Business
Souq.com Announces “Fulfilled by Souq” Program
Souq.com, one of the Middle East’s leading online retail and marketplace platforms has launched the “Fulfilled by Souq” (FBS) program. Built on the foundation of an advanced fulfilment net...
Seven Refugee Aid Ideas Get $150K Award from MIT
Seven startups and NGOs were awarded $150,000 in total at the MIT Enterprise Forum Pan Arab Innovate for Refugees award ceremony which took place in Amman on Tuesday. The Innovate for Refugees (IFR) c...
Compareit4me Secures $2.4M in Funding
The financial comparison site Compareit4me.com has announced that it has closed a funding round of $2.4 million. The company said that they will be using the money to grow the business across the UAE ...
The Luxury Closet Closes Series B Round of $7.8M
The Luxury Closet has announced that it has closed a Series B round of $7.8 million. According to various reports, the investment is being touted to be one of the highest in MENA this year. The round ...
El Grocer Snaps Up QuickShop.ae
As part of its continuous efforts to enhance its services to users, el Grocer has decided to acquire QUICKSHOP.ae and merge it into their rapidly growing platform. QUICKSHOP.ae is an instant live orde...
Paymob Lets You Go Cashless in Egypt
Cash and informal transactions are still the norm in this part of the world, and Egypt is no different. According to industry reports, cash transactions account for 40 percent of the Egyptian economy....
Wahidoon Takes First Place at Conclusion of Start Up Weekend Taif
King Abdulaziz City for Science and technology (KACST) concluded last month, the first Start Up Weekend Taif, which was part of the 10th Annual Souq Okaz that is organized every summer in the city of ...
Ousta Secures Its First Round of Funding
Ousta is an Egyptian ride hailing mobile application, and since its inception, 5 months ago, Ousta has been leading ride expansion in Egypt. The company has been able to maintain its exponential growt...
Alt City and Techstars to Bring the First LAUNCH Summit to Lebanon
AltCity has joined forces with Berytech, Torch Academy, UNICEF, Smart ESA (and ESA), Al Mawarid Bank and a host of more than 40 regional tech influencers to introduce LAUNCH Summit, an earlystage sta...