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Startup

Startup refers to new companies seeking to disrupt or innovate an industry using digital and technology.

Contactcars team
Egypt-based Contactcars, the lead automotive marketplace has announced their acquisition of Sa4ar Technology Solutions which is known for providing car valuation technology and a dealer-specific auction platform. Contactcars.com is a subsidiary of Contact Financial Holing and they’ve been constantly evolving and looking for new opportunities to arise which will provide...
Snoou app logo
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...
Flag of jordan
The Jordanian start-up scene has both regional and international recognition. The ecosystem is mostly shaped by young entrepreneurs in the ICT sector with prominent accelerators like Changelabs and IBDA3. Jordan is one of the key players in MENA’s Information and Communication Technology(ICT) forum. Jordanian start-up ecosystem aims to bring brilliant ideas of domestic...
AWS e& partnership investment
e&, the telecommunications giant based in the United Arab Emirates, has entered into a $1 billion partnership with Amazon Web Services (AWS) aimed at enhancing cloud adoption and digital transformation across the Middle East and North Africa (MENA) region. The six-year agreement will focus on delivering essential cloud services, including...
Huspy logo
The popular Protech startup Huspy from Dubai has managed to raise a funding round. The round was joined by B&Y Ventures, Amir Farha (Cotu), Plug and Play along with other regional family offices and the round was led by VentureFriends. The platform was founded back in August last year by...
Azom CEO
A tech start-up based in Riyadh, Azom, which designs, develops, and sells computer software and electronics, has raised a Series A funding round worth $9.5M (36M Saudi riyal), from Assr AlJawal and an anonymous individual investor. Azom was established to develop and provide electronics and technologies such as phones and other...
Citron logo
Dubai’s Citron was founded by Sara Chemmaa back in 2017 right after she found out about a need for leakproof and fashionable lunchboxes in the market. The brand has already grown by including over 90 products in its name and that’s not all. They’ve launched products ranging from sustainable,...
mumzworld logo
It was announced today that the well-known Saudi Company Tamer Group is to acquire Mumzworld. The group has interests in healthcare, beauty, and FMCG products and Mumzworld is the leading eCommerce platform in the region for mother, baby, and child products. Although they didn’t announce the details on the...
estshara logo
The popular Cairo-based Health-tech startup and tele-consultations platform Estshara has managed to raise about $500K in a Seed Funding round. The round was led by Egypt Ventures. This fresh fund has put the startup on the list of promising Healthcare Startups in Emerging Venture Markets. The platform was founded by...
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Starting a company is an exciting time and for those in UAE, the chance to have your own start-up is remarkably high. Hundreds of start-ups are started each year in the Emirates. UAE actually leads Singapore, Norway, Japan, Sweden, Germany, and New Zealand in how many start-ups find life...