91springboard raises INR 45 Cr funding from Pearl Brook & Kuwait’s Al Nour
91spingboard today raised INR 45 crore (around $60 million) from California's Pearl Brook Holdings Ltd and Kuwait's Al Nour International Holdings Company.
MENA
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DIFC Academy and Thomson Reuters partners to boost exertion of legal tech & research tools in MENA
Dubai International Financial Centre (DIFC) Academy and Thomson Reuters MENA have entered into a strategic partnership that aims to substantially...
How Kibsons is supporting its employees and customers during COVID-19 crisis
As COVID-19 spread, there was a rapid increase in people shopping online and demand on Kibsons daily operations was like they’d never experienced...
Flat6Labs Bahrain Launches Fifth Cycle
Flat6Labs Bahrain has officially begun the fifth cycle of its acceleration programme in the Kingdom. Eight startups have been selected to receive $32K each
Kitab Sawti announces partnership with Careem KSA
Founded in 2016 by Sebastian Bond and Anton Pollak, Kitab Sawti is a Dubai-based Arabic audio content production and distribution platform
Noon Academy – Saudi’s edtech platform raised $13 Mn funding
Riyadh, Saudi Arabia-based edtech startup Noon Academy today announced that the company has raised $13 million in a Pre-Series B round
ADIO invests in Shorooq Partners’ Bedaya Fund to elevate access to funding for startups in Abu Dhabi
The Abu Dhabi Investment Offic (ADIO) has invested in Shorooq Partners' Bedaya Fund in a move to create funding opportunities for Abu Dhabi-based startups.
Careem invests $50 Mn in its new Super App as a part of COVID-19 revival plans
Dubai, UAE-based ride-hailing unicorn Careem has reportedly launched its Super App across 13 markets and invested $50 million in the same.
UAE’s Al Tayer Group shuts down its e-tailer Nisnass
UAE-based Al Tayer Group has recently announced that its e-tailer Nisnass will close down its operations from July 16.
These Dubai-based gyms announce shutdown due to COVID-19
five Dubai-based gyms and fitness centres have permanently closed operations as COVID-19 including CrossFit GoldBox Dubai, Flywheel Dubai, Cult.Fit...
Tata Asset Management establishes a regional office in Dubai International Financial Centre
DIFC, leading international financial hub in the Middle East, Africa & South Asia (MEASA) region has welcomed Tata Asset Management Limited to the Centre.
Rizek – Abu Dhabi’s service marketplace raises $3.5 Mn funding
Rizek, Abu Dhabi-based service marketplace yesterday announced that the company has raised $3.5 million in a seed funding round