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6.9KEcosystemMiddle East’s first WeWork officially opens in Abu Dhabi
WeWork, the struggling American coworking company, has officially opened its first location in the Middle East & North Africa, in Abu Dhabi,...
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12.5KInvestmentsHomzmart, a Cairo-based furniture marketplace founded by ex-Rocket Internet execs, raises $1.3 million seed
Cairo-based furniture marketplace Homzmart has raised $1.3 million in a seed round, the startup told MENAbytes today. The investment which according to...
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15.1KInvestmentsDubai-based two-year-old cloud kitchen startup Kitopi raises $60 million Series B
Kitopi, a two-year-old Dubai-based managed cloud kitchen platform (that claims to be the leading of its kind in the world) has raised...
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10.4KNewsSaudi’s Abdul Latif Jameel invests in air taxi startup Joby Aviation
Abdul Latif Jameel (ALJ), a Saudi family business that is mostly known for being a distributor of Toyota vehicles in the Kingdom...
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7.8KEcosystemAbu Dhabi-based Techstars Hub71 selects 10 global startups for first class, invests $120,000 in each
Techstars Hub71, the Abu Dhabi-based accelerator (that is run by Techstars in partnership with Hub71) has revealed the ten global startups that...
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6.4KNewsEgyptian business leader and tech investor Khaled Bichara dies in a car accident
Khaled Bichara, a leading Egyptian business leader, entrepreneur and tech investor has passed away in a tragic car accident on Friday. Born...
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7.6KNewsSTC Pay and Geidea become first two companies to get fintech license from SAMA
STC Pay, one of the leading mobile wallet of Saudi Arabia that was launched in late 2018 by Saudi Telecom Company (and...
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5.3KNewsDubai’s Crowd Analyzer acquires TaskSpotting, a nano-influencer marketing platform for branded content
Dubai-based social media monitoring platform Crowd Analyzer has acquired a micro-influencer marketing platform Task Spotting, it announced today in a statement to...
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3.4KEcommerceDirect-to-Consumer (D2C) opportunities in MENA: The time is right
Value creation in the consumer-goods industry has historically been centered around economies of scale and high barriers of entry in distribution and...
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13.0KNewsIt’s Official: STC to acquire 55 percent stake in Vodafone Egypt for $2.39 billion
Saudi Telecom Company (STC) and Vodafone Group have signed an MoU for the sale of Vodafone’s entire 55 percent stake in Vodafone...
