Logistics (MENA) 
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French cargo blimp firm Flying Whales is eyeing a UAE production facility
The startup is set to supply 30 markets across the MENA region and India by 2027
Foodtech startup Nomu group raises USD 5 mn in seed round funding
The startup will use the funds to expand its solutions for restaurants and financing
TODAY: More updates on Iraq’s Development Road Project + VC activity for supply chain startups fell in 1Q 2023
Good morning, wonderful people. It’s an eventful end of the week in the logistics world, with plenty of updates from…
Emirati logistics startup Cargoz receives bridge funding to expand to KSA
Cargoz plans to use the funds to expand to Riyadh in the third quarter of the year
MENA e-commerce giant Noon has cut 10% of its jobs to save on costs
Noon started layoffs a year and a half ago
Egyptian trucking startup Trella to wind down its operations in Pakistan
The startup is making the exit due to economic headwinds hitting the country
UAE satellite service provider Thuraya invests USD 17.5 mn in IoT provider for logistics + transport companies
Both firms are players in the maritime, logistics and transportation industries
Swift Egypt spins off a unit of its business into new startup (exclusive)
EXCLUSIVE- Egyptian logistics solution provider Swift Egypt is spinning off a portion of its business into a new logistics startup,…
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