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Reporting on the business of technology, startups, venture capital funding, marketing & advertising agencies, and creative work in the MENA region and world.

La Reina, online fashion rental platform raises $1 million in a Series A funding round

Egyptian fashion startup, La Reina raises $1 million in a Series A funding round

La Reina, Egypt’s first online fashion rental platform, announced $1 million in a Series A funding round led by Egypt’s largest venture capital fund, Algebra Ventures, with participation from the global VC fund, 500 Startups. Founded...
Chef Manal Al Alem becomes the latest investor in Yumamia

Chef Manal Al Alem becomes the latest investor in Yumamia

Famous TV celebrity Chef Manal Al Alem has become the latest investor in the Cairo-based food tech startup Yumamia. The total funding for the company since its inception stands at $1.3 million. The startup has...
Facebook pauses new Messenger bots, improves users' privacy, reactivates bug bounty program

Facebook pauses new Messenger bots, improves users’ privacy, reactivates bug bounty program

Following Cambridge Analytica data breach, Facebook has announced new changes and updates to its platform to reduce chances for future data breach. Pause app review for new Messenger bots. Access to user friends requires Extended...
WUZZUF debuts its newly revolutionized platform among top employers at 'Unlock’ 18'

WUZZUF debuts its newly revolutionized platform among top employers at ‘Unlock’ 18’

WUZZUF, Egypt’s number one online recruitment platform is revealing its newly revamped platform during "Unlock’18", an exclusive event that gathers top employers, government officials, media and influencers in the recruitment industry and job market...
ecommerce, cairo, egypt, startup, online shop, online store, egyptian women, digital boom, J's Designs, Okhtein, Shuffle Designs

3 Creative Egyptian Women Who Master E-commerce

E-commerce empowers small businesses to grow by generating revenues without having real stores. That's why it is necessary that you build and develop a strong online presence to prove your existence and stand out. SEE ALSO: Why did these posts got over 2...
500 Startups MENA gearing up to host investor day

500 Startups MENA gearing up to host investor day

Silicon-Valley based 500 Startups, the most active early-stage Venture Capital Fund in the Middle East and North Africa (MENA) region, has announced it is gearing up to host Investor Day, which marks the culmination...
Ambareen Musa, Souqalmal raises $10 million in series B funding with Gocompare.com, RTF & UAE Exchange, Souqalmal.com Raises $10 Million in Series B Funding

Souqalmal.com Raises $10 Million in Series B Funding

The Dubai headquartered finance comparison website, Souqalmal.com, raised USD $10 million in Series B funding from GoCompare, a UK based financial services provider. GoCompare Group plc, which operates the highly successful UK comparison website GoCompare, joins...
Careem, Uber, Easy Taxi to Hit Jordan Roads

Careem, Uber, Easy Taxi to Legally Hit Jordan Roads

Jordan gave ride-hailing apps the green light to operate in the country after fulfilling some transport and safety regulations, the Prime Ministry said in a statement today. The move, which comes after months of resistance...
Wael Fakharany joins Careem as Managing Director Egypt and Senior VP

Wael Fakharany joins Careem as Managing Director Egypt and Senior VP

Wael Fakharany joined Careem as Managing Director Egypt and Senior Vice President Government Relationship, after 16 years of leadership positions with Google Egypt, MEA, Emitac Group, 3Com and Wireless Dynamics. https://twitter.com/mowael/status/771314948601368576 Wael joined Google in 2008, served as Regional Manager Egypt, and North Africa and later...
Top 12 blockchain startup ICOs in Feb 2018

Top 12 blockchain startup ICOs in Feb 2018

Which startups raising funds through ICOs are most likely to succeed? Using Aingel’s AI based Deal Flow Analyzer, we generate an Inception Score™ that helps investors identify the next game-changing companies in the blockchain...

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