Posts By MB Staff
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204NewsFetchr denies the rumor of Sequoia joining their next investment round
Another day. Another Fetchr rumor. Another denial. The rumor of Sequoia, one of the largest VCs of the world, looking to invest...
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4.9KNewsCareem 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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1.3KNewsAlwaleed 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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2.8KNewsSaudi 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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1.1KNewsSaudi 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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867NewsEgypt’s new law to regulate social media users with more than 5,000 followers, aims to curb ‘fake news’
Egyptian parliament earlier this month has passed a law to regulate the social media users to fight ‘fake news’. The law would...
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970EcosystemSeedstars to host its pitch competition for seed-stage startups in Iraq & Libya for the first time
Seedstars World, one of the largest startup competitions for emerging markets is coming to Iraq & Libya for the first time to...
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1.8KEcommerceNoon expands presence to China to build a direct network with Chinese brands and suppliers
Dubai-based ecommerce marketplace Noon is expanding its presence to China with the launch of an entity on the mainland and another one...
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4.5KNewsCareem is reportedly planning to spend $150 million on its food delivery business
Careem is planning to spend as much as $150 million to expand into food delivery business, Reuters has reported earlier today citing...
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9.6KInvestmentsJordan’s POSRocket raises $1.5 million for its cloud-based point-of-sale system
Amman-based POSRocket has raised $1.5 million in a fund round led by Algebra Ventures and joined by Kuwait’s KISP Ventures and Arzan...