Guide to setting up companies in DAFZA

Guide to setting up companies in DAFZA

The Dubai Airport Free Trade Zone Authority or DAFZA was established in 1996 and is a shopping center with direct access to Dubai Airport, one of the busiest airports in the world. Many DAFZA companies benefit not only from airport access and international market entry, but also from an amazing…

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Dubai buy now pay later platform Postpay raises $10 million from Afterpay & AP Ventures

Dubai buy now pay later platform Postpay raises $10 million from Afterpay & AP Ventures

Postpay, a Dubai-based buy-and-pay startup, has raised $ 10 million from the world’s leading buy-and-pay-later companies, After pay and Australia’s AP Ventures, the company said in a statement Monday. Thanks to this funding round, Post pay’s total funding to date is $ 35 million. The startup has previously raised $…

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$415m raises in Funding from Kitopi UAE Cloud Company led by SoftBank

$415m raises in Funding from Kitopi UAE Cloud Company led by SoftBank

Kitopi, which is a Dubai-based cloud kitchen startup, announced in a statement that it has raised $415 million through Series C, led by Softbank’s Vision Fund 2. This is one of the largest rounds of funding ever raised by a venture capital firm in the mid region East and North…

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Mumzworld - Best Story for a startup in MENA region

Mumzworld – Best Story for a startup in the MENA region

Becoming a mother is the most wonderful feeling in every woman’s life. There is no doubt that when she becomes a mother, her responsibility never ends. The little sacrifices a mother makes can go a long way in ensuring the best possible conditions for her children. Therefore, the happiness of…

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Investments Egypt’s Money Hash raises pre-seed investment to build a super API for payments

Investments Egypt’s Money Hash raises pre-seed investment to build a super API for payments

Cairo-based financial technology company MoneyHash announced today in a statement that it had raised upfront investment led by COTU Ventures by Amir Farhi, but did not disclose the exact size of the deal. Africa Early VC Platform, Kepple Africa Ventures and some business angels also participated in this funding round….

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Dubai’s Zip24 raises $1.2 million for its logistics SaaS products

Dubai’s Zip24 raises $1.2 million for its logistics SaaS products

Dubai-based logistics software as a service (SaaS) startup zip24 has raised $ 1.2 million in pre-production funding led by London-based Sturgeon Capital and business angels from the UK and GCC countries. These include Hayaat Group, Teqvisory, and Robert Kay. Zip24 was founded by former Amazon (MENA) executives Muzaffar Karabaev and…

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Saudi’s Tamer Group acquires Dubai-based Mumzworld

Saudi’s Tamer Group acquires Dubai-based Mumzworld

The Tamer Group, a Saudi company interested in healthcare, beauty, and FMCG, is acquiring Mumzworld, the region’s leading e-commerce platform for maternity and baby products, the company said in a statement. The financial details of the deal were not disclosed. The Jeddah-based company that imports, distributes, promotes, markets, and manufactures…

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