Technology
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3.9KKuwait’s Zain launches VC arm with investments in Swvl and Pipe
Zain, the leading telecommunications group of the region that’s present in seven markets and serves close to 50 million individuals and businesses...
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7.1KThe winners of Swvl’s $1.5 billion SPAC merger
Dubai-headquartered mobility startup Swvl announced on Thursday that it plans to go public by merging with SPAC Queen’s Gambit Growth Capital. The...
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16.9KSwvl is going public via SPAC at a valuation of $1.5 billion
Dubai-headquartered ride-sharing startup Swvl has announced today that it is going public by merging with a merger with a special purpose acquisition...
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6.4KAleph Holding acquires Middle Eastern digital advertising company Connect Ads
Aleph Holding, a Miami-headquartered digital media company has acquired an 86 percent stake in Egyptian advertising platform Connect Ads, it announced in...
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5.5KArgaam-parent SRMG acquires 51 percent stake in Arabic podcast platform Thmanyah for ~$9 million
Saudi Research & Media Group (SRMG), a public company that’s behind leading media brands including Argaam, Arab News, Asharq Al-Awsat, and Asharq...
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7.4KBevy acquires Egyptian virtual events platform Eventtus
Bevy, a California-based enterprise software startup for virtual conferences and community events has acquired Egyptian event management software startup Eventtus, it announced...
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10.6KSaudi’s Tamer Group acquires Dubai-based Mumzworld
Tamer Group, a Saudi company with interests in healthcare, beauty, and FMCG products, is acquiring Mumzworld, the region’s leading ecommerce platform for...
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9.5KSaudi grants digital banking license to STC Pay and another firm
STC Pay and another local firm have become the first companies in Saudi to receive a digital banking license. The Saudi cabinet...
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19.4KBazaar launches digital ledger app Easy Khata, hits over 100,000 merchants in less than two months
Karachi-based B2B ecommerce marketplace Bazaar has launched Easy Khata, a new mobile app that helps retailers manage their ledger and accounting. The...