GWC (Q.P.S.C), one of the leading logistics providers in the MENA region, announced the acquisition of a strategic, non-controlling stake in European tech and logistics scale-up Quivo, a move that […]
Investcorp, the global alternative investment firm, has announced the final close of its $750 million Golden Horizon Cooperation Fund, in partnership with China Investment Corporation (CIC), one of the world’s
In a strategic move poised to reshape Saudi Arabia’s e-commerce landscape, The Chefz, the Kingdom’s leading delivery and lifestyle platform, has announced a strategic partnership with Salla, the region’s top
Yango has officially entered into a Memorandum of Understanding (MoU) with Etihad Rail at the Global Rail Transport Infrastructure Exhibition in Abu Dhabi, marking a pivotal step in integrating Yango’s
DoorDash (NASDAQ: DASH), one of the world’s leading local commerce platforms, has officially acquired 100% of UAE-based Deliveroo, a major player in the on-demand food delivery sector, in a strategic
UAE-based venture capital firm Iliad Partners has announced the second closing of its $50 million Iliad Partners Tech Ventures Fund. The latest round welcomes three leading Greek banks – Eurobank,
FlyNow Arabia Ltd. has officially announced securing strategic investments from Den VC, alongside prominent family offices from Saudi Arabia and the wider MENA region, including the Al-Mohaidab and Reslan families.
Moroccan startup DONE has successfully closed a $2.1 million Seed round, marking a pivotal milestone in Morocco’s digital transformation journey. The round, which follows a $600,000 founders’ round, was backed
Tamweel Aloula, a leading provider of financing solutions for individuals and businesses, has announced a strategic partnership with Lean Technologies to enable Account Verification Service (AVS) through open banking infrastructure.
DENVER, USA and SINGAPORE (Sept. 10, 2025) – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that it has secured a $1.6 billion investment
Rasmal Ventures, a leading Qatar-based venture capital fund backed by the Qatar Investment Authority (QIA), has announced its investment in NEXX, a cutting-edge AI-driven logistics technology company headquartered in both
Rihal, a leading Omani technology and data services company, has announced the successful first close of its Series A funding round at $7.5 million, as part of its plan to
Yuppion, one of Turkey’s leading e-export technology firms, has signed a strategic partnership with U.S.-based AI-powered software company Prinella. Under the agreement, California-headquartered Prinella has acquired 80% of Yuppion’s shares
Amazon Ads and Netflix today announced a new partnership that provides advertisers using Amazon DSP with direct access to Netflix’s premium ad inventory. The service will be available in the
Revolut, the global financial super app, has received in-principle approval from the Central Bank of the UAE (CBUAE) for its Stored Value Facilities (SVF) and Retail Payment Services (Category II)
In a bold step toward global expansion, Keeta—the international arm of Chinese delivery giant Meituan—has officially launched operations in the UAE, following rapid rollouts in Saudi Arabia and Qatar in
Sunbolah has successfully concluded the second edition of its business acceleration program, organized in partnership with the Agricultural Development Fund. The initiative brought together vision, innovation, and practical support to
E3.Ventures, the leading investment studio specializing in building and accelerating startups, has announced the signing of a strategic partnership with Groq, the global leader in high-performance AI processors. The partnership
CE-Invests, the strategic investment arm of Crescent Enterprises, announced its participation in the $50 million Series C funding round of Flipspaces, a leading interior design and commercial fit-out company with
Dubai-based fintech startup Metric has announced the successful closing of a new funding round of undisclosed value, aimed at strengthening its AI capabilities and expanding its footprint across regional and
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
Fitting, the innovative tech platform connecting building material suppliers with real estate developers and retailers, founded by Abdulaziz Al-Mubayyid and Mohammed Al-Mubayyid, has announced the successful closing of a $500,000
Dubai, UAE; 04 September 2025: Mastercard has announced a strategic collaboration with Qlub, a leading fintech innovator in the hospitality sector, to advance digital and contactless payments across the GCC.
