The popular funding firm Nama Ventures from the KSA has declared its launch of another $27M funds that have been raised from high-net-worth financier along with, institutional financial investors and even family workplaces. In spite of the fact that the asset will focus on new businesses in KSA, Nama...
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...
ISSF aka The Innovative Startups and SMEs Fund from Jordan is known mostly for making strategic investments in startups. They also invest in early-stage largely innovative SMEs as well. ISSF has recently announced a direct investment of $150K in a Jordan-based startup Decapolis. The startup provides feature-rich solutions for...
The Angel Investment Network of the Middle East (MAIN), which promotes angel investing in the region, has announced a free standard Egyptian legal document for early-stage founders and investors.
This was done in collaboration with the Development Cooperation in Germany implemented by GIZ Egypt (GIZ), a network of MENA’s leading...
It was announced today that Morocco headquartered Fintech startup Yalla Xash has raised a total sum of $675K series A funding round which was led by Maroc Numeric Fund II. The startup was established back in 2018 and ever since then, they’ve been providing money transferring features that allow...
The Saudi-Arabian accounting and e-invoicing platform VoM has seen their latest funding round come to an end, and secured a tidy profit of $670,000 in the process. Angel investors have allowed the company to close their latest round of Pre-Seed funding, which means that the cloud-based company can focus...
GIZ Egypt has announced a €100M which is roughly $120M subsidizing program "VC University", focusing on first-time investment (VC) reserves. It’s in association with Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA), Endure Capital, and Changelabs
The sole purpose of this year-long program will offer planned asset administrators mentor...
The popular stock analysis platform from Saudi Arabia, National Building and Marketing aka NBM has gained a 9% stake in DIGGIPACKS and that's not all. DIGGIPACKS is a Delivery and Logistics startup situated in the Kingdom and operates there as well. The gets return off of a new $400K...
The popular Cairo-based Peer-to-peer marketplace startup that works by connecting shoppers and travelers has managed to raise an undisclosed 6 figure amount in its latest funding round. This funding round was led by angel investors in both Saudi Arabia and Egypt. It was led by Faisal Abdulsalam. He is...
In 2021, Faisal Rashed established this Bahraini loyalty program known as Ahlan App and has secured a $3 million investment which values the company at 15 million dollars. This was considered Ahlan's first-round investment that was followed and led by Hope Ventures investment group. Besides other angel investors joining...
