Egyptian Fintech Startup NowPay Raises $600k from 500 Startups and Endure Capital
Cairo-based fintech startup, NowPay has raised $600,000 seed funding from Silicon Valley’s Endure Capital and 500 Startups.
MENA
Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.
OYO Hotels & Homes Launches Arabic Version App in the UAE
OYO Hotels & Homes who is already taking giant leaps of expansion in the Middle East announced the launch of the Arabic version of its app...
Riyadh-based GEMS Education KSA and Hassana Jointly Acquires Ma’arif for $800Mn
GEMS Education KSA on Monday announced the completion of the $800 million acquisition of Ma’arif...
Saudi’s Online Grocery Store Nana Direct raises $6.6Mn
Saudi-based Nana Direct, an online grocery platform has raised fresh funds from Middle East Venture Partners and Impact46.
Egypt’s Swvl to turn Unicorn by 2023
Today, we'll talk about Swvl, an Egypt-based bus booking startup whose revenue has been predicted to hit $1 billion by 2023.
Indian Prime Minister Narendra Modi to Visit UAE on Friday
Indian Prime Minister Narendra Modi will make his third state visit to the UAE this week...
27-yr-old Indian Expat Nyla Khan Building an Education Empire in UAE
Nyla Khan began her entrepreneurial journey at just 24 when she became an active partner to a chain of children’s nurseries started by her mother.
Here’s what Waved Success of Venture Central’s 4th BrandFusion
Venture Central graciously hosted the 4th edition of #BrandFusion summit with excellent networking and exchange opportunities...
UAE’s Foloosi Crosses AED 1 Mn Bi-Annual Gross Transaction Value
Launched in January this year, Foloosi yesterday crossed AED 1 million bi-annual gross transaction value (GTV)...
OYO Hires New CEO to Scale Operations in Middle East and South-East Asia
OYO Hotels and Homes yesterday made the announcement of the appointment of Mandar Vaidya as the CEO for Middle East and South-East Asia.
Mezzan Holding Acquires Kuwait’s only Pharma Manufacturer KSPICo for $69Mn
Kuwait-based Mezzan Holding on Tuesday acquired 67 percent stake in Kuwait Saudi Pharmaceutical Industries Company (KSPICo) for $69 million.
Saudi-based Community-driven E-Commerce Platform Zid Raises $2 million
The Saudi-based community-driven e-commerce platform Zid has recently raised $2 million from Elm Street Ventures.