MENA Beehive
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DHL acquires AJEX to enter Saudi logistics market
AJEX Logistics Services, the e-commerce logistics division of DHL Group, and DHL eCommerce have reached an agreement whereby DHL will…
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To revitalize city’s entrepreneurial scene, Al Madinah Angels launched
An important milestone for the expansion of Al Madinah Al Munawarrah’s business was reached with the founding of the Al…
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Flow48 raised $69 M Series A debt, equity funding
The $69 million Series A funding round for Flow48, a leading fintech that is revolutionizing SME lending in emerging markets,…
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Composable Customer Data Platform Journify raised $4 M funding
$4 million has been raised by Journify, a global provider of Composable Customer Data Platform (CCDP) and Conversion API (CAPI).…
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Additional stake in Madfoatcom acquired by Egypt’s Basata
Leading fintech company Basata Holding for Financial Payments S.A.E., which specializes in digital payments, has strengthened its position in Jordan…
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omnispay raised $1.5 M Seed funding from Mercatus Capital
The UAE-based fintech company Omnispay, which is revolutionizing SME payments, announced today that it has raised $1.5 million in a…
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UAE’s Seez to be acquired by Pinewood.AI for $46.2 M
Pinewood Technologies Group PLC (“Pinewood.AI”) has proposed to acquire Seez, a Dubai-based pioneer in AI-powered automotive solutions, for $46.2 million…
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Lola raised $1.3 M Pre-seed funding to accelerate GCC expansion plans
With the help of Vision Ventures and Plus VC, the most active VCs in MENA, as well as other strategic…
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Qatar Research Council led $1.7 M grant received by Lillia
An AI startup called Lillia, which is revolutionizing chronic care for a healthier world, today unveiled its platform, which enables…
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UAE’s The Box raised $12.5 M debt from Shorooq
Leading multifaceted investment firm Shorooq, known for its strategic commitments in the MENA region, is spearheading a $12.5 million financing…
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