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Meteora acquires property crowdfunding platform Maisour
UAE-based real estate developer Meteora Developers has acquired the Emirati property crowdfunding platform Maisour in a multimillion-dollar deal. Founded in 2022 by Praveen Sharma, Meteora Developers is a real estate developer with a diverse portfolio of projects across the UAE. Meanwhile, Maisour, founded in 2021 by Ahmed Nour, Haytham Assaal and Sari Safi, is a…
August 20, 20240Comments
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Rasayel’s manifesto for crafting a remote culture
Remote work changed the way startups work forever. This new way of working opened countless doors and possibilities for companies that weren’t even achievable before. Since the pandemic, thousands of companies decided to just continue working remotely, but that wasn’t the case for Mohamed Elbadwihi and Tarek Khalil when they co-founded Rasayel. Their reasons for…
August 15, 20240Comments
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MealPlanet raises $6 million Seed led by MEVP
UAE-based foodtech MealPlanet has secured $6 million in a Seed round, led by regional Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, and Alturki Ventures, as well as renowned entrepreneurs Marc Lore and Samih Toukan. Founded in 2024 by Khalid Baareh, Mealplanet is a meal plan delivery app connecting consumers to a…
August 15, 20240Comments
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Saudi Arabia’s Athir raises new investment round
Saudi Arabia-based healthtech Athir has raised its first investment funding round at an undisclosed amount, backed by Wa’ed Ventures, SHARE Investment Co., and RZM Investment. Founded in 2017 by Jawad Chaudhry, Ahmad AlJehani and Abdoulmohsen Alyoubi, Athir’s system offers healthcare management, revenue management, and medical insurance systems, along with smart device applications that provide integrated…
August 13, 20240Comments
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Oraseya Capital invests in seven startups through SANDBOX accelerator
UAE-based SANDBOX, the accelerator programme backed by Oraseya Capital, has celebrated the graduation of seven startups as part of its fourth cohort. SANDBOX is a five-month accelerator programme, where participating startups benefitted from more than 50 hours of workshops that include access to an integrated package of financial analytics, marketing strategies and legal compliance programmes.…
August 11, 20240Comments
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Synapse Analytics secures $2 million to propel expansion plans
Egypt-based AI startup Synapse Analytics has raised $2 million in investment led by Silicon Badia. Synapse Analytics, part of Hub71 and founded in 2018 by Ahmed Abaza and Galal El Beshbishy, is empowering businesses to leverage AI for better decision-making. This investment will enable Synapse Analytics to expand its AI technologies across the GCC and…
August 11, 20240Comments

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