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646OpinionsOpinion: Saudi banks should be afraid of Halalah, STC Pay and the likes
Five out of the ten largest Saudi companies in terms of market cap are the local banks. Two of these banks were...
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1.2KNewsSoftBank in talks with Saudi, UAE & Oman for second $100 billion Vision Fund: report
SoftBank and its bankers have held preliminary talks with sovereign wealth funds from Saudi Arabia, United Arab Emirates (Abu Dhabi), Oman, Singapore...
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2.7KInvestmentsOrcas, a Cairo-based online marketplace for babysitters and tutors, raises $500,000 Pre-Series A
Orcas, a Cairo-based online marketplace for babysitters and tutors has raised $500,000 in Pre-Series A funding round led by Egypt’s largest VC...
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4.1KInvestmentsDubai-based heavy equipment rental marketplace Tenderd raises $5.8 million seed from Y Combinator, BECO, Paul Graham, Peter Thiel & others
Dubai-based heavy equipment renal marketplace for the construction industry has raised $5.8 million in what it’s calling the largest ever seed funding...
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2.2KEcommerceAmazon Prime launches in UAE with free next day local delivery, free expedited international delivery, Prime Video & more
Amazon’s premium subscription service Amazon Prime has launched in the United Arab Emirates. The launch that was announced in a statement today...
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14.9KStartupsHere’s the pitch deck Careem used to raise $1.7 million as its first venture capital round in 2013
United Arab Emirates yesterday became the first country to grant approval to Uber-Careem deal. The $3.1 billion deal that consists of $1.7...
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8.9KNewsUber-Careem deal gets regulatory approval from UAE
Uber’s $3.1 billion acquisition of Careem has received the green light from the UAE with country’s Ministry of Economy granting full approval...
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3.6KNewsWeb Summit in talks with UAE government to organize a global tech event in the country by 2022
Web Summit, one of the largest technology events in the world that attracts tens of thousands of attendees every year in Lisbon,...
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3.3KNewsPakistani fintech startup Tez wins $100,000 grand prize at Visa Everywhere Initiative
Tez Financial Services, a Pakistani fintech startup has won the FinTech challenge at first edition of Visa Everywhere Initiative for women, receiving...
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4.1KNewsEgypt’s Swvl is expanding to Nigeria, to launch in Lagos within the next few weeks
Cairo-based transportation startup Swvl is expanding to Nigeria, the startup told MENAbytes after initially announcing the role of Country General Manager for...
