News

The first dedicated e-commerce free zone in the MEASA region begins its commercial operations

The first and leading dedicated e-commerce free zone in the Middle East, Africa and South Asia (MEASA) region has begun commercial operations signalling an exciting new chapter for global e-commerce a...

upGrad acquires KnowledgeHut

Aligned with its ambitious international expansion plans, global edtech leader upGrad has announced it has acquired KnowledgeHut, the leading international edtech company with operations in the GCC.

Logitech launches new earbuds for business

Today, Logitech announced the launch of its Zone True Wireless and Zone Wired Earbuds, the first targeted to be certified by all three major cloud video conferencing platforms—Google Meet, Microsoft T...

Nuwa Capital invests in baraka

Nuwa Capital has invested in baraka, a Dubai-based fintech startup on a mission to educate, enable and empower retail investors in the Middle East. The $4M seed round also includes Global Founders Cap...

FENIX acquires PALM

FENIX has acquired PALM, a homegrown leading micro-mobility company in Turkey, for USD 5 million in cash and equity. Turkey becomes the 5th operational country and Istanbul the 13th operational city f...

ITIDA, USAID, and AmCham advance the thriving startup ecosystem in Egypt

The Information Technology Industry Development Agency (ITIDA) has participated in the “Towards Creating an Enabling Environment for Venture Capital and Start-ups in Egypt” symposium, jointly arranged...

Cloudastructure raises $29.6 million in crowd-sourced commitments

Cloudastructure, which provides cloud-controlled video surveillance systems to enterprises, announced that it has secured more than $29.6 million in crowd-sourced commitments from more than 10,000 inv...

Swvl to list on NASDAQ

Swvl and Queen’s Gambit Growth Capital (“Queen’s Gambit”) today announced that they have entered into a definitive agreement for a business combination that would result in Swvl becoming a publicly li...

Stor’ eCommerce solution platform launches in the UAE

Stor’ is set to be the go-to platform both for digital users embarking on their e-commerce journeys, in parallel to already-operating digital businesses looking to scale. With the digital age at...

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