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MENA ECOSYSTEMS

New $50M African Fund Ambo Ventures to Target Green Economy Startups

13 Sep 2021
Led by founders with regional experience and backed by partners on-ground across [...]
Inside Adly Thoma & Gemini Africa’s Radical CinemaTech Track

Inside Adly Thoma & Gemini Africa’s Radical CinemaTech Track

09 Sep 2021
Amongst the fintechs and e-commerce startups ruling Egypt’s ecosystem, Gemini [...]
INJAZ Bahrain Launches New Award to Highlight Innovators of the Future

INJAZ Bahrain Launches New Award to Highlight Innovators of the Future

05 Sep 2021
Described as a value-driven opportunity for the country’s young entrepreneurs, the [...]
KSA Launches $1.2B Tech Initiatives to Fuel Creation of More Startups

KSA Launches $1.2B Tech Initiatives to Fuel Creation of More Startups

04 Sep 2021
The news comes as part of a wider move by KSA in the realm of IT as part of its [...]
Bahraini Entrepreneurs Put Through Paces in Reality TV Show 'Biban'

Bahraini Entrepreneurs Put Through Paces in Reality TV Show 'Biban'

29 Aug 2021
The new TV show will connect contestants with a panel of seasoned investors while [...]
Can Startups Solve the Problems Lebanon’s Government Can’t?

Can Startups Solve the Problems Lebanon’s Government Can’t?

14 Aug 2021
With their newly launched scale-up accelerator for social enterprises impacting [...]
Banque Misr Launches Sharia-Compliant Digital Microfinancing for SMEs

Banque Misr Launches Sharia-Compliant Digital Microfinancing for SMEs

10 Aug 2021
The move comes as part of ongoing efforts to facilitate the country’s digital [...]
ADIO’s $545M Innovation Programme Pens New Financial Partnerships

ADIO’s $545M Innovation Programme Pens New Financial Partnerships

09 Aug 2021
The new partnerships mark an ongoing effort to cement the Emirate’s status as a [...]
Coalition of Egyptian Banks to Launch EGP 1 Billion Fund for Tech SMEs

Coalition of Egyptian Banks to Launch EGP 1 Billion Fund for Tech SMEs

04 Aug 2021
Though details are still scarce, it's been revealed that the fund will be run by [...]
Amazon Looks to Grow Saudi Presence and Build Tech Partnerships

Amazon Looks to Grow Saudi Presence and Build Tech Partnerships

02 Aug 2021
The expansion is set to increase Amazon’s storage capacity by 89% and its delivery [...]
StartRight: The Legal Platform Helping Startups Every Step of the Way

StartRight: The Legal Platform Helping Startups Every Step of the Way

29 Jul 2021
Launched by one of Egypt's most prolific law firms, Shehata & Partners, the [...]
American University in Cairo to Adopt MIT Venture Mentoring Service

American University in Cairo to Adopt MIT Venture Mentoring Service

28 Jul 2021
The International Finance Corporation will support the school to adapt the [...]
RewirEd Summit Seeks to Reimagine Education at Dubai’s Expo 2020

RewirEd Summit Seeks to Reimagine Education at Dubai’s Expo 2020

21 Jul 2021
The summit, taking place from 12-14 December, will unveil experiments and ideas to [...]
Meet the 12 Startups Chosen for Google’s Second MENA Accelerator

Meet the 12 Startups Chosen for Google’s Second MENA Accelerator

20 Jul 2021
The second round has seen the tech giant cherry-pick 12 startups from six [...]
Omantel Launches Muscat Innovation Labs to Foster Entrepreneurship

Omantel Launches Muscat Innovation Labs to Foster Entrepreneurship

20 Jul 2021
Omantel Innovation Labs aims to develop youth entrepreneurial skills and expedite [...]
Egypt Partners with Microsoft to Build Youth Tech Capacity

Egypt Partners with Microsoft to Build Youth Tech Capacity

13 Jul 2021
In total, the agreements seek to level-up 200,000 young people’s IT skills each [...]
UAE Partners with Tech Giants for National Coder Training Programme

UAE Partners with Tech Giants for National Coder Training Programme

12 Jul 2021
With the likes of Google, Amazon, Facebook and Cisco among the participating names, [...]
Egypt Directs $486M of Funding to Projects Combating Food Insecurity

Egypt Directs $486M of Funding to Projects Combating Food Insecurity

12 Jul 2021
The 17 projects - spread across 22 locations - endeavor to buttress the national [...]
Scale Up to Green: The Ins & Outs of Changelabs’ New Egypt Accelerator

Scale Up to Green: The Ins & Outs of Changelabs’ New Egypt Accelerator

09 Jul 2021
In what is the first accelerator of its kind in Egypt, Changelabs are looking to [...]
INJAZ Bahrain Announces New Edition of Young Entrepreneurs Competition

