{
Othman Janahi

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mena startups attract significant funding and acquisitions in recent months

MENA startups are attracting significant investment, with notable funding rounds in Saudi Arabia, the UAE, and Egypt. Key highlights include CQR's $3 million for AI-driven cybersecurity, Flow48's $69 million for fintech expansion, and Fawry's $1.6 million investment in Egyptian fintech firms. The region's fintech sector has seen a 5.5x growth over five years, driven by digital transformation initiatives.
Arab News Japan
Euro United States Dollar ARE GBR BHR SAU AUS ZAF QAT IND EGY MEX CHN Tarek Kabrit Simanta Das Uzair Gadit Nasser Al-Saleh Othman Janahi Vimal Kumar Andrew Kabrit Aaqib Gadit Amine Chouki Sujit Chakrabarty Taoufik El Jamali Umair Gadit Praveen Kiran Show more
Business & Industry, Market Report
09:45 02.03.2025

mena startups attract record funding in fintech and technology sectors

Startups in the MENA region are experiencing a surge in funding, particularly in fintech, cybersecurity, and AI. Notable investments include CQR's $3 million for AI-driven cybersecurity solutions, Flow48's $69 million for SME financing, and Fawry's $1.6 million in three Egyptian fintech firms. The region's economic growth is further supported by initiatives like Al Madinah Angels and Disrupt.com's $100 million commitment to AI-first startups.
Arab News
United Arab Emirates Dirham United States Dollar Qatari Riyal Indian Rupee Saudi Riyal ARE GBR USA BHR SAU AUS ZAF QAT IND EGY MEX CHN Tarek Kabrit Simanta Das Uzair Gadit Nasser Al-Saleh Othman Janahi Vimal Kumar Andrew Kabrit Aaqib Gadit Amine Chouki Sujit Chakrabarty Taoufik El Jamali Umair Gadit Praveen Kiran Show more
Business & Industry, Market Report
20:53 01.03.2025

bahrain based cake startup lola secures funding for gcc expansion

Basata Holding has increased its stake in Jordan's MadfoatCom to 25%, enhancing its role in the region's digital payments landscape. This strategic investment, made in collaboration with Jordanian financial institutions, aims to improve financial inclusion and digital infrastructure, particularly for SMEs. The partnership is expected to drive innovation and expand access to financial services in Jordan.
ArabFounders
United Arab Emirates Dirham United States Dollar Bahraini Dinar ARE EGY BHR SAU JOR Simanta Das Othman Janahi Vimal Kumar Sujit Chakraborty Hasan Haider Show more
Business & Industry, News Article
14:25 25.02.2025

silkhaus secures funding to expand short-term rental operations in saudi arabia

Silkhaus, a Dubai-based short-term rental startup, has secured significant growth funding to expand into Saudi Arabia, enhancing its booking platform to meet rising demand for premium accommodations. With a managed property value of $200 million annually, the company aims to dominate the GCC market, leveraging technology to optimize guest experiences and streamline rental management. Key leadership appointments support its ambitious regional strategy, aligning with Saudi Arabia's Vision 2030 tourism goals.
ArabFounders
BHR Wadih Haddad Othman Janahi Sujit Chakraborty Joe Barron Show more
Business & Industry, Market Report
13:56 25.02.2025
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