CE-Ventures, the corporate funding foundation of UAE-based Crescent Enterprises, has reported that it is multiplying its investment interests in new businesses to arrive at $272M which is roughly AED 1B by next year and that’s not all. Since its initiation in 2017, CE-Ventures has effectively contributed more than $136M...
The Egyptian eCommerce SaaS solution supplier zVendo has effectively raised a seven-figure Pre-Series A financing round from Mobica and Gratus Holding. The platform was established back in 2018. zVendo was made by Egyptian entrepreneurs to oblige the developing E-trade market in Egypt, Middle East, and Africa meaning in the...
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...
Artificial Intelligence (AI) is rapidly becoming one of the dominant forms of technology in the world. So it shouldn’t come as a massive surprise that Hazen.ai, a company which specializes in creating intelligent traffic technology which utilizes AI to improve safety on the roads has gotten more investment in...
Zeew, the Egypt-headquartered E-commerce platform has managed to raise about $170K from Sanabil 500 MENA Seed Accelerator and it was announced today. Sanabil 500 MENA Seed Accelerator is a joint initiative of Sanabil Investments and 500 startups. And that makes the startup with a total sum of $400K which...
Pavegen is very popular for developing and installing kinetic walkways that convert several things into psycho-graphic and emotional insights. They mainly take footsteps into off-grid, data, and clean electricity and then use the conversion methods. The generated energy then is used to power applications including LED lighting and e-link...
The MSA was selected by the ISSF because of its board experience in the industry, robust track record, global access, and deep roots in the East and China. And this new access to MSA’s resources will certainly allow the ISSF to develop themselves in a competitive and entrepreneurial ecosystem...
The FSRA of Abu Dhabi Global market has already introduced their latest innovative regulatory system for different fintech firms available for supervising and authorizing them who provide various third-party services to clients from other financial platforms.
TPPs are firms that play an important role as a medium between fintech firms...
Mind the Bridge, the International Chamber of Commerce and innovation advisory firm has teamed up to launch their CSS competition awards for the second year in a row and that’s not all. As a respective part of the MENA Digital Scaleup Summit, this team is to identify and expand...
MENA Industry Venture Report for 2021 has revealed that based on funding amount, the top 7 industries in MENA all together accounts for 74% of all the invested capital in 2020, while 49% of transactions accounted for the top 7 industries by deals.
In spite of the overall reduction in...
