An article by Anna Skigin, co-founder of Frank Porter The impact of artificial intelligence (AI) extends across all industries as it has revolutionised traditional business practices. AI has seamlessly integrated into…

Egypt’s Raya FutureTECH, the innovation arm of Raya Holding, has concluded its first accelerator programme in collaboration with GIZ. The Demo Day that was held in Cairo witnessed the graduation…

UAE-based mobility company Hala has announced plans to enter into the Egyptian market with local partner MwaslaTech. Hala, founded in 2019 through a joint venture between Careem and the Roads…

Qatar-based startup community “Startup Grind Qatar” has partnered with UK’s Builder.ai, the AI-powered composable software platform that digitally empowers businesses and entrepreneurs digitally.  Through this collaboration, Qatar-based startups will gain…

UAE-based Maalexi agriculture-focused fintech Maalexi has raised a $1 million venture debt from Stride Ventures. Founded in 2021 by Azam Pasha and Rohit Majhi, Maalexi helps small food and agri-businesses directly…

Jordan’s investment fund, the Innovative Startups and SMEs Fund (ISSF), has invested $5 million in Global Ventures’ Fund III.  Founded in 2018 by Noor Sweid, Global Ventures is a Series-A…

Investment activity in MENA’s startup space slowed down in June 2024, as 38 tech startups raised $116 million, bringing the half-year total to $882 million. The amount raised in June…

India-based crypto exchange company CoinDCX has acquired the UAE-based virtual assets trading platform BitOasis, for an undisclosed value. The acquisition marks CoinDCX debut in the MENA region. Founded in 2016 by…

Egypt-based edtech startup El Kheta has raised a $400,000 investment from EdVentures. Founded in 2019 by Mohamed Mahmoud, El Kheta platform allows students to tailor their preferred curricula and create…

Saudi Arabia-based edutainment platform Jeel has raised a seven-figure funding round from RZM Investments and angel investors.  Jeel, founded in 2020 by Ahmed Sobaih, provides Arabic content for children, adolescents,…