Wamda

Regional

Mena to witness more than 45 unicorns by 2030, STV report

Mena is set to witness the birth of more than 45 unicorns in the next eight years, with an estimated total equity value to reach more...

STV Fintech Unicorn

U.A.E

Dukkantek expands to six new markets

UAE-based store management platform Dukkantek, has expanded to six additional markets besides the UAE, including Kuwait, Qatar, Bahrain,...

Dukkantek

U.A.E

Majid Al Futtaim launches new accelerator to support regional SMEs

UAE-based retail group Majid Al Futtaim and AstroLabs have launched Majid Al Futtaim Launchpad, an accelerator programme that aims to...

Majid Al Futtaim Astrolabs accelerator

Saudi Arabia

Endeavor launches report on state of Saudi startup ecosystem

A report published by Endeavor Saudi Arabia highlights the rapid growth of the country's startup sector. Riyadh’s tech...

Endeavor Mapping The Riyadh Tech Sector

Regional

Retailo acquires UAE's DXBUY

Saudi Arabia-based B2B marketplace Retailo has acquired UAE-based DXBUY for an undisclosed amount. The acquisition is part of...

Retailo DXBUY

Global

SWVL acquires German mobility software startup door2door

Dubai-based mobility startup SWVL, has acquired Berlin-based public mobility solutions provider door2door for an undisclosed...

Swvl

U.A.E

Quiqup receives $1.36 million loan from MBRIF

UAE-based last-mile delivery provider Quiqup has raised $1.36 million as a guarantee for a loan from The Mohammed Bin Rashid Innovation...

Quiqup q-commerce MBRIF

Egypt

Milezmore raises $5 million pre-Seed round from Brimore

Cairo-based logistics provider Milezmore has raised a $5 million pre-Seed round from Brimore, a social commerce startup based in...

Brimore Milezmore

U.A.E

UAE’s Postpay partners with CBD for debt financing

UAE-based fintech Postpay has a signed a debt financing deal with the Commercial Bank of Dubai (CBD) to enhance its suite of financial...

Postpay CBD BNPL

Saudi Arabia

Saudi agritech Red Sea Farms expands into US

Saudi Arabia-based agritech Red Sea Farms is expanding to the US, following an investment from US investors AppHarvest and Bonaventure...

agritech Red Sea Farms

Egypt

Mozare3: Enabling small farmers in Egypt to become bankable

The agriculture sector is the largest employer in Egypt; nearly 28 per cent of the total workforce work in agriculture, according to USAID....

Agtech Mozare3

Kuwait

Dawrat expands to KSA

Kuwait-based edtech Dawrat has announced its expansion to Saudi Arabia. Dawrat, founded by Mohamed Al Srayea and Yousef Bonashi in...

Dawrat EdTech

U.A.E

CARS24 raises $20 million debt funding from CBD

India-based automotive e-commerce platform CARS24 has raised Dh75 million ($20 million) in local debt funding from the Commercial Bank...

CARS24 Commercial Bank of Dubai

Egypt

Egypt’s Homzmart expands to Saudi Arabia

Cairo-based furniture marketplace Homzmart, has announced the expansion of its operations into Saudi Arabia. Founded in...

Homzmart furniture Expansion

U.A.E

UAE’s Swvl expands into Latin America by acquiring Argentina's Viapool

UAE-based Swvl has entered the Latin American mobility market by acquiring a controlling stake in Argentina's Viapool for...

Swvl Latin America

U.A.E

Eight startups graduate from Flat6Labs Ignite programme in Abu Dhabi

Eight startups have graduated from the Flat6Labs Ignite programme in Abu Dhabi with each startup receiving Seed investment ranging from...

Flat6Labs Ignite Programme accelerator

Egypt

Fintech Galaxy, GIZ launch accelerator programme for startups in Egypt, Jordan

UAE-based Fintech Galaxy has partnered with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) to launch a new...

GIZ Fintech Galaxy

Regional

India's startup expansion to Mena: A cause for concern?

Since 2016, more than 50 India-based startups have expanded into the Middle East and North Africa (Mena) by making their UAE debut an entry...

India Softbank Softbank Vision Fund

Saudi Arabia

Swvl expands to Saudi Arabia

Egypt-founded mass transportation startup Swvl, has expanded to Saudi Arabia to serve the corporate and business sector. The...

Swvl Saudi Arabia Egypt

Regional

Startup advice: Building an efficient sales engine for a growth-stage startup

Sakshi Tulsian is the co-founder and chief revenue officer (CRO) at India-based POSist Technologies, which offers cloud-based restaurant...

POSist

U.A.E

Hub71 and ADIO to grant 10 startups $2.7 million as part of The Outliers initiative

Abu Dhabi’s Hub71 and the Abu Dhabi Investment Office (ADIO) have launched The Outliers Programme to support early-stage tech...

Hub71 ADIO The Outliers

Global

Why is succession planning important for your startup?

Warsha Joshi and Evan Le Clus are startup mentors and the co-founders of Dare to Scale, an ecosystem for entrepreneurs scaling their...

Scaling

U.A.E

Mythical to meteoric: The rise of tech unicorns

Ammar Al Malik is the managing director of Dubai Internet City The boom in tech firms either floating on stock markets or achieving...

unicorns

Qatar

Joi Gifts looks to Series A round after raising $750,000 this year

UAE-based e-commerce gifting platform, Joi Gifts has expanded to Qatar, its eighth country after raising $750,000 in a pre-Series A funding...

joi gifts qatar doha

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