Tripoli Startup Forum 2018

Tripoli Startup Forum 2018 is the third annual exhibition for North Lebanese startups and the entrepreneurship ecosystem supporting organisations. This year’s theme is titled ‘The Road Towards a Startup Ecosystem’, where a number of high-profile speakers will be discussing topics such as investment readiness, latest tech and business trends, as ...

Is Egypt becoming a hotbed for local and regional VCs? [Opinion]

The year 2018 has been a landmark year for Egyptian startups, securing bigger and later stage investment rounds and giving a dash of inspiration to many entrepreneurs to come. The investment ecosystem in Egypt is maturing with more later stage deals and bigger round sizes being raised. According to Seedstars Insights, the year to date has seen 13 ...

What does Careem’s expansion to Sudan mean for local players?

Sudan, a country with a population of around 40 million, has gone both unnoticed and untouched by regional and international tech players, and for good reason. The economy today is struggling with austerity measures, inflation, and a weakened currency, with no sign of improvement in the near future. Added to that is a tech sector that had been ...

Robots can help socialize autistic children and UAE’s Atlab is a practical example

Robotics and artificial intelligence (AI) are both revolutionizing all industries, and healthcare has been at the core of their activities. As PwC described it, “this is no longer sci-fi”, and we have already explored how robots could assist in hospitals and that the development of healthtech is holding a promise of better life conditions. But in ...

Saudi Arabia and the UAE’s new partnership and what it means for startups

On Wednesday, the UAE and Saudi Arabia have announced a strategic partnership in 44 projects called The Strategy of Revolve. The projects included in the strategy cover several industries like economy, security, politics and military, food security, healthcare, banking sector, as well as setting up joint venture funds for oil, gas and ...

Restaurant booking app Eat receives funding from MEVP

Eat , MENA-based restaurant reservation platform, has recently closed a funding round from Middle East Venture Partners (MEVP) for an undisclosed amount. Eat offers restaurants a cost-effective online reservation and table management system that enables users to reserve a table online in real-time. It started its journey in Bahrain in 2014 and ...

Abu Dhabi unveils a $13.6 billion program to grow public and private sectors and boost SMEs

Abu Dhabi Economic Vision 2030 has put forward the need to build a resilient infrastructure that supports economic growth and develops a highly skilled labor force. Putting words into action, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ordered the provision of at ...

Ureed partners with Altibbi to provide medical and health content online

Editing and linguistic startup Ureed has recently signed a strategic partnership agreement with medical website Altibbi to produce medical and health articles. The one-year agreement stipulates producing around 12,000 articles until the end of 2018, 2,000 of which were already written so far. Ureed produces the medical blogs with content covering ...

Chinese mobile internet company to boost its presence in the MENA region following a Series A round

OneMena, a China-based mobile internet company, has recently raised a Series A financing round led by IDG Capital and Kuaishou, the latter is one of China's largest short-form video streaming platforms. Prior to this round, the company had completed a Seed round where it got funding from Sequoia Capital. Together, both rounds have secured $20 ...

What does Turkey’s currency dip mean for local startups?

In recent news, Turkey’s lira has marked a record-breaking plunge. At the time of writing, the Turkish lira is now down to TL 4.57 against the dollar, losing more than a fifth of its value this year, according to BCC. No economic data have clearly justified the Lira’s depreciation; however, a Business Times source cited that the decline was ...
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