MENA

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

  • The Rise of Cryptocurrency and Blockchain Ecosystem in MENA

    Summaries of all the major disruptions in the past few months in the blockchain and cryptocurrency ecosystem of UAE, Saudi Arabia and the rest of MENA regions

  • Sheikh Saeed bin Ahmed Al Maktoum Invests in Car Rental Platform Urent

    Ever imagined Airbnb for cars? Well, there is one – Urent is a new online platform that aims to revolutionise the UAE car rental industry.

  • Averos Raises Pre-series A Round from Aramco’s Wa’ed Ventures

    Averos, a Saudi Arabian tracking startup based out of Makkah, raised an undisclosed Pre-Series A funding round from Saudi Aramco’s Wa’ed Ventures…

  • Glovo Returns to Egypt in Charge of Breaking the law

    Barcelona, Spain-based logistic startup Glovo who announced exit from Egypt in April this very year has returned by resuming services again…

  • Arzooo.com Raises $1 Million from Dubai’s Jabbar Internet Group

    Arzooo.com, the Indian reverse auction-based e-commerce platform launched by the two Flipkart’s former executives Khushnud Khan and Rishi…

  • Eksab – Egypt-based eSports Platform Raises Seed Fund from 500 Startups

    Eksab, the leading Daily Fantasy Sports (DFS) platform in MENA and the GCC, announced a six-figure seed investment from 500 Startups…

  • Netflix’s first Arabic Production Jinn Dismayed the Middle East

    The complaints came majorly regarding the two scenes of Jinn in which the actress Salma Milhis kisses two different boys – pretty much for the Middle East…

  • Softbank teams up with Goldman Sachs for the second $100 Billion Raise

    SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund…

  • Egyptian Startup Orcas raises $500,000 from Algebra Ventures and NFX Ventures

    The Egyptian ed-tech startup Orcas that connects students and parents with specialized tutors and babysitters has just raised $500,000…

  • Uber clears first regulatory hurdle in Careem acquisition

    Uber cleared the first regulatory hurdle of its $3.1 bn acquisition of Careem as the UAE Minister of Economy granted full approval of the deal…