Technology
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4.4KJumia reports 34 percent increase in losses to $248 million in 2019, stock price tumbles 27 percent in a single day
Jumia, the African ecommerce platform with presence across 11 markets including Egypt, Morocco, Algeria, and Tunisia has reported its 2019 results (its...
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7.9KCareem and Noon win initial approval for launching mobile wallets in Saudi
Careem and Noon have been granted initial approval for their mobile wallets, Careem Pay and Noon Pay, in Saudi by the Saudi...
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6.7KEgypt’s Garment IO raises $450,000 to help garment factories improve their productivity with real-time data
Garment IO, a Cairo-based SaaS startup for garment factories has closed a round of $450,000 in seed funding from Egypt Ventures and...
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5.8KDelivery Hero’s 2019 MENA revenue jumps over 120 percent to $775 million
Delivery Hero continues to dominate food delivery in the Middle East & North Africa with its 2019 revenue of the region (which...
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6.2KEgypt’s Kashat launches country’s first nano lending mobile app offering short-term loans up to $100
Kashat, a Cairo-based fintech has launched its Android-only mobile app that offers short-term loans between EGP 100 (USD 6.33) and EGP 1,500...
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6.4KTunisian bike taxi startup IntiGo raises over $300,000, expands into food delivery
Tunisian bike taxi startup IntiGo has raised over $300,000 in funding from angel investors, it told MENAbytes today. The startup had raised...
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4.2KCafu parent launches Urban to make renting homes and apartments easy in Dubai
Intelligent B, the Dubai-based company behind on-demand fuel delivery service Cafu has announced the launch of Ubran, a real-estate mobile app that...
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5.1KJordan’s Mawdoo3 acquires local affiliate marketing company Relevant Network
Jordanian content startup Mawdoo3 has acquired Relevant Network, an Amman-based affiliate marketing company that helps brands and businesses in MENA with affiliate...
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5.8KVezeeta moves its headquarters to Dubai, eyes Nigeria and Kenya for expansion
Vezeeta, the leading doctor booking platform of the region has moved its headquarters from Cairo to Dubai. A Vezeeta spokesperson has confirmed...
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11.6KDubai-based on-demand fuel delivery company Cafu is expanding to Egypt
Cafu, the Dubai-based on-demand fuel delivery company is expanding to Egypt, it announced in a LinkedIn post on Wednesday without sharing too many...