
Egypt’s Ibnsina Pharma acquires 75% of compatriot 3elagi Tech
Egypt's pharmaceutical firm Ibnsina Pharma, has reportedly acquired a 75 percent stake in its compatriot 3elagi Tech.
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.

Egypt's pharmaceutical firm Ibnsina Pharma, has reportedly acquired a 75 percent stake in its compatriot 3elagi Tech.

Dubai, UAE-based influencer marketing platform Brand Ripplr, on Sunday $1 million in a Series A round led by Dubai Angel Investors

Village Capital’s Finance Forward MENA 2020 selects 11 fintech startups for its accelerator program to provide equity-free investments.
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DIFC, on Saturday, announced that Ripple, the enterprise blockchain solution for global payments, has established its regional headquarters in the Centre.

Global OTT and entertainment giant Netflix, today announced the release of its next Arabic original series, Paranormal.

Morocco-based ALTAN Space, on Tuesday, raised $1.1 million in a round led by Maroc Numeric Fund II.

Egypt-based ILLA, a middle-mile and last-mile logistics startup, on Tuesday raised $500,000 in a seed funding round led by Averroes VC and AUC Angels

Dubai-based re-commerce startup Cartlow, on Monday raised $2 million in a Pre-Series A round from Arzan Ventures, Vision Ventures, and others.

Delaware-based SaaS startup OTO, on Monday announced that the company has expanded its operations to six geographies in the MENA region

Egypt-based fashion e-commerce platform Brantu, on Sunday raised a seven-figure Series A round, led by Sawari Ventures.

Bengaluru's FreshToHome, on Wednesday raised $121 Mn from Investment Corporation of Dubai and Bahrain's Investcorp.