Employing 200 people, Nawy is an online real estate platform that facilitates purchasing and selling property that has sold over $200 million worth of properties
startup investment
Israeli business
New $100m fund set up to invest in UAE, Israeli technology start-ups
The fund will focus on five key pillars: fintech, insuretech, smart cities, public safety and cybersecurity.
Arabian Business
Pitch perfect: How start-ups can reach investors successfully
Kicking off the AB Start-up Forum, Genny Ghanimeh, founder and CEO of Mind Academy Tribe and Mind Cloud Academy, and Marwan Salem, Mind Cloud Tribe, presented their masterclass on how start-ups can create the perfect pitch deck to attract investors
business funding
Venture capital deals climbed 267 percent in emerging venture markets in 2021: Report
Turkey and the UAE together accounted for 44 percent of all venture capital invested
Angel Investors
UAE’s Hayi raises $325,000 to expand hyperlocal social network
Neighbourhood app start-up will use the funding to cement its local market hold ahead of MENA expansion
entrepreneurship
Why change is needed at the top to help Middle East’s female founders
Rebecca Hall, venture partner at global outfit Mindshift Capital, insisted more must be done to encourage women into the world of venture capitalism
Entrepreneurs
Behind the start-up helping to launch entrepreneurial funding journeys
How N2 Technology is connecting start-up founders with investors to facilitate the fundraising journey, a global challenge
entrepreneurship
Why now is the time to launch a start-up in Saudi Arabia
Changes in commercial regulations and the opening up of the kingdom’s economy has created the perfect opportunity for entrepreneurs
entrepreneurship
Inside the funding challenges of female-led start-ups in a ‘man’s world’
MENA’s women-founded businesses received only 11 percent of funding in 2018, on a par with US averages amidst hidden biases and barriers
business deals
Middle East and Africa region sees spike in start-up funding as investments hit $2.1bn in H1
Series B fundraising by start-ups accounted for the highest share in value terms, cornering 40 percent of the total investment pie this year, while early stage ventures topped the table in terms of the number of funding deals closed so far, latest research shows
Foreign investors
More funding needed for women-led start-ups in Middle East and North Africa
Accelerator-cum-investment firms such as Village Capital are using digital tools and ‘peer selection’ models to mitigate gender bias and perceptions of high risks about women entrepreneurs
fintech start-up
Saudi Arabia ranks second in region’s venture capital market
Investment in Saudi start-ups grew by a record-setting 65 percent and fintech companies accounted for about a fourth of all funding deals in the Kingdom
Hambro Perks
London-headquartered VC Hambro Perks ready to tap ‘hungry’ Middle East start-ups
Launched in February 2021, the $50m Oryx fund is focused on backing early-stage start-ups across the Middle East and North Africa
Abu Dhabi Investment Office
Hub71 and ADIO ink partnership to support early stage start-ups
The start-up incubator Hub71 has signed over 100 start-ups to its program, and it has raised more than $50 million in capital since its 2019 launch
agriculture technologies
Behind the Saudi start-up using saltwater in agriculture
Red Sea Farms is bringing its technology and produce to the UAE after securing $10 million in venture capital investment; eyeing global expansion
agriculture technologies
Saudi’s Red Sea Farms raises $10m in venture capital investment
Funding in the AgTech business was led by Saudi and Emirati investors including Aramco’s Wa’ed and Global Ventures
Arthur Devillers
KBW Ventures invests in mission-led French start-up Furahaa Group
Move marks the first investment by Saudi Prince Khaled bin Alwaleed in France’s entrepreneurial ecosystem