The MENA region is becoming a hotbed for startup innovation, supported by government reforms, rapidly advancing digital infrastructure, and increased access to venture capital. In 2024, several countries in the Middle East and North Africa are emerging as prime...
Saudi Arabia-based adtech platform Quantum has secured funding as part of its $7 million Pre-Series-A round. HearstLab, the investment arm of Hearst Corporation, led the round. This investment marks HearstLab’s first venture in the Middle East, highlighting the...
As technology continues to evolve, Saudi Arabia is, without a doubt, taking bold steps to modernize religious pilgrimages. In fact, Riyadh-based fintech startup UmrahCash has just secured a $500,000 investment from Adaverse, which marks a significant step in enhancing...
Hub71, Abu Dhabi’s premier global tech ecosystem, has proudly welcomed 21 new startups into its 15th cohort. Consequently, this expansion brings the total number of supported ventures to an impressive 243. Collectively, these startups have raised a remarkable $134.9...
Egypt-based Paymob has recently raised a $22 million Series B extension round. Consequently, this increase brings the company’s total Series B funding to an impressive $72 million. With this new capital, Paymob is set to significantly boost its growth and expand...
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