Facebook CEO Mark Zuckerberg announced on facebook that his company is acquiring iPhone and Android popular photo sharing startup Instagram.
Mark did not say how much was the price, Update: the price is $1 billion in a combination of cash and shares of Facebook according to facebook announcement. but he said unlike other facebook acquisitions...
Recently launched opendayz one of the first batch of startups to launch from Alexandria Egypt based startup accelerator Tahrir2 offers an ecommerce portal for home and small businesses to market their products while offering buyers products and logistics at reasonable prices. The idea came to a group of girls to help local businesses market t...
Tahrir2 the startup accelerator that is based in eAlexandria Egypt and is Head cofounded by Mohamead Gawdat Google's Emerging Markets ! got its 2 startups launched.
The 2 startups are:
1. opendayz.com : www.opendayz.com, an e=commerce portal for home and small businesses to market their products while offering buyers high quality pro...
Middle East Venture Partners (MEVP), has announced five new rounds of investments.
Anghami.com: “ Unlimited Music for your ears” got seed funding The startups is Mobile music and web music streaming service targeting the Arab World with premium Arabic and foreign music content. A Turkey based VC is investing alongside MEVP in this round....
Four innovative projects have been named winners in the latest Seed Fund round at King Abdullah University of Science and Technology (KAUST).
The winners were announced at a Gala dinner at the Academic Campus, Thuwal on Wednesday March 14, 2012. They were on hand to discuss their individual products and innovations at the event.
Here are ...
Today At the MIT Enterprise Forum Arab Business Plan Competition Workshop session taking place in Abu Dhabi, Ken Morse, Senior Lecturer and Managing Director of the MIT Entrepreneurship Center shared some tips with the business plan's 50 Semifinalists, along with 20 Semifinalists from Global Innovation in Science and Technology (GIST) Competitio...
The Egyptian revolution is achieving its objectives one after the other in the hard way, with paid souls and blood in the long march for justice, freedom and Independence from domestic and foreign tyranny and conspiracy.
However, Egyptian economy is not doing well. Egypt has a high level of poverty rates, around 40%, its economy is dependen...
Mubawab , operating 17 local country websites across the Middle East and North Africa, announced today that it has received $850,000 in funding from Grupo Intercom, One of Spain’s l Web consortium, as well as from international business angels, to further develop classifieds portal for the Arab region. Well-known Web brands emerging from Spain ...
News surfaced end of last month that Saudi based Kammelna Games! has been acquired by Turkish game developer Peak games! a maker of social games.
Sources familiar with the matter has confirmed to ArabCrunch the deal and said the price tag was 10 million USD in cash and stocks.
Kammelna is a web based card games popular among Saudis...
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