Basata Holding for Financial Payments S.A.E., Egypt’s leading e-payment services provider, announced plans to invest approximately USD 7 million in 2026 as part of its strategy to strengthen its market
In a strategic push to cement its regional dominance, UAE-based e-commerce giant Noon is weighing a dual IPO on both the Saudi Exchange (Tadawul) and the Abu Dhabi Securities Exchange
The Small and Medium Enterprises General Authority (Monsha’at) has launched the second edition of the “Estrdad” initiative, designed to refund government fees for startups and SMEs with a total value
WheelsOn, the UAE-based digital car rental platform, announced it has raised USD 12.5 million in a new funding round. The round includes USD 2.2M equity from MENA-focused private investors, including
Morocco-based Justyol, a cross-border e-commerce platform, has raised $1M through a mix of equity investment and inventory financing to strengthen its operations and scale across North Africa. The funding structure
PALM, Egypt’s first incentivized goal-based investment platform, has officially launched following the completion of its pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group
CICC Capital, the private equity investment arm of China International Capital Corporation (CICC), has announced a strategic partnership with BlueFive Capital, a global investment platform originating from the Gulf Cooperation
UAE-based fintech Maalexi, a B2B platform specialising in agriculture and food trade, has secured a Shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), a leading
Riyadh, Saudi Arabia — OmniOps, Saudi Arabia’s leading AI infrastructure technology provider, has signed a strategic Memorandum of Understanding (MoU) with Groq, a global innovator in AI semiconductors and inference
Uncovered Fund and Monex Ventures have announced the launch of a $20 million venture capital fund named the Uncovered Monex Africa Investment Partnership, aimed at backing early-stage startups across the
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
Talabat Holding plc, the leading on-demand online ordering and delivery platform in the Middle East and North Africa, has announced robust financial and operational results for Q2 2025, driven by
Egyptian online grocery platform Breadfast has secured a $10 million investment from the European Bank for Reconstruction and Development (EBRD) as part of its Series B2 funding round, led by
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
Salasa, a Saudi Arabia-based e-commerce fulfillment platform, has successfully closed a $30 million Series B funding round, bringing its total raised to $37.2 million. The round was led by Artal
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
Olivery, a Jordan-based logistics technology startup, has successfully closed a Seed funding round with participation from Ibtikar Fund and Flat6Labs Mashreq Seed Fund. The investment aims to support Olivery’s regional
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
ServiceUp, a leader in vehicle repair management, has raised $55 million in a Series B funding round to further its mission of transforming the auto repair industry through technology and
Jahez International, a leading Saudi technology and delivery platform, has announced the signing of a share purchase and subscription agreement to acquire a 76.56% stake in Snoonu, a Qatar-based company
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
Saudi Arabia-based quick delivery company Ninja has officially achieved unicorn status after securing approximately USD 250 million in a funding round led by Riyad Capital, according to individuals familiar with
ManageCash, the fintech startup digitizing businesses’ cash collection and transportation operations, has announced its first investment at a valuation of $1.4 million, with backing from Pars VC. Founded by Mehmet
Cainiao, the logistics arm of Alibaba Group, has launched a new international express network spanning the six Gulf Cooperation Council (GCC) countries—UAE, Oman, Bahrain, Qatar, Kuwait and Saudi Arabia—enabling e-commerce
In a milestone move for MENA’s digital logistics ecosystem, Egypt-based Nowlun has officially closed its seed round at $2.3 million, following an additional $600K investment led by Ingressive Capital. The
ShipBee, a Qatar-based logistics startup redefining digital shipping experiences, has announced the successful closure of its Pre-Seed funding round worth QR855,000 (approx. $235,000). The round was led by GrowthX, with
Kuwaiti quick-commerce startup Circle has successfully raised $6 million in a Series A funding round from a consortium of strategic investors. This funding solidifies Circle’s position in the local market
EMX, the logistics arm of 7X (formerly Emirates Post Group), has announced the launch of its Dark Store network – a cutting-edge solution aimed at enhancing rapid e-Commerce fulfilment and
Pony.ai and Uber have announced a strategic partnership to deploy autonomous Robotaxis by Pony.ai on the Uber platform across key markets in the Middle East, marking a pivotal step toward
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
Foras, a leading investment and innovation firm, has announced the acquisition of a 10% stake in the emerging startup Canater, which specializes in innovative supply chain and logistics solutions for
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
In a landmark technological achievement, Saudi Arabia’s iconic fast-food brand AlBaik, in collaboration with King Abdullah University of Science and Technology (KAUST), successfully executed the first drone meal delivery in
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
