Posts By Zubair Naeem Paracha
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13.7KNewsUber in advanced talks to acquire Careem for $3 billion, could announce the deal in coming few weeks: report
Uber is in advanced talks to acquire Careem, Bloomberg reported today, citing unnamed sources familiar with the matter. The deal according to Bloomberg,...
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7.1KStartupsJust Launched: Cairo-based ElCoach is an Arabic-only weight loss coaching app that offers personalized fitness programs
Just Launched is a new series on MENAbytes that will cover digital products and services that have recently launched (six months). Cairo-based...
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7.9KEcommerceAmazon preparing for the launch of Amazon.ae to replace Souq.com in UAE
Almost a month after CNBC reported that Amazon is planning to launch its Middle Eastern marketplace, new screenshots of this Amazon marketplace...
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4.8KNewsAlabbar’s Emaar Malls acquires rest of 49% stake in ecommerce platform Namshi for $129.5 million
Dubai-based Emaar Malls, the retail unit of Mohammed Alabbar’s Emaar Properties, has acquired the rest of 49 percent stake in fashion ecommerce platform...
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1.8KInvestmentsKuwait’s Faith Capital announces $8 million investment in its on-demand laundry startup JustClean for its expansion
Kuwait-based Faith Capital has announced an investment of $8 million in JustClean, a Kuwaiti laundry startup it had acquired in 2017. All...
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12.6KInvestmentsCairo-based trucking marketplace Trella raises over $600,000 in pre-seed to connect shippers with carriers
Cairo-based trucking marketplace Trella has raised over $600,000 in a pre-seed funding round led by Algebra Ventures and joined by global VCs...
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2.3KNewsUber Eats reportedly in final talks to exit India by selling its business to local rival Swiggy
Uber Eats India is reportedly in final talks with its local rival Swiggy to exit the Indian market by selling the business...
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1.6KNewsSaudi mobile wallet STC Pay launches international remittance service in partnership with Western Union
STC Pay, the mobile wallet by Saudi Telecom, has rather quietly launched an international remittance service that allows users to transfer money all...
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2.3KStartupsJust Launched: Egyptian startup Hive is a subscription-based transportation app for school children
Just Launched is a new series on MENAbytes that will cover digital products and services that have recently launched (six months). Cairo-based...
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2.8KStartupsCairo-based Elmenus is taking on regional and global food delivery giants in Egypt
Food delivery is a big business in the Middle East & North Africa. So big that MENA accounted for almost half of...