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4.3KEcommerceWadi.com completely shuts down the marketplace to focus on groceries in Saudi
Wadi.com, the Dubai-based ecommerce platform that had pivoted to groceries last year, has now completely shut down its online marketplace. The startup had...
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8.1KEcommerceEcommerce in MENA expected to reach $28.5 billion by 2022: report
According to a recently published report by global management consultancy firm Bain & Company that is present in Middle East through its...
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7.7KNewsDelivery Hero acquires Zomato’s food delivery business in UAE for $172 million
Another day another Delivery Hero acquisition in MENA. As reports last month suggested, Berlin-headquartered Delivery Hero today has announced the acquisition of Indian...
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4.8KInvestmentsDubai-based P2P SME lending platform Beehive raises $4 million to expand to Bahrain & Saudi
Dubai-based peer to peer lending platform Beehive has raised $4 million as part of its Series B round from Riyad Taqnia Fund...
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3.2KEcosystemWorld Economic Forum is looking for 100 Arab Startups that are shaping the Fourth Industrial Revolution in 2019
The World Economic Forum is once again looking for 100 promising Arab startups that are shaping the fourth Industrial Revolution. For this...
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4.1KInvestmentsExclusive: Egypt Ventures invests in video big data analytics startup AvidBeam in a Series A round
Egypt Ventures, the recently launched Cairo-based VC fund has kicked off series A round of investment in video big data analytics AvidBeam Technologies,...
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2.2KInterviewsTwo Minutes with a VC: Karim Hussein of Egypt’s Algebra Ventures
Two Minutes with a VC is a series of quick interviews with VCs from the Middle East & North Africa. Karim Hussein...
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2.5KEcommerceDubai-based fashion ecommerce platform Namshi planning expansion to Egypt
Dubai-based Emaar Malls-owned fashion ecommerce platform Namshi is planning expansion to Egypt, Namshi’s CEO Hosam Arab has told Wamda, in an interview published...
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10.9KNewsCareem founders, executives and investors could make a fortune if deal with Uber gets through
After months of silence, we’re now hearing again that Uber is still trying to acquire Careem. What’s different this time, however, is...
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15.0KNewsUber in advanced talks to acquire Careem for $3 billion, could announce the deal in coming few weeks: report
Uber is in advanced talks to acquire Careem, Bloomberg reported today, citing unnamed sources familiar with the matter. The deal according to Bloomberg,...
