Startups
Holidayme.com Secures $7 Million in Funding
UAE online travel agency Holidayme.com has raised $7 million in Series A funding from Silicon Valley-based Accel Partners, Saudi Arabia-based F&C Overseas Investment, and from Al Sanie Group, acco...
Etisalat to Empower Startups and SMBs
Etisalat has announced SME Beyond Borders 2016 – a unique platform created just for the Small and Medium Business (SMB) community to foster awareness on disruptive business models from around the worl...
Gulf Investors Explore Untapped Opportunities in Africa at ALN 2016
Africa’s strong economic fundamentals and investment opportunities sparked interest from Gulf investors during the third ALN Annual International Conference held on 5 and 6 October 2016 in Dubai. Und...
Dubai’s Future Accelerators Program Attracts Global Tech Elite
Dubai officially launched its Future Accelerators program recently, following a $275 million pledge in August to address seven global challenges. The program, whose first 12-week round began on Septem...
Seven Refugee Aid Ideas Get $150K Award from MIT
Seven startups and NGOs were awarded $150,000 in total at the MIT Enterprise Forum Pan Arab Innovate for Refugees award ceremony which took place in Amman on Tuesday. The Innovate for Refugees (IFR) c...
Compareit4me Secures $2.4M in Funding
The financial comparison site Compareit4me.com has announced that it has closed a funding round of $2.4 million. The company said that they will be using the money to grow the business across the UAE ...
The Luxury Closet Closes Series B Round of $7.8M
The Luxury Closet has announced that it has closed a Series B round of $7.8 million. According to various reports, the investment is being touted to be one of the highest in MENA this year. The round ...
El Grocer Snaps Up QuickShop.ae
As part of its continuous efforts to enhance its services to users, el Grocer has decided to acquire QUICKSHOP.ae and merge it into their rapidly growing platform. QUICKSHOP.ae is an instant live orde...
Movesouq Closes $3M Round
Home services marketplace Movesouq has closed a funding round of $3 million. The round was led by Addventure, an international VC out of Russia that focuses primarily on service marketplaces. In a sta...