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,...
ANAVA Fund of Funds Invests €5 Million in Titan Seed Fund I to Bolster Tunisia’s Deeptech Startups
Tunisia
ANAVA Fund of Funds, managed by Smart Capital, has pledged a €5 million investment in the Titan Seed Fund I. This fund is specifically...
NEOM announces the inauguration of NEOM Investment Fund
Saudi Arabia
NEOM has today announced the inauguration of its strategic investment arm, the NEOM Investment Fund (NIF), NEOM’s wholly owned subsidiary which is...
