Startups

Proprietary platform Boxit raises $1.6 million to grow despite the prevailing pandemic

Dubai-based Boxit has successfully closed its second funding round, making them raise $1.6 million in less than 12 months. In...

by WAYA Staff - Dec 3, 2020

Startups

AHOY Raises $2.2 Million in a Seed Round

AHOY, a UAE-based e-commerce logistics startup, has concluded its Seed funding round of $2.2M from GCC based corporate venture capital and family...

by WAYA Staff - Nov 30, 2020

Markets

Gulf wealth funds weigh the purchase of Amoun Pharma, Bausch Health’s Cairo-based drug unit

Two of the biggest Middle Eastern sovereign wealth funds, Saudi Arabia’s Public Investment Fund (PIF) and ADQ, are exploring a...

by WAYA Staff - Nov 29, 2020

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Egyptian Trials Robot That Can Test For COVID-19

An Egyptian has invented a robot that can test people for COVID-19. The robot is currently being trialed in a...

by WAYA Staff - Nov 29, 2020

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How 3 Middle East E-commerce Platforms Are Preparing For White Friday

White/Black Friday, the world’s most popular shopping period, has almost arrived in the Middle East. The region is one of...

by WAYA Staff - Nov 26, 2020

Startups

Eksab Raises $500,000 to Reach Millions of Football Fans

Eksab, the leading Daily Fantasy Sports (DFS) platform in the Middle East and Africa, announced an investment of $500,000 from...

by WAYA Staff - Nov 24, 2020

Startups

Saudi e-commerce enabling platform Salla raises $8.5 million in a Series A funding round led by STV

Salla, MENA’s leading and fastest-growing e-commerce enabling platform, today announced it has closed an $8.5 million (~SAR 32 million) Series...

by WAYA Staff - Nov 24, 2020

Startups

Quiqup Raises $5.5 Million in a Series B Funding Round

Quiqup, the UAE-based on-demand and same-day delivery tech startup, has raised over $5.5 million in its latest Series B funding round....

by WAYA Staff - Nov 24, 2020

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SAWTIK: New Spotify Initiative To Support Female Arab Artists

Spotify has launched SAWTIK, a new initiative to support Arab women in music. It aims to bring more attention to...

by WAYA Staff - Nov 24, 2020

Startups

Yahaal Secures $27 Million in Series A Funding

Yahaal, a Kuwait-based E-commerce platform that specializes in providing a wide range of children and baby products, has announced a $27M...

by WAYA Staff - Nov 23, 2020