Tag: UAE

Agility Global invests in Global Ventures’ third fund

Agility Global invests in Global Ventures’ third fund

Agility Global invests in Global Ventures’ third fund News • 01 October, 2024 Edit Singapore-based multi-business operator and long-term investor Agility Global has committed an unknown investment amount to Global Ventures’ third fund, which was established earlier this year. The new fund aims at providing capital to early-stage Middle East and Africa companies […]

Podeo closes $5.4 million Series A, eying global expansion

Podeo closes $5.4 million Series A, eying global expansion

UAE-based podcast distribution platform Podeo has raised a Series A of $5.4 million, led by Oraseya Capital, with participation from Ibtikar Fund, Cedar Mundi Ventures, Samarium, iSME, and returning investor Razor Capital. Founded by Stefano Fallaha, Anthony Essaye, and Mario Hayek in Lebanon in 2020, Podeo allows creators to monetise their content through […]

UAE’s Coral closes a Seed round at $3 million

UAE’s Coral closes a Seed round at $3 million

UAE’s Coral closes a Seed round at $3 million News • 25 September, 2024 Edit UAE-based climatetech Coral has closed a $3 million Seed round, led by a group of investors. Founded in 2022 by Juergen Hoebarth and Daniele Sileri, Coral provides businesses with a streamlined solution to manage their carbon emissions. […]

Plain Tiger raises undisclosed investment from COREangelsMEA

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 […]

Seez raises $4.2 million to fast-track US expansion plan

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 […]

A look at the winners of the 2013 Gulf Business Industry Awards

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]

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]

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

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 […]