News
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1.9KAnghami confirms that it is raising a new round and also considering acquisition offers from multiple parties
Anghami, the leading music streaming service of the Middle East & North Africa has confirmed to MENAbytes that it has signed JPMorgan...
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2.4KSaudi’s Leap raises six-figure seed to let users pre-order their takeaway coffee
Riyadh-based coffee pre-ordering startup Leap has raised six-figure (USD) seed funding, it told MENAbytes today without disclosing the exact size of the...
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2.6KCareem’s Chief Finance & Strategy Officer Ankur Shah leaves the company
Dubai-based Careem’s Chief Finance & Strategy Officer Ankur Shah has left the company, he announced in a LinkedIn post today. Ankur’s announcement...
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2.5KAspect Biosystems, a Canadian biotech startup co-founded and led by an Egyptian entrepreneur, raises $20 million Series A
Vancouver-based biotech startup Aspect Biosystems that is co-founded and led by an Egyptian-Canadian entrepreneur Tamer Mohamed has raised $20 million (CAD 26...
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3.4KPakistan’s Roamer raises six-figure seed to offer chauffeur-driven cars on rent by the hour
Islamabad-based hourly car rental startup Roamer has raised six-figure (USD) seed investment, it told MENAbytes today without disclosing exact size of the...
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3.1KDubai’s SpiderSilk raises $500,000 seed to help companies prevent cyber attacks
Dubai-based cybersecurity startup SpiderSilk has raised $500,000 seed in a round led by Global Ventures, and joined by FutureTech and some angels...
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3.9KUber completes $3.1 billion acquisition of Careem
Uber has completed the acquisition of its Middle Eastern rival Careem, the San Francisco-headquartered company announced today in a statement, saying Careem...
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2.7KEgypt approves Uber’s acquisition of Careem with conditions
Egypt’s competition watchdog, the Egyptian Competition Authority (ECA), has approved Uber’s acquisition of Careem with conditions, it announced in a statement earlier...
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3.6KDayra, an Egyptian fintech wins $15,000 grant from Y Combinator’s Startup School
Cairo-based fintech Dayra has won $15,000 grant from Y Combinator’s Startup School, becoming the first startup from the Middle East & North...