MENA Startup Funding Sees Surge in May 2024
Investment Jumps 413% Month-over-Month The Middle East and North Africa (MENA) startup ecosystem saw a significant increase in funding in May 2024. Startups raised a total of $282 million, a...
Maalexi Gears Up for Global Food Trade Expansion with $1 Million Investment from Stride Ventures
Maalexi, a UAE-based fintech company revolutionizing cross-border trade for the agriculture sector, has secured a crucial $1 million venture debt investment from Stride Ventures. This marks a...
EdVentures Injects $400,000 into El Kheta, Boosting Personalized Learning in Egypt
Egyptian EdTech startup El Kheta has received a significant investment of $400,000 from EdVentures, the venture...
MDD closes Series A round for 5% stake
MDD Saudi Arabia, a company specializing in supply chain and procurement management, announced the closure of a Series...
Keyper secures $34 million in mix of equity, Sukuk
UAE-based proptech Keyper has raised $4 million in equity in a pre-Series A round, led by BECO Capital and Middle East...
64,400 new houses forecast to hit Dubai market this year
Residential unit deliveries already picking up, according to new report Dubai’s residential property deliveries have...
The most common reason for small business failure in South Africa
Market access is key for any growing business in a competitive business landscape. However, for small businesses, expanding market access and growing their customer base can be...
Eight Arab startups compete for $30,000 prize in Mega Green initiative
PepsiCo, SABIC, and AstroLabs have unveiled the names of the eight startups selected to participate in the Mega Green initiative in the Middle East and North Africa (MENA)...
Boosting Your Bottom Line: Strategies for Sustainable Business Growth
In today's competitive business environment, profitability plays a critical role in a company's long-term success. While maximizing profits is a common goal, achieving it...
MENA Startup Funding Stumbles in April
Sharp Decline Raises Concerns for Ecosystem Startup investment in the MENA region took a hit in April 2024. Only $55 million was raised by 19 startups, a concerning 78% drop...
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