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Maqsad, a Karachi-headquartered edtech startup has raised $2.8 million in a seed round, it announced today. The round was led by Speedinvest, one of Europe’s largest seed funds, and included participation from returning investor Indus Valley Capital, Stellar Capital, Alter Global, Johann Jenson (SVP Product at GoStudent), and other strategic angels. The startup said that ...
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MENAbytes
The US and Ukraine struck a major deal granting American companies privileged access to key metals and minerals in Ukraine. Read more ›
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Ukraine launched an awards program that gives points to units that kill Russian soldiers or destroy their tanks. Those points can buy new tech. Read more ›
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Tools for Humanity, a startup co-founded by Sam Altman, has launched its its World eyeball-scanning identity verification system in the US. During an event in San Francisco, Altman reportedly said that World's technology provides "a way to make sure humans remained central and special in a world where the internet had a lot of AI-driven content." Altman is also one of the founders and is currently the CEO of OpenAI,... Read more ›
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Elon Musk also said the informal government department could run through to the end of Trump's term in 2028, two years longer than initially expected. Read more ›
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President Donald Trump has been targeting American law firms with executive orders that threaten to destroy them. Read more ›
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Microsoft is raising the prices of its Xbox Series S / X consoles, Xbox controllers, and even some new Xbox games around the world. Starting today, Microsoft says it has adjusted its recommended retailer pricing for its Xbox consoles and controllers worldwide, and that it’s also planning to adjust the pricing of some of its […] Read more ›
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The billionaire ripped into a recent report that claimed his company wants him gone. Read more ›
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Commerce Secretary Howard Lutnick told CNBC that maintaining robots in factories will be the kind of jobs people will soon do for their whole lives. Read more ›
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Google today announced that it is starting to roll out a dedicated AI Mode tab for Google Search. A "small percentage" of people in the United States will start seeing the AI Mode option "in the coming weeks." AI Mode is a feature that Google has been testing with its Labs feature. It is a dedicated search option like News, Images, and Shopping, providing AI answers to queries directly in... Read more ›
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Kohl's said it fired CEO Ashley Buchanan in an SEC filing on Wednesday. Buchanan served as CEO for less than four months. Read more ›
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Nvidia and Anthropic have publicly locked horns over the extremes Chinese smugglers are willing to go to in order to acquire sanctioned GPUs. Read more ›
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"Knives Out" director Rian Johnson disagrees with Ted Sarandos, who called movie theaters "outdated." He wants his next movie in theaters. Read more ›
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Airbus and Delta Air Lines are using the same tactic from a past trade war to avoid tariffs by sending aircraft to other countries. Read more ›
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"That will work now," Sen. Thom Tillis said of Trump blaming Biden for the stock market. "It won't work six months from now." Read more ›
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Katy Perry went to her first Met Gala in 2009. The singer has been making bold appearances at the event for many years since then. Read more ›
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Patreon plans to update its iOS app with new functionality that will allow creators to accept payments from followers without having to pay Apple's in-app purchase fees, a Patreon spokesperson told The Verge. This is a huge moment for creators and their businesses. The iOS app is the number one platform for fan engagement on Patreon, and we believe this ruling allows creators to get paid without giving Apple 30... Read more ›
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After losses in February and March, Ken Griffin's $65 billion manager made money in April. Read more ›
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A few short years ago, Harvey Weinstein was widely considered the monster against which all other alleged sexual abusers were measured. As he begins his New York state retrial for a series of rape and sexual assault charges over a period of years, that consensus has broken. To see just how wide of a cultural […] Read more ›
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Anthropic announced better research skills and new software integrations for its flagship gen AI tool. Read more ›
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The largest investors in Donald Trump’s crypto coin have been promised a private audience with the president. The arrangement could put Trump at odds with the Constitution and add fuel to calls for his impeachment, experts say. Read more ›
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MENAbytes
Tambi Jalouqa, former CEO of Amman-based pre-seed VC Propeller, has launched Maza Ventures, a new seed fund aimed at backing software and deeptech startups, with a focus on founders from the Middle East and North Africa. The launch comes after he stepped down from Propeller earlier this year, where he spent over eight years and ... Read more ›
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Homzmart, the Egyptian furniture ecommerce platform, has launched a standalone logistics platform focused on large and bulky shipments. The new company, called Lifters, aims to serve not only Homzmart’s own customers but also third-party businesses across Egypt. The move is led by Homzmart’s co-founder and COO, Ibrahim Mohamed, who has deep experience in logistics. Before ... Read more ›
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Noon, the leading ecommerce platform in the Middle East has partnered with Abu Dhabi-headquartered ADNOC Distribution, the UAE’s largest fuel and convenience retailer, to accelerate last-mile delivery across the country, the two companies announced on Wednesday. As part of the partnership, noon will set up Noon Minutes fulfillment hubs inside ADNOC Distribution service stations, the ... Read more ›
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Calo, the Saudi-headquartered foodtech startup, has expanded into the United Kingdom with the acquisition of two local prepared meal delivery brands, Fresh Fitness Food and Detox Kitchen, a UK publication The Grocer reported on Thursday. The UK expansion marks Calo’s first international move outside of the GCC, as the startup looks to build on its ... Read more ›
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Fuze, a UAE-based fintech building financial infrastructure for businesses, has received a Retail Payment Services and Card Schemes (RPSCS) license from the Central Bank of the UAE, the company announced on Monday. The new license will allow Fuze to offer card payment services to businesses across the UAE, enabling them to accept payments, settle transactions, ... Read more ›
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Saudi Arabia-based iMENA Group has raised $135 million in a pre-IPO investment led by Sanabil Investments, a wholly owned company of the Public Investment Fund (PIF), the company announced on Sunday. The round also saw participation from global venture capital firm FJ Labs, known for backing marketplace platforms, as well as Saygin Yalcin, the founder ... Read more ›
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UAE-based private market infrastructure platform Zest Equity has raised $4.3 million in a pre-Series A funding round led by Prosus Ventures, with participation from Morgan Stanley Inclusive & Sustainable Ventures (MSISV), it announced today. Founded in 2021 by Zuhair Shamma and Rawan Baddour, Zest Equity originally started as a marketplace to enable secondary share trading ... Read more ›
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Newly listed Saudi beauty ecommerce platform Nice One reported a 10.2% year-on-year increase in net profit for the first quarter of 2025, reaching $6.4 million (SAR 24.1 million), the company announced today. The Riyadh-headquartered company saw its revenue jump 30% to $86.7 million (SAR 324.97 million) compared to the same period last year, driven by ... Read more ›
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Jeddah-headