Hub71 and Bpifrance join forces to unlock funding opportunities for startups
Abu Dhabi's Hub71, on Monday, 12 October 2020, announced a strategic partnership with French investment bank, Bpifrance
MENA
Stay updated on the latest developments in startups, business, and technology across the MENA region. Get breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
Veteran investors Hasan Haider and Sharif El-Badawi launch +VC
Plus Venture Capital (+VC) has launched of its operations and its $60m debut fund focused on investing in early-stage tech startups in MENA.
DIFC partners with PwC Middle East to address data privacy compliance
PwC Middle East has launched an innovative online solution to help organisations comply with the recently announced DIFC Data Protection Law.
Dubai’s Sweetheart Kitchen raises $17.7 Mn Series-C funding
Dubai, UAE-based Sweetheart Kitchen, a multi-brand, delivery-only company, announced a $17.7M Series C funding.
MEED-GlobalData launches MENA PPP Virtual Think Tank
The virtual summit hosted by MEED-GlobalData will bring together industry experts to discuss Public Private Partnership (PPP) frameworks.
Egypt’s fintech startup NowPay secures $2.1 Mn Seed funding
Cairo-based Fintech startup NowPay, on Sunday, 11 October 2020, told LAFFAZ that the company has raised a $2.1 million seed funding.
Amsterdam’s MessageBird raises $200 Mn at $3 Bn valuation to expand to MENA
Amsterdam's MessageBird, omnichannel cloud communications platform, On Thursday, 8 October 2020, raised $200 Mn to expand to MENA.
Zain Bahrain launches Aswat, a platform to sponsor speakers’ podcasts
Zain Bahrain on Monday, 5 October 2020, launched a platform called Aswat, dedicated to sponsoring speakers' podcasts.
Dubai’s Shuaa Capital launches three Sharia-compliant funds
Dubai-based Shuaa Capital, an asset management and investment banking firm, on Friday, 9 October 2020 aunched three Sharia-compliant funds.
Dubai’s Aramex estimates $15 Mn losses due to Beirut & Casablanca tragedy
Aramax on Thursday has reported $15.1 million in losses in Q3 due to Beirut port explosion and fire in its warehouses in Casablanca.
UAE-based investor Murari Lal Jalan is expected to save India’s bankrupt Jet Airways
UAE-based investor Murari Lal Jalan is understood to be favoured to take over India’s grounded Jet Airways by the airline’s creditors.
Egypt’s ‘dreevo’ launches operations post-raising 6-digit pre-seed funding
Egypt-based last-mile delivery startup dreevo on Thursday, 8 October 2020 raised an undisclosed six-figure pre-seed funding.