The MENAbytes Drop

The MENAbytes Drop

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Amazon Prime launches in the UAE, SoftBank, Tenderd and FreshtoHome raise investment, Tez win the Visa Everywhere Initiative and more.

Here's what's happening in the tech, startup and VC universe today: 1.Web Summit in talks with UAE for global tech event by 2022 2.SoftBank in talks with Saudi, UAE & Oman for second $100 billion Vision Fund 3.Tenderd raises $5.8 million seed 4.FreshToHome raises $11 million Seri ...  Show more

Careem acquires bike-sharing startup Cyacle, Trukkin raises $3.5 million, Saudi Aramco Energy Ventures co-leads $6 million investment in Amreican blockchain startup and more.

Here's what's happening in the tech, startup and VC universe today: Saudi Aramco Energy Ventures co-leads $6 million investment in American blockchain startup Data Gumbo  Dubai-based truck aggregator Trukkin raises $3.5 million to connect shippers and truckers in the Middle East ...  Show more

InstaDeep, Oddigo, eMushrif, KitabSawti, and Checkout.com raise investments, Egypt's ArqamFC gets acquired, Uber's disappointing IPO debut and more.

This week’s headlines: Oman’s eMushrif raises $1 million Pre-Series A Odiggo raises $180,000 seed ArqamFC gets acquired by UK’s StatsBomb. Uber stumbles almost 8% on stock market debut Abu Dhabi Investment Office launches $166 million Ghadan Ventures Fund InstaDeep raises $7 mill ...  Show more

WeWork to open its first space in Dubai this year, The Luxury Closet and Yumamia raise investments, Bayut expands to Saudi and Airbnb launches in Arabic.

Here's what's happening in the tech, startup and VC universe today: The Luxury Closet wraps up growth round with $11 million, acquires Hong Kong-based Guiltless Bayut expands to Saudi Yumamia raises $1.5 million Pre-Series A, plans expansion to Saudi   Airbnb launches Arabic webs ...  Show more

Resal, Xpay, and Little Thinking Minds raise investments, MAF acquires Wadi, Saudi approves new permanent residency permit, and more.

Here's what's happening in the tech, startup and VC universe today:   Saudi approves new residency permit for entrepreneurs, investors, and skilled expatriates Dubai’s Majid Al Futtaim has acquires Wadi.com Saudi’s Resal raises $800,000 Pre-Series A Egypt’s XPay raises $250,000 P ...  Show more