MENA Beehive

Ila Dhond10/05/2024
378

12.5% stake in Rekt Studios acquired by Phoenix Group

A 12.5% share in Rekt Studios, a Web3 gaming and entertainment company, has been purchased by Phoenix Group, a blockchain…
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Ila Dhond09/05/2024
289

Swypex launched following $4 M Seed round led by VC fund Accel

The renowned venture capital firm Accel led a $4 million seed investment round that culminated in the announcement of Swypex’s…
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Ila Dhond09/05/2024
189

Kemtech Valley-BTU studio launched by PTS Holdings, BTU to back Egyptian entrepreneurs

Following the directives of the Egyptian government to encourage and welcome creative ideas from university students, PTS Investments Holdings Inc.…
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Ila Dhond06/05/2024
370

Türkiye digital brokerage company Midas received $6 M investment from IFC

In an effort to boost the competitiveness of Turkey’s brokerage market, empower individuals to safeguard their assets, and expedite digitalization,…
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Ila Dhond04/05/2024
195

By purchasing Drive Arabia, Dubizzle enters the automotive industry

With the purchase of Drive Arabia, Dubizzle Group, the leading online classifieds company in the Middle East, strengthens its position…
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Ila Dhond04/05/2024
380

Abyan Capital raised $18 M Series A funding from STV

STV led SAR68 million ($18 million) Series A round led by RZM Investment and Wa’ed Ventures was closed by Abyan…
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Ila Dhond02/05/2024
398

India’s National Stock Exchange digital division (NSEIT) acquired by Investcorp

In a $120 million deal, Bahrain’s Investcorp, the largest alternative asset manager in the Middle East, will purchase the National…
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Ila Dhond02/05/2024
373

HoReCa services provider Bon Plus Plus raised undisclosed Seed funding

Solutions provider Bon for the hospitality and café industries has announced that it has secured a seed funding round through…
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Ila Dhond27/04/2024
378

E-commerce startup WEE Marketplace raised $10 M Pre-series A funding

An important milestone has been announced by WEE, the innovative marketplace renowned for its quick product delivery throughout the UAE:…
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Ila Dhond25/04/2024
281

GCC-based fulfillment startup Shorages raised $1 M Pre-Series A funding

After a successful launch in Saudi Arabia, Shorages, a fulfillment startup based in the Gulf Cooperation Council, announced that it…
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