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

  • temtem partners with JUMIA Food to help restaurants outsource their logistics

    temtem and Jumia Food are happy to announce today the launch of their delivery partnership for customers ordering from Jumia Food…

  • Mubadala Invests in Berlin-based Micro-Mobility Startup ‘Tier’

    Tier Mobility on Monday has raised $60 million in a Series B round led by Abu Dhabi-based Mubadala Investment Company and California’s Goodwater Capital.

  • DIFC Receives FinX FinTech Hub of the Year Award

    The Centre recognised for role in identifying new avenues for facilitating innovation and excellence within the financial technology sector.

  • DIFC Prioritises Digital Transformation to Enhance Connectivity and accessibility

    Brand-new DIFC Connect – HID Mobile App enabling greater convenience and security for community and visitors

  • Adnoc and OCI have successfully formed the joint venture ‘Fertiglobe’

    The joint venture Fertiglobe, which will be based in the Abu Dhabi Global Market, has over $1.7 billion of annual revenues

  • BECO Capital Closes Second Fund at $100m

    Regional venture capital firm BECO Capital successfully closed its second fund at $100 million, significantly more than its initial target of $80 million.

  • Samsung-backed ‘Blocko’ Blockchain Company Partners with Dubai Royal Family

    Samsung-backed Blocko, has launched in the UAE in partnership with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum.

  • Jordan-based arabot Raises $1Mn for Regional Expansion

    Jordan-based arabot that offers seamless online solutions and services using AI technology, recently raised a $1M seed round led by Riyad TAQNIA Fund (RTF).

  • Syrian-led Startups Spermly and Therapist House Win the Startup Roadshow in Gaziantep

    Last week, two Syrian-led startups, Spermly and Therapist House, championed the Startup Roadshow competition in Gaziantep, Turkey.

  • UAE-based ‘YaLLa Esports’ Qualifies for Three International Tournaments Worth $1.2 Mn

    UAE-based startup esports organization YaLLa Esports qualified for three large-scale international tournaments during the month of September.

  • Cairo-Based iCommunity Real Estate Platform Raises $600K

    iCommunity, Egypt’s first mobile community platform for the real estate industry, aims to transform engagement between residents and real estate developers.

  • 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.

  • 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’.

  • 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…

  • 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.