The Egypt-based online platform 'Masr Afdal' has already made its way into advancing and exporting Egyptian-made products to the worldwide market along with other plans. The founder and Egyptian business visionary Hamed El Ghool plans on putting Egypt on the worldwide online business map by interfacing with the local...
It was announced today that Kitopi, the popular cloud kitchen startup from Dubai has managed to raise about $415M in a Series C round. The round was led by SoftBank’s Vision Fund 2. The round is notably one of the biggest financing rounds led by a venture-back company in...
Saudi Arabia-based insurance as a help (IaaS) stage that Eltizam has raised SAR2.5M which is roughly $666K through the crowdfunding platform ‘scopeer’. Established by Hani Al Malki (CEO) and Khaled Al Ahmadi (CTO), Eltizam hopes to digitize the nearby insurance business industry AI innovation. It offers insurance-related items crossing...
Arabic language Jordan based education platform Adam wa mishmish has raised $475,000 in a seed funding round. This ed-tech platform uses educational cartoons to teach young children Arabic for the ages of 0-5 through music, art and interactive learn to play methods. Launched in 2016 due to the lack...
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 Eyewa, the popular Dubai-based eyewear startup has raised about $21M in a Series B round. The round was co-led by Kingsway Capital and Nuwa Capital. There was also notable participation from French Partners, Endeavor Catalyst, Derayah Ventures, Palm Drive, and Hardy Capital. And it...
KUBE has been attracting some of the world’s foremost entrepreneurs and disruptors in the hospitality space ever since its establishment. It was both inspired and created by Michael Levie and David Keen and they have a single purpose which is to drive transformation by incubating and accelerating hospitality start-ups....
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...
Dubai, UAE – The Food and Beverage (F&B) industry across the Middle East and North Africa (MENA) region is experiencing an unprecedented digital revolution, with food tech emerging as a pivotal force. This technological transformation is empowering restaurants to achieve new heights of efficiency, sustainability, and profitability in a...
It was announced recently that there will be ‘One Million Entrepreneurs’, a campaign targeting potential talents and future entrepreneurs across Egypt, and the campaign is led by the Egyptian Ministry of Planning and Economic Development. The program is for all ages and groups across Egypt. It’s a fully online...
