Posts By MB Staff
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19.3KNewsSaudi’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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16.6KEcosystemAbu 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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13.1KNewsEgyptian 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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14.6KNewsSTC 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...
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21.0KNewsIt’s Official: STC to acquire 55 percent stake in Vodafone Egypt for $2.39 billion
Saudi Telecom Company (STC) and Vodafone Group have signed an MoU for the sale of Vodafone’s entire 55 percent stake in Vodafone...
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6.8KNewsDubai’s EMPG injects $7 million in its Moroccan real-estate platform Mubawab
Emerging Markets Property Group (EMPG), the Dubai-based company behind real-estate portals like Bayut and Zameen, is injecting $7 million in its subsidiary...
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23.0KNewsUpdate: Careem lays off over 150 employees amid cost cuts
Update – Jan 26, 2019 – 9:30 AM GMT: The story was updated with more details after we spoke with multiple sources...
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9.4KNewsProperty Finder appoints former Facebook and Google exec Ari Kesisoglu as President
Dubai-based Property Finder has appointed former Facebook and Google executive Ari Kesisoglu as President, it announced in a statement today. Ari previously...
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7.0KNewsEgyptian beauty services platform Glamera expands to Saudi
Glamera, a Cairo-based beauty services platform has expanded to Saudi with the launch of its service in Riyadh, it told MENAbytes today....
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11.3KInvestmentsDubai’s Lorryz raises $1.4 million seed for its online freight marketplace
Dubai-based online freight marketplace Lorryz has raised $1.4 million in a seed round, it told MENAbytes today. The investment came from Emirates...