#startup

Dubai tech startup Zeta raises $250m to accelerate growth

The investment values Zeta at $1.45bn

First Saudi tech startup that could go public picks HSBC for IPO

Jahez has also been expanding in other areas such as last-mile logistics and cloud kitchens

Flat6Labs Bahrain graduates eight startups in latest funding cycle

Startups receive a total of $250,000 in investments, head to demo day

Saudi tech startup Foodics raises $20m in Series B funding

The funding will enable the startup to grow its share in existing markets, ramp up international expansion, as well as expand its fintech offering

Revealed: 8 factors key for company liquidation in the UAE

The process of liquidating a company can seem daunting, but partnering with an expert can help entrepreneurs ease the transition

UAE-based P2P app Ziina joins Y-Combinator accelerator programme

Ziina also announces new seed funding from US and MENA venture capital funds

Bidayatech takes novel approach to startup funding in MENA

Backers receive non-monetary rewards in return for backing a startup fundraising campaign

UAE startup Quiqup closes over $5.5m in funding to pursue expansion

Quiqup is currently working with more than 800 brands in the UAE

Mubadala

Abu Dhabi’s wealth fund invests in SoftBank-backed tech startup

It invested in Reef Technology, a startup that manages hubs in parking lots used for food delivery and other services

Saudi tech startup Foodics launches $100m fund for SMEs

Foodics partnered with Maalem Financing to launch the fund

Bold decisions: How Covid-19 hustled Careem back to the startup mindset

Gheed El Makkoui, general manager at Careem UAE discusses all things mobility with Gulf Business in times of the pandemic

Dubai-based InsureTech startup Sehteq secures $20m to venture into reinsurance

Sehteq will have an additional investment of $3m to support its technology arm

How has Covid-19 impacted the startup ecosystem in the GCC?

The pandemic has adversely affected the regional startup ecosystem. But there is help

Dubai startup Invygo raises $1m in funding

The startup plans to use the funds to further the business by expanding into new customer segments