FII Institute, a Saudi-based investing giant has announced their investment of $500K in Paris-based space technology startup Interstellar Lab. The investment was done as part of their inclusive mission to provide the empowering the most eligible and brightest minds in leveraging scientific innovation for a better future.
The financial equity...
The UAE-based healthcare platform Smileneo has raised about $2 million in a seed round. The round is one of the biggest seed rounds that was raised in the MENA region by any teeth-straightening direct-to-consumer business. The round also included a lot of different anchor investments from several leading international...
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...
After the initial first successful first run, Google has reported the second round of its Startups Accelerator program for the MENA region and that’s not all. Chosen new companies will be combined with pertinent specialists from Google and the business everywhere to help tackle recognized issues. Partaking new companies...
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...
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...
Led by Salem Khalaf Al Mannai and regional investors the popular Doha-based Fintech startup Dibsy has raised about $300K Pre-Seed round. Established back in 2020 by Ahmed Isse, Anouar El Mekki, and Loyan Farah, Dibsy means to make handling transactions more straightforward. The startup is additionally upheld by the...
The popular Arabic conversational AI platform from Jordan, Xina AI has managed to raise a $1M seed round and it was announced today. The seed round was led by Jordanian angel investors and a Qatari family office. The platform works by automating customer support queries with the world’s first-ever...
It is always sad to see whole families forced to leave their houses and roots to strange lands due to wars and disasters. Yet, despite the obvious hardships and upheaval that comes with being a refugee, some have overcome the challenges of their situations and have created platforms, structures...
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...
