News Inc.Arabia Staff UAE Records 2.8-Magnitude Earthquake Felt by Residents The earthquake documented at precisely 11:03 pm, caused noticeable tremors that were felt by residents in the vicinity.
Startup Inc.Arabia Staff Nawel Secures $1 Million in Seed Round Nawel specializes in setting up delivery locations that serve as hubs for processing packages, making deliveries quicker and more economical.
News Inc.Arabia Staff MBC Group Achieves 30% Surge on TASI Debut MBC operates 13 free-to-air TV channels and runs the streaming platform Shahid, known as the Netflix of the Middle East.
Startup Inc.Arabia Staff UAE's Fintech Maalexi Secures $3 Million in Pre-Series A Maalexi is led by Azam Pasha, who brings over two decades of expertise in food and agricultural supply-chain management and trade finance.
News Inc.Arabia Staff AI World Today Unveils The AI Dictionary eBook The AI Dictionary emerges as a user-friendly starting point for individuals seeking to bolster their AI literacy.
News Inc.Arabia Staff NASA, MBRSC Collaborate on Artemis Lunar Gateway Airlock The Artemis Lunar Gateway, poised to be humanity's inaugural space station orbiting the Moon.
Startup Inc.Arabia Staff Saudi Healthtech Clinicy Closes Undisclosed Series A Funding The round was led by Middle East Venture Partners (MEVP), structured by Gate Capital.
Startup Inc.Arabia Staff Lahint Closes $267,000 Pre-seed Investment Round Lahint’s operations in the kingdom will kick off on April 1st, 2024.
News Inc.Arabia Staff Themar Partners with Gaiat Hub for Financial Solutions Gaiat Hub, which operates in the field of procurement, has more than 56 suppliers on its platform to cover the needs of business sectors.
Startup Inc.Arabia Staff Saudi-Kuwaiti Baims Acquires Orcas To Create Regional Edtech In an exclusive interview with Inc. Arabia, the CEOs of Baims and Orcas talk about the potential for edtech in MENA and what the acquisition means for Baims.
News Inc.Arabia Staff Tech for Palestine Coalition Launched To Support Palestine The coalition brings together tech workers to call for a free Palestine and end tech's support for the war on Gaza.
News Inc.Arabia Staff Deliveroo Now Reaches all Districts of Kuwait In 2019, Deliveroo launched in Kuwait with over 900 restaurants including Five Guys, Zaatar & Zait and Shake Shack.
News Inc.Arabia Staff Investcorp Technology Partners to Acquire Majority of VEDA The transaction is slated for closure this quarter.
News Inc.Arabia Staff UAE’s Swvl Becomes Profitable in H1 2023 The firm posted operating cash inflows from operating activities of $2.2 million in H1 2023.
News Inc.Arabia Staff Abu Dhabi’s Sheikh Tahnoon Sets up $27 Billion Firm The new company, 2PointZero, will be integrated into International Holding Co.
News Inc.Arabia Staff Last Week in Funding (25-31 December) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Saudi Arabia's Regional HQ Requirement Goes into Effect The RHQ Program was introduced in February 2021 to attract global corporations to establish their headquarters in Saudi Arabia.
News Inc.Arabia Staff Disney's Steamboat Willie, Enters Public Domain Steamboat Willie's debut marks a shift in the legacy of Mickey Mouse.
News Inc.Arabia Staff Saudi's BIM Ventures Launches SKYNA Private Aviation The establishment of SKYNA aligns with the National Strategy of the Aviation Sector.
News Inc.Arabia Staff What You Searched For This Year, According to Google Israel-Palestine dominated headlines across the region, while the Cricket World Cup and the Saudi Pro League dominated sports searches.
News Inc.Arabia Staff MENA Insurtech Competition 2024 Accepting Submissions The competition is held in five countries across the MENA region, including Qatar, Saudi Arabia, UAE, Oman, and Egypt.
News Inc.Arabia Staff Saudi, UAE, Egypt to Join BRICS in 2024 The BRICS group consists of Brazil, Russia, India, China, and South Africa.
News Inc.Arabia Staff Saudi Ta3meed Raises $15 Million in Series A Funding The funding round was led by Al-Rumaih Group.
News Inc.Arabia Staff Chinese Smartphone Giant Xiaomi Unveils Its First EV The price of the SU7 has not yet been announced by Xiaomi.
News Inc.Arabia Staff Aramco’s Prosperity7 Ventures Invests $14 Million in Cispoly Cispoly was founded in 2020 by Liu Pei and is focused on the early diagnosis of gynecological tumors.
News Inc.Arabia Staff Cryptocurrency Miner Phoenix Group to Acquire 25% of Lyvely In a milestone last August, Lyvely secured an undisclosed sum in seed funding from early-stage VC Cypher Capital.
News Inc.Arabia Staff Golden Gate Ventures Opens Regional MENA Office Golden Gate Ventures is an international early-stage venture funding company.
News Inc.Arabia Staff Dubai’s Micropolis Holding Starts $37 Million US IPO Filing The company aims to raise up to $37 million through its forthcoming IPO.
News Inc.Arabia Staff Egypt’s TradeHub Kicks off Its Operations TradeHub was founded by Ahmed Gaber and Ahmed Atef.
Startup Inc.Arabia Staff Qashio and Emirates Skywards Partner for Customer Benefits Qashio users will now be able to reap the benefits of Emirates Skywards.
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 Egypt’s T-Vencubator Fund Launches to Back Tech Startups T-Vencubator’s focus will be investing in startups in their early stages up to the Series A stage.
News Inc.Arabia Staff DESAISIV hits the Billion SAR Milestone, Redefining Health Insurance Technology in KSA!
Startup Inc.Arabia Staff Egypt’s Edupay Seeks Finance License via $2 Million Round Edupay previously secured $95,000 in its pre-seed round.