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
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Zoomcar is planning to acquire Revv – Hyundai may invest in the merger
The Bengaluru-based self-drive car rental startup Zoomcar is advancing into its plans to acquire its Gurugram-based competitor Revv.
[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.
Government is planning to ask unlisted companies for quarterly or half-yearly financial statements
the government might ask unlisted companies to submit financial statements on a quarterly or half-yearly basis.
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...
Fashor – Chennai-based women’s apparel brand raises $1 Mn from Sprout Venture Partners
The Chennai-based women's fashion and apparel brand Fashor has recently raised $1 million in a Pre-Series A round led by Sprout Venture Partners...
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.
Delhi-based fintech startup WealthBucket Raises Pre-Series A Round of INR 18 Cr
WealthBucket.in, which runs an online platform for mutual fund investments, has raised INR 18 Cr from NorthStar, Vinod Khatumal & other HNIs...
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.