Technology
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2.7KNice One’s profit rises 10% in 2025 Q1, sales surge 30% to $87 million after Ramadan boost
Newly listed Saudi beauty ecommerce platform Nice One reported a 10.2% year-on-year increase in net profit for the first quarter of 2025,...
- 3.5K
Fuze, UAE crypto infrastructure startup, secures license to expand into card payments
Fuze, a UAE-based fintech building financial infrastructure for businesses, has received a Retail Payment Services and Card Schemes (RPSCS) license from the...
- 6.4K
Saudi meal subscription startup Calo expands to UK with acquisition of two local meal delivery brands
Calo, the Saudi-headquartered foodtech startup, has expanded into the United Kingdom with the acquisition of two local prepared meal delivery brands, Fresh...
- 5.2K
Egyptian quick commerce startup Rabbit expands into Saudi Arabia
Cairo-based quick commerce startup Rabbit has officially launched operations in Saudi Arabia, to compete in the largest and one of the most...
- 12.4K
Talabat expands grocery vertical with InstaShop acquisition from Delivery Hero
Talabat has acquired InstaShop from Delivery Hero for $32 million, the company announced today. The price is largely symbolic, as the deal...
- 11.2K
Fawry’s 2024 revenue soars 68% to EGP 5.5 Billion, net profit jumps 125%
Fawry, the leading Egyptian payments company, has announced strong financial results for the fiscal year 2024, with revenues reaching EGP 5.51 billion...
- 11.3K
Tamara receives SAMA license for consumer finance and BNPL services
Tamara has received a license from the Saudi Central Bank (SAMA) to provide consumer finance and buy-now-pay-later (BNPL) services, the central bank...
- 7.7K
Dubai’s Disrupt.com to invest $100 million in building and backing AI-first startups
Disrupt.com, a Dubai-headquartered venture builder by the team behind Cloudways, which was acquired by Digital Ocean for $350 million in 2022, has...
- 7.6K
Cohere launches optimized Arabic AI model for MENA enterprises
Cohere has released Command R7B Arabic, a lightweight multilingual AI model optimized specifically for Arabic language capabilities to support enterprises in the...
- 6.1K
Instabug appoints Jim Douglas as new CEO, Omar Gabr transitions to President
Instabug, the AI-powered mobile observability platform, has appointed Jim Douglas as its new CEO, with co-founder Omar Gabr transitioning to the role...
