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... Staff writer • 17 July, 2017 on-demand delivery Logistics cairo angels
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... Lily Catherine Jabbour • 17 July, 2017 careem public transport Bus Pooling
Lebanon Agrytech Accelerator concludes phase one, 11 startups are selected The Agrytech Accelerator wrapped up the first phase of its program with a Demo Day on July 12. The accelerator is jointly funded by... Staff writer • 14 July, 2017 Agrytech Accelerator Demo Day agro-food
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... Staff writer • 11 July, 2017 world bank Ivanka Trump women entrepreneurs
Lebanon IM Capital announces the launch of the Lebanese Women Angel Fund Insure & Match Capital (IM Capital), announced on July 7th, the launch of the Lebanese Women Angel Fund at Villa Linda Sursock, Beirut... Staff writer • 08 July, 2017 im capital Lebanese League for Women in Business Go beyond investing
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... Staff writer • 07 July, 2017 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... Staff writer • 06 July, 2017 PICTI startups investments
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... Staff writer • 05 July, 2017 seed investment Funding ecosystem growth
Lebanon Tripoli Startup Forum awards three startups cash prizes The Tripoli Entrepreneurs Club hosted the annual Tripoli Startup Forum at the Rachid Karami International Fair in Tripoli as the closing... Staff writer • 04 July, 2017 Startups competition Seed funding tripoli entrepreneurs club
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... Rana Freifer • 04 July, 2017 yaoota Mobihall Mobilesgate
Regional Alfanar brings venture philanthropy to the Middle East Alfanar is an Arab venture philanthropy that seeks to empower social entrepreneurs that are making a difference in the region. This... Staff writer • 28 June, 2017 philanthropy Social Entrepreneurship VC
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... Staff writer • 28 June, 2017 seed startup online platform
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... Staff writer • 25 June, 2017 uae tesla Google
Lebanon Berytech and NGO to launch a Business Innovation Center in Lebanon Berytech has signed a memorandum of understanding with the Michel Issa Foundation for Local Development (MIF), to develop a Business and... Staff writer • 23 June, 2017 lebanon Berytech MIF
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... Staff writer • 23 June, 2017 accelerator Dubai techstars
Tunisia Tunisian gaming startup raises $600K The Tunisian startup Polysmart, which specializes in the design of video games has just raised 1.5 million Tunisian dinars (US$600,000)... Maya Rahal • 21 June, 2017 Gaming creative industries video games
U.A.E RTA inks agreement with Volocopter for flying taxi The Roads and Transport Authority (RTA) yesterday announced its extension of the test run of its manned Autonomous Aerial Taxi (AAT) to... Staff writer • 20 June, 2017 Dubai RTA Transport
Lebanon Turkish second-hand clothing site raises $2M in Series B, led by MEVP Modacruz, a leading mobile marketplace of second hand women fashion items in Turkey, announced today that it has raised $2 million in a... Staff writer • 19 June, 2017 MEVP Investment modacruz
Morocco Morocco’s Waystocap raises $3M in seed funding According to Techcrunch, Moroccan startup Waystocap has raised $3 million to expand its reach in Africa. The platform is a marketplace... Staff writer • 16 June, 2017 ecommerce marketplace Casablanca
Palestine Alwaleed injects $62M in $500M Series E funding Careem (Editor’s note: This article has been updated to include the new capital injection of Prince Alwaleed Bin Talal and the announcement... Rana Freifer • 13 June, 2017 news careem palestine
Lebanon $3.2M for the UK Lebanon Tech Hub and 6 finalists for their new program The Nucleus The Central Bank of Lebanon will fund the UK Lebanon Tech Hub (UKLTH) with $3.2 million, matching the funding pledged by the UK Embassy,... Staff writer • 13 June, 2017 UK Lebanon Tech Hub Central Bank Lebanon Dox
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... Staff writer • 12 June, 2017 recruitement online platform
Turkey Two winners at GE 36-hour internet hackathon in Turkey During the past weekend, GE hosted over 30 Turkish entrepreneurs and developers in the country’s first Industrial Internet Hackathon.... Staff writer • 11 June, 2017 hackathon automotive
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... Staff writer • 09 June, 2017 MEVP BECO Capital Shedul