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4.2KNewsCareem in early talks to raise another $500 million in funding: report
Careem is in early talks to raise another $500 million in funds, Reuters citing three sources reported yesterday. Earlier this year Bloomberg...
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4.3KEcosystemMENAbytes Quarterly: $35 million raised by MENA startups in 2018 Q1, UAE top country
The first quarter of 2018 has seen a decent amount of activity in terms of investments. We’ve tried to put together all...
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2.5KNewsUber sells its Southeast Asia business to competitor Grab
Uber has exited Southeast Asia by selling its business to competitor Grab in exchange of 27.5% stake in the company. Uber’s CEO Dara...
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4.1KInvestmentsDubai-based Magnitt raises ~$1 million for its startup data platform
Dubai-based startup data platform MAGNiTT has raised close to $1 million in seed funding, the startup announced earlier this morning. The round...
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2.9KOpinionsOpinion: Funding should not be used as a scale to measure success (or failure) of a startup
Raising investments for startups is not easy. And it gets even more difficult when you’re doing it in MENA. I have been speaking...
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3.8KEcosystem9 startups to watch at Step Start 2018
Step Conference has undoubtedly become one of the biggest gatherings of startup community and geeks in MENA. The event that started as series of...
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3.9KEcommerceConsumers in Saudi will be able to shop online using their debit cards from next month
Saudi Arabian Monetary Authority has announced that the consumers in Saudi will be able to shop online using their debit cards (also...
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7.4KNewsCareem to expand to Sudan & Algeria in the next few weeks
Careem is set to expand its ride-hailing services to Sudan and Algeria in the next few weeks, a source familiar with the...
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2.0KEventsWharton MENA Conference to focus on finance and technology in a re-emerging MENA
The Wharton Middle East & North Africa Conference is the preeminent student-organized annual gathering of business and thought leaders from MENA in North...
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3.9KNewsEgyptian court orders Careem and Uber to halt operations in the country
Egyptian administrative court has issued a ruling earlier this morning ordering ride-hailing companies Uber and Careem to halt their operations in the...
