Egypt’s Milango raises six-figure seed funding from A15
Egypt-based community management solution provider Milango, on Tuesday, 6 October 2020, raised a six-figure seed funding from A15 and more.
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.
Jordanian edtech startup IQRA’A Audiobooks raises $150K pre-seed funding
Amman, Jordan-based edtech startup IQRA’A Audiobooks, on Wednesday, 7 October 2020, has raised $150,000 in a pre-seed funding round.
Kuwait’s flower delivery app ‘Floward’ raises $2.7 Mn from Impact46
Kuwait's Floward, a flowers and gifts delivery startup, on Wednesday 7 October 2020 has secured a $2.7 million funding from Impact46.
Israeli venture capital firm OurCrowd joins forces with UAE’s Phoenix Group
Jerusalem, Israel-based venture capital firm OurCrowd on Tuesday, 6 October 2020, signed an MoU with UAE's Phoenix Group.
50 MENA startups made it to Forbes Middle East, 8 Women-led startups
Here's to the the proud moment for the MENA startup ecosystem, the "Middle East's 50 Most-Funded Startups 2020" list is here.
Dubai’s Emirex Exchange raises undisclosed investment from US-based Alpha Sigma
UAE-based Emirex Exchange has recently raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC)
temtem, Algeria’s ride-hailing startup launches its super app
Algiers, Algeria-based temtem, a mobility startup on Sunday, 4 October, 2020, announced that it has launched the country's first super app
Flick, Egypt’s fintech startup secures $1 Mn Pre-Seed funding
Egypt-based fintech startup Flick, that offers peer-to-peer app that digitizes the cross-border money transfer, raises $1 million pre-seed.
India’s Amity Group plans new schools in UAE & Oman post-COVID-19
India's education giant Amity Group has reportedly announced that it is projecting to set up new schools in the UAE and Oman.
12th Arab Fashion Week to showcase Brazilian haute couture
12th edition of Arab Fashion Week will be held in Dubai from October 21 to 24 and streamed online across various channels including TikTok.
UAE ranks first in Arab world in IMD World Digital Competitiveness Ranking
UAE's ranking factors in the "World Digital Competitiveness Ranking 2020", the first in the Arab world and nineth in the world.
Dubai economy to contract by 11%, impact of COVID-19 on tourism
S&P Global Ratings on Saturday, 4 October 2020, stated that Dubai's economy could contract by 11 percent in, impact of COVID-19 on tourism