Qatar-based VC firm Rasmal Ventures LLC has launched its first home-grown fund to drive innovation and investment in Qatar and the MENA region. Rasmal Innovation Fund I LLC targets high-performance startups and scales up across a variety of innovative technology sectors, including climatetech, fintech, B2B SaaS and AI. For the initial closing, the fund has…

Users of the Egyptian-founded investment platform traded $1.8 billion in 2023 alone. Thndr, an Egypt-based mobile-first investment platform, has announced its entry into the UAE market. Enabled…

An articke by Stan Klyuy, a Chief Commercial Officer at Tumodo, an online business travel platform. In 2024, the digital transformation of business travel has become our reality, with artficial intelligence (AI) leading the charge in travel management programs, making it more straightforward and efficient. This surge in AI adoption is part of a global trend,…

Innovative Media Productions, the powerhouse behind Shark Tank Egypt, will provide valuable industry expertise to TPP. The Potcast Productions (TPP) has closed a pre-seed funding round following…

UAE-based contech Tenderd has closed a $30 million Series A funding round, led by A.P. Moller Holding, along with new investors, including Quadri Ventures and Saurya Prakash, and existing investors, including Wa’ed Ventures, Nakhla Ventures, SOMA Capital, and Liquid 2 Ventures. Founded in 2018 by Arjun Mohan, Tenderd provides customers with AI-generated insights to increase…

The new brokerage will allow Mal Bazaar to further expand its offerings in Egypt, the Middle East and Africa. Egyptian insurtech startup Mal Bazaar has acquired a…

Egypt-based podcast production company “The Potcast Productions Company” (TPP) has closed a pre-Seed funding round with strategic investments from Innovative Media Productions (IMP), the media powerhouse behind Egypt’s Shark Tank Show, and investor Ahmed Tarek Khalil.  Founded in 2020 by Islam Adel, Potcast creates 15 diverse programmes tailored to various target demographics. It claims to…

The latest round of investment will fuel Sahl’s expansion into Saudi Arabia, following a successful launch in the UAE. Cairo-based fintech startup Sahl has raised $6 million…

Qstay’s hospitality and rental property management platform leverages AI to reduce operating costs by up to 50 percent. Dubai-based property tech startup Qstay has secured $4.6 million…

UAE-based event management company Polynome Group has announced a $100 million fund to invest in AI startups. The fund will invest in startups in the fields of technology, AI software applications, and robotics, in line with mutual goals to expand the adoption of AI and digital technologies beginning in the first quarter of 2025. The…