Funding

Al Khaliji Focusses on Entrepreneurship at QAD Enrichment Week

As part of its Corporate Social Responsibility, Al Khalij Commercial Bank (Al Khaliji) Q.S.C, Qatar’s next generation bank,took part in Qatar Academy ‘s Enrichment Week. This engagement re...

Dubai’s The Luxury Closet Receives $2.2 Million in VC Funding

Dubai’s The Luxury Closet, an online platform buys and sells pre-owned luxury goods on consignment, has secured $2.2 million of its Series A round that it will use to scale its operations significantl...

Startupbootcamp Istanbul to Offer $250K Funding to Each Selected Startups

Startupbootcamp Istanbul, a part of Europe’s biggest startup accelerator Startupbootcamp, has announced a new program that will award 10 selected early-stage startups from Turkey and surrounding regio...

Gulf Capital Receives “Firm of the Year” Award for Best Private Equity Company in MENA

Gulf Capital, one of the largest and most active alternative investment firms in the Middle East based in Abu Dhabi, was voted the “Firm of the Year” at the Private Equity International annual global ...

Technology Venture Capital Firms Gear Up to Create and Exit Regional Unicorns

BECO Capital, a venture capital firm focused on technology investments in the MENA region and the GCC in particular, said today that over 10 local technology start-ups are expected to exit in the next...

Bahrain to Host Second MENA Angel Investor Summit

Tenmou, Bahrain’s first ‘Business Angels’ organisation is gearing up to host MENA Angel Investors Summit 2015 in May 2015. The event will be held in strategic partnership with the Economic Development...

Bitcoin Users To Approach 5 Million by 2019: Juniper Research

A new report from Juniper Research has found that the number of active Bitcoin users worldwide will reach 4.7 million by the end of 2019, up from just over 1.3 million last year. However, the report, ...

The Abraaj Group Invests in Turkish e-Commerce Business Hepsiburada

The Abraaj Group, a leading investor operating in global growth markets, today announced the acquisition, through one of its Funds, of a minority stake in Hepsiburada.com, a Turkish online retailer. T...

Carmudi Raises $25 Million in Funding

Carmudi, a car classifieds site backed by Rocket Internet with particular focus on emerging markets,