Wamda

U.A.E

HRA Experience raises $40 million to launch Web3-powered global travel ecosystem

Abu Dhabi-based Web3 travel and payment platform HRA Experience has raised $40 million in a private investment round ahead of its...

HRA Experience

Oman

Oman’s Darrbak secures pre-seed funding from Future Fund

Oman-based B2B traveltech Darrbak has closed an undisclosed pre-seed funding round led by the Future Fund under the Oman Investment...

Darrbak traveltech Future Fund

Saudi Arabia

TDF Grow Accelerator Programme celebrates the graduation of first cohort

Saudi Arabia’s national enabler of the tourism sector, the Tourism Development Fund (TDF), has celebrated the first cohort of the...

TDF Grow Accelerator Programme Tourism Development Fund Tourism

U.A.E

Traveltech Seeru closes undisclosed pre-Seed round

UAE-based traveltech Seeru has raised a pre-Seed funding round at an undisclosed amount, led by the US-based venture studio Nabtah...

Seeru traveltech Nabtah Ventures

U.A.E

The Digital Hotelier closes $1 million Seed round

UAE-based traveltech The Digital Hotelier, has closed a Seed round of $1 million from the Silicon Valley-based VC firm Plug and Play,...

Hope Ventures Beban the Digital Hotelier

U.A.E

Travel startup Dharma raises $4.7 million pre-Series A round

UAE-based travel management platform Dharma, has raised a $4.7 million pre-Series A funding round led by San Francisco-based...

Dharma Travel Convivialite Ventures

U.A.E

More layoffs at SWVL as company risks delisting from NASDAQ

Mirroring its global peers, Egypt-born and UAE-based mass mobility startup SWVL is bracing itself for drastic monetary belt-tightening...

Swvl mobility

Egypt

SWVL suspends $100 million acquisition of UK’s Zeelo

Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a...

Swvl

U.A.E

UAE-based travel marketplace Wego acquires Cleartrip

UAE-based online travel marketplace Wego is set to acquire Cleartrip’s Middle East business in the second half of 2022 for an...

Cleartrip Wego Travel

Regional

Is there hope for startups in the tourism sector?

The accelerating pace of vaccination efforts worldwide has led to encouraging signs of recovery in the tourism industry, but as the virus...

Travel Tourism

Saudi Arabia

Gathern raises $6 million Series A led by STV

Saudi Arabia-based Gathern, a peer-to-peer (P2P) vacation rental marketplace has raised a $6 million Series A round led by STV with...

Gathern Series A

Saudi Arabia

Telgani: Partnering for profit in Saudi’s mobility sector

In countries that lack a robust public transport infrastructure, car ownership and renting tend to dominate. Over the past couple of years,...

Telgani mobility

Regional

Future of mobility: Rise in private vehicle demand

This is the fourth part in a series of features examining the impact of Covid-19 on the region's transport and mobility...

mobility car rental car share

Regional

What's next for traveltech?

The travel sector was the worst-hit during the lockdown and it will likely take years before numbers reach pre-Covid levels. Yet...

Travel traveltech podcast

Regional

The future of mobility: Buses on demand

This is the first part in a series of features examining the impact of Covid-19 on the region's transport and mobility startups Over...

mobility Swvl Buseet

Global

Uber completes acquisition of Careem

Uber has confirmed the official close of its acquisition of UAE-based Careem for $3.1 billion, but is still awaiting regulatory approval in...

Careeem Uber acquisition

Global

Will travelling at speeds of 1000km/h change society?

The hyperloop is a new form of transport that, in theory, can travel at speeds of about 1000 kilometres per hour. Spearheading the design...

Hyperloop One Hyperloop Transport

Regional

Mobile drives online travel bookings

Mobile is becoming one of the main ways that users in the Middle East are searching and booking their travel options according to a report...

Travel sector Travel travel tech

Pakistan

In conversation with Muneeb Maayr of Bykea

As one of the founders of Daraz, Pakistan’s biggest e-commerce platform, Muneeb Maayr is considered one of the country’s most...

Daraz ride-hailing pakistan

Regional

HiGuests closes investment at $1.1 million

Source: Menabytes Dubai-based property management startup HiGuests has closed $1.1 million (EUR 1 million) in an investment round,...

Dubai startup

Regional

2019 Futurism Programme

The Futurism Programme, a 6-week, zero equity, accelerator programme in Dubai for the travel and tourism industry, aims to...

U.A.E

In conversation with Muhammad Chbib of Tajawal

Having been raised and educated in Germany, Muhammad Chbib describes himself as someone with “German thinking paired with Arab...

travel tech sukar Entrepreneur

Egypt

Uber agrees to pay VAT in Egypt

Source: Reuters Uber has agreed to pay value-added tax on its services in Egypt, Egyptian officials said on Monday, a move that may help...

Uber Egypt VAT

Saudi Arabia

Al Tayyar acquires rest of 40 per cent stake in Almosafer

Source: Menabytes Al Tayyar Group, one of the largest travel and tourism companies in Saudi Arabia with presence almost all over the...

news Investment Travel

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