Money Inc.Arabia Staff A China-U.S. EV Trade War Could Put Brakes on Biden's Clean-Car Agenda. The cost of batteries will rise as the administration tries to keep finished, heavily subsidized Chinese vehicles out of the U.S., driving domestic EVs to unaffordable price points.
Money Inc.Arabia Staff Who Needs an IPO? Why Startups Are Offloading Stocks on the BY SAM BLUM, SENIOR WRITER @SAMMBLUMSecondary Market. New reports indicate that would-be IPO candidates are selling equities to investment firms and retail investors alike.
Money Kirill Sosnin Saudi Arabia as a New Leader in Venture Investments in MENA Achieving success in Saudi Arabia depends not just on understanding the legal frameworks but also on being adaptable to the swiftly evolving economic and cultural landscape.
Money Inc.Arabia Staff How Egypt’s Thndr is Making Investing Accessible Inc. Arabia speaks to Ahmad Hammouda, CEO and co-founder of Thndr, an investment platform that wants to democratize access to investing.
Money Inc.Arabia Staff Lunate Acquires 40% Stake in ADNOC's Pipeline Assets The acquisition was made through Lunate's Long-Term Capital Fund.
Money Inc.Arabia Staff Moroccan Fintech Tookeez Secures $1.5 Million Fund The funding led by the Azure Innovation Fund will be used for technological development and expansion plans.
Money Inc.Arabia Staff Saudi Foodtech Kitchenara Raises $380,000 in Funding The investment will help accelerate the platform's growth strategy.
Money Inc.Arabia Staff Rakeez Capital Secures $2 Million Seed Round The investment was led by CoreVision.
News Inc.Arabia Staff Egypt Devalues its Currency for the Fourth Time in Two Years Following the CBE's announcement, the Egyptian pound hit a fresh low record against the US dollar, recording EGP 45 on March 6th.
Money Inc.Arabia Staff UAE residents to spend 2024 bonus on retirement and real estate, Zurich survey reveals
Money Inc.Arabia Staff Iraqi Fintech Wayl Secures $150,000 Pre-Seed Funding Round The startup aims to empower social media vendors and freelance professionals throughout the region.
Money Inc.Arabia Staff Roboost Secures $3 Million Investment The AI-powered delivery logistics startup will use the funding to fuel MENA expansion.
Money Inc.Arabia Staff Ejaro Closes a Pre-Series A Financing Round of $3.28Million The investment will enhance the car rental startup development and expansion plans.
Technology TheGeek Detecting Scam Websites. 14 Ways To Spot A Scam Detecting scams and phishing websites is crucial to protect yourself from online fraud and identity theft.
Money Inc.Arabia Staff Edtech iStoria Raises $1.3 Million in Seed Round The Saudi-based edtech will use the funds to expand worldwide.
Money Inc.Arabia Staff Tech Companies Have Laid Off Thousands in 2024 What is the layoff outlook for the rest of the year? Google, Amazon, and other tech companies started 2024 with massive layoffs. Here's what the rest of this year might hold for the labor market.
Money Inc.Arabia Staff Cypher Capital Co-Leads $2.4 Million Round in BitsCrunch The investment will support bitsCrunch to develop an open-source, AI-powered platform.
Money Inc.Arabia Staff DXwand Raises $4 Million Series A Funding This investment will enable DXwand to expand further in the region and accelerate its research and development efforts in generative AI.
Events Inc.Arabia Staff Crysp Farms Harvests $2.25 Million in Pre-Series A Round Crysp Farms aims to introduce new farms in upscale hotels and resorts managed by global industry leaders such as Hilton Worldwide, Jumeirah Group, and Marriott International.
News Inc.Arabia Staff Last Week in Funding (15-21 January) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
Money Inc.Arabia Staff Axian Group Invests in Egypt’s Bosta The funds will be directed to fuel expansion across Egypt and Saudi Arabia.
Money Inc.Arabia Staff CBO Approves ONEIC's PSP License Customers can view and pay their telecom, water, and power utility bills with ONEIC Bill & Pay.
Money Inc.Arabia Staff Saudi Arabia Leads on VC Funding in MENA in 2023 Saudi Arabia overtook the UAE in VC funding for the first time last year.
Money Inc.Arabia Staff CBB Unveils FMIs and Payment Oversight Framework Its primary objective is to mitigate and reduce systemic risk while providing core principles for effective banking supervision.
Innovate Inc.Arabia Staff 3 MENA Companies That Became Unicorns in 2023 These 3 companies out of MENA and the GCC achieved unicorn status in 2023.
News Inc.Arabia Staff Last Week in Funding (18-24 December) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Riyadh Valley Company Invests in IMPACT46 Fund III IMPACT46 Fund III targets the Middle East, with a focus on Saudi Arabia.
News Inc.Arabia Staff UAE Tech Startup Funding Plunges 65% in 2023 To date, the number of investment rounds in 2023 has decreased by 21 percent when compared to the same period in 2022.
News Inc.Arabia Staff Jada Fund of Funds Invests in Iliad Partners Tech Ventures This will help make investments in early-stage technology companies across the MENA region, with a specific focus on Saudi Arabia.
Money Inc.Arabia Staff Trends by LuckyDodo Rasises $1 million Investment The investment will fuel Trends’ expansion, and broaden its data analytics capabilities.
Money Inc.Arabia Staff Last Week in Funding (11-17 December) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Tamara Raises $340 million in Series C Funding Saudi shopping and BNPL platform tops $1B valuation, achieves unicorn status.
Money Inc.Arabia Staff Dubai Insurance Invests in OneDegree Series B Round The Funding is part of the digital asset insurance partnership
Money Inc.Arabia Staff Chefaa Secures $5.25 Million The funding will help the Egypt based pharma delivery platform expand in Saudi Arabia.