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Middle East and Africa
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With the participation of Sawari Ventures, Flat6Labs closes a $10 million seed fund for its Tunisia-based Anava Seed Fund
Flat6Labs, a regional seed, and early-stage venture capital firm announced the second closure of its Tunisia-based Anava Seed Fund (ASF),...
Read moreCiti has launched a tech hub in Bahrain to further expand its digital platforms
Citi has launched a global tech hub in Bahrain, the region's first of its type, with the goal of hiring...
Read moreThe central bank of Egypt has approved the use of mobile phones to make contactless payments
Egypt's central bank has announced that it had approved the issuance of licenses allowing retailers to accept contactless payments from their customers'...
Read moreCartona, an Egyptian e-commerce startup, raises $4.5 million in pre-seed funding
A US$4.5 million Pre-Series A funding round has been closed to help Cartona invest in new technology, launch new products,...
Read moreSotech, an Egyptian healthtech company, has raised $1 million in a pre-seed round of funding
Sotech, an Egypt-based healthtech, and IoT solutions firm, has raised $1 million in a pre-Seed funding round led by Innlife...
Read moreAmazon plans to create 1,500 jobs in the United Arab Emirates this year
As part of its expansion plans in the United Arab Emirates, Amazon said it expects to create 1,500 direct and...
Read moreEgypt plans to enhance the internet for 60 million people as part of a major digital transformation effort
Egypt's Minister of Communications and Information Technology, H.E. Dr. Amr Talaat, has revealed plans to bring high-speed internet to more...
Read moreCapiter, an Egyptian B2B e-commerce startup, has raised $33 million in a Series A funding round
Capiter, an Egyptian B2B e-commerce startup that connects manufacturers, brands, wholesalers, and retailers on a single platform, has raised a...
Read moreMNT-Halan, an Egyptian fintech, has raised $120 million in funding
MNT-Halan, a fintech startup founded in Egypt that digitizes traditional banking and cash-based marketplaces, has raised $120 million to strengthen...
Read moreForbes Middle East Announces the Top Fintech Apps in the Middle East for 2021
Forbes Middle East has published a list of the region's Top 15 Fintech Apps 2021, showcasing mobile apps that assist...
Read moreDIGGIPACKS, a Saudi logistics company, has acquired Egyptian e-commerce startup FWRUN
To expand its reach in the Egyptian market, Saudi Arabia-based DIGGIPACKS, a provider of last-mile transportation and logistics services, has acquired...
Read moreSwvl, an Egyptian mobility startup, has expanded into Europe, Latin America, and Asia through the acquisition of Shotl, a mass transit SaaS platform
Swvl, an Egyptian startup that provides transformative mass transit and shared mobility solutions, has announced a definitive agreement to purchase...
Read moreThe Big 5
