The Ministry of Investment has announced the launch of “Startup Saudi,” a comprehensive national initiative designed to support the establishment and expansion of entrepreneurial ventures across the Kingdom. This strategic […]
ORA Technologies, Morocco’s rising super-app startup, has announced the acquisition of Casablanca-based last-mile delivery platform Cathedis for an undisclosed amount, in a move that underscores its ambition to become a
Riyadh, Saudi Arabia – Saudi Arabia granted 34 licenses for regional headquarters in Q2 2025, reflecting the Kingdom’s ongoing efforts to position itself as a leading business hub in the
The region has witnessed a wave of funding activity. Gathern.co (🇸🇦 KSA), the Kingdom’s largest P2P rental marketplace offering 35,000+ accommodations across 280 cities, announced the closing of a $72M
Saudi Arabia’s Jahez International Company for Information System Technology (Jahez) has secured a 150 million riyals ($40 million) Sharia-compliant credit facility from the National Bank of Bahrain. The facility, structured
Turkish e-commerce giant Hepsiburada has officially announced that Hepsipay, its fintech subsidiary, has terminated its B2B operations. The “Pay with Hepsipay” service will no longer be available to businesses and
Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the wider MENA region, has announced a strategic partnership with Tamara, the region’s foremost provider of Buy
Boxy, Iraq’s first AI-powered logistics aggregator, has successfully closed a $1.5 million pre-seed round led by EQIQ, a venture capital firm focused on market-gap-driven digital ventures. This investment will accelerate
Suplyd, a Cairo-based startup transforming restaurant logistics, has secured $2 million in a pre-Series A funding round. The investment will drive the expansion of its digital procurement platform and help
Wuilt, the ecommerce enablement platform headquartered in Cairo, has announced the successful closing of a $2 million funding round, led by follow-on investments from Flat6Labs and MTF VC. The round
Sweden-based VNV Global has revealed that Egyptian grocery delivery startup Breadfast is now valued at $382.3 million, nearly doubling the value of its 7.9% stake—from $16.9 million in 2021 to
ORA Technologies, a Moroccan e-commerce company, has raised $7.5 million in a Series A funding round, fully backed by a group of local investors led by Azur Innovation Fund. The
Zid, Saudi Arabia’s leading eCommerce platform for easy and fast online store creation, has announced a strategic partnership with Jahez, one of the Kingdom’s largest and most recognized online food
Amazon UAE has entered into a strategic partnership with 7X, the UAE-based logistics holding group and parent company of EMX and Emirates Post. The collaboration is designed to transform last-mile
Beekod, a modular e-commerce super app developed in Turkey, has secured an investment from H2O Investment at a valuation of $2 million. The round marks a significant milestone for the
Riyadh – In an interview with Al Arabiya, Mohammed Alzubi, Founder and Managing Partner at Nama Ventures, announced that the fund has received a license from the Saudi Capital Market
Move the Needle Consultancy (MTNC), a consultancy firm specializing in e-commerce, has announced its investment in Best Kept Shared (BKS) — the UAE’s first platform dedicated to the rental and
Udaan, India’s leading B2B e-commerce platform, has announced that it has raised $114 million in fresh equity funding as part of its Series G round led by M&G Investments and
Toolmart, the Iraq-based B2B e-commerce startup, has secured a seed funding round led by Plus Venture Capital and Oasis500, with participation from regional angel investors.The investment will fuel Toolmart’s expansion
The Communications, Space & Technology Commission (CST) has released the Saudi Internet Report 2024, highlighting key insights on internet penetration, user behavior, app preferences, and digital infrastructure development across the
Sylndr, the Egypt-based mobility startup, has raised $15.7 million in a Series A funding round, cementing its position as a leading vertically integrated platform in Egypt’s used car market. The
Trendyol, one of the world’s fastest-growing e-commerce marketplaces, has announced a strategic partnership with Zid, Saudi Arabia’s leading e-commerce enablement platform, to accelerate the growth of SMEs in Saudi Arabia
Stockholm, May 6, 2025 – Priceagent, the platform revolutionizing pricing strategy, has raised $550,000 in seed funding backed by its founders, consulting experts, and prominent angel investors, including former Cint
Uber has announced its acquisition of an 85% stake in Turkish food delivery platform Trendyol GO for approximately $700 million in cash, according to a securities filing. The deal is
Indian beauty tech startup Kult, a personalized skincare and product discovery platform, has announced the successful closure of a USD 20 million Series A funding round (approx. INR 170 crore).
Baghdad, Iraq – April 28, 2025 – iQ Cars, Iraq’s leading online car marketplace, has announced the successful closure of a 7-figure seed funding round, led by Euphrates Ventures. This
DoorDash, the largest food delivery app in the US, has initiated formal talks to acquire Deliveroo, one of Europe’s leading delivery platforms, in a deal valued at approximately £2.7 billion
SIDEUP has announced a new partnership with Kushk in the Sultanate of Oman, aiming to improve the shipping and delivery experience for Kushk’s customers both locally and internationally. Through this
Omakase.ai has been crowned #1 Product of the Day on Product Hunt on April 18th, 2025. The Omakase.ai Voice service turns e‑commerce websites into voice‑powered sales agents that talk, listen,
Dubai, UAE Dubai-based startup accelerator Ignyte has entered a strategic partnership with global payments leader PayPal to enhance financial infrastructure for emerging businesses across the UAE and Middle East. The collaboration
StartUp Bahrain, supported by the Labor Fund (Tamkeen) in the Kingdom of Bahrain, has announced a strategic partnership with ordable, a business management solutions provider, aimed at enhancing operational efficiency and
Muscat, Oman – March 20, 2025 – Amwal Pay, a leading provider of digital payment solutions, has announced the expansion of its services in Oman with the introduction of an
Jahez International Company for Information Systems Technology has announced its consolidated annual financial results for the year ending December 31, 2024, with net profit increasing by 50% year-on-year to reach
Aya, a Saudi-based e-commerce startup specializing in fashion, has successfully closed a Seed funding round worth 6 million SAR (approximately $1.6 million). The round was led by Khwarizmi Ventures, with
ORA Technologies, a Moroccan-based startup, has successfully closed a $1.9 million Pre-Series A funding round led by Witamax and Azur Innovation Management. This brings the company’s total local funding to
Klarna, one of the leading “buy now, pay later” (BNPL) and digital payments companies, is planning an initial public offering (IPO) on the New York Stock Exchange, aiming to raise
talabat, the leading online food delivery and shopping platform, has announced the completion of its acquisition of InstaShop for $32 million. The deal includes 100% of InstaShop’s shares, previously owned
PayTabs Global, a leading payment solutions provider in the Middle East and North Africa, has announced the acquisition of a majority stake in PayTabs Egypt. This move aligns with the
SC Ventures, the innovation and investment arm of Standard Chartered Bank, has signed a memorandum of understanding (MoU) with Visa to develop innovative solutions supporting small and medium enterprises (SMEs)
Nana, a leading delivery and dark store platform, is preparing for a public listing in the near future, signaling its strong growth in the tech and logistics sector. The company
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