Hub71 – Abu Dhabi’s tech accelerator appoints ex-Mubadala as the new CEO
Hub71, one of Abu Dhabi's most popular tech startup accelerators on July 6 announced that they have appointed Hanan Harhara Al Yafei as its new CEO.
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.
WeMENA and Spotii partners to introduce dynamic payment instalment offering
The online B2B e-commerce marketplace that servers across the whole MENA region has entered into a partnership with 'buy-now pay later' startup Spotii
Legaltech startup Clara to incorporate in Abu Dhabi Global Market and Cayman Islands
London, UK-based legaltech startup Clara has secured the rights to establish their companies in the Abu Dhabi Global Market (ADGM) and the Cayman Islands.
Dubai kidtech startup Periscope Media raises seed funding
Dubai, UAE-based Periscope Media, a startup that develops kidtech and edutainment today announced that it has closed a seed funding round.
Lean Technologies – Riyadh-based fintech startup scoops $3.5 Mn seed funding
Riyadh, Saudi Arabia-based Lean, a fintech platform today announced that it has raised $3.5 million in a seed round from RAED Ventures
Dubai’s Nomad Homes raises $4 Mn seed funding from Comcast Ventures
Dubai-based digital real estate platform Nomad Homes, raised a $4 million in a seed round led by Comcast Ventures, with participation from Abstract Venture...
Storytel acquires competitor Kitab Sawti to create world’s largest Arabic audiobook offering
Storytel, one of the largest audiobook and e-book streaming service globally has reportedly acquired Kitab Sawti, Dubai-based Arabic audio content platform
Dubai’s Mawaad raises $6.5 million in a Series A round
Dubai-based Mawaad Environmental Services (formerly, Ecofer Global Services) has raised a $6.5 million sum in a Series A funding round
OnePay – Moroccan fintech startup raises $409K funding from Maroc Numeric Fund II
Moroccan fintech startup OnePay that operates as a distributor of means of payment and aggregator of payment and value-added services in electronic transactions
[Exclusive] Andra PR kicks off their FinTech Series 2020 Edition in partnership with Brinc Batelco
Andra Public Relations, a Bahrain based Public Relations firm kicked off their virtual FinTech Series 2020 Edition in partnership with Brinc Batelco
Galactech – Tunisian telecom content aggregator scoops six-figure Pre-Series A funding
Galactech today announced that the company has raised a six-figure sum in its Pre-Series A funding round from Oman Technology Fund (OTF) and some angel investors.
DIFC Presidential Directive Ends on 31 July 2020
The directive was declared as DIFC Presidential Directive No 4. 2020 on 26 April 2020 to address the pressing need for firms based in the Centre and...