Money
Bank ABC Acquires Blom Bank Egypt for $480 Million
The Bahraini bank, Bank ABC, has purchased the Egyptian subsidiary of Lebanon’s Blom Bank for $480 million on Thursday, two...
Latest
Startups
Rain Raises $6 Million in a Series A Funding Round
Bahrain-based Cryptocurrency platform, Rain has raised $6 million in a Series A funding round, led by Middle East Venture Partners (MEVP). The round also...
Startups
Opio Raises $300,000 in a Seed Round from AUC Angels
Opio, Egypt’s leading DTC (Direct to Consumer) everyday women’s wear brand has raised $300,000 investment in a seed round from...
Startups
ADIO Partners With Microsoft and Plug and Play to Accelerate Opportunities for Startups in Abu Dhabi
Two world-class startup enablers are rolling out a series of dynamic programmes in Abu Dhabi to accelerate opportunities for early-stage...
Startups
Access Bridge Ventures Launches with $25 Million Fund
Access Bridge Ventures (ABV), a regionally-focused early-stage venture capital fund, has launched and made its first close. The fund, which will target a final...
Startups
Cwallet Closes a $220K Pre-Seed Round
Qatar-based Fintech startup Cwallet has closed a $220K Pre-Seed funding round from its founders and MBK Holding. Cwallet was founded in June 2019...
Tech
Qatar’s First Self-Driving Delivery Arrives at QF’s Education City
Through a partnership with Talabat, sponsorship of Vodafone Qatar and support from Qatar Foundation Research, Development and Innovation (QF RDI),...
Startups
Ejaro Raises $850,000 in a Seed Funding Round
Peer-to-peer vehicle-sharing platform, Ejaro, has raised $850,000 in seed funding. The investment came from angel investors and BIM Ventures. Mohammed...
Startups
Twitter Acquires Japanese Social Podcasting App Breaker
Social podcasting app Breaker has announced that it has been acquired by Twitter. Consequently, Breaker will be shutting down its...
Startups
SHUAA Capital Invests in Anghami
SHUAA Capital, the Emirati asset management and investment banking platform, announces its investment in Anghami, the leading music streaming service...
