Rocket Internet'sNamshi, the Middle East’s leading online store for fashion and lifestyle, has secured funding through its German holding company of US$13 million by the growth equity firm Summit Partners to sustain its accelerated growth target.
This is the second investment by Summit Partners in Namshi, further affirming the investors’ c...
Egypt based startup accelerator Falt6labs has launched in Jeddah Saudi Arabia.
This comes as part of Flat6labs expansion plan in the Arab Gulf area and other Arab countries.
The Cairo-based accelerator, was formed in a partnership between the American University of Cairo and the venture capital firm Sarwari Ventures, was founded at the start...
In a major addition to its advertising network, Hsoub Ads, one of the largest advertising platform and ad network in Arabia has announced the implementation of two new online advertising mediums: Pre-roll video ads and Rich-Media ads.
Hsoub Ads Video, which was under active development and testing for several months, allows advertisers to emb...
Egyptian company behind eKayf an Arabic how-to website also owns BookBake an ebook creation software supporting both English and Arabic, giving users the the ability to create rich interactive ebooks flavored with their own design and layout.
It can be an electronic magazine (ezine), a newspaper, an annual report, a product brochure, and so on...
ikoo, the integrated digital marketing solution provider with the largest reach in the Middle East and North Africa [MENA], announced a major partnership with STC Ventures, which has invested US$3 million in the company.
The investment will be used to start new initiatives and future growth including its video network, performance network, au...
eJaba.me, a new online destination targeting the Arab world provided by Mesh Venture Ltd, is launching the first online assistance destination dedicated to individuals as well as Small Businesses professionals in the Arab world.
eJaba’s says its mission is to make business and law advisory accessible and affordable to everyone. Experts will be...
Several CBS twitter accounts has been hacked by pro Syrian regime hackers. These accounts are @60minutes @48hours, and @CBSDenver.
Some of these accounts has been suspended by Twitter, until things get together.
Via The Verge..
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Saudi Telecom Company and Iris Capital (STC Ventures’ Fund Manager)
announced today that STC Ventures Fund has recently concluded the acquisition of a significant minority stake in IT Interactive Software Company (Acadox). Acadox is one of the early startup companies that has recently graduated from the New Ventures & Entrepreneurship Prog...
Jeeran’s growth and focus on local content resulted in bringing over 150 thousand businesses to the online world in more than 15 cities around Saudi Arabia.
Realizing the importance of providing information “On-the-go”, Jeeran recently released a more advanced version of its popular apps for iPhone and Android phones which allow users ...
The scope of the agreement includes the screening of around 200 premium Bollywood film titles on Istikana’s video platforms.
Istikana co-founder Tareq Abu-Lughod stated that “Bollywood is one of the most important film hubs in the world in terms of number of films being produced. We shall showcase some of the best films Bollywood has to ...
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