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Egypt’s M&A activity declines in 2023

According to the latest report by global law firm Baker McKenzie, based on LSEG data for globally announced M&A transactions, Egypt’s M&A in t...

nybl and Basserah to merge together

Saudi technological leaders nybl, the science-based artificial intelligence (AI) pioneer, and Basserah, a specialist in the data and robotic-process a...

Partech Africa II fund closes at $300M plus

Partech, the global technology investment firm, announces the final closing of its second Africa fund, Partech Africa II, at a hard cap of €280M ($300...

Step Conference kicks off with a new partner hosting model

The 12th edition of the Step Conference started on a positive note, and the Dubai-born brand will be “going global” through a leading partner hosting ...

ENGIE launches venture studio to boost climate tech startups

ENGIE Factory, the venture-building arm of ENGIE Group, announced the launch of a venture studio to boost climate tech startups across the Middle East...

in5 startups experience 25% funding growth in 2023

Today, TECOM Group revealed that its incubator in5 has reported remarkable growth in 2023, with funding raised by startups since its inception increas...

PIESHIP raises undisclosed funding in the pre-seed investment round

Saudi-based company PIESHIP has closed an undisclosed pre-seed investment round by SEEDRA Ventures, Nama Ventures, and angel investors.

7 startups from Middle East shortlisted for the Underdog Tech Award

inDrive announces seven startups from the Middle East region have been shortlisted for the Underdog Tech Award after launching the 1st edition last Se...

Winners of NVIDIA Studio Nights 2 announced

NVIDIA, in partnership with Microsoft, announced the winners of the second edition of its creative design competition, NVIDIA Studio Nights. The regio...

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