Egypt-based fintech Basata has increased its stake in Jordan’s MadfoatCom to 25%.  This acquisition will further strengthen Basata’s role in accelerating digital financial inclusion across the region and enhancing the…

Libya-based B2B e-commerce platform Alkremeya has officially launched operations,  with ambitious plans for regional expansion.  Founded in 2023 by Abdurrahman Ejdier and Fasih Ullah Ghafoor, Alkremeya connects retailers directly with…

UAE-based SaaS provider Journify has secured $4 million in funding, led by Silicon Badia, with participation from RZM and other investors. Founded in 2023 by Taoufik El Jamali and Amine…

UAE-based self-storage services provider The Box has raised $12.5 million in a debt financing led by Shorooq.  Founded in 2007 by Wadih Haddad, The Box provides personal storage and record…

UAE-based online classifieds platform Dubizzle Group has acquired the Egyptian online car marketplace, Hatla2ee, in an undisclosed deal value.  With this acquisition, Dubizzle Group integrates its advanced technology and resources…

Tunisia-based P2P fashion marketplace Dabchy has raised a pre-Series A funding round led by Janngo Capital and angel investors for an undisclosed value. Founded in 2016 by Ameni Mansouri, Ghazi…

In a move that underscores a steadfast commitment to fostering an innovation-driven investment landscape in Saudi Arabia, Falak Investment Hub, in collaboration with Bayan Platform, proudly announces the release of…

UAE-based fintech Blum raised $5 million in a pre-seed and seed round.  The round was led by gumi Cryptos Capital, Spartan, No Limit Holdings, YZi labs and OKX Ventures. Founded…

Tawaref, a leading Saudi-based shared services company, and Thanawi, a pioneering digital platform, are pleased to announce the signing of a Memorandum of Understanding (MoU) at LEAP 2025. This strategic…

Egypt-based B2B SaaS startup Qme has raised $3 million in a seed funding round led by AHOY, along with a group of angel investors from the GCC. Founded in 2022 by…