Startup News and Featured Stories fostering insights to various sectors (Fintech, Edtech, Logistics etc.) of MENA (Middle East & North Africa)

  • ZON – UAE’s first decentralized mobile e-commerce startup closes region’s largest-ever seed funding round at $8 Mn

    ZON, the region’s first fully decentralized mobile-only e-commerce platform on Thursday, March 26 closed a seed funding round of $8 million

  • DubaiStore – UAE’s first online shopping initiative launched to support SMEs

    DubaiStore, a UAE-based e-commerce platform that synergises growth for small and medium businesses has been launched by Dubai Economy Solutions (DES)

  • Saudi’s online grocery platform Nana scoops $18 Mn from STV, MEVP, Wamda & more

    Nana today raised a whopping sum of $18 million in a Series B round led by Saudi Technology Ventures (STV) and Middle East Venture Partners (MEVP)

  • ElCoach – Cairo-based fitness startup raises six-figure seed funding

    Cairo, Egypt-based fitness startup ElCoach raised six-figure in a seed funding round on 18 March led by Endure Capital, 500 Startups, Wise Capital

  • Bahrain’s Al Waha fund of funds invests in California’s Lumia Capital

    Bahrain-based Al Waha fund of funds last week invested a substantial sum in the San Francisco based venture capital firm Lumia Capital for its Lumia Capital Fund II

  • Quant – Saudi data science & AI startup scoops $1.2 Mn from BIAC

    The Riyadh, Saudi Arabia-headquartered data analytics and AI startup on Tuesday (March 17) raised $1.2 million in a Pre-Series A funding round from BIAC.

  • DIFC Confirms DEWS Supervisory Board members

    DIFC today announced the appointment of its Supervisory Board members of its newly launched DIFC Employee Workplace Savings Scheme (DEWS).

  • Abwaab – Jordanian edtech startup raises $2.4 Mn pre-seed funding

    Jordan-based Abwaab, an edtech startup has reportedly raised $2.4 million in a Pre-Seed round led by Adam Tech Ventures with Endure Capital, Equitrust and more

  • UAE amid COVID-19 outbreak & measures taken by the Government

    The first case of Coronavirus or COVID-19 was identified on January 29. MoHAP on March 11 announced a total of 85 Coronavirus cases in UAE.

  • MEED names UAE’s best projects demonstrating excellence across architecture, construction and engineering

    Middle East Economic Digest yesterday announced the finalists and national winners for the tenth edition of its MEED Project Awards