Latest
Fintech
+4
Jul 10, 2025
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1 min read
Tarmeez Capital raises strategic round from stc’s Tali Ventures to scale sukuk fintech platform
The Saudi startup, which enables Sharia-compliant debt issuance at 7x traditional speeds, will use the funding to grow its platform and retail reach.
Fintech
+3
Jul 10, 2025
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2 min read
LemFi launches remittance services in Egypt to tap $29.6B diaspora corridor
The London-based fintech, fresh off a $53M Series B, is expanding its low-cost money transfer platform into Egyptas it eyes deeper penetration across North Africa.
Jordan
+4
Jul 10, 2025
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2 min read
Egypt’s Valu secures go-ahead for Jordan entry with BNPL offering
The Cairo-based fintech’s entry into Jordan marks its first move beyond Egypt, following a recent EGX listing and a strategic investment from Amazon.
Startups
+3
Jul 9, 2025
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2 min read
Dubai-based XPANCEO raises $250M Series A at $1.35B valuation to advance smart contact lenses
Founded in 2021 by Russian entrepreneur Roman Axelrod and Ukrainian physicist Valentin Volkov, Xpanceo is attempting to integrate extended reality (XR) directly into soft contact lenses.
Healthtech
+3
Jul 9, 2025
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2 min read
BioSapien extends Pre-Series A to over $8M as Globivest joins Global Ventures, Golden Gate in backing MediChipTM
The UAE and US-based healthtech startup is developing a 3D-printed, slow-release drug delivery platform for localised cancer treatment, with new capital supporting global expansion and senior hires across R&D, regulatory, and medical affairs.
Startups
+5
Jul 9, 2025
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4 min read
Nawy enters UAE with majority acquisition of SmartCrowd to expand MENA real estate investment platform
Fresh off a $52 million Series A, Egypt’s Nawy has acquired Dubai-based regulated fractional property investment platform SmartCrowd in a bid to build the region’s leading proptech ecosystem.
SaaS
+4
Jul 8, 2025
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2 min read
Rekaz raises $5 million to build OS for MENA’s service economy
The Saudi startup, backed by COTU Ventures, Impact46, and Shorooq, aims to streamline bookings, payments, and client engagement for service-based SMEs across the region.
Startups
+4
Jul 8, 2025
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2 min read
UAE proptech Huspy raises $59M Series B to double down on operations across the Middle East and expand in Europe
Founded in 2020 by Jad Antoun and Khalid Ashmawy, Huspy provides real estate agents and mortgage brokers with high commissions, powerful technology, and a unified infrastructure designed to serve buyers and sellers more efficiently.
News
+2
Jul 3, 2025
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3 min read
Aspire Space relocates to UAE, partners with LEAP 71 to build reusable orbital launch system
The Luxembourg-based company will relocate to Dubai and partner with LEAP 71 to develop a large, reusable launch vehicle and orbital spacecraft, with hot-fire testing set to begin in 2026.
Fintech
+5
Jul 2, 2025
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3 min read
EQIQ anchors $15 million seed for InstaBank, Iraq’s next-gen digital bank
Launched in 2025 by Iraqi-American banker Hussain Qaragholi, InstaBank aims to deliver scalable, AI-powered financial services to Iraq’s underserved population.
Startups
+4
Jul 1, 2025
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2 min read
Ninja becomes Saudi Arabia’s latest tech unicorn with $250M raise ahead of 2027 IPO
Founded by HungerStation’s Ebrahim Al-Jassim, the quick commerce startup is now valued at $1.5B after a round led by Riyad Capital, joining Foodics, Tamara, and Tabby among the Kingdom’s top valued tech companies.
Startups
+4
Jul 1, 2025
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3 min read
PetroApp raises $50M to expand digital fuel platform, targets 2028 IPO
The $50M round, including $45M from Jadwa Investment and participation from Bunat Ventures, will support PetroApp’s expansion into retail services, growth across regional markets, and path to an IPO by 2028.
