Funding

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,

Bitcoin Tumbles Below the $200-Level as Sell-Off Intensifies

Bitcoin prices plunged below the $200-level on Wednesday to hit the lowest level in more than a year as investors exited the market amid bearish chart signals. 

Venture Catalyst Grants Security Startups Crime-Fighting Funds

Two startups that help protect the public have won funding from a venture program to take their ideas to market.

Amanat’s AED 1.375 Billion IPO 10 Times Oversubscribed

Amanat Holdings (“Amanat”), a public joint stock company under formation, announced today that its AED 1.375 billion Initial Public Offering (IPO) was nearly 10 times oversubscribed,

Well-Funded SMEs Support Sustainable and Wide-Spread Growth of the Economy

The global necessity for Small and Medium-Sized Enterprises (SMEs) to have access to funding was today covered at the 10th World Islamic Economic Forum (WIEF)

Secret App Brings in $25 Million in Round 2 Funding

Secret, the anonymous social posting app startup, has managed to bring in a funding of $36.3 million total from multiple interested parties.