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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...
Paymob Lets You Go Cashless in Egypt
Cash and informal transactions are still the norm in this part of the world, and Egypt is no different. According to industry reports, cash transactions account for 40 percent of the Egyptian economy....
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...
How to Hire Interns for Your Startup?
Industries like fashion and finance are infamous for hiring interns. Can startups also benefit from hiring students? The answer is a resounding “yes,” whether you choose to offer internships for a few...
Wrappup Closes $800K Investment Round
Wrappup, an app that solves time wasting meetings by recording and flagging the important moments, has closed a seed round of $800,000. The round, led by Beco Capital, also includes 500 Startups, Arza...
Wamda Capital Invests $2.2M in Istanbul-Based Insider
Wamda Capital announced today a $2.2 million Series A investment in Insider, an Istanbul-based smart digital platform for marketers to personalize, segment and predict customer behaviors. Other invest...