MENA Beehive

Ila Dhond11/03/2024
313

Saudi Arabia invests $120 M to support esports and gaming industries

The National Development Fund (NDF) and the Social Development Bank (SDB) announced the signing of two agreements to establish two…
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Ila Dhond11/03/2024
261

Buildnow secured $9.4 M Seed funding from Raed Ventures, Khwarizmi Ventures

MENA’s first “Build Now, Pay Later” solution, Buildnow, has raised $9.4 million in seed money. Raed Ventures and Khwarizmi Ventures…
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Ila Dhond11/03/2024
221

RemotePass secured $5.5 M Series A funding from 212 VC

Organizations throughout the world are adjusting as remote work grows more common, particularly in terms of new hire onboarding processes…
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Ila Dhond06/03/2024
174

Third DMZ Cairo incubation programme invites applications from Egyptian startups

The DMZ Cairo incubation program, which accelerates growth through a combination of mentorship, resources, and networking opportunities, is inviting Egyptian…
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Ila Dhond05/03/2024
308

SaaS e-commerce enablement platform Salla raised $130 M Pre-IPO investment from Investcorp

A pre-IPO investment round of $130 million has been led by Investcorp, a prominent global alternative investment firm, in Salla,…
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Ila Dhond05/03/2024
198

$26.6 M fund launched by Extend Group, Rassanah Financial to support Saudi SMEs

Together, the Saudi Arabian businesses Extend Group and Rassanah Financial have established the $26.6 million Extend Fund (SAR100 million) to…
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Ila Dhond05/03/2024
232

PayMe and Fawry Dahab collaborate to make transactions easier for Egyptian expatriates

The signing of an agreement with PayMe Digital for payment services aimed at expats worldwide has been announced by Fawry,…
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Ila Dhond05/03/2024
252

Undisclosed funding secured by AI system CAI Concierge AI

A cutting-edge artificial intelligence system called CAI Concierge AI has announced its arrival into the Dubai market. This system is…
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Ila Dhond05/03/2024
259

Egypt’s Khazna expands into Saudi Arabia

In collaboration with Khwarizmi Ventures (KV), a Saudi venture capital fund that supports early-stage startups in the MENAP region with…
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Ila Dhond05/03/2024
183

To help local and regional entrepreneurs, QIA to invest $1 B

The first venture capital (VC) fund of funds in Qatar is about to be introduced by the Qatar Investment Authority…
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