Microsoft invests $1.5 billion in UAE-based AI holding company G42
Microsoft is investing $1.5 billion in G42 (also known as Group42), a UAE-based AI holding company, as part of a strategic deal,...
Dubai’s RemotePass raises $5.5 million Series A to grow its all-in-one platform for remote workers
Dubai-based SaaS and fintech startup RemotePass has raised $5.5 million in a Series A round led by Turkish VC 212, it announced...
Tabby launches a $13 monthly subscription to let customers pay for anything in four installments
Riyadh-headquartered buy-now-pay-later platform Tabby is expanding its offerings with the launch of a monthly subscription service that would allow users to pay...
Amir Farha’s COTU Ventures closes $54 million for debut fund to write early checks for MENA founders
COTU Ventures, a Dubai-based VC firm, founded by Amir Farha, has closed its inaugural fund with $54 million, it announced in a...
Crypto exchange Rain now supports debit and credit card buys in UAE
Rain, one of the leading cryptocurrency exchanges in the Middle East, now allows its users in the United Arab Emirates to buy...
Abu Dhabi’s The Cloud raises $12 million Series B for its cloud kitchen platform
Abu Dhabi-based cloud kitchen startup The Cloud has raised $12 million in an ongoing Series B round, the startup announced last week....
Dubai fintech Kema raises $2 million pre-seed to automate accounts receivable for businesses
Dubai-based fintech Kema has raised $2 million in a pre-seed round led by Berlin-based global early-stage investment firm Speedinvest. The round was...
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...
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...
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...
- 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
