Even after previous denials from both the companies, the rumors about Uber potentially acquiring Careem are not dead yet. Bloomberg, quoting unnamed...
Saudi Arabia’s foreign wealth fund that is known as Public Investment Fund (or PIF) has agreed to invest over $1 billion in...
Enova Robotics, a Tunisian robotics startup has raised $1.6 million investment in what’s the largest-funding round for a Tunisian startup, according to...
Started in 2016, Taqadam is a Saudi university startup accelerator that is run by King Abdullah University of Science and Technology in...
Almost nine months after launching the Amazon Global Store in UAE, Souq is now expanding it to Saudi Arabia. Launched last week,...
As reported by MENAbytes earlier this year, Careem has finally announced the launch of its operations in Sudan’s capital Khartoum. The ride-hailing service...
AlMaqarr, an Egyptian coworking space startup has raised investment from Cairo Angels, the angel network announced yesterday in a statement. The size...
It has been more than three months since Egypt’s transportation startup Swvl announced an $8 million Series A round, the largest for...
In a very bold and unexpected move, Egyptian Competition Authority, country’s competition regulator has warned Uber and Careem against a possible merger....
Coming from a background in finance, fintech is always close to our hearts. This month we took a look at the emerging...