The popular Dubai-based market leader, iMile in delivery services has recently and officially launched their services in Egypt. Their current operations are based in Cairo and Suez and a goal to expand further in the region.
“We have solid plans for what we want to achieve in 2021 and our...
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...
A platform for esports and gaming, SaudiGamer.com, has been acquired by Webedia Esports Agency, an international gaming experts via Webedia Arabia Group –it’s local arm (based in UAE, KSA, and Lebanon).
The involvement of Webedia Arabia Group will consolidate SaudiGamer.com and her social channels to firmly establish it as the...
The first companies to have been granted a digital banking license in Saudi are STC Pay along with another local firm. The license was issued by Saudi’s finance minister which was approved by The Saudi Cabinet. And it was announced by the state news agency that day. Now it’s...
It was announced today that Riyadh-based Ecommerce platform Tamara has brought $110M up in a Series A round. The round was led by the popular leading global payment processor Checkout.com. Tamara is popular because of its "buy now pay later" motto. The round is contained obligation and value and...
The Co-Founder and former Chief Technology Officer, Ahmed Sabbah is back with his new gig Telda after leaving the Egyptian transportation startup last month. Telda is a fintech platform that will innovate ways of spending money for Gen Z in the Middle East. The platform was launched earlier this...
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...
Fintech giant FlexxPay, a Dubai-based payment platform has announced raising about $3M. The fund was raised in a pre-Series A round and it was comprised of equity debt. The investors include a lot of popular names from different regions. They include DIFC Fintech Fund, Arzan VC, Nuwa Capital, VentureSouq,...
Synkers, a Lebanese Edtech platform helps to connect with students with the most qualified and passionate private tutors to help them focus on learning and complete their study sessions along with helping them throughout their academics and that’s not all. They also provide students continuous support starting from their...
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...
