News

Egypt-Based SWVL Raises $8 Million

Egypt based SWVL, the premium app-based mass transit system announced a US$ 8 million Series A led by regional venture fund BECO Capital, alongside Africa-based investor DiGAME Investment and global V...

Women On The Move

Cairo based Startups Without Borders an organisation that believes in connecting migrant and refugee entrepreneurs with opportunities and resources to build their businesses, And, just few weeks back ...

Winners for Arab Startup Competition Announced

Winners of the 11th edition of the Arab Startup Competition were announced last week at the Oman Convention and Exhibition Centre, Hall 2, Muscat, Sultanate of Oman in presence of more than 400 invest...

IATA Innovation Competition Aimed at Startups

The International Air Transport Association (IATA) has launched the Global Airport and Passenger Symposium (GAPS) Startup Innovation Awards – a competition to recognize pioneering ideas in the area of...

Fully Integrated Online Freight Service Launched

Leading global logistics provider, Agility today launched the first fully integrated online freight service, Shipa Freight that allows users to get rate quotes and book, pay and track ocean and air sh...

Fintech startup Zoto witnesses massive growth

Nigeria based startup, Zoto today announced that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year and it is set to replicate an even higher growt...

AI startup SenseTime raises $600m

China based AI startup, SenseTime today announced that it has successfully raised US$600 million in its Series C round of funding by an investment group lead by Alibaba Group other participants such a...

Pawame got powered up by $2 million

Off-grid solar start-up, Pawame (pronounced “power me”) got charged up by $2 million as the company was able to raise funds from Gulf-based investors to expand its operations in Kenya and other Africa...

JYSK to Open its First Flagship Store in the UAE

Danish retail chain JYSK, pronounced ‘yusk’, will bring its unique brand of cutting-edge Scandinavian-designed home furnishings to the UAE with the opening of a flagship store in Dubai.

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