united arab emirates

Dubai-based Stake raises $8 million to let people across the globe invest in local properties

Dubai-based startup Stake is offering retail investors from across the globe the opportunity to buy fractions of rental property in UAE’s marquee city and earn regular income. The startup, founded i

UAE aims to convert oil wealth into tech prowess

H.E. Al Olama recently spoke about the burgeoning Emerati startup and venture capital ecosystem, and the country’s approaches to attracting U.S. VC investment.

Crop One, Emirate open ‘world’s largest vertical farm’ in Dubai

Passengers on Emirates and other airlines will be able to eat the leafy greens, which include lettuces, arugula, mixed salad greens and spinach on their flights starting this month.

United Arab Emirates launches $820M fund to boost domestic space economy

The United Arab Emirates will pour more than $800 million into space initiatives through a massive new fund, with the first investment going toward the establishment of a remote sensing satellite cons

This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re

Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round

Founders Fund has made its first investment in the Middle East by backing UAE-based proptech startup Huspy. The $37 million Series A round, one of the largest at this stage in MENA, was led by Sequoia

Can Mirai Flights make it easier to book a private jet? Its new investors think so

If there’s one thing we found out during the pandemic, it is that private jets were one way for the rich and famous to avoid traveling with the potentially infectious plebeian classes. This is perha

UK fintech startup Leatherback raises $10M for its cross-border payments led by ZedCrest

Immigrants, international students, and the migrant population in general all require international payments, or foreign exchange. Revolut and Wise are among those platforms to have taken advantage of

Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round

Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale’s, has completed a

MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast

Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling

Sunday competitor Qlub emerges with $17M seed round from Cherry and Point Nine

Our behavior at restaurants and venues has changed massively in the last two years because of the pandemic, but many of us have realized the huge advantages of being able to order via phones from the

African tech took center stage in 2021

Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated

India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth

With supply chains in the automotive industry continuing to be disrupted due to COVID-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot of growth as a

VentureFriends raises $112M fund aimed at Southern Europe, Middle East and LatAm

Southern Europe has sometimes been seen as a little bit of a backwater in terms of venture capital funding. However, that has gradually started to change in recent years. Earlier this year Marathon Ve

EFF sues spyware maker DarkMatter for illegally hacking Saudi activist

The Electronic Frontier Foundation (EFF) has filed a lawsuit against spyware maker DarkMatter, along with three former members of U.S. intelligence or military agencies, for allegedly hacking the iPh

Opontia gets $42M to buy more e-commerce brands in Eastern Europe, Middle East and Africa

E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr

Apple files lawsuit against NSO Group over Pegasus spyware

Apple has launched a lawsuit against NSO Group, the maker of the nation-state spyware Pegasus, seeking a permanent injunction to prevent the spyware maker from using any Apple product or service. In a

Abwaab raises $20M Series A led by BECO Capital to expand across MENA and Pakistan

Jordan-based online learning platform Abwaab has raised $20 million in a Series A funding round (following a $5 million seed round in March of this year), making it one of the most funded edtech start

Nigeria’s Helium Health acquires Qatar’s Meddy in rare Africa-GCC deal

AudioMob, which serves audio ads inside mobile games, raises a $14M Series A

AudioMob is a startup that provides “non-intrusive” audio ads within mobile games. It turns out that gamers don’t seem to mind little ads like this popping up, and somehow AudioMob seems
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