San-Francisco based startup Side raises “$50 million-plus” in a funding round
The funding round led to more than doubles its valuation to $2.5 billion Just 3 months ago Side raised $150 million in a Series D funding round led by Coatue Management. Side, a real estate tech start-up that tasks to turn agents and…
Floward, Kuwait based online flower and gifting platform raises $27million Series B investment.
Floward has raised $27.5 million in a Series B round led by STV, with participation from Impact46. The round takes total money raised to date by Floward to over $30 million. Commenced in 2017 by serial entrepreneur and investor Abdulaziz B. Al Loughani,…
Chennai based Aahaa stores raises $2 million from UAE’s Calega
The startup is planning to employ the money to upgrade its technology and diversify its business. Aahaa stores had earlier raised funds twice, $1 million each from a group of investors led by YourNest. Aahaa stores is an integrated procurement services provider for…
Top startups doing social good in MENA region
Startups are the result of lacuna or void created by under-development, deficiency, deficit, etc. which’s why a startup seeks opportunity as a fertile ground for its growth. Currently, new enterprises are gaining traction in the MENA region, as new entrepreneurs seek not just to innovate…
Top 30 Powerful Indians in UAE 2022: Making Their Fortune
Top 30 Powerful Indians : Dubai has 3,000 start-ups with 200 Indian nationalities The country is also home to a 3.3 million-strong Indian community. UAE is the highest contributor to India’s remittance kitty. The UAE has experienced a tremendous increase in the population of resident Indians who initially…
The second phase of IPL to be held in UAE confirms BCCI
There are 31 remaining matches in the IPL 2021. It will be the first time that the IPL will be held in UAE for two consecutive years. The tournament will start on September 18 or 19 and end by October 10. The remainder of the…
MoneyHash: MENA’s new payment hub
E-commerce and digital payments are growing at a tremendous rate. However, online conversion is still a big problem; long check out forms often lead to frustration, especially as customers increasingly turn to their mobile devices for various e-commerce activities, it’s no surprise that 69% of…
The Necessity to Diversify the Economy in Resource-Rich MENA Region
The Middle East and North Africa (MENA) region have an abundance of some natural resources. It holds more than 60% of the world’s proven oil reserves, mostly located in the Gulf region and nearly half of global gas reserves. No surprises, oil represents close to…
The Necessity to Diversify the Economy in Resource-Rich MENA Region
The Middle East and North Africa (MENA) region have an abundance of some natural resources. It holds morethan60% of the world’s proven oil reserves, mostly located in the Gulf region and nearly half of global gas reserves. No surprises, oil represents close to 85% of…
$6.5 million raised by Edutech Almentor
‘’To promote the understanding of knowledge among people, it is vital that we promote science communication in a big way. Language should not be a barrier but a facilitator in this task” To fulfill this vacuum Dr. Ihab Fikry and IbrahimKamel founded Almentor.net in 2016…
Former Careem Pay CEO launches SimpliFi, a Cards-as-a-Service platform for the Middle East, North Africa, and Pakistan.
SimpliFi has announced the launch of its Cards as a Service platform for the Middle East, North Africa, and Pakistan. The Dubai-based startup had previously been operating in stealth mode. It has also concluded a seed round led by Saudi-based Raed Ventures, with participation from…
Sanjay Pahwa Calega Capital Director
Sanjay Pahwa is the Director at Calega Resources Investment LLC. Executive Director : Calega Resources Partner : Sygmia Consulting Group Chief Operations Officer, Middle East and Africa : Agility Logistics Global Integrated Logistics Senior Manager, Procurement and Materials Middle East : Kbr, Inc. General Manager :…
Startup News MENA- Edutech Kibo School Gets $2m to Offer Online Study to Students in Africa
Startup Business News MENA : Many parents relocate to America so that their children might benefit from the opportunity to pursue higher education. Unfortunately, not everyone has the admission to do so. to enable more Africans to realise their aspiration fellow benefactor and CEO Ope…
Pakistani consumer lending fintech Tez is acquired by ZoodPay
ZoodPay, a purchase now pay later platform based in Switzerland that operates in many Middle Eastern and Central Asian markets, announced today that it has acquired Pakistani consumer financing startup Tez. The financial terms of the acquisition were not disclosed, but the announcement stated that…
Best Distribution Company in Dubai UAE
Best Distribution Company in Dubai : Looking for Best distribution company Or IT and Hardware distributors in Dubai, United Arab Emirates. Here are the list of Top distributers IT Distributors in Dubai UAE 1. Tartan Glabal 2. Almasa IT Distribution 1. Tartan…
Top 10 Best Startups in Abu Dhabi UAE 2022
Best Startups in Abu Dhabi UAE 2022 Abu Dhabi’s startup and tech scene are growing, and the government has programs to encourage people to start their own businesses. In the coming years, Abu Dhabi is likely to have a strong tech and startup scene. We’ve…
How to Start / Set Up a Crypto Business in Dubai 2022?
Crypto Business in Dubai The city just passed a law and set up a governing body to help promote cryptocurrencies. Dubai is ramping up to become the crypto capital of the world. Crypto enthusiasts can set up a crypto business in Dubai by following these…
Two brothers, one startup and an urge to create an honest impactful brand: Groovy’s inspiring story
While we all were sitting home, groovy started out with a vision to create and give Mitkaran Singh and Rajneesh Sharma started the production of fresh and original juices and they sold 150ml packs for 10 INR each. They started out in the year 2020…
Jordan’s Book Summary Start-up Wajeez Raises $3 Million in Pre-Series A Round
Jordan-based EdTech startup and book summary platform Wazeej, has successfully raised $3 million in a pre-series A round. The funding round that was led by technology venture capital fundSTV, also witnessed the participation of Abu Dhabi’s Shorooq Partners, Jordan’sMawdoo3, and Wise Venture. Founders Wajeez was…
Cairo Based Discount App Startup: LUCKY
Algebra Ventures has invested in Egyptian loyalty solutions firm Dsquares ahead of the launch of its B2C consumer-tech product, the Lucky Discounts App. ABOUT Dsquares was founded in 2012 by Marwan Kenawy, Ayman Essawy, and Momtaz Moussa to assist businesses to enhance client loyalty and…
Presenting before you all PayTabs to power the future of payments in the MENA region
Do you also like to have instant access to the amount paid by your clients using all major credit cards from all over the globe on your websites or mobile apps with just one click? Then go no farther than this comprehensive payment processing solution…
A complete guide to Expo 2020 Metro Extension line in Dubai
The inauguration of a 15 km long extension to the Metro Red line – Route 2020, was done by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President as well as Prime Minister that belongs to UAE and Ruler of Dubai. The opening of…
A complete guide to plan your stay in Dubai during Expo-2020
Despite being held in 2021 this expo is named Expo 2020 With the theme- “Connecting minds, creating the future”, UAE is creating yet another beautiful experience for everyone around. The city & its hotel witnesses one of the peak season during this time hence you…
A guide to the safest travel options, if you are a woman traveling for Expo 2020.
Expo 2020, now to be held in 2021. Know all about dates, tickets, and travel in this article. Dubai, which is one of the 7 emirates of the United Arab Emirates, is amongst the world’s most popular destinations for travel and tourism as well as…
IPL Enters EXPO 2020 Dubai: The catalyst for change
Rajasthan Royals, the pink team of the Indian premier league announces a marvelous title sponsorship deal with Expo 2020 Dubai for the upcoming 14th season of IPL. As a part of the association, “Expo 2020 Dubai” will appear on the front of Rajasthan Royals’ jersey…
FIDE world chess championship to be held at Dubai Expo 2020
The upcoming FIDE World Chess Championship, which is the highlight of the world chess calendar, is all set to take place at the state-of-the-art Dubai Exhibition Centre, co-located at Expo 2020, from November 24 to December 16. NEW DATES AND EXCITEMENT The world governing body…
List of Top 10 Best Hospitals in Dubai UAE 2022
Top 10 Best Hospitals in UAE Dubai 2022 : Name Official Site Contact Address Cleveland Clinic https://www.clevelandclinicabudhabi.ae 800 222 33 Global Market Square – Abu Dhabi – UAE Medeor 24X7 Hospital https://medeor.ae/dubai/ 97180055 Dubai, United Arab Emirates King’s College Hospital Dubai https://kingscollegehospitaldubai.com/ 971 4 247…
Majid Al Futtaim Launches A Regional Accelerator Programme For Startups & SMEs
Business News MENA : The retail group Majid Al Futtaim has started an accelerator programme to help startups and small and medium-sized businesses (SMEs) in strategic sectors speed up their growth plans and help the economy grow. Details: The programme will work with AstroLabs, which…
Dubai Plans to Launch A Network of 50 Offices Around the Globe For Commerce Promotion
According to Dubai business news – Dubai will establish a network of 50 representative offices across five continents over the next few years to promote the emirate’s economic interests as it strives to become one of the world’s major corporate hubs. “We are the most…
Top 10 Best Budget Indian Restaurants in Dubai 2022
Here is the list of Top 10 Budget Indian Restaurant in Dubai – Desire Indian cuisine in Dubai? You’re in luck, as Dubai has an abundance of Indian eateries selling everything from the most scrumptious curries and biryanis to classic subcontinental street cuisine. The cuisine…
India-based PolicyBazaar raises $75M in order to expand in the middle east market
PolicyBazaar has raised around $75M in order to expand its network in the middle east market. The funding was led by US-based Falcon Edge Capital. The company had experienced a 66% increase in revenue to $70M in FY2020 but had also experienced a loss of…
Shiprocket has received $41.3 million in financing from PayPal Ventures and Bertelsmann
“It doesn’t matter how long you’ve been in the business. It all comes down to the calibre of your years of experience.”- Shiprocket Highlights of the article New investor Tech Edge Ventures joined existing investors March Capital and Tribe Capital in the round. The most…
Eyewear Unicorn Lenskart Secures $220 million, To Expand in Asia and Middle East
Omni-channel eyewear brand Lenskart, secured $220 million in a funding round that was led by Temasek Holdings Pte and Falcon Edge Capital. The round also witnessed the participation of existing investors Bay Capital and Chiratae Ventures, valuing the startup at $2.5 billion. Avendus Capitalacted as…