All posts tagged "Dubai"
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8.3KEcosystemWamda Capital to launch $100 million fund, expects first close by 2019 Q2
Wamda Capital, one of the leading VCs of the region is set to launch its second fund, firm’s partner Fares Ghandour told...
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3.5KNewsIndian budget hotel startup Oyo is off to a good start in UAE, hosts over 100,000 guests in nine months
Indian budget hotel startup Oyo that recently raised $1 billion in its latest funding round led by SoftBank, is off to a...
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3.5KNewsLondon-based last-mile delivery startup Quiqup raises $6.3 million to expand its presence in Middle East
London-headquartered logistics startup Quiqup has raised $6.3 million (£5 million) in its latest funding round, reported The Telegraph yesterday. Founded in 2014...
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3.2KNewsSouq.com opens a new fulfillment center in Dubai, to create 600 new jobs
Dubai-based ecommerce platform Souq.com has opened a new fulfillment center in Dubai, the Amazon-owned company announced today, adding that it will create...
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5.7KNewsCareem launches its delivery app Careem NOW, to invest $150 million in the new vertical, available initially in Dubai and Jeddah for food deliveries
Careem has announced the launch of its delivery app called Careem NOW today. The app will deliver everything from food to pharmaceuticals,...
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3.2KEcosystemWamda X: Serving founders or regaining relevance?
Wamda, an important actor in the MENA startup ecosystem, has had a relatively quiet year and I suspect the leadership team has...
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3.5KEcosystemUAE’s AstroLabs expands to Saudi, launches a coworking space in Riyadh
AstroLabs, a Dubai-based company that runs and manages two coworking spaces in the city is expanding to Saudi Arabia with the public...
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4.8KEcosystemWamda launches Wamda X, a pre-idea grant-based program to invest in entrepreneurs in MENA
Earlier this year, we had joked about launching Why Not Ventures, a fund to invest in pre-idea ‘startups’ of the region. Published as...
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7.2KInvestmentsDubai-based real estate classifieds website ‘Property Finder’ raises $120 million at a valuation close to $500 million
Dubai-based real estate classifieds website Property Finder has raised $120 million in a round led by General Atlantic, a New York-headquartered global...
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6.0KInvestmentsMajid Al Futtaim acquires UAE-based mobile wallet Beam
Dubai-based Majid Al Futtaim, a regional conglomerate that owns and operates shopping malls, hotels, and many other businesses across Middle East (and...