Turkey Turkey's Modanisa sells minority stake to Goldman Sachs Modest fashion online retailer Modanisa today announced that it has sold a minority stake to Goldman Sachs and Wamda Capital. The... Wamda • 14 January, 2019 ecommerce modanisa modest fashion
U.A.E Dubizzle stake acquired for $190 million UAE-based online classifieds website dubizzle has been fully acquired by Naspers, a South Africa-based investor through its subsidiary OLX... Wamda • 13 January, 2019 Dubizzle classifieds marketplace
U.A.E CE-Ventures invests in US artificial intelligence company UAE-based CE-Ventures, the venture capital arm of Crescent Enterprises, has invested in Silicon Valley-based artificial intelligence... News • 09 January, 2019 #investment #VentureCapital #Artifical_Intelligence
Regional Startups raise $893 million in 2018 Investments in Middle East and North Africa (Mena)-based startups rose by 31 per cent in 2018 to $893 million with 366 deals according to... Yasmeen Nabil • 09 January, 2019 Investment MENA Mena Venture Investments
Regional yallacompare raises $8 million in latest round Dubai-based yallacompare has raised $8 million in its latest round of funding. Lead by existing investors STC Ventures and Wamda... Triska Hamid • 06 January, 2019 Insurance Price comparison Egypt
Global Middle East Venture Partners invests in US software company Middle East Venture Partners (MEVP) led a series B round in US-based software company FADEL and was joined by Kafalat iSME and B&Y... Yasmeen Nabil • 03 January, 2019 series B MEVP software engineering
Bahrain Bahrain's Inagrab closes seed round Source: Startup MGZN Bahraini startup Inagrab, a platform that helps retail businesses scale their business with the help of A.I... News • 03 January, 2019 Bahrain 500 startups Retail
U.A.E Enerwhere raises $940,000 through crowdfunding Source: The National Dubai-based solar company Enerwhere raised Dh1 million ($940,000) in less than a week via a crowdfunding platform... News • 03 January, 2019 solar Crowdfunding beehive
Egypt Egyptian pet-care startup VetCode raises 450,000 in seed funding Source: Startup Scene Egypt's pet-care startup, VetCode, raises seed funding at $450,000 pre-money valuation from Pmaestro on... News • 23 December, 2018 #investment #Egypt
Saudi Arabia Saudi Aramco signs agreement with ICT company to invest in tech enterprises Source: Startup MGZN State oil giant Saudi Aramco said it has signed an agreement with Saudi Information Technology Company to... News • 19 December, 2018
Saudi Arabia Maharah acquires a strategic stake in UAE's Bloovo Source: Entreprenuer Bloovo, one of UAE’s algorithm-based online recruitment platforms, has brought Saudi-based Maharah Human... News • 18 December, 2018 acquisition HR saudi
Saudi Arabia Ajeer raises $530,000 from angels Source: MENAbytes Ajeer, a Riyadh-based home services marketplace has raised ~$533,000 (2 million Saudi Riyal) in seed funding, the... News • 16 December, 2018 #News #investment
Tunisia Tunisia’s Expensya raises $4.5 million Source: MENAbytes Expensya, a SaaS for expense management, has raised a little over $4.5 million (€4 million) in its latest funding... News • 16 December, 2018 Investment tunisia
U.A.E Step Conference 2019 For its seventh year in a row, the largest experiential tech festival in the Middle East, STEP Conference, is Coming Home to Dubai Internet... Wamda • 16 December, 2018
Saudi Arabia Saudi's BIAC tries to bridge funding gap for startups The Business Incubators and Accelerators Company (BIAC) has launched a new investment initiative in partnership with VentureSouq to bridge... News • 13 December, 2018 funding gap
Egypt Wasla raises $180,000 pre-seed Source: Menabytes Cairo-based Wasla has raised $180,000 in pre-seed funding from a group of angel investors led by a Cairo-based... News • 12 December, 2018 #mobile #tech #wasla
U.A.E Mix N' Mentor Mix N’ Mentor brings together promising entrepreneurs with top regional and global mentors. The event includes mentorship... Wamda • 11 December, 2018
Kuwait Kuwait's Agility to invest $100m in Shipa.com Source: The National Agility, one of the largest logistics firms in the region, will invest $100 million in a digital logistics platform... News • 11 December, 2018 Logistics ecommerce
Egypt From Transport to Fintech: RiseUp Concludes its Sixth Edition The sixth edition of the RiseUp Summit in Cairo closed with several announcements, engaging discussions and the inevitable bustle of the... Wamda • 10 December, 2018 #entrepreneurship #RiseUp #AimHigh
Egypt Competition heats up for Cairo's ride-hailing apps The first announcement at this year’s RiseUp Summit in Cairo came from Halan, a motorcycle and tuk-tuk-hailing app. Following on from... Triska Hamid • 07 December, 2018 ride hailing careem Uber
Egypt RiseUp Summit 2018 RiseUp Summit is a three-day, one-stop-shop, entrepreneurship marathon. Thought leaders, media mavens, tech-legends and power player... Wamda • 05 December, 2018
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... News • 03 December, 2018 Series A Investment
Regional Checking in on impact investment in Mena The Middle East and North Africa (Mena) region is home to increasingly developed entrepreneurship ecosystems, a growing number of venture... Jamil Wyne • 29 November, 2018 Impact impact entrepreneurship
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... Yasmeen Nabil • 26 November, 2018 investement Logistics