News

Last mile delivery startup FODEL raises $2.6 million in pre-Series A

Last mile delivery tech startup FODEL has raised $2.6 million by a number of prominent…

The first FinTech for Sustainability Hackathon kicks off in Bahrain with 50 participants

The first “BENEFIT Fintech Hackathon for Sustainability” in the MENA Region hosted by Bahrain Fintech…

Saudi’s Almosafer launches the 2nd edition of its Jadarah accelerator program

Saudi travel app Almosafer just announced the 2019 edition of its annual talent accelerator program…

Ajman Media City Free Zone launches a platform to accelerate youth development & entrepreneurial growth

H.E Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone…

Pitch@Palace Bahrain 2.0 wraps up with great success as 6 entrepreneurs qualify for the next round

Under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince,…

Great news to FinTechs in Bahrain – you’ll soon be expecting Robo-advisers

The Central Bank of Bahrain (“CBB”) has today issued the Directives on “Digital Financial Advice”…

China’s One Belt, One Road Initiative aims to positively impact 65% of the world’s population

With more than 1,700 projects worth USD 1 trillion, China’s ambitious One Belt, One Road…

500 Startups announces its final close of its MENA-focused funds with $33 million

One of the leading early-stage investors of the world, 500 Startups, just closed its Middle…

“To a New Chapter” – Uber’s acquisition of Careem is now for real

Uber recently sent an email with the subject line “To a New Chapter” confirming its…

Mobile app platform Receet just got invested by Ibtikar Fund

On March 25, 2019, Ibtikar Fund announced its newest investment in Receet, a mobile app…