UAE Minister of Economy Approves Uber-Careem Merger
UAE's Minister of Economy Sultan bin Saeed Al Mansouri approves the acquisition of Dubai-based ride-hailing platform Careem by Uber...
MENA
Startup funding, acquisitions, government-backed initiatives, and cross-border business developments from across the Middle East and North Africa.
Another Indian Receives 10-year UAE visa
Billionaire businessman Shekhar Patni, managing director, Jewel Trading LLC, a company dealing in gold and silver received his 10-year UAE residency visa.
MENA-based ACTS enters into partnership with India’s Duocrete
Mena-based testing, inspection, and certification firm Advanced Construction Technology Services (ACTS) has tied up with Duocrete Engineering Services in Pune, India...
This Dubai Entrepreneur got Selected for Amazon’s reality TV series ‘The Social Movement’
Briar Prestidge, a Dubai-based entrepreneur has been selected from thousands of business owners worldwide to compete in the Amazon reality TV series 'The Social Movement'...
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...
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...