Posts By MB Staff
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6.0KEcosystemDubai-based Chalhoub Group launches ‘Greenhouse’, a space and accelerator, as part of its digital transformation push
Chalhoub Group, one of the biggest names in luxury retail across the region, has announced the launch of Greenhouse, a space and...
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4.3KInvestmentsJordan’s Whyise raises six-figure seed funding from Propeller for its impact analytics platform
Jordanian startup Whyise has raised seed funding in a round led by Propeller, an Amman-based accelerator and early-stage VC, and two angel...
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5.9KInvestmentsUAE’s BECO Capital raises $10 million from IFC for its second fund, expects to close it with $100 million
Dubai-based BECO Capital has raised $10 million for its second fund from International Finance Corporation (IFC), a member of World Bank Group, IFC...
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9.2KNewsNew regulations in UAE require social media influencers, websites and blogs to clearly identify sponsored content
UAE’s National Media Council has issued new regulations for advertisements in the country with details about online (or electronic) advertisements as well....
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3.7KEventsMAIN to bring angel investors from MENA in El Gouna for first edition of ‘Middle East Conference on Business Angel Investment’
MAIN, the Middle East Angel Investment Network, an alliance of business angel groups, networks, fund and individuals angels is launching the first...
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5.2KNewsUber and Careem could face fines up to $28 million each in case of a merger, says Egypt’s competition watchdog
Egypt’s competition watchdog has warned Uber and Careem once again against the merger. The regulator, Egyptian Competition Authority, had first warned the...
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8.2KNewsEgypt’s central bank receives 13 applications from telcos and banks for ‘QR code’ license
The Central Bank of Egypt has received 13 applications from banks and telecom companies for the QR Code license, Egyptian publication Almal...
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6.0KInvestmentsNYC-based Halal online investment platform Wahed raises ~$8 million at a valuation of ~$100 million
New York City-based Halal online investment platform Wahed has raised close to $8 million (£6 million) in its latest funding round at...
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4.5KNewsCareem is testing peer-to-peer credit transfers in Egypt, plans to roll it out across all its markets gradually
Careem is testing peer-to-peer credit transfer feature in Egypt, the Dubai-based company announced in a blog earlier this month. “Peer-to-peer credit transfer...
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10.5KInvestmentsEcommerce startup Wadi raises $30 million from Majid Al Futtaim to fuel growth of its grocery business in Saudi
Wadi, a Dubai-headquartered ecommerce startup has raised $30 million in fresh funding from Majid Al Futtaim, one of the biggest regional conglomerate...