Wamda

Egypt

Egypt’s Halan raises multi-million Series A

Source: MENAbytes Cairo-based Halan has raised a multi-million Series A round from international investor Battery Road Digital Holdings...

Series A Investment

Saudi Arabia

Gathern closes undisclosed seed round

Gathern, a Saudi Arabia-based booking platform for chalets and villas, has closed its seed round investment by a group of local and...

bookings seed fund seed investment

Regional

Careem introduces credit transfer

Careem has introduced peer-to-peer (P2P) prepaid credit transfers across all its markets. The closed-loop feature enables users to...

careem

Kuwait

Kuwait launches fintech sandbox

Source: Reuters Kuwait’s central bank has issued regulatory guidelines for companies wishing to experiment with new financial...

Fintech kuwait

U.A.E

CE-Ventures acquires stake in Transcorp

CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, announced on Monday that it has acquired a...

investement Logistics

U.A.E

Property Finder raises $120 million

Source: Reuters Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real...

propertyfinder real esate private equity

U.A.E

Majid Al Futtaim acquires mobile wallet app Beam

Source: Gulf Business Dubai-based mall operator Majid Al Futtaim has acquired Beam Portal, the owner of UAE mobile wallet app, Beam, it...

Fintech mobile payment Dubai

U.A.E

HolidayMe raises $16 million Series C

Source: MENAbytes Dubai-based HolidayMe has raised $16 million Series C in a round led by China’s Gobi Partners and joined by...

Series C ecommerce

Regional

GCC fintech startups to attract $2 billion in investments

Private-funding investments in GCC-based financial technology (fintech) startups is expected to reach $2 billion in the next decade...

Fintech Fintech Hive investement

U.A.E

Shorooq invests in India's Impact Guru

Source: MENAbytes Indian healthcare crowdfunding platform Impact Guru has raised an investment from Shorooq Investments, the Abu-Dhabi...

Crowdfunding abu dhabi India

Regional

The Billion Dollar Fund for Women secures $70 million

The Billion Dollar Fund for Women (TBDF), a global consortium that aims to fight the gender funding gap, has secured $70 million to be...

Women empowerment Women Entrepreneur

Egypt

Egypt is building the region's first GEN hub

Egypt will host the region’s first Global Entrepreneurship Network (GEN) hub, a physical space designed for the exchange of knowledge...

Innovation Coworking Spaces

Egypt

Fakahany raises $700,000 seed

Source: MENAbytes Fakahany, a Cairo based farm-to-door fresh produce e-commerce platform has raised $700,000 in seed funding, the...

seed fund E-commerce

Kenya

Twiga Foods raises $10 million

Twiga Foods has announced a $10 million investment led by the World Bank’s International Finance Corporation (IFC) and the Global...

Twiga Foods Wamda Capital Funding

Saudi Arabia

500 Startups launches accelerator with Misk

US-based venture capital (VC) firm 500 Startups has partnered with Saudi Arabia’s Misk Innovation to launch an early-stage...

accelerator

Turkey

Volt Lines raises $1.28 million

Volt Lines, a Turkey-based transportation service has raised $1.28 million in a pre-Series A round led by Dubai Angel Investors (DAI) which...

Transport Sharing Economy turkey

U.A.E

WakeCap secures $1.6 million

WakeCap, the UAE-based construction technology startup has closed $1.6 million in seed investment from a group of global investors...

Construction IoT Hardware

U.A.E

WeInvest sets sights on UAE

Source: Finextra WeInvest, a Singapore-based digital wealth services and robo-advisory firm, announced today its expansion will be into...

Fintech Hive DIFC

Lebanon

Lebanon’s Kamkalima raises $1.5 million Series A

Source: MENAbytes Lebanese EdTech startup Kamkalima has raised $1.5 million in Series A funding from Beirut-based Phoenician...

Series A financing

U.A.E

Abu Dhabi Securities Exchange to create infrastructure for cryptocurrency assets

Source: Bitcoin.com The Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate...

abu dhabi Fintech cryptocurrency

Kuwait

DWS Group acquires stake in GCC FinTech startup Neo Technologies

Source: The National DWS Group, a European asset manager in which Germany’s Deutsche Bank has a majority stake, agreed to...

Fintech

Regional

Uncertain global investment market creates opportunities in region

The prospect of a full-blown trade war between the US and China is prompting some of the world’s investors to look for rebound...

Turkey

Tarfin raises $1.3 million in seed round

Tarfin recently completed a $1.3 million seed round led by Turkey-based Collective Spark Fund with co-investment from Wamda Capital. The...

Agriculture agritech Fintech

U.A.E

Careem closes $200m in latest round

Ride-hailing app Careem has secured $200 million from existing investors including Al Tayyar Group, Kingdom Holding and Rakuten in the...

careem investment round

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