Funding
Dubai Chamber Study Focuses on Investment Opportunities for GCC Countries in Latin America
The Dubai Chamber of Commerce and Industry (DCCI) has conducted a study to explore investment opportunities for GCC countries in Latin America and create a roadmap for bilateral relations between the ...
Eureeca Gets DIFC’s First Equity Crowdfunding Licence
Crowdfunding platform Eureeca has announced it has obtained what is claimed to be the first equity crowdfunding licence awarded by Dubai International Financial Centre. In a statement, the company sai...
Falafel Games Raises $2.6 Milion in Funding
Falafel Games announced the successful closing of a new round of financing of $2.6M, led by Middle East Venture Partners and iSME Holdings. This injection will be used to support Falafel Games’ upcomi...
Holidayme.com Secures $7 Million in Funding
UAE online travel agency Holidayme.com has raised $7 million in Series A funding from Silicon Valley-based Accel Partners, Saudi Arabia-based F&C Overseas Investment, and from Al Sanie Group, acco...
Dubai’s Future Accelerators Program Attracts Global Tech Elite
Dubai officially launched its Future Accelerators program recently, following a $275 million pledge in August to address seven global challenges. The program, whose first 12-week round began on Septem...
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 ...
Wrappup Closes $800K Investment Round
Wrappup, an app that solves time wasting meetings by recording and flagging the important moments, has closed a seed round of $800,000. The round, led by Beco Capital, also includes 500 Startups, Arza...
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...
CH9 Hub in Bahrain to Conduct Seedstars World
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is coming to Bahrain on September 24th, 2016 to host a startup competition at CH9 Hub i...