Wamda

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

Saudi Arabia

Saudi Arabia hosts GE’s first Predix-powered hackathon in the region

General Electric (GE) hosted its first Industrial Internet of Things hackathon, powered by Predix, using big data to improve healthcare in...

MEMakersGE Predix hackathon

Global

New startups on the block: September

Startups are launching faster than we can write about them, so here’s our list of raw newbies to watch. Blink Egypt Development...

Startup List news AI

Regional

Tarjama accomplished its Coursera for Refugees Arabization mission

Tarjama, a UAE-based translation startup, finished its six-month project with Coursera to Arabize courses specifically targeted at...

Tarjama Coursera refugees

Global

Startup Watch: Uber’s new era, a computer that can smell and wealth secrets

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Uber AI

U.A.E

Fintech Hive at DIFC launched inaugural accelerator program

Fintech Hive at DIFC announced today the commencement its inaugural accelerator program. The program features 11...

uae Fintech Hive at DIFC Fintech

Global

Careem partners with Chinese Didi Chuxing to accelerate innovation in the region

Careem, the ride-hailing and internet platform in the Middle East and North Africa, announced yesterday a strategic partnership with Didi...

uae china careem

Kenya

Wamda Capital cofunds Kenyan B2B food supply platform

Twiga Foods, the Kenyan business-to-business food supply platform announced today that it has successfully raised a Series A funding...

Twiga Wamda Capital Kenya

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

GITEX and Wamda partner to promote collaborative entrepreneurship in MENA

GITEX Future Stars has selected Wamda, the leading platform for entrepreneurs in the Middle East and North Africa, as its knowledge partner...

GITEX wamda Dubai World Trade Centre

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

Global

New World Bank initiative targets women entrepreneurs

The World Bank announced last Saturday the creation of the Women Entrepreneurs Finance Initiative (We-Fi) to finance and support...

world bank Ivanka Trump women entrepreneurs

Lebanon

One lucky startup walks away with $50,000 from Speed@BDD’s fourth Demo Day

Speed@BDD, a Beirut-based tech startup accelerator, concluded yesterday its fourth acceleration program with a Demo Day. The accelerator is...

Speed@BDD Startups competition accelerator

Palestine

Connect Gaza looks to bring Palestinian startups into the regional ecosystem

Digital entrepreneurship and innovation are becoming key focuses of many governments across the Middle East as they seek to reform their...

PICTI startups investments

Egypt

Egyptian ecommerce platform acquires two phone comparison portals

Egypt-based ecommerce platform Yaoota acquired Mobihall and Mobilesgate, two of the largest phone comparison portals in the Arab world. The...

yaoota Mobihall Mobilesgate

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

Global

Startup Watch: Naughty Google, ATM anniversary and the joy of saying 'no'

The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your...

Startup Watch Google Facebook

U.A.E

Emirati fund wants to create next Google or Tesla

Sandooq Al Watan, a national initiative launched in April 2016 by prominent Emirati businessmen to support research projects, has announced...

uae tesla Google

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

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