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

  • GCC project sector stands at a combined value of $3.1tn

    There are an estimated 6,722 active projects with a combined value of more than $3.1tn planned or underway in the GCC…

  • WeWork expands to the Middle East by launching its first space in Hub 71, Abu Dhabi

    Abu-Dhabi’s technology park Hub 71 on Monday (3 February) launched WeWork x Hub 71, the first coworking space by WeWork in the Middle East…

  • Kitopi – Dubai-based cloud kitchen platform raises $60 Mn from Knollwood and Lumia Capital

    The Dubai, UAE-based Kitopi, a delivery platform for restaurants across UAE, US, UK, Kuwait and KSA yesterday raised $60 million in a Series B round

  • Crowd Analyzer – Dubai-based social media monitoring platform acquires TaskSpotting

    Dubai-based Crowd Analyzer, a partner company of Wamda yesterday announced that it has acquired the Dubai-based activation platform TaskSpotting.

  • Basma – Beirut-based digital dental startup raises $1.2 Mn

    The Lebanon, Beirut headquartered Basma has raised $1.2 in a seed funding round led by B&Y Venture Partners and Cedar Mundi Ventures

  • Climate action could avoid loss of $26 trillion by 2030 globally

    Countries in the GCC must accelerate their efforts if they are to meet the 2030 Agenda for Sustainable Development Goals (SDGs)…

  • Gamiphy – Palestine-based user engagement & acquisition platform raises six figures

    Palestine-based user engagement & retention platform Gamiphy yesterday (28 Jan) raised undisclosed six figures in a pre-Series A round led by Ibtikar Fund.

  • DIFC launches seamless Digital Onboarding Platform to improve ease of establishing business

    DIFC, a leading international financial centre and top international financial hub in the Middle East, Africa and South Asia (MEASA) region…

  • Only 25% of Investors are Confident in Banks’ Digital Strategies according to Oliver Wyman

    Financial services firms are trying to build the firm of the future, but their lack of progress is stoking deep skepticism among investors, according to Oliver Wyman

  • DMCC partners with CV VC to set up world’s largest crypto ecosystem

    DMCC, Dubai’s free economic zone yesterday announced its partnership with Switzerland’s CV VC and CV Labs to launch Crypto Valley