News
Breaking news and timely stories on tech, media, and marketing that matter to brands, agencies, and startups in the MENA region.
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East African Antler closes $13.5M fund to support early-stage tech startups
Early-stage investor Antler has closed its oversubscribed East Africa investment fund today at US$13.5 million to continue to support early-stage…
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Instagram warns users who share Russian state media
Instagram is warming users who share Russian state media in stories, to dampen Russian government propaganda and protect user privacy…
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McDonald’s, Coca-Cola, Starbucks suspend business in Russia
McDonald’s, Coca-Cola, and Starbucks have suspended operations in Russia Tuesday, following public pressure and calls to boycott because of not…
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B2B SaaS startup ‘Insider’ raises $121M series D, unlocks Unicorn status
Singapore-based B2B SaaS startup Insider has unlocked unicorn status after raising a $121 million Series D round led by Qatar…
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List of brands that pulled out of Russia following Ukraine war
Over the past 13 days, major brands have suspended their operations in Russia following the war in Ukraine. While the…
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UAE store management platform ‘Dukkantek’ raises $5.2M seed
UAE-based digital store management platform Dukkantek has raised $5.2 million in a seed round to digitalize traditional retail spaces. The…
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Coca-Cola, McDonald’s face boycott threats for not suspending operations in Russia
Calls get louder for boycotting McDonald’s and Coca-Cola as they are still operating in Russia after invading Ukraine. The two…
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Apple Suspends App Store Search Ads in Russia
Apple has suspended advertising on its App Store in Russia to join a large list of companies and brands that…
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Zara, Paypal, Samsung suspend business in Russia
Zara, Paypal, and Samsung have suspended operations in Russia over the Ukraine invasion joining a long list of western companies…
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Dubai-based BNPL platform tabby raises $104M in series B
Dubai-based FinTech and buy-now-pay-later (BNPL) platform tabby has raised $54M in an extension round to the $50M series B round,…
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Saudi Taker Acquires Brisk Delivery
Taker, the Saudi-based Tech startup and fleet management solutions provider, has acquired its local counterpart, Brisk Delivery, to enhance its…
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WPP Withdraws Operations in Russia to condemn Ukraine Invasion
WPP is shutting down its operations in Russia due to the country’s invasion of Ukraine, a move that will affect…
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Egyptian mother, baby online shop Mumerz raises $1.2m
Egyptian Mumerz.com announced that it has successfully secured $1.2m in a pre-seed round led by local fund Disruptech. Launched recently, Mumerz.com is a…
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Capital Bank Launches blink: A New Era of Digital Banking in Jordan
Capital Bank of Jordan has launched Blink, a digital-only neobank aimed at retail customers, in partnership with Codebase Technologies, the…
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Funding Souq raises $2.5m in a seed round
Saudi Arabia-based crowdfunding platform Funding Souq has closed a $2.5m seed round with contributions from various angel investors. Investors include…
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