Archive for the ‘Startup News’ Category


Screenshot Cookpad (TSE:2193) announced today that it reached a definitive agreement to fully acquire Netsila, the Lebanese company behind Shahiya.com, the leading Arabic recipe website, for $13.5 million. Shahiya is the go-to digital cooking destination in the Arab world, with more than 3 million monthly users of which 90% are women; in Saudi Arabia al...
Screenshot Wednesday evening the winner of the Get in the Ring Regional Final of the Middle East, better known as ‘The Olympics for Startups’ was selected in Riyadh, Saudi Arabia. It was the first ever Regional Final of Get in the Ring hosted in the Middle East after Get in the Ring started a strategic partnership with Saudi Telecom Company (STC) i...
Screenshot Wysada, the leading luxury online retailer of home goods, décor and interior furnishings in the Middle East, today announced it has completed a Series A investment round of over $5 million. The round was led by Badia Impact Fund, a venture capital fund belonging to Silicon Badia, a global group of venture funds based in New York City and Jordan,...
Screenshot Investment in the Question Answering Application Coincides with their Release of Kngine 3.0 Which Outperforms Others By a Factor of 3 Kngine announced today it has received a new round of investment from Samsung Open Innovation Center, USA, and Vodafone Ventures Egypt. The investment round aims to help Kngine further revolutionize the question a...
Screenshot Zameen.com, Pakistan’s leading property portal, has closed a venture round with Singapore-based Catcha Group and Frontier Digital Ventures. Following this deal, both Catcha Group and Frontier Digital Ventures have acquired a substantial but non-controlling interest in Zameen.com. Zameen.com was founded in 2006 by two Pakistani entrepreneur ...
Screenshot There are a very few Bitcoin ATMs in the United States, and many more worldwide but for the Arab world until recently there has been non. For those who do not know what Bitcoin is, it is a cryptocurrency that is P2P and is not controlled by any central authority. Sergey Yusupov co-founder of umbrellab a bitcoin software company posted on T...
Screenshot Procured Health, a startup that offers help to hospitals better discover, evaluate and adopt quality medical device has raised $4 million in Serias A funds from health care-focused firm FCA Venture Partners. Procured Health is cofounded by Egyptian entrepreneur CEO of the company Hani Elias, it also previously raised $1.1 million in seed fun...
Screenshot A new up coming digital tech publication is looking for an English tech editor to cover Arab tech and startups. This is a part time job. You need to be passionate about tech and startups and with good knowledge about the tech ecosystem and the major tech and Internet players in the Arab world. It is for those who want to keep the inudstry at p...
Screenshot Mohamed Ramadan the Egyptian ethical hacker and founder of attack secure who found many security bugs in leading sites such as Twitter, Facebook, Google, Github and RedHat, has made around 2.5 Million USD update he did not make this amount because udemty offers coupons and discounts sometimes up to 90% from offering ethical hacking course on eLe...
Screenshot This autumn, L’Oréal Paris launches its first e-commerce platform in the Middle East in partnership with the exclusive online fashion store Mooda.com, where they will make their L’Oréal Paris product line available for customers in the U.A.E. The idea is to offer the total look as beauty plays such a big part in fashion. Online shoppers...
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