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Logistics (MENA) 
The lowdown on the government’s new Entrepreneurship Ministerial Committee
The committee plans to multiply startup investments in Egypt tenfold to USD 5 bn
Watercycle Technologies raises USD 5.6 mn ahead of MENA expansion
The startup was cofounded by Egyptian water treatment technologies expert Ahmed Abdelkarim
Ariika raises USD 3 mn in series A extension funding to fuel regional growth
The funds will drive market expansion in Saudi Arabia and Iraq and enhance product portfolio
Local ins. startup Amenli secures USD 2.3 mn in funding
The company will use the new funds to expand its technological infrastructure
Supply chain tech startup Qara secures USD 2.6 mn in funding to drive expansion
The funds will help the startup further build its platform and expand into Saudi Arabia
Government lays out target to increase startup investments 10x to USD 5 bn
Madbouly met with ten local startups to discuss how the government can support the sector
Efreshli secures seed funding to fuel expansion + welcomes new co-founder
The funding round was led by Algebra Ventures
KSA’s Ayen fully acquires local startup Elmawkaa in SAR seven-figure transaction
The acquisition will allow Ayen to integrate Elmawkaa’s materials marketplace into its platform
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