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    MSA Capital plans to launch a billion-dollar fund focused on MENA

    MSA Capital, the Chinese VC firm that has been investing in the Middle East & North Africa for years, and was one...
    Postmoney StaffFeb 12, 2024Feb 13, 2024
    InvestmentsNews

    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...
    Postmoney StaffFeb 1, 2024Feb 1, 2024
    News

    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...
    Postmoney StaffJan 31, 2024
    Interviews

    Interview: Khaled Talhouni on VC in MENA, exits, governance, and Nuwa Capital

    Khaled Talhouni is the Founder and Managing Partner of Nuwa Capital. Previously, he served as a Managing Partner at Wamda Capital, where...
    Postmoney StaffJan 16, 2024Jan 18, 2024
    Insights

    Saudi startups dominate $100 million rounds in 2023

    There were a total of five $100 million rounds in 2023, with three of them being in fintech and two in ecommerce....
    Postmoney StaffJan 12, 2024Jan 12, 2024
    News

    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...
    Postmoney StaffJan 1, 2024Jan 1, 2024
    Advice

    Mudassir Sheikha on attracting top talent to Careem in its early days

    Careem has consistently been known for attracting the best talent in the region. With the resources and brand they’ve developed over the...
    Postmoney StaffDec 30, 2023Jan 1, 2024
    InvestmentsNews

    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...
    Postmoney StaffDec 29, 2023Jan 1, 2024
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    • 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
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