It was announced by the popular Jordanian AI-driven platform Algebra Intelligence of the closing of a $310K Pre-Seed financing round. The platform is most popular for monitoring energy solutions and the startup was a great success. The financing round was led by Oasis500.
The platform was founded by Mr. Ahmad...
It’s been four months since Falak Investment Hub, the Saudi-based startup has accepted the application of eight of the most popular tech startups within the MENA regions into their acceleration program. The program consists of three new companies from Egypt along with three from KSA, and one each in...
The popular full-service law firm ‘Al Tamimi & Company’ has launched their Venture Capital & Emerging Companies Law Review. It’s notable that they specialize in a number of practice areas and this launch is a major impact on the platform.
It also digs deeper into the venture capital world along...
Anghami, a top music streaming platform in North Africa and the Middle East now goes public by a merger with an acquisition company (SPAC) with a special purpose. A SPAC, also referred to as a blank-cheque firm, is created to raise funds via an IPO with the purpose of...
UAE-based BaaS supplier of integrated financial platform NymCard reported that it has joined Visa's Fintech Fast Track program. The association will permit NymCard's organization of fintech accomplices to locally available onto Visa's worldwide organization through the last's Fintech Fast Track Program. This move will give NymCard's fintech accomplices, optimized...
2021 MENA Venture Investment Report offers a complete comparison of the top 5 countries in MENA. This comparison is based on the number of registered deals in 2020. As we approach the second quarter and more investment rounds are announced in 2021, we bid farewell to 2020 by taking a...
It was announced that the Innovative Startups and SMEs Fund (ISSF) has made a direct investment of $150K in Jordan-based online marketplace Matrix. The fundraising was started back in January this year and they’ve managed to raise a seed fund of $300K by teaming up with Select Ventures Holdings,...
Starting a company is an exciting time and for those in UAE, the chance to have your own start-up is remarkably high. Hundreds of start-ups are started each year in the Emirates. UAE actually leads Singapore, Norway, Japan, Sweden, Germany, and New Zealand in how many start-ups find life...
It was announced that Mohsin Haider Darwish, one of the biggest and leading business houses in the Sultanate of Oman, has consented to an arrangement to turn into a huge investor in the popular worldwide online marketplace “Nabay.com”. This particular partnership will help speed up the platform’s client-centered mission...
It was recently announced that nybl, the popular UAE-based AI pioneer its obtaining Mexico's visual information mining and AI platform, Nubila. The platform is known for its various innovative arrangement that will see Nubila Founder Marlon de Jesús González join the nybl R&D group.
The securing is important for nybl's...
