Saudi Arabia is poised to become one of the largest global construction hubs, owing to its trillion-dollar infrastructure and the real estate projects that are underway in the country. Yet even as the
As remote work becomes increasingly prevalent, organizations globally are adapting, especially regarding onboarding procedures for new employees and navigating cross-border payment complexities. This
Dubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support startups in the Middle East from pre-seed to seed stages. With
Honor of Kings, Tencent’s massively popular mobile game, has its eye set on the international market in 2024. Starting on February 21, the multiplayer online battle arena (MOBA) game will be ava
DXwand, a Cairo- and Dubai-based startup that leverages conversational AI to help businesses in the Middle East automate customer service and employee assistance, has raised $4 million in Series A fun
The global re-commerce market is poised for growth as consumers increasingly settle for pre-owned goods to save on cost, and as some observe conscious consumption. With the global re-commerce market e
Supply chain and e-commerce enablement startup Omniful has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group
The global energy spare parts market is valued at over $90 billion, with the Middle East representing about 35% of this sector. This sector remains largely untapped by existing additive manufacturing
Flat6Labs is amongst the most active VCs in Africa, having invested in more than 100 startups to date across the Middle East and North Africa (MENA) region. And now, after 11 years, the Egypt-based se
A few years ago, Richard Schrems was working as a human resources consultant in Riyadh, and at one point sought to implement a tech solution for his clients to help them better their huge teams, but h
Crypto markets grew the most in the Middle East and North Africa in 2022 due to economic incentives and regulation.
Convertedin, an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Other particip
Vezeeta, a healthtech startup operating in the Middle East and Africa, reportedly laid off about 10% of its staff last week. The number of affected employees isn’t known; however, multiple sources
Qureos, a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to
Lahore-based coworking space startup Colabs is set to roll out a SaaS product to enable businesses to meet back-office needs including company registration, talent sourcing and management, payroll pro
Volopay, a Singapore-based fintech startup, raised a $29 million Series A in debt and equity financing as it seeks to further expand its footprint in Asia-Pacific, the Middle East and North Africa.
Minly, a MENA-based media and entertainment startup, announced today that it has acquired Oulo, a Dubai-based celebrity shoutout platform, for an undisclosed fee. The acquisition is coming six months
Medal.tv, a short-form video clipping service and social network for gamers, is entering the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which had raised aroun
The Cameo app, where celebrities send video messages to paying fans, has taken off globally. But now the concept is set to come to the Middle East and South Asia. Tech startup YELA has secured $2 mill
These past few years have seen the emergence of buy now, pay later services worldwide, with leading players raising buttloads of cash to serve an insatiable young adult population who don’t fanc
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