Posts By Zubair Naeem Paracha
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10.0KNewsCareem is killing its mass transportation service ‘Careem Bus’
Careem is killing its mass transportation business Careem Bus, company’s CEO Mudassir Sheikha announced today. The decision was announced by him as...
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20.0KNewsCareem lays off 31 percent of its workforce as business takes a big hit due to Covid-19
Dubai-headquartered ride-hailing (super-app) company Careem that was acquired by Uber earlier this year is laying off 536 of its employees which make...
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11.3KInvestmentsDubai-based insurance aggregator Yallacompare raises $4.25 million in new funding
Dubai-based financial comparison platform and insurance aggregator Yallacompare has $4.25 million in fresh funding from Kuwaiti insurance company Gulf Insurance Group, it...
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4.8KInvestmentsPalestine’s Tawazon raises six-figure seed for its Calm-like meditation app for the Arab world
Palestine-based wellness startup Tawazon has raised seed funding from Ibtikar Fund, the Palestinian VC announced in a statement today to MENAbytes. The...
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4.0KNewsVezeeta launches its healthcare platform in Kenya, Nigeria next
Vezeeta, the leading healthcare startup of the Middle East & North Africa has expanded to East Africa with the launch of its...
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13.1KNewsBayut & Zameen parent EMPG raises $150 million at a valuation of over $1 billion, announces merger with OLX in a few markets
Dubai-based Emerging Markets Property Group (EMPG) that runs property portals in different emerging markets across the world including Bayut in Dubai, Zameen...
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10.1KNewsDubai-based cross-border money transfer app Denarii Cash witnesses big surge in usage, expands service to new markets
Denarii Cash, a Dubai-based money transfer app for Filipino expatriates in the United Arab Emirates has been experiencing a big surge in...
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4.9KNewsTarteel launches an AI-powered mobile app to help Muslims recite and memorize Quran
Tarteel, an initiative to develop tools that support the reading and recitation of the Quran (holy book of Islam) has launched a...
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11.8KNewsPakistani fintech SadaPay gets in-principle approval from country’s central bank to launch mobile wallet
Islamabad-based fintech SadaPay has been granted the in-principle approval by the State Bank Of Pakistan for an Electronic Money Institution (EMI) license,...
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6.6KEcosystemAlex Angels launches ~$6 million early-stage fund to back Egyptian startups
Alexandria Angels (more commonly known as Alex Angels), the angel network from Egypt, has launched Alex Angels Fund, a $6.3 million (EGP...