Startups
US-based Manganum raises US$500K in 2nd round of seed funding from Mitgo
US-based Manganum announced that it has raised US$500K in the second round of seed funding from Mitgo, an innovation-focused global...
Latest
Money
Saudi Arabia’s First Milling Co plans to raise US$266.4m from IPO
Saudi Arabia’s First Milling Company said that it planned to offer 30 percent of its share capital in an initial...
Money
Dana Gas gets approval to increase foreign ownership in its shares to 100%
UAE-based energy firm Dana Gas has received regulatory approval to increase foreign ownership in its shares up to 100%, according...
Startups
Egypt’s CardoO launches its first IoT-enabled smartwatch
The Egyptian startup CardoO, specialized in Internet of Things (IoT) devices, announced the launch of its first IoT-Enabled Smartwatch after it raised a...
Markets
Two Chinese companies to build US$300m iron complex in SCZone
Egypt’s Suez Canal Economic Zone (SCZone) got an offer from two Chinese companies to build a US$300 million steel complex, according to...
Money
Saudi PIF creates US$3b Saudi-Iraqi investment unit
The Saudi sovereign wealth fund PIF has announced it created a new unit to invest in various industries across Iraq, with a capital...
Environment
France’s ENGIE to invest US$12b in energy, green hydrogen projects in UAE
France’s ENGIE announced that it will invest an amount of US$12 billion in energy, water desalination and green hydrogen projects in the UAE,...
Money
Oman plans to inject US$5b investments in Egypt
The Oman Investment Authority announced its plan to inject US$5 billion in investments in the Egyptian market over the next three years to increase trade exchange and investments...
Markets
AstraZeneca plans $US100m investment in Egyptian market
British pharma giant AstraZeneca announced its investment plan in Egypt to up to US$100 million over the coming years, according to...
Startups
Wellbeing startup Lifemost raised $650,000 to revolutionize the MENA wellness industry
Lifemost, a Dubai-based well-being management platform providing corporate wellness programs, has raised US$650,000 in a pre-seed funding round co-led by...
