Startup funding, acquisitions, government-backed initiatives, and cross-border business developments from across the Middle East and North Africa.
Bahrain-based Basma.ai has recently announced that it is offering its services free to all hospitals and public institutions amid COVID-19 crisis.
Palestine-based startup Tawazon that offers guided meditation through its mobile app has raised an undisclosed amount from Ibtikar Fund
Cairo, Egypt-based Pravica today raised $500,000 in a Pre-Seed round led by 500 Startups with participation from Modus Capital and DYRES Venture.
Dubai-based online classified group Emerging Markets Property Group (EMPG) last week announced that it has acquired Thai's largest online marketplace Kaidee.
The leading music streaming platform of the Middle East, Anghami, revealed that it is running an initiative to support SMEs and artists amid the COVID-19 crisis.
Cairo, Egypt-based footech startup Mumm has recently made the announcement of its Pre-Series A round closed with Alex Angels.
Dubai, UAE-based Axeed labs has launched a $272,000 SME and Startup Tech Launchpad campaign as a response to COVID-19 and ahead of Ramadan.
Bengaluru based software-as-a-service (SaaS) startup Itilite that focuses on business travel on April 18 raised $13 million from Greenoaks and Dubai's Vy Capital.
Startupbootcamp FinTech Dubai second cohort completes its accelerator program featuring 10 start-ups - raising $2.8 Mn & raising over 40 Proof of Concepts in DIFC.
![[Exclusive] Amsterdam-based entrepreneurs launch the global ‘COVID 19 Blockchain Fund’ to synergise Cryptocurrency for COVID-19 relief](https://laffaz.com/wp-content/uploads/2020/04/amsterdam-entrepreneurs-launch-global-covid-19-blockchain-fund-cryptocurrency-768x402.jpg)
One of such blockchain or crypto-based COVID-19 funds is the COVID 19 Blockchain Fund that aims to support the most affected nations.
LimeTray will waive-off the set-up fee and also provide 30 percent discount to the restaurants in all Middle East countries including UAE, Egypt, Saudi Arabia, Lebanon, Qatar, and Kuwait...
Dubai's 360VUZ has today raised $5.8 million in a Series A investment round led by Shorooq Partners with participation from KBW, Media Visions, Vision...