UAE-based investor Murari Lal Jalan is expected to save India’s bankrupt Jet Airways
UAE-based investor Murari Lal Jalan is understood to be favoured to take over India’s grounded Jet Airways by the airline’s creditors.
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Latest developments in startups, business, and technology across India, MENA, North America, Europe, and global markets. Stay informed with breaking news, in-depth reporting, and expert analysis on entrepreneurship, innovation, and emerging trends.
Egypt’s ‘dreevo’ launches operations post-raising 6-digit pre-seed funding
Egypt-based last-mile delivery startup dreevo on Thursday, 8 October 2020 raised an undisclosed six-figure pre-seed funding.
Bahrain’s EDX Labs gets recognition from Gartner
Bahrain's EDX Labs On Thursday, 8 October 2019 has been recognised as a Representative Vendor for DMARC and Brand Protection by Gartner.
Visa and Fawry join forces to enhance e-payments across Egypt
Egypt's digital transformation and e-payments platform, Fawry has signed a strategic partnership with Visa to accelerate e-payments in Egypt.
Mumbai’s JetSynthesys acquires Nautilus Mobile, the creator of ‘Real Cricket’
Mumbai's JetSynthesys, on Monday, 5 October 2020, acquired Nautilus Mobile, the creator of the popular Real Cricket video game franchise.
Tunisia’s edtech startup GoMyCode raises $850K Pre-Series A
Tunisia's edtech startup GoMyCode on 6 October, raised $850K Pre-Series A round led by Meninx Holding, Anava Seed Fund and Jasminum Capital.
Egypt’s Milango raises six-figure seed funding from A15
Egypt-based community management solution provider Milango, on Tuesday, 6 October 2020, raised a six-figure seed funding from A15 and more.
Jordanian edtech startup IQRA’A Audiobooks raises $150K pre-seed funding
Amman, Jordan-based edtech startup IQRA’A Audiobooks, on Wednesday, 7 October 2020, has raised $150,000 in a pre-seed funding round.
Kuwait’s flower delivery app ‘Floward’ raises $2.7 Mn from Impact46
Kuwait's Floward, a flowers and gifts delivery startup, on Wednesday 7 October 2020 has secured a $2.7 million funding from Impact46.
Israeli venture capital firm OurCrowd joins forces with UAE’s Phoenix Group
Jerusalem, Israel-based venture capital firm OurCrowd on Tuesday, 6 October 2020, signed an MoU with UAE's Phoenix Group.
50 MENA startups made it to Forbes Middle East, 8 Women-led startups
Here's to the the proud moment for the MENA startup ecosystem, the "Middle East's 50 Most-Funded Startups 2020" list is here.
Dubai’s Emirex Exchange raises undisclosed investment from US-based Alpha Sigma
UAE-based Emirex Exchange has recently raised an undisclosed amount from US-based blockchain and crypto fund Alpha Sigma Capital (ASC)