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CAIRO: Startups in Egypt have started to gain momentum with several ventures securing funding to boost expansion efforts to the Kingdom.  Following a period of startup funding stagnation, Egyptian founders have made their way back to the regional venture capital space with a flurry of investment deals and expansion strategies already in place.  Egyptian fintech startup Waffarha has secured a...

RIYADH: Dutch-based automobile manufacturing corporation Stellantis is planning to expand its product range in Saudi Arabia by introducing smart cars and light commercial vehicles into the market, an official has revealed.  In an interview with Arab News, Samir Cherfan, chief operating officer of Stellantis in the Middle East and Africa, said that the company’s Dare Forward 2030 plan aims to...

UAE-based logistics startup Shorages has raised a $1 million pre-Series A funding round, led by Joa Capital, as part of their S3...

Kuwait-based social commerce Mojo has raised a seven-figure Seed round, led by existing pre-Seed investors, Joa Capital and Emkan...

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