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News - Middle East And North Africa
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Exits MENA, a fintech startup based in Egypt, has increased its pre-seed funding to $1.25 million
Exits MENA, an Egyptian fintech investment banking platform, has raised $1.25 million in a seed round led by Silicon Valley...
Read moreApple is planning to increase in-app purchases in Egypt, Tanzania, and Nigeria by the 25th of July
Egypt, Tanzania, and Nigeria are the three African nations where Apple has said it will adjust the prices for apps...
Read moreChari, a B2B e-commerce startup in Morocco, has raised $1.5 million
Chari, an FMCG-focused business-to-business (B2B) e-commerce startup based in Morocco, has raised an additional $1.5 million. The funding was provided...
Read moreRology, an Egyptian e-health startup, has acquired Arkan United, a Saudi company
Rology, the market leader in teleradiology in the MENA region, has acquired Arkan United, a teleradiology provider based in Jeddah,...
Read morePrestaFreedom, a startup offering home services in Morocco, has secured US$1.1 million in funding
PrestaFreedom, a Moroccan startup that specializes in household subscriptions and other services for individuals, received $1 million in funding. Azur Innovation...
Read moreDawi Clinics in Egypt raises $6.5 million to fund its expansion
Dawi Clinics, an Egyptian outpatient care company, has raised EGP 250 million ($6.5 million) to expand its clinic chain across...
Read moreBalad, a fintech startup in Egypt, has secured a pre-seed funding
Balad, an Egyptian fintech startup, has raised a seven-figure USD pre-seed round of capital in order to establish its remittances...
Read moreADNOC and Baker Hughes have joined forces to accelerate the development of hydrogen technology innovation
In a joint press release, Abu Dhabi National Oil Company (ADNOC) and Baker Hughes announced their plans to collaborate on...
Read moreSQUATWOLF, an online retailer in the UAE, has secured $30 million in funding
SQUATWOLF, an e-commerce company established in the United Arab Emirates (UAE), has raised $30 million in investment from ASCA Capital...
Read moreDrest, a Tunisian e-commerce startup, has raised $336,000
Drest, an e-commerce platform founded in Tunisia, has raised US$336,000 to support its entry into the African market. 216 Capital...
Read moree&, a company based in the UAE, has invested $400M to acquire a controlling stake in the ride-hailing service Careem’s Super App
According to a filing by e&, the Emirates Telecommunications Group Company (EAND.AD) has agreed to pay $400 million to acquire...
Read moreCamel Ventures, an Egyptian firm, has launched a fintech fund with $16 million.
Camel Ventures, an Egyptian venture capital firm, has launched an EGP500 million ($16 million) fund to support the nation's fintech...
Read moreThe Big 5
