MENA

Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.

MENA, News

Editorial Staff
October 5, 2019

IFC invests $1m in Tunisia’s Flat6Labs Avana Seed Fund to Support Women Entrepreneurs

The World Bank’s International Finance Corporation (IFC) has announced that it is investing $1-million in Flat6Labs Tunisia’s Anava Seed Fund.

MENA, News

Editorial Staff
October 1, 2019

Dubai Launches ‘Virtual Company Licence’ for non-resident businesses & freelancers

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Tuesday announced the launch of the region's first 'Virtual Company Licence’.

India, MENA, News

Editorial Staff
September 30, 2019

OYO to Invest $1Bn for Expansion in Saudi Arabia

OYO Hotels & Homes, will invest $1 billion to expand its operations in Saudi Arabia by adding luxury and upper-budget/mid-segment hotels...

MENA, News

Editorial Staff
September 30, 2019

Mubadala to invest $500m in North American Cologix

The Abu Dhabi-based global investment firm, has signed an agreement to invest up to USD$500 million in Cologix.

MENA, News

Editorial Staff
September 29, 2019

temtem – Algeria’s Ride-hailing startup secures $4 Million

temtem - Algeria's Ride-hailing startup secures $4 Mn

Algeria-based mobility startup temtem has recently raised $4 million in a Series A round led by Tell Venture Automotive

MENA, News

Editorial Staff
September 26, 2019

UAE SME Businesses recognised at the 2019 Gulf Capital SME Awards

Gulf Capital has unveiled the winners of the 8th Gulf Capital SME Awards 2019 at a gala dinner hosted at The Ritz-Carlton, DIFC.

MENA, News

Editorial Staff
September 24, 2019

UAE remains preferred location for SMEs as number of new registered companies increase by 30%

Gulf Capital and MEED reveals that the number of small and medium-sized enterprises (SME) entering the UAE has grown by 30 per cent over the past decade...

MENA, News

Editorial Staff
September 23, 2019

Dubai Soars to Number Eight Amongst Global Financial Powerhouses

Dubai has risen up the ranks of the Global Financial Centres Index (GFCI) to number eight position, representing its highest-ever ranking.

MENA, News

Editorial Staff
September 21, 2019

Halan – Egyptian Logistics Startup all set to expand to Ethiopia

Egyptian logistics start-up Halan that uses two and three-wheeled vehicles to offer rides and goods, will begin operating in Ethiopia by the end of 2019.