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MealPlanet raises $6m to transform meal plans delivery

MealPlanet, a UAE-based foodtech startup, has secured $6 million in a seed round led by regional venture capital firms. The firms included Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, Alturki Ventures as well

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MealPlanet raises $6m to transform meal plans delivery

MealPlanet, a UAE-based foodtech startup, has secured $6 million in a seed round led by regional venture capital firms. The firms included Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, Faith Capital, Alturki Ventures as well

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Airlines' blocked funds drop 28% to $1.8bn: IATA

The amount of airline funds blocked from repatriation by governments declined 28% to approximately $1.8 billion at end of April, a reduction of $708 million since December 2023, the International Air Transport Association (IATA) has reported.

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Mojo raises oversubscribed seed round; to strengthen regional presence

Mojo, the region’s leading social commerce company dedicated to beauty, skincare, and wellness, has announced the successful closure of its oversubscribed seven-figure Seed Round. The round, led by prominent investors, marks a sig

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Mojo raises oversubscribed seed round; to strengthen regional presence

Mojo, the region’s leading social commerce company dedicated to beauty, skincare, and wellness, has announced the successful closure of its oversubscribed seven-figure Seed Round. The round, led by prominent investors, marks a sig

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DFSA registers 117 new firms in 2023, 25pc increase YoY

DFSA, the region’s leading regulator, licensed and registered a record-breaking 117 firms in 2023, an increase of 25% from the previous year.    Growth in licensing was witnessed in various segments of

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Mena M&A in H1 2023 logs 318 deals valued at $43.8bn

The Mena region witnessed a total of 318 merger and acquisition (M&A) deals amounting to $43.8 billion in the first half (H1) of 2023.    The GCC region accounted for the majority of deals – 254, v

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Mena M&A in H1 2023 logs 318 deals valued at $43.8bn

The Mena region witnessed a total of 318 merger and acquisition (M&A) deals amounting to $43.8 billion in the first half (H1) of 2023.    The GCC region accounted for the majority of deals – 254, v

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Saudi Venture Capital launches new investment product

Saudi Venture Capital Company (SVC) has announced the launch of a key product, in partnership with Capital Market Authority (CMA) and Financial Sector Development Program.   A government investment company, SVC w

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SVC launches new investment product in pre-IPO funds

Saudi Venture Capital (SVC) has signed a MoU with Saudi bourse Tadawul at the Saudi Capital Market Forum (SCMF) 2023 for the launch of a key investment product - Investment in Pre-IPO Funds.   A government invest

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