Beirut-based InsurTech Startup BSynchro Raises $1 Million
BSynchro Holding SAL has recently raised $1 Million to develop BSynchro’s multi-purpose suite of products for insurance-related companies...
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.
Google to re-open office in Cairo, Egypt and Hire a New Team for Expansion
Google opened its first MENA office in Egypt in 2006 which was moved to Dubai in 2011 due to the Egyptian Revolution. The office is set be re-opened soon...
Netflix to Shower Entertainment in the Middle East with Arabic Originals
After Jinn, Netflix is buckled up to bring the next two Arab-centric productions 'Al-Rawabi School for Girls' and most awaited one 'Paranormal'...
Cairo, Egypt-based Transportation Startup Swvl Raises $42 Million
Swvl, Cairo, Egypt-based bus transportation startup has just raised $42 million in Series C funding round led by BECO Capital (Dubai), otf Jasoor and more...
The Rise of Cryptocurrency and Blockchain Ecosystem in MENA
Summaries of all the major disruptions in the past few months in the blockchain and cryptocurrency ecosystem of UAE, Saudi Arabia and the rest of MENA regions
Sheikh Saeed bin Ahmed Al Maktoum Invests in Car Rental Platform Urent
Ever imagined Airbnb for cars? Well, there is one - Urent is a new online platform that aims to revolutionise the UAE car rental industry.
Averos Raises Pre-series A Round from Aramco’s Wa’ed Ventures
Averos, a Saudi Arabian tracking startup based out of Makkah, raised an undisclosed Pre-Series A funding round from Saudi Aramco’s Wa’ed Ventures...
Glovo Returns to Egypt in Charge of Breaking the law
Barcelona, Spain-based logistic startup Glovo who announced exit from Egypt in April this very year has returned by resuming services again...
Arzooo.com Raises $1 Million from Dubai’s Jabbar Internet Group
Arzooo.com, the Indian reverse auction-based e-commerce platform launched by the two Flipkart's former executives Khushnud Khan and Rishi...
Eksab – Egypt-based eSports Platform Raises Seed Fund from 500 Startups
Eksab, the leading Daily Fantasy Sports (DFS) platform in MENA and the GCC, announced a six-figure seed investment from 500 Startups...
Netflix’s first Arabic Production Jinn Dismayed the Middle East
The complaints came majorly regarding the two scenes of Jinn in which the actress Salma Milhis kisses two different boys - pretty much for the Middle East...
Softbank teams up with Goldman Sachs for the second $100 Billion Raise
SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund...