It was announced by Jahez International Company for Information Technology (Jahez) that the arrangement of HSBC Saudi Arabia as the Sole Financial Advisor and Global Coordinator for its possible first sale of stock (IPO) on the Saudi Exchange's Nomu - Parallel Market. Jahez is a local Saudi business that...
The Doha-based E-commerce startup, Snoonu raises $5 million in a Series A funding round this week and that’s not all. The round was led by a mutual strategic partner of the startup, QDB or Qatar Development Bank along with several other investors.
Snoonu was founded by Hamad Al Hajri back...
The Ministry of Communications and Information Technology of Saudi Arabia and global investment platform Techstars have teamed up to launch the latest Riyadh Techstars Accelerator project. This particular accelerator program will help improving entrepreneurs and startups to help them innovate and grow their businesses in the MENA region. Their...
Getir is been popular very recently for offering 10-minute grocery delivery. This Istanbul-based platform is turning into a revolutionized grocery delivery platform and they deliver about 1,500 items every day to the customers. Their delivery system is active 24 hours a week and they offer their fast delivery option...
In 2022, Dania Alshowaikh, PK Shrivastava, and Ridaa Shah founded Daleel's platform, and now broadcasted news reports that Hambro Perks Spring Studios has given them an undisclosed investment round. This Bahrain-based financial marketplace, Daleel, is a platform created to help consumers find the best financial products or compare them...
Jawaker, the leading online card game studio from Jordan has sealed their acquisition deal which is pretty much valued at $205M and that’s not all. The gaming startup was acquired by global gaming studio Still-front Group further grounding its position. It’ll also help them expand their gaming portfolio in...
Sharjah-based startup Mughamer.com has recently announced that the primary site in the Middle East to work with sightseers and tourists curation of experience-filled adventures across several destinations like the UAE, Morocco, Brazil, and Comoros Island and it doesn't just stop there at this point.
The startup was helped to establish...
Elkaso, the popular UAE-based B2B marketplace has managed to successfully raise about $2.1M in its latest funding round was led by Global Founders Capital and MSA Capital. Although it was joined by key strategic global and regional investors including former and current leaders of Careem, Delivery Hero, Apple, Faith...
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...
Moroccan MedTech platform DataPathology has been popular for providing remote pathology consultation has successfully managed to raise about $232K in their latest funding round. The funding round was led by WitamaxOne which is the investment firm that is jointly backed by Southbridge A&I and AXXAM Family Office.
DataPathology was founded...
