Wamda

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

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...

lebanon Berytech MIF

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)...

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...

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...

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...

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...

news careem palestine

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...

recruitement online platform

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...

MEVP BECO Capital Shedul

Regional

New startups on the block: June

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

new startups f&b SAAS

U.A.E

Dubai launches a smart city accelerator

His Highness Sheikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Silicon Oasis Authority (DSOA), opened the Dubai Smart City Accelerator,...

dubai smart city accelerator dubai silicon oasis

Global

MIT's new technologies for extracting drinking water from the air

Operating out of MIT the Abdul Latif Jameel World Water and Food Security Lab (J-WAFS) is an initiative that coordinates and promotes...

MIT Abdul Latif Jameel World Water and Food Security Lab

U.A.E

Careem and OSN partner for discount rates and enhancing customer experience

Careem and OSN announced a strategic partnership May 22. The partnership promises to deliver enhanced benefits to customers of both...

careem OSN Telcos

Lebanon

Lebanese automotive marketplace receives $1.8M seed fund

Lebanese automotive marketplace Seez have received $1.8 million in seed funding from B&Y, Phoenician Funds, and Wamda Capital. Seez...

Seez seed fund B&Y

U.A.E

GITEX announces its 2017 Startup event, $180K in prize money

GITEX Startup 2017 has announced that it will be taking place this year in Dubai October 8-12 as part of the GITEX Technology...

uae GITEX news watch

Kuwait

Kuwait’s Carriage acquired by Delivery Hero

Delivery Hero Group (Delivery Hero), the global online food ordering and delivery marketplace, announced today it has agreed to acquire...

Carriage Delivery Hero kuwait

Lebanon

Lebnet Ignite#4 graduates 8 startups

Lebnet Ignite#4, a program designed to immerse Lebanese startup founders in the Silicon Valley culture, graduated this year eight startups....

LebNet Lebnet Ignite

Lebanon

AUB and UKLTH to fund diabetes solution

UK Lebanon Tech Hub (UKLTH) announced today that it will fund the research and development of Ediamond (electromagnetic diabetes monitoring...

news watch UK Lebanon Tech Hub aub

Saudi Arabia

STC announces the establishment of its $500M VC fund, STV

Saudi Telecom Company (STC) announced today the establishment of STV, a technology venture capital fund of $500 million. STV will have...

STC STV Saudi Arabia

Global

Hikma Ventures co-leads $11M Series A round in US startup

Hikma Ventures has participated in a $11 million round of financing for Lemonaid Health. The Series A funding round was led by Novartis...

Hikma Ventures Hikma Pharmaceutical Healthcare

Lebanon

Darwazah Contest Awards proves everyone's a winner

Eight startup ideas were selected to take part in the Darwazah Contest Awards, which took place at the American University of Beirut (AUB)...

Darwazah aub

Egypt

GE Egypt Digital Innovation Challenge announced the winners

Last week, the GE Egypt Digital Innovation Challenge announced three winners, on May 22nd, after reviewing more...

Egypt Egypt Innovate tiec

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