center and partnership with Plug and Play

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced two initiatives at the FinTech Abu Dhabi...

ADGM Fintech Plug and Play

U.A.E

Your iPhone 7 can feed 200 refugees

Melltoo, a no-meetup classifieds startup based in the UAE, launched this month “Impacter by Melltoo", an initiative to...

classified social enterprise melltoo

Bahrain

Bahrain’s football app Malaeb closes a seed round investment

Bahraini app Malaeb, which helps users match players and book a football field, has recently closed a seed round for an undisclosed amount,...

Malaeb Inspire Ventures Vision ventures

Saudi Arabia

SRMG acquires 51 percent stake in Saudi financial news service Argaam for $10M

The Saudi Research and Marketing Group (SRMG) has acquired a controlling stake (51 percent) in the Argaam Investment and Trading Company,...

Saudi Arabia Argam acquisition

U.A.E

Mastercard and Abu Dhabi Global Market collaborate to accelerate fintech ecosystem development

Abu Dhabi Global Market (ADGM), an international financial center, and Mastercard Asia/Pacific Pte Ltd, a leading technology company in the...

uae ADGM MasterCard

Saudi Arabia

Home cleaning marketplace Matic raises $3 million

Matic, an online marketplace for cleaning services in the GCC, incubated by Badir Program for Technology Incubators and Accelerators, has...

Matic MEVP Cleaning services

U.A.E

54 hours challenge to build 8 startups in Ras Al Khaimah

The first startup incubator in Ras Al Khaimah (RAK) was inaugurated last Thursday at Julfar Towers, in the presence of H.E. Sheikh...

Ras Al Khaimah RAK Startup Weekend

U.A.E

Precinct Partners launches to provide patient capital to entrepreneurs

Precinct Partners Holding Limited (‘Precinct Partners’) has launched at the Dubai International Financial Center (DIFC) to...

precinct partners fund patient capital

Jordan

Jordanian addressing startup raises $100K from GMS Ventures & Investments

NavCode is a Jordanian smart addressing app that contains user information such as name, phone number, building number and others. It...

NavCode Addressing VC

Kuwait

Fintech startup Ajar Online closes a second round of investment

Ajar Online, a Kuwait-based fintech startup that allows tenants to pay their rent online, via SMS and email, has recently closed...

Ajar Online Fintech Investment

U.A.E

Dubai Startup Hub launches program to facilitate partnerships between startups and corporations

Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, has launched its Market Access program during the GITEX...

Dubai Startup Hub Dubai Chamber of Commerce and Industry GITEX2017

Global

Badir launches new program to attract global startups to KSA

Badir Program for Technology Incubators, a Saudi national program under King Abdulaziz City for Science and Technology (KACST), launched a...

news watch Badir

Global

Six winners, including 2 international startups at MAD Mentorpreneurs

Ten startups competed for awards worth four million Emirati Dirhams (US$ 1 million) during MAD Mentorpreneurs pitching competition, which...

MAD Talks MAD Mentorpreneurs startups

Regional

Altibbi raises $6.5M through MEVP, DASH Ventures, and other investors

Altibbi Ltd., one of the Middle East’s largest digital health platforms, announced a new round of funding amounting to $6.5 million....

AlTibbi MEVP DASH Ventures

U.A.E

UAE dental app Udenz raised $200,000 in crowdinvesting

Udenz, a Dubai-based app that offers dental services for both users and dentists, has raised $203,000 with 33 investors from 10...

Udenz eureeca uae

Egypt

Egyptian home services platform Filkhedma closed second investment round

Filkhedma, an Egyptian home services marketplace, has just closed its second investment round led by Algebra Ventures and Glint...

FilKhedma Algebra Ventures Glint

Saudi Arabia

BIBAN Forum 2017: Funding is available, seek mentorship

Wamda organized its three-day Mix N’ Mentor event in Saudi Arabia, during the BIBAN Forum 2017, which ran from September 17 till 20,...

Saudi Arabia ksa Biban

Regional

Alshaya gets on board in Noon

Kuwait-based retail franchise operator MH Alshaya Co has acquired a strategic stake in Noon, the region’s new ecommerce platform,...

Alshaya Noon ecommerce

U.A.E

MEVP invests in online travel company Wego

MEVP, a leading venture capital firm focusing on the MENA invested in Wego, one of the largest online travel marketplaces across the MENA...

MEVP Wego investement

Saudi Arabia

Saudi cloud-based POS startup Foodics closed a $4M funding round

Saudi Arabia's Foodics has closed a SAR 15 million ($4 million) investment round, led by Raed Ventures and Riyad Taqnia Fund (RTF) with...

Foodics Saudi Arabia ksa

Tunisia

Tunisian online finance news platform raises $400K

The Tunisian startup Ilboursa.com, which a French online finance news platform, announced on Tuesday (September 12) the closing of its...

fundraising stock exchange finance

Saudi Arabia

Saudi Aramco licenses NOMADD to create waterless cleaning systems

Saudi Aramco entered into a technology licensing agreement with NOMADD Desert Solar Solutions, the Saudi-based startup that commercializes...

Aramco Solar panels NOMADD

Regional

Uber and Arabiaweather announced a strategic partnership

The ride hailing app Uber announced a strategic partnership with Arabiaweather, a platform that provides weather products, services and...

ksa Saudi Arabia Jordan

U.A.E

Souq.com to acquire Wing.ae to enhance fast shipping options

Souq.com today announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the...

Souq.com Wing.ae ecommerce

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