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642NewsCareem to launch a bus service across all its markets starting with Egypt later this year: report
Careem is testing a bus-booking service in Egypt, Bloomberg has reported. The service is expected to be officially launched in Egypt later...
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811NewsAlwaleed bin Talal buys 2.3% stake in struggling Snapchat for $250 million
Saudi billionaire Prince Alwaleed bin Talal has acquired 2.3% stake in Snapchat for $250 million, he announced on Twitter yesterday. The shares...
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2.6KNewsSaudi sovereign wealth fund PIF builds $2 billion stake in Tesla: report
Saudi sovereign wealth fund, Public Investment Fund, normally known as PIF, has built a $2 billion stake in Tesla, Financial Times has...
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1.3KNewsAlwaleed’s Kingdom Holding & Rotana invest $266.7 million in French music streaming service Deezer
Saudi billionaire Alwaleed bin Talal has invested $266.7 million (1 billion Saudi Riyal) in the French music streaming service Deezer that competes with...
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551EcosystemGovernments in MENA should not fund startups directly, says Arzan VC’s Hasan Zainal
Governments in the Middle East & North Africa are playing a very active role in their tech ecosystems these days. They are...
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349InvestmentsDubai-based diamond jewelry ecommerce startup Fergus James raises over $400,000 from angel investors
Fergus James, a Dubai-based diamond jewelry ecommerce startup has raised a little over $400,000 (1.5 million dirhams) in funding from the local...
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1.1KNewsSaudi 18-year-old gamer wins the FIFA eWorld Cup, takes home $250,000 in prize money
Mossad Aldossary, an 18-year old Saudi professional gamer has won the FIFA eWorld Cup by beating a Belgian player in the final...
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1.8KEcosystemUAE’s Krypto Labs announces EdTech contest with $270,000 in prizes for global startups
Abu-Dhabi based global tech incubator Krypto Labs has announced EdTech Innovations Startup Contest that aims to find disruptive edtech products and services...
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9.8KEcosystemAll Saudi female team wins Hajj Hackathon, Egyptian and Algerian teams win second and third place
The first ever Hajj Hackathon finally concluded yesterday with a prize ceremony after three days of activities. The event brought almost 3,000...
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1.9KEcosystemWhere are the failed startups of MENA?
I am someone who firmly believes in embracing failure. As the cliche goes, failure is a better teacher than success, in almost every...
