Wamda

U.A.E

Nadeera raises $200,000 through Beban TV show

UAE-based cleantech Nadeera has received a $200,000 investment from Bahraini VC firm Hope Ventures during an episode of the Beban...

Nadeera Beban Hope Ventures

U.A.E

Kitopi acquires AWJ Investments

UAE-based cloud kitchen operator Kitopi has acquired Dubai-founded food and beverage (F&B) group AWJ. The financial details of the...

Kitopi

U.A.E

Careem suspends operations in Qatar

UAE-based superapp Careem has suspended its operations in Qatar. The Uber-backed app launched its service in Qatar in 2013, a year...

careem

Saudi Arabia

Amwal raises $2.5 million pre-Seed round

Saudi Arabia-based fintech Amwal has secured $2.5 million in a pre-Seed round co-led by Shorooq Partners and Outliers Venture Capital...

Outliers Venture Capital Shorooq Partners Amwal

Morocco

KOOLSKOOLS raises $960,000 from Azur Fund

Morocco-based edtech KOOLSKOOLS has secured a $960,000 (MAD 10 million) investment from Azur Innovation Fund. Founded in 2020 by...

KoolSkools Azur Innovation Fund EdTech

Saudi Arabia

Munjz closes $5 million Series A round

Saudi Arabia-based proptech Munjz, has closed a $5 million Series A round, led by undisclosed investors, in addition to Vision Venture,...

Saudi Arabia Munjz Proptech

Bahrain

Parcel raises $1 million through Beban TV show

Bahrain-based last mile provider Parcel, has raised $1 million from Hope Ventures, along with Jahez and Cari, during an episode of...

Parcel Jahez Cari

Egypt

tabby halts operations in Egypt

UAE-based buy now and pay later (BNPL) startup tabby, has shut down its operations in Egypt five months after launching its service in the...

Tabby Fintech BNPL

Egypt

Hollydesk raises $1 million venture debt

Egypt-based fintech Hollydesk has raised $1 million in venture debt financing from unknown investors. Founded in 2020 by Mahmoud...

Hollydesk Fintech

U.A.E

India’s makeO acquires UAE-based Smileneo

India-based healthtech makeO has acquired UAE-based healthtech Smileneo, for an unknown sum. Founded in 2019 by Jonathan Doerr,...

makeO Smileneo healthtech

U.A.E

8X Ventures to deploy $20 million in Mena cleantech startups

UAE-based VC firm 8X Ventures plans to deploy $20 million in the Mena region's climate tech and cleantech startups. It also plans to...

clean tech 8x Ventures

Global

KBW Ventures invests in Rebellyous Food’s $9.5 million round

UAE-based KBW Ventures, founded by HRH Prince Khaled bin Alwaleed bin Talal Al Saud, has invested in a $9.5 million equity round for...

KBW Ventures

Regional

COREangles launches COREangels MEA to invest in startups in the Middle East, Africa

COREangels, a global community of angel funds and investors has launched the COREangels MEA to target investments in early-stage...

COREangels

Saudi Arabia

Saudi mobility startup Telgani closes $6 million Series A round

Saudi Arabia-based mobility startup Telgani has closed a $6 million Series A funding round, co-led by Hala Auto and Elm...

Telgani Hala Auto Elm Company

U.A.E

e& acquires UAE-based ServiceMarket

etisalat by e&, has fully acquired UAE-based household marketplace, ServiceMarket. Founded in 2013 by Bana Shomali and Wim...

e& etisalat ServiceMarket

U.A.E

SANTECHTURE raises investment from Shorooq Partners and Gulf Capital

UAE-based healthtech SANTECHTURE has raised investment from Gulf Capital (GC) and Shorooq Partners. The amount raised was not...

SANTECHTURE Shorooq Partners Gulf Capital

U.A.E

Abu Dhabi launches $2 billion Hub71+ Digital Assets to accelerate Web3 startups

Abu Dhabi’s Hub71, has launched Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem, with more than $2 billion of capital...

uae HUB71+ DIGITAL ASSETS FAB

Egypt

Mobile Masr raises $500,000 Seed round

Egypt-based e-commerce platform Mobile Masr has raised a $500,000 Seed round from a group of angel investors based in the UAE and Qatar,...

MobileMasr

U.A.E

EIB backs $150 million Middle East Venture Fund IV

Middle East Venture Partners (MEVP) has secured a $27 million commitment from the European Investment Bank (EIB) for its $150 million...

MEVP

U.A.E

YOUGotAGift raises $3 million from Tenami Capital

UAE-based corporate e-gifting platform YOUGotAGift has raised $3 million from newly launched investment platform Tenami...

yougotagift

Saudi Arabia

Hala acquires UAE fintech Paymennt.com

Saudi Arabia-based fintech Hala has acquired UAE-based fintech Paymennt.com, previously called PointCheckout, for an unknown...

Hala Paymennt.com M&A

Saudi Arabia

noon acquires Namshi for unknown sum

Saudi Arabia-based e-commerce platform noon.com has completed its acquisition of the UAE-based fashion shopping platform...

noon.com Namshi M&A

Saudi Arabia

Flat6Labs launches $20 million Startup Seed Fund in Saudi Arabia

Flat6Labs has finished the first close of its $20 million “Startup Seed Fund” in Saudi Arabia, with the participation of the...

Flat6Labs Startup Seed Fund

Saudi Arabia

The Space merges with Vibes to form co-working space network in KSA

Saudi Arabia-based co-working space, The Space, has merged with Vibes for an undisclosed value. Founded in 2014 by Omar Al-Shabaan and...

The Space Vibes M&A

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