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Cairo-based B2B ecommerce marketplace Fatura has raised $3 million in a pre-Series A co-led by Sawari Ventures and Arzan Venture Capital, it announced today. Egypt Ventures, EFG-EV, Cairo Angels, and Khwarizmi Ventures also participated in the deal. The startup has previously raised an undisclosed amount of money in a seed round in July 2020. Founded ...
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In 2024, births in Russia fell to 1.22 million — the lowest level since 1999 — while deaths increased by 3.3% annually, to 1.82 million. Read more ›
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Be extra careful where you buy your used Nintendo Switch game cards. A Switch 2 owner posted on Reddit about how their account was banned after downloading patches for a few Switch game cards they'd bought from Facebook Marketplace. The Switch 2 user contacted Nintendo support and discovered they were banned, but they provided proof of purchase and were unbanned shortly after. The Redditor said the “whole process was painless... Read more ›
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xAI explained why Grok 4 seemed to search for Elon Musk's opinions when asked about some hot-button topics. Read more ›
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Research firm LightShed partners says Apple should consider replacing Tim Cook as CEO, but the change is unlikely to occur any time soon. In a note to clients seen by Bloomberg, analysts Walter Piecyk and Joe Galone say that "Apple now needs a product-focused CEO, not one centered on logistics." Bloomberg notes that Apple shares have "badly lagged" behind rivals like Microsoft and Meta this year after losing ground in... Read more ›
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A new feature called Gemini Space would appear to be on the way, based on code hidden in Android. Read more ›
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Energy saver could become one of Windows 11's best features for laptop owners, promising even better battery life. Read more ›
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Reddit users in the United Kingdom will now be blocked from accessing “certain mature content” unless they complete the platform’s new age verification process. Reddit announced on Monday that UK users will need to upload a selfie or a photo of their government ID in order to view content that’s restricted for under-18s by the […] Read more ›
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Texas-based Oracle, a cloud technology company, announced its plans to invest $1B (approximately €855.4M) in the Netherlands over the next five years. This investment will boost Oracle Cloud Infrastructure (OCI) in the Netherlands by expanding AI capacity in the Oracle Cloud Amsterdam Region. “Organisations in the Netherlands are rapidly embracing AI and new technologies,” says ... Read more Read more ›
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Karachi-headquartered ecommerce startup Bazaar has acquired leading Pakistani payments company Keenu in a strategic move to create what it says would be the country’s first integrated commerce and fintech ecosystem. The acquisition, approved by the State Bank of Pakistan, marks the first time a major Pakistani ecommerce company has brought payments infrastructure in-house. The financial ... Read more ›
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Saudi-listed food delivery platform Jahez is acquiring a 76.56% stake in Qatar’s Snoonu for $245 million, marking its entry into the Qatari market and further expansion across the GCC, it announced in a statement today. Jahez will acquire 75% of Snoonu’s existing shares from current shareholders for $225 million in a combination of cash and ... Read more ›
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Cairo-based proptech startup Nawy has acquired a majority stake in Dubai-based SmartCrowd, marking its official entry into the GCC market. The move comes just weeks after Nawy announced a $75 million Series A fundraise led by e& Capital, with participation from global and regional investors including Partech, March Capital, and Shorooq Partners. The financial details ... Read more ›
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Cairo-based fintech Valu has received initial regulatory approval from Jordan’s central bank to launch its Buy Now, Pay Later (BNPL) service in the country, marking the company’s first expansion beyond its home market and a signal of its broader regional ambitions. The entry into Jordan comes on the heels of Valu’s recent listing on the ... Read more ›
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Noon has launched geo-targeted ads on the back of its delivery riders through a new partnership with Flyby, a UAE-based company that produces digital smart boxes for fleets, the company announced on Thursday. The rollout includes hundreds of Noon riders across the UAE, equipped with Flyby’s “Digital Delivery Boxes.” These internet-connected screens display static ads ... Read more ›
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Riyadh-based embedded insurance platform Yasmina has raised $2 million in a seed funding round led by Scene Holding, with participation from Access Bridge Ventures, Arzan VC, and early backing from Sanabil Investment Accelerator by 500 MENA, it announced today. Founded in 2023 by Masoud Alhelou and Bashar Abalkhail, Yasmina positions itself as Saudi Arabia’s first ... Read more ›
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Saudi-based alternative investment platform Sukna Capital has secured regulatory approval to launch a first-of-its-kind open-ended direct financing fund targeting SMEs in the region. The Sukna Fund for Direct Financing (SFDF), now greenlit by Saudi Arabia’s Capital Market Authority (CMA), will allow institutional investors to deploy non-dilutive, sharia-compliant capital to small and mid-sized businesses. Unlike typical ... Read more ›
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15.07.2025 08:18
Last update: 08:11 EDT.
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