INJAZ Bahrain Announces New Edition of Young Entrepreneurs Competition

07 Jul 2021
The Bahraini nonprofit will spotlight student contributions in new edition of youth [...]
Egypt’s Algebra Ventures Welcomes Two New GPs for $90M Fund

Egypt’s Algebra Ventures Welcomes Two New GPs for $90M Fund

06 Jul 2021
It's hoped that the appointment of Omar Khashaba and Laila Hassan will strengthen [...]
Deloitte Sets Up Saudi E-Commerce Training Programme

Deloitte Sets Up Saudi E-Commerce Training Programme

06 Jul 2021
As the Gulf region’s e-commerce sales triple from 2017 to 2021, Deloitte seeks to [...]
Ajman Free Zone Signs MoU with RAKBANK to Support SMEs

Ajman Free Zone Signs MoU with RAKBANK to Support SMEs

06 Jul 2021
The Ajman Free Zone saw a 23% increase in registered SMEs from 2019 to 2020. [...]
Google Launches ‘Grow My Store’ Service for MENA’s Digital Retailers

Google Launches ‘Grow My Store’ Service for MENA’s Digital Retailers

05 Jul 2021
The new tool seeks to help MENA’s digital retailers improve the customer shopping [...]
Egyptian-Saudi Joint Committee Launches Website for MSME Funding

Egyptian-Saudi Joint Committee Launches Website for MSME Funding

30 Jun 2021
The Joint Committee’s current portfolio amounts to $1.9 worth of projects, and its [...]
Endeavor Appoints Heba Ali as Egypt Director

Endeavor Appoints Heba Ali as Egypt Director

29 Jun 2021
Heba Ali will be leading 57 high-impact Egyptian entrepreneurs whose companies have [...]
Inside Consoleya - Downtown Cairo’s New Plug-and-Play Co-working Space

Inside Consoleya - Downtown Cairo’s New Plug-and-Play Co-working Space

28 Jun 2021
We speak to Hanan Abdel Maguid and Karime Shafei, the co-founders of a new [...]
Egypt’s Planning Ministry & AUC Venture Lab Launch Training Programme

Egypt’s Planning Ministry & AUC Venture Lab Launch Training Programme

18 Jun 2021
The project seeks to build an innovation-enabling environment for young people. [...]
Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round

Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round

17 Jun 2021
After 750 applicants from arcos Egypt threw their names in the hat, the fourth [...]
Abu Dhabi VC Shorooq Partners Opens Office in Cairo

Abu Dhabi VC Shorooq Partners Opens Office in Cairo

15 Jun 2021
With a flagship $50 million VC fund, Shorooq Partners is a leading early-stage [...]
Egypt Approves $50M AFESD Loan to Finance SMEs

Egypt Approves $50M AFESD Loan to Finance SMEs

12 Jun 2021
The loan seeks to nurture the SMEs ecosystem to create jobs and encourage youth [...]
The Mentorship Forum Middle East To Take Place This November

The Mentorship Forum Middle East To Take Place This November

04 Jun 2021
First of its kind in the GCC, the event focuses on the central role the mentorship [...]
Telecom Egypt Launches WE Access to Back SMEs’ Digital Transformation

Telecom Egypt Launches WE Access to Back SMEs’ Digital Transformation

03 Jun 2021
WE Access provides valuable services in helping SMEs better understand [...]
New Amazon Data Centres Opened in UAE

New Amazon Data Centres Opened in UAE

28 May 2021
Amazon’s second Middle East data infrastructure centre, after its expansion into [...]
Startups Galaxy & the Power of Growth Marketing in MENA’s Ecosystem

Startups Galaxy & the Power of Growth Marketing in MENA’s Ecosystem

18 May 2021
StartupScene sits down with founder Nono Ghannam to find out more about how she's [...]
Amam Ventures Launches in Jordan to Back Impactful SMEs

Amam Ventures Launches in Jordan to Back Impactful SMEs

10 May 2021
The launch is the first step towards a full-fledged fund with a target of $30 [...]
National Bank of Bahrain New Lending Scheme ‘Tamweel Al Watani’

National Bank of Bahrain New Lending Scheme ‘Tamweel Al Watani’

06 May 2021
The scheme supports SMEs with their sustainability goals while boosting cash flow [...]
Google Announces Second MENA Tech-Startup Accelerator Programme

Google Announces Second MENA Tech-Startup Accelerator Programme

06 May 2021
Selected startups will be paired with relevant experts from Google and the industry [...]
Meet the Finalists of Egypt’s Entrepreneur Awards 2021

Meet the Finalists of Egypt’s Entrepreneur Awards 2021

06 May 2021
Already shaping up to be one of the biggest date on the entrepreneurial [...]
Startups Invited to 'Shape African Cities of Tomorrow'

Startups Invited to 'Shape African Cities of Tomorrow'

05 May 2021
The programme is a six-month accelerator that provides support to 10 high-potential [...]
More


Week Month Year

New $50M African Fund Ambo Ventures to Target Green Economy Startups

Led by founders with regional experience and backed by partners on-ground across the continent, Ambo Fund is poised to achieve its lofty [...]

KSA Edtech Scalers Sets Sights on Expansion Following $533K Seed Round

The startup plans to utilise its new funds to expand its user base and the breadth of its educational offerings. [...]

Cairo-Based B2B E-Commerce Startup Capiter Raises $33M Series A Round

The SME service provider will use the funds from seven investors to expand into the MENA region in 2022. [...]

Egyptian Nano-Lending Startup Kashat Raises $1.75 Million Bridge Round

The fintech will use its new funds to develop its platforms and expand its operations, as it continues its efforts to bank the unbanked at [...]

UAE Healthtech KLAIM to Expand in KSA Following $1.6M Pre-Series A

The startup plans to utilise the new capital to expedite its growth in Saudi Arabia through the digitization and automation of medical [...]

Arab Bank Launches its First Fintech Accelerator in Egypt

AB Accelerator is on the lookout for early-stage startups fintechs as well as startups specialising in other related tech verticals. [...]

How Nawy is Using Tech to Unlock Real Estate Investment for the Masses

StartupScene sits down with members of the founding team of a proptech startup that is looking to break down barriers and inject innovation [...]

Saudi Fintech & Digital POS Provider CashIn Secures $1.6M Investment

With the new investment, the startup is set to take a big leap towards its goal of a fully-integrated fintech platform. [...]

Egypt’s Okhtein Poised for Global Growth with Bidayat Partnership

The new partnership seeks to establish Okhtein into ‘a global leader in premium fashion’. [...]

Two Egyptians in the Running for Top 10 African Business Heroes Prize

Amena El-Saie and Khadija Mohamed El Bedweihy become the only Arab finalists in a competition that drew 12,000 applicants across Africa. [...]

EXCLUSIVE: Meet the 10 Startups Chosen for the First ‘Google for Startups Accelerator’ in MENA

Out of over 500 startups, only 10 have been chosen for the tech giant's first ever MENA accelerator, as it seeks to identify the most [...]

Egyptian Book Summary App Akhdar Raises Six-Figure Investment from EdVentures

The startup will look to expand its library and introduce new smart learning experiences. [...]

In Conversation with Neveen El Tahri: Egyptian Investment Veteran & Founder of 138 Pyramids

The founder of development finance initiative, 138 Pyramids, talks Egyptian youth, the art of listening and the ego of entrepreneurship in [...]

SIGMA Fit: The Trailblazing Tech Startup Driving the Evolution of Sportswear

We sit down with the rowdy, co-founding trio of SIGMA Fit to find out more about a rollercoaster journey filled with rural housewives, [...]

Egypt’s Raya Holding Announces New Fintech-Focused Fund Worth over $6 Million

The fund will look to back innovative startups working in e-commerce, distribution, edtech and more. [...]

New $50M African Fund Ambo Ventures to Target Green Economy Startups

Led by founders with regional experience and backed by partners on-ground across the continent, Ambo Fund is poised to achieve its lofty [...]

KSA Edtech Scalers Sets Sights on Expansion Following $533K Seed Round

The startup plans to utilise its new funds to expand its user base and the breadth of its educational offerings. [...]

Cairo-Based B2B E-Commerce Startup Capiter Raises $33M Series A Round

The SME service provider will use the funds from seven investors to expand into the MENA region in 2022. [...]

Egyptian Nano-Lending Startup Kashat Raises $1.75 Million Bridge Round

The fintech will use its new funds to develop its platforms and expand its operations, as it continues its efforts to bank the unbanked at [...]

UAE Healthtech KLAIM to Expand in KSA Following $1.6M Pre-Series A

The startup plans to utilise the new capital to expedite its growth in Saudi Arabia through the digitization and automation of medical [...]

Financial Times Looks to African Startups for New UN SDG Challenge

The Financial Times has teamed up with Seedstars to look for UN SDG solutions in emerging markets. [...]

Asia’s Leading Foodtech Startup Next Gen Launches Products in UAE

The plant-based meat company will launch their flagship vegan chicken TiNDLE product in the UAE with top chefs cooking up dishes in the [...]

Egypt’s Falak Startups Appoints Ahmed Hazem Dakroury as New CEO

Dakroury, who previously served as Falak Startup’s Head of Investment, steps into some big shoes, as he takes over from Yousef El Sammaa. [...]

Egypt's KarmSolar Takes Aim at Water Scarcity with Launch of KarmWater

The company's new water solutions division already has a project in the works in Marsa Alam - and, of course, it's solar-powered. [...]

KSA’s Al Naqool Sons invests $4M in Silicon Valley Fund Graphene

The deal will see Al Naqool strengthen its presence in the states via a fund that has invested in the likes of Snapchat and Lyft. [...]

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