Saudi’s Ejaro raises $3.3 million Pre-Series A for its peer-to-peer car rental marketplace
Jeddah-headquartered peer-to-peer car rental marketplace Ejaro has raised $3.3 million from the leading local insurance company Tawuniya and angel investor in a...
Middle East Venture Partners sunsets its first-ever fund with a 2.5x cash-on-cash return
Middle East Venture Partners, one of the leading VC firms of the region, has sunset its first fund, Middle East Venture Fund...
Swvl reports first profit since its public markets debut, revenue down 49 percent
Swvl has reported its first profit since its debut on NASDAQ in early 2022. The Dubai-headquartered mobility firm announced a net profit...
Saudi’s Tameed raises $15 million Series A for its purchase order financing marketplace
Saudi fintech Tameed has raised $15 million in a Series A round led by Alromaih Investments, the investment arm of a local...
- Microsoft invests $1.5 billion in UAE-based AI holding company G42
- Saudi’s Penny Software raises fresh funds to grow its procurement SaaS platform
- STC Bank launches private beta following approval from Saudi Central Bank
- Saudi’s Kitchenara raises $380,000 to build a TikTok for food delivery
- Bahrain’s Ahlan raises $3 million for its food delivery and customer loyalty platform
