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3.5KInvestmentsLebanese teeth-straightening D2C startup Basma raises $1.2 million seed
Beirut-based direct-to-consumer (D2C) dental startup Basma has raised $1.2 million in a seed round led by Lebanese VCs; B&Y Ventures Partners and...
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2.8KInvestmentsSaudi’s Saee raises $2.4 million Series A for its last-mile delivery platform
Jeddah-based last-mile delivery startup Saee has raised $2.4 million in a Series round from Business Incubators & Accelerators Company (BIAC), Tasheel Holding,...
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8.7KNewsEgypt’s Halan has reportedly raised ~$15 million in an ongoing round
Cairo-based transportation startup Halan has reportedly raised ~$15 million in what’s apparently an ongoing round. Mounir Nakhla, the co-founder and CEO of...
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9.8KNewsUpdate: Careem lays off over 150 employees amid cost cuts
Update – Jan 26, 2019 – 9:30 AM GMT: The story was updated with more details after we spoke with multiple sources...
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7.2KNewsSaudi’s Public Investment Fund (PIF) will not invest in SoftBank Vision Fund 2 (for now): report
Public Investment Fund, the Saudi sovereign wealth fund that was one of the biggest backers of SoftBank’s Vision Fund 1, has suspended...
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5.3KNewsAfter Oman, Careem exits Turkey too
Dubai-headquartered Careem that has been recently acquired by Uber today has announced that it is exiting Turkey. The announcement comes just two...
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4.5KEcosystemAbu Dhabi Investment Office invests $16.3 million in five startups and a VC fund
Abu Dhabi Investment Office, ADIO, has invested $16.34 million (AED 60 million) in five startups and a venture capital fund, it announced...
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6.6KNewsDelivery Hero’s Talabat absorbs Carriage’s operations across the region
Delivery Hero is making some big changes in the GCC. The Berlin-headquartered group that operates different companies and brands has decided to...
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6.5KNewsExclusive: Otlob’s Managing Director Walid El Saadany leaves the company
Walid El Saadany, the Managing Director of Egypt’s leading food delivery company Otlob (that is owned by Delivery Hero) has left the...
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5.6KInvestmentsDubai’s Sarwa raises $8.4 million Series A to make investing easy
Dubai-based investment advisory platform Sarwa has raised $8.4 million in a Series A round, it announced today in a statement to MENAbytes....
