News
MARAKEZ to launch RiseUp Retail from District Five in May 2023
MARAKEZ – the leading award-winning mixed-use real estate developer, and the platinum sponsor of the 10th edition of the RiseUp Summit, has announced the launch of the first vertical event for (...
FUELARTS releases Art+Tech & NFT Startups Report 2023
Fuelarts announced the release of its Art+Tech & NFT Startups Report 2023. The new report focuses on the cumulative investments in Art+Tech & NFT startups in the year 2022. It gives the market...
Salesforce Ventures launches new $250 million generative AI fund
Salesforce Ventures, the company’s global investment arm, has launched a new $250 million generative AI fund to bolster the startup ecosystem and spark the development of responsible generative ...
Submissions open for Orange Social Venture Prize in Africa and the Middle East
The 13th Orange Social Venture Prize in Africa and the Middle East is open for submissions and candidates from the 17 countries within the Orange footprint have until May 21, 2023, to submit their pro...
Saudi NFT marketplace startup, Nuqtah raises seed funding
Nuqtah, Saudi Arabia’s first NFT marketplace platform, announced today that it has raised a seed round of funding led by Animoca Brands with participation from Polygon and regional investors. The new ...
almentor secures a $10mn investment round led by e& capital
almentor, the leading online video learning platform in Arabic, has raised $10mn in growth capital in a pre-series C round led by e& capital, the tech investment arm of e&. The proceeds will b...
Tamara secure $150 million in debt financing from Goldman Sachs
Tamara, the leading shopping and payments platform in Saudi Arabia and the wider GCC region has closed a receivables warehouse facility of up to $150 million from Goldman Sachs. The latest round bring...
Flat6Labs launches $95 million Seed Fund to back African early-stage startups
Flat6Labs, has announced the launch of a new $95 million Seed Fund to nurture the growth and development of early-stage tech startups on the African continent. Flat6Labs has a proven track record in c...
PwC reports exceptional M&A activities in the Middle East
PwC Middle East released its 2023 TransAct Middle East report titled, “Gulf exceptionalism creates M&A opportunities despite global headwinds,” which offers insights on the Merger & Acqu...