DIFC FinTech Hive and FinTech-Aviv signs landmark agreement
The agreement outlines partnership opportunities between DIFC FinTech Hive and Israel’s FinTech Aviv, focused on innovation and financial technology.
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.
UAE implements 100% foreign ownership for expat entrepreneurs, primarily Indians
Foreign business owners can own 100 percent of their businesses established in the UAE. The move leverages the skilled manpower of India.
Quiqup, Dubai’s same-day delivery startup raises $5.5m from Delivery Hero
Dubai, UAE-based Quiqup, a same-day delivery startup, on Tuesday raised $5.5 million in a funding round led by Delivery Hero.
Iraq’s Intellect Code announces full acquisition by Ahmed Gorani
Erbil, Iraq-based adtech startup Intellect Code, on Thursday announced full acquisition of its shares by Ahmed Gorani
Tabib, Baghdad’s healthtech startup bags 6-figure seed funding
Baghdad, Iraq-based healthtech startup Tabib, on Thursday raised 6-figure investment in a seed funding round led by KAPITA and Nass Al Iraq.
Saudi’s Salla raises $8.5 million funding in Series A from STV
Saudi Arabia-based e-commerce Salla, on Tuesday raised SAR32 million ($8.5 million) Series A round led by STV.
Egypt’s Fantasy sports platform startup Eksab raises funding from 4DX Ventures
Cairo, Egypt-based Eksab, on Tuesday, raised $500,000 from 4DX Ventures, with participation from strategic investors.
BIDAYATECH, MENA’s first reward-based crowdfunding platform officially launches
BIDAYATECH; MENA’s first reward-based crowdfunding platform launches to help tech startups overcome funding gap challenges in MENA.
Bahrain’s Investcorp invests in Indian logistics startup Xpressbees
Bahrain's Investcorp, on Sunday announced that it has invested an undisclosed sum in the Series E round for Indian logistics company, Xpressbees
Egypt’s ExpandCart bags $2.5 million Series A funding
Egypt's e-commerce solution provider, ExpandCart, on Sunday raised $2.5 million in Series A round, led by Sawari Ventures.
UAE’s Fruitful Day bags $817K via Eureeca crowdfunding platform
UAE-based F&B startup Fruitful Day, on Thursday raised AED 3 million (around $817K) via Eureeca, an equity crowdfunding platform.
App4Legal, UAE-based legaltech startup bags Pre-Series A funding
UAE-based legal-tech software editor, App4Legal, on Monday raised Pre-Series A funding from Betatron and Dubai Angel Investors.