MENA

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

  • Berkeley-based foodtech company Memphis Meats raises $161 Mn from Richard Branson, Prince Khaled, Softbank and others

    The leading cell-based meat, poultry and seafood company Memphis Meats has announced the close of a $161 million funding round…

  • DIFC’s FinTech Hive reveals ‘Scale Up Programme’ for FinTech startups

    DIFC’s FinTech Hive revealed the launch of a new funding accelerator programme for FinTech start-ups in the MEASA region…

  • Prince Khaled’s KBW Ventures invests in Singapore biotech startup TurtleTree Labs

    The pre-seed round was led by Lever VC with K2 Global and KBW Ventures joining the round and backing TurtleTree Labs’ first raise

  • Dubai’s Global Ventures appoints Ex-Jamalon COO as the Operating Partner

    Dubai-based Global Ventures appoints Said Murad as the Operating Partner. Murad is the former COO of Jamalon, a Jordan-based online books marketplace.

  • Morocco’s Mubawab raises $7 Mn from UAE’s Emerging Markets Property Group

    Mubawab, Casablanca, Morocco-based real-estate platform last week raised $7 Mn from UAE’s Emerging Markets Property Group (EMPG) to accelerate its growth.

  • HH Sheikh Mohammed enacts amendments to DIFC Employment Law and new regulations to introduce new end of service savings plan

    Rashid Al Maktoum, Vice President & Prime Minister of UAE, in his capacity as the Ruler of Dubai, has enacted the Employment Law Amendment Law No. 4 of 2020…

  • DIFC enacts new leasing law to increase protections for property owners and tenants

    HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has enacted a new DIFC Leasing Law No. 1 of 2020…

  • [Exclusive] temtem partners with Ooredoo to synergise value for their respective customers

    The Algeria-based ride-hailing startup temtem in a move to support innovative technology solutions has partnered with the Doha, Qatar-based Ooredoo …

  • Dubai-based SpiderSilk raises $500K in a seed round led by Global Ventures

    Dubai-based cybersecurity startup SpiderSilk has raised $500K in a seed funding round led by Global Ventures along with participation from FutureTech…

  • VentureSouq exits from Frontier Car Group of Germany

    The Dubai-based investment platform for global early-stage technology businesses VentureSouq has taken its exit from the Berlin-based Frontier Car Group