Posts By MB Staff
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3.7KInvestmentsAbu Dhabi’s Mubadala co-leads $2.25 billion investment in self-driving car company Waymo
Mubadala, the Emirati sovereign wealth fund has co-led the $2.25 billion investment in Waymo, the self-driving company that is owned by Google’s...
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5.7KNewsCareem and Noon win initial approval for launching mobile wallets in Saudi
Careem and Noon have been granted initial approval for their mobile wallets, Careem Pay and Noon Pay, in Saudi by the Saudi...
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1.9KNewsSTV hires former Google executive Ivan Jakovljevic to help its portfolio companies grow
Saudi Technology Ventures (STV), the largest venture capital fund of the Middle East & North Africa, has hired former Google executive Ivan Jakovljevic...
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4.5KNewsJordan’s POSRocket partners with payments giant Geidea to sell its POS cashier software in Saudi
Jordanian software startup POSRocket has signed a partnership with the leading Saudi payments company Geidea to sell its point-of-sale cashier software to...
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4.8KInvestmentsOmani ecommerce marketplace MarkeetEx raises $1 million seed
Muscat-based ecommerce marketplace MarketEx has raised $1 million in a seed round, the startup announced to MENAbytes today. The round was raised months...
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11.2KInvestmentsDubai-based two-year-old cloud kitchen startup Kitopi raises $60 million Series B
Kitopi, a two-year-old Dubai-based managed cloud kitchen platform (that claims to be the leading of its kind in the world) has raised...
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8.0KNewsSaudi’s Abdul Latif Jameel invests in air taxi startup Joby Aviation
Abdul Latif Jameel (ALJ), a Saudi family business that is mostly known for being a distributor of Toyota vehicles in the Kingdom...
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5.6KEcosystemAbu Dhabi-based Techstars Hub71 selects 10 global startups for first class, invests $120,000 in each
Techstars Hub71, the Abu Dhabi-based accelerator (that is run by Techstars in partnership with Hub71) has revealed the ten global startups that...
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4.7KNewsEgyptian business leader and tech investor Khaled Bichara dies in a car accident
Khaled Bichara, a leading Egyptian business leader, entrepreneur and tech investor has passed away in a tragic car accident on Friday. Born...
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6.0KNewsSTC Pay and Geidea become first two companies to get fintech license from SAMA
STC Pay, one of the leading mobile wallet of Saudi Arabia that was launched in late 2018 by Saudi Telecom Company (and...