Posts By MB Staff
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5.2KNewsCareem 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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11.1KInvestmentsJordan’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...
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2.1KNewsDubai-based logistics startup Fetchr denies the rumors of acquisition by Jollychic
Fetchr, the Dubai-based logistics startup has denied the rumors of acquisition by Chinese ecommerce platform Jollychic. A source had told MENAbytes that Jollychic that’s...
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2.4KNewsMorocco’s WaystoCap named among the Technology Pioneers of 2018 by World Economic Forum
Every year, the World Economic Forum recognizes a limited number of early-stage companies involved in design, development and deployment of new technologies and...
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2.7KEcosystemEgypt’s Sawari Ventures to close $55 million VC fund
Sawari Ventures, one of the oldest VC firms of Egypt that is also behind Flat6Labs accelerator is expected to close first tranche...
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12.5KNewsDubai-based private equity firm Abraaj files for liquidation
Abraaj Holdings, the Dubai-based buyout firm founded by Arif Naqvi has filed an application for a court-supervised restructuring in Cayman Islands (where...
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4.2KEcommerceNoon partners with eBay to bring top eBay products on its marketplace in UAE & Saudi
Noon, the Dubai-based ecommerce platform founded by Mohamed Alabbar and backed by Saudi Public Investment Fund has announced a partnership with eBay,...
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4.1KNewsGoldman Sachs’ AI predicts Saudi will be only team from MENA to make it out of group stage at the FIFA World Cup
Goldman Sachs, the American financial firm has used machine learning to predict results of the FIFA World Cup 2018 that is set...
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2.2KNewsSaudia now offers free in-flight WhatsApp service across all domestic and international flights
Saudi Arabian Airlines, also known as Saudia, has extended its free in-flight WhatsApp service across all domestic and international flights, the airline...
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2.0KInvestmentsUAE’s SchoolVoice raises $1.5 million for its school-parent communication platform
Abu-Dhabi based school-parent communication platform SchoolVoice has raised $1.5 in seed funding from Bin Mejren Investment Group. Started in 2016 by Ali Bin...