News
Alaan raises $48 million in Series A round
Alaan, the Middle East’s leading spend management platform for businesses, has raised $48 million in a Series A funding round led by Peak XV Partners with significant participation from the founders o...
Tarabut secures in-principle approval from CBUAE
Tarabut has received in-principle approval from the Central Bank of the United Arab Emirates (CBUAE) following the introduction of the UAE’s Open Finance regulation. This milestone positions Tar...
TikTok reinforces commitment to safety across MENA
TikTok has published its Q1 2025 Community Guidelines Enforcement Report, shedding light on its continued efforts to maintain a safe, respectful, and inclusive environment for users across the MENA re...
Salasa closes $30 million Series B funding round
Salasa, Saudi Arabia’s leading e-commerce fulfillment platform, announced today that it has closed a $30 million Series B funding round to accelerate its evolution into a technology-first logistics co...
Suplyd secures $2 million in pre-Series A funding round
Suplyd, the Cairo-based digital procurement platform for restaurants, announced the successful raise of $2 million in a pre-Series A funding round. The investment was led by 4DX Ventures, Camel Ventur...
PwC urges investment in entrepreneurial skills
PwC Middle East has released a new report titled “Why entrepreneurial capabilities are key to empowering MENA’s youth”, spotlighting the urgent need to equip MENA’s youth with the skills, behavi...
Sanabil launches of Sanabil Founder University by LAUNCH
Sanabil Investments announced the launch of Sanabil Founder University by LAUNCH, a new talent program based in Riyadh, designed to support promising global founders in the earliest stages of building...
Endeavor Jordan appoints Tamer Al-Salah as new MD
Endeavor Jordan announced the appointment of Tamer Al-Salah as the new Managing Director. Tamer brings with him over a decade of experience in entrepreneurship development, investment ecosystem buildi...
Lumana raises $40 million in Series A funding
Lumana, the leader in AI video security solutions, announced that it closed $40 million in Series A funding led by Wing Venture Capital with support from existing investors Norwest and S Capital. This...