Saudi Arabia-based mobility startups SHIFT has raised $82.8 million in investment from Merak Capital. Founded in 2017 by Khalid Alsulaiman, SHIFT Inc. is a comprehensive platform specialising in tech-focused mobility solutions for people and products, which is operating in 57 cities across the Kingdom, with a fleet of over 12,000 vehicles. The […]
Tag: Startup
Plain Tiger raises undisclosed investment from COREangelsMEA
Plain Tiger raises undisclosed investment from COREangelsMEA News • 18 September, 2024 Edit Arabic UAE-based B2B marketplace Plain Tiger has raised an investment from COREangelsMEA, a member of COREangels International, for an undisclosed amount. Founded in 2021 by Alexandra Polson and Oliver Baillie, Plain Tiger connects hotels with eco-friendly suppliers, saving them time […]
Darent closes a Seed round led by Al Tawuniya Insurance
Saudi Arabia-based proptech Darent has closed an undisclosed Seed funding round, led by Al Tawuniya Insurance, with participation from the Morgan Stanley Inclusive Ventures Lab and BIM Ventures. Founded in 2021 by Hanin Al-Subaie, Darent is a property management tool for rental properties that allows owners to list their units on the platform, […]
Seez raises $4.2 million to fast-track US expansion plan
Seez raises $4.2 million to fast-track US expansion plan News • 16 September, 2024 Edit Seez, a UAE-based automotive SaaS startup, has raised $4.2 million from unknown investors. Founded in 2015 by Tarek Kabrit and Andrew Kabrit, Seez is an automotive tech company that provides car dealerships with software solutions and OEM regional offices […]
Middle East SME Forum 2011
Middle East SME Forum 2011 Source : Wamda.com
Tawaref series: Company formation in Saudi from A to Z
After understanding the types of licences, and attestation processes, it’s time to move on to the actual company formation. Starting a business in Saudi Arabia involves a few key steps: understanding and obtaining a proper investment/MISA licence, selecting the right business activity, choosing a suitable trade name, and establishing the authority of managers. For a […]
A look at the winners of the 2013 Gulf Business Industry Awards
Gulf Business, a leading news portal in the Middle East, hosted their annual Gulf Business Industry Awards last night, September 23, in the UAE. The ceremony, which was held for the first time last year, recognizes the leading companies in the UAE, across sectors including banking, marketing and real estate. This year’s awards were divided into three main […]
The story of Yahoo’s acquisition of Maktoob [Case Study]
The story of Yahoo’s acquisition of Maktoob [Case Study] Wamda • 13 October, 2013 Edit Arabic This is the fourth post in our case study series, in partnership with the El Khazindar Business Research and Case Center (KCC) at the American University in Cairo’s School of Business, Wamda and Aramex, featuring an in-depth look at 12 leading startups from […]
How e-commerce stores are undercutting offline retailers in the UAE [Infographic]
How e-commerce stores are undercutting offline retailers in the UAE [Infographic] Reine Farhat • 10 November, 2013 Edit Arabic Lower prices are one of the major factors that encourage consumers to shop online, according to a new infographic by price comparison site Pricena. According to PayPal’s recent e-commerce report, 18% of shoppers prefer shopping online thanks […]
Middle East kids fashion marketplace off to a strong start
E-commerce has proved once again to be a promising industry for entrepreneurs in the Arab region. After witnessing the rise of many online retail services providing children’s items and products such as Mumzworld, new entrepreneurs are hitting the market with a service altogether new to the Arab region. Launched in early 2014, Mini Exchange works as […]