VentureSouq exits from Frontier Car Group of Germany
The Dubai-based investment platform for global early-stage technology businesses VentureSouq has taken its exit from the Berlin-based Frontier Car Group
MENA
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[Big News] Uber closes the acquisition of Middle-Eastern rival Careem for $3.1 Billion
Careem Networks FZ-LLC is now a wholly-owned subsidiary of Uber. The co-founder & CEO of Careem Mudassir Sheikha will continue to lead the Careem business.
Cairo-based e-commerce enabler ExpandCart raises undisclosed sum from Agility Ventures
Agility Ventures, the venture capital arm of the global logistics company Agility has recently invested an undisclosed amount in ExpandCart...
Mubadala to decide on investing $6 bn in Pakistan’s refinery project by 2021
Abu-Dhabi's Mubadala Investment Company has recently shared its word about investing $6 billion (AED22.03bn) in Pakistani refinery project.
DIFC Partners with Industry Leaders to Propel the Regional Insurance Landscape
Brand-new certified insurance courses introduced to the DIFC Academy in collaboration with Lloyd’s and Chartered Insurance Institute...
HyperPay – A leading payment processing platform of MENA raises 8 figures from Mad’a
The leading payment processing platform of MENA region HyperPay yesterday raised an undisclosed amount of 8 figures from Mad's Investment Company...
Oman Arab Bank (OAB) conducted a workshop with Injaz Oman to Support Young Entrepreneurs
Injaz Oman is a non-profit organisation that hosts a spectrum of educational workshops to help young individuals of Oman build entrepreneurial skills
Startup of the Week: Drones help Saudi startup map out bright future
FalconViz, which is based at Thuwal’s King Abdullah University of Science and Technology (KAUST), takes its name from the national bird of Saudi Arabia.
Three tech businesses to compete for 5th KIPCO Tmkeen Award in January 2020
KIPCO Tmkeen Award is a strategic partnership between Kuwait Projects Company and the Youth Empowerment Organization to support entrepreneurs in Kuwait.
Annex Investments 9th B2B Entrepreneurship Series: #BrandFusion Startup Clinic
Annex Investments closes 2019 events calendar with a high note by hosting the 9th B2B Entrepreneurship Series: #BrandFusion Startup Clinic on 19 Dec 2019
MEED launches 2020 initiative to find GCC’s best projects
The Middle East’s leading business information service MEED has launched the 2020 round of its long-running initiative to identify GCC’s best projects.
[Exclusive] Dubai-based Adasat.com raises $350K from regional investors
Adasat.com is a new e-commerce platform based in Dubai, has recently raised $350,000 with the help of local investors.