Tamatem Games, Arabic mobile games publisher, raises $11 million in Series B funding round led by South Korean video game developer KRAFTON, Inc. The round that was led by KRAFTON, Inc., makers of the phenomenally popular battle royale game PUBG, also saw participation from Venture Souq, Endeavor Catalyst and existing investors. Tamatem has seen great […]
Unicommerce, an eCommerce-focused supply chain SaaS platform, has decided to invest $5 million to strengthen its international operations and further expand its presence in the Middle-east and Southeast Asia. The company has been consistently investing and acquiring new clients across the Middle-east and will continue to forge more strategic partnerships in the coming months. After […]
ShopperON, a social commerce live video shopping marketplace platform has launched in the UAE, enabling individuals as live stream hosts and stores to create and host their own shopping channels on the platform. Co-founded by Sylvia Dequito and Osman Sultan, it is an interactive marketplace where shoppers can ask questions and the livestream host can […]
UAE-based SaaS startup ZIWO has raised a seven-digit pre-Series B investment round from its current investors. Recently launched in Iraq and Oman, ZIWO hopes the latest round would help it grow from $10 million to $100 million in revenue. With participation from new and existing investors, the funding was upsized successfully. Renaud de Gonfreville, co-founder […]
Commercial Bank of Dubai recently inked a partnership agreement with Jebel Ali Free Zone (Jafza), the trade and logistics hub of DP World to boost entrepreneurship and support business owners. The partnership will enable Jafza trade license holders to avail CBD’s banking products and services, including exclusive digital business accounts which can be opened instantly […]
Merkle Saudi Arabia, a technology-enabled, data-driven customer experience management company has been selected by AlHokair to deliver its performance marketing strategy across its fashion, beauty and sport retail brands including Decathlon, Aldo, GAP and Flormar in the Kingdom of Saudi Arabia. The appointment follows a competitive pitch designed to consolidate performance marketing for Al Hokair’s […]
The Cairo Angels, a global network of angel investors focused on supporting startup opportunities in Egypt, the Middle East and Africa, recently announced its most recent investment in the home services marketplace FilKhedma. Founded by Omar Ramadan in 2014, FilKhedma links top technicians with customers in need of a range of services, from plumbing and […]
SAASTEPS, who recently acquired Kinetic Growth to expand its Lead-to-Revenue offerings to Salesforce Customers, started building out its Strategic Advisory Board. The company announced a strategic partnership with Buyjour to provide Salesforce Customers a B2B Frictionless Selling Solution experience. Research firms have been sounding the alarm for quite some time about a seismic shift that […]
Moody’s has acquired PassFort and plans to acquire 360kompany, two European providers of onboarding and know your customer (KYC) solutions. Financial terms of the transactions were not disclosed. The acquisition of PassFort and planned acquisition of kompany follow Moody’s recent investments in KYC capabilities. Moody’s will integrate both companies into its KYC business within Moody’s […]
YouTube announced the arrival of its YouTube Shorts Fund in each of Saudi Arabia, United Arab Emirates, Egypt, Algeria, Iraq, Bahrain, Jordan, Kuwait, Lebanon and Morocco. Starting December 5, the company will reward creators and artists who make creative and unique Shorts for their contributions. The global US$100M fund was initially announced back in May […]
