Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO
Saudi Arabia
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil...
Pakistan Launches Ambitious Sovereign Venture Capital Fund to Revitalize Startup Ecosystem
Pakistan
To invigorate Pakistan's startup landscape, Umar Saif, Pakistan's interim Minister for Information Technology and Telecommunications, has announced the launch of an ambitious sovereign venture...
UAE’s e& completes acquisition of over 50% stake in Careem Technologies
UAE
UAE telecom operator e& has successfully finalized the acquisition of a 50.03% stake in Careem Technologies, known as the Careem Everything App. The transaction,...
Moroccan Startup CloudFret Secures USD 2.1 Million for Further Expansion in Europe
Morocco
CloudFret, a transport and logistics startup, recently concluded a new funding round, securing USD 2.1 Million from investors, AfriMobility and Azur Innovation Fund.
The...
DIEZ launches $136 million venture capital fund for startups
UAE
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai,...
