Latest
Morocco
+5
May 8, 2026
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1 min read
Moroccan founders raise $5.5m pre-seed from Heartcore and Balderton for AI platform compressing real estate development timelines
Founded by Mehdi Rais and Amine Chraibi, who met through Entrepreneur First's Bridge programme in Germany and became one of the fastest teams in EF's history to receive IC approval.
Startups
+4
May 8, 2026
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1 min read
Saudi early-stage VC Khwarizmi Ventures closes Fund II first close at $70M
Fund II will invest $1 million to $5 million initial cheques into seed and Series A startups across the GCC, up from the $500,000 to $2 million range in Fund I.
Jordan
+5
May 7, 2026
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1 min read
Careem makes sweeping layoffs across multiple markets, closes Berlin office
The cuts span the UAE, Jordan, Egypt, Pakistan and Germany, with Careem yet to publicly acknowledge them.
Fintech
+3
May 6, 2026
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2 min read
Mubadala leads $15m Series A for UAE embedded finance lender CredibleX
Founded in 2023 by Anand Nagaraj, Ahmad Malik and Hassan Reda, CredibleX is an ADGM-regulated lender that provides SMEs with working capital through revenue-based financing, receivables financing and payable financing via an embedded, API-enabled platform.
Results
+5
Apr 29, 2026
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20 min read
Inside Tamara's Books
What 40 pages of audited financial statements reveal about how Saudi's first homegrown fintech unicorn rebuilt its revenue model, underwrites a lending book it didn't have twelve months ago, funds it all at rates its nearest competitor can't match, and prepares for what comes next.
Contech
+3
Apr 29, 2026
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1 min read
Saudi's BRKZ lands investment from SIDF's investment arm as supply chain platform eyes cloud manufacturing
The investment will accelerate BRKZ's evolution from a procurement digitisation platform into what the company calls cloud manufacturing.
News
+3
Apr 28, 2026
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2 min read
Bahrain's Rain acquires Saudi financial media company Digital Ma'arefa in bid to reach one million Arabic-speaking crypto followers
Digital Ma'arefa is a Saudi-based financial media company behind The Finance Memo, Crypto Memo, AI Memo and a broader newsletter and podcast network reaching more than one million followers and over 100,000 newsletter subscribers.
Fintech
+4
Apr 27, 2026
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1 min read
Dubai's Comfi raises $65M pre-Series A in equity and debt to scale B2B buy now, pay later across MENA
The company offers a B2B buy now, pay later product that allows SME suppliers to provide up to 90-day payment terms to their business customers while receiving payment themselves within 24 hours.
Foodtech
+4
Apr 27, 2026
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1 min read
Bahrain's Lola raises $3M seed to bring cake production in-house as custom orders scale across GCC
Founded in September 2023 by Othman Janahi, Lola enables users to design and order fully customised cakes through a mobile app in under a minute, choosing from thousands of designs, colours and combinations.
Jordan
+5
Apr 24, 2026
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2 min read
Jordan's Tamatem acquires Istanbul's Playable Factory, discloses $10M funding round
The acquisition integrates ad tech into what was previously a content, distribution and payments business, moving Tamatem toward controlling the full stack from game localisation through to player acquisition and monetisation.
