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.
MENA
Startup funding, acquisitions, government-backed initiatives, and cross-border business developments from across the Middle East and North Africa.
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.
Bahrain’s EDX Labs gets recognition from Gartner
Bahrain's EDX Labs On Thursday, 8 October 2019 has been recognised as a Representative Vendor for DMARC and Brand Protection by Gartner.
Visa and Fawry join forces to enhance e-payments across Egypt
Egypt's digital transformation and e-payments platform, Fawry has signed a strategic partnership with Visa to accelerate e-payments in Egypt.
Tunisia’s edtech startup GoMyCode raises $850K Pre-Series A
Tunisia's edtech startup GoMyCode on 6 October, raised $850K Pre-Series A round led by Meninx Holding, Anava Seed Fund and Jasminum Capital.
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.