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MENA’s Digital News, Week #27

A weekly round up of the top headlines from the digital sector in MENA, covering startups, corporate and the public sector.

Investments & Acquisitions

Brimore, egypt’s manufacturer to consumer platform, raises $800k from Algebra Ventures and Endure Capital, with participation from 500 Startups, Flat6Labs, and some angel investors http://bit.ly/2FI3Mcd 

Social Champ, Pakistani media planning solution, raises $100k from Oman’s OTF Wadi (2nd investment into Pakistan this year) http://bit.ly/2OHEAqe

Forward Delivery, Dubai based last mile delivery, raises $2.6M in a pre-series A from multiple investors including Saudi-based Al Rajhi “family members” http://bit.ly/2HNdP3b

Property Finder increases stake in Turkish property platform Zingat to 40% http://bit.ly/2CPt9s9 

Sector News

Google Assistant launches in Arabic [AR] http://bit.ly/2I2fwJo 

Egyptian Competitive Authority (ECA) launches review into Uber-Careem acquisition deal http://bit.ly/2uAoO7v 

Sarwa launches “Halal and Socially Responsible Investing (SRI)” investment portfolios http://bit.ly/2uDk40Y

Bahrain’s Al Salam Bank and Arab Financial Services (AFS), launch a digital pay-roll solution for unbanked blue-collar workers in Bahrain http://bit.ly/2Vnodld

Aramex Builds Integration with WhatsApp Business Solution via Nexmo APIs https://prn.to/2uLIKEA

Zoho launches Zoho One for startups in Saudi Arabia http://bit.ly/2ONUgsa

Long Reads

Fintech in Francophone Africa (including Morocco, Tunisia, Algeria) http://bit.ly/2UnL1nP 

Cleantech in MENA by Arzan VC http://bit.ly/2WBNKYc 

BECO Capital‘s Investment Periodic Table http://bit.ly/2OPMTjT

Magnitt’s Startup Ecosystem in the Arab World WEF Report http://bit.ly/2UqsO9g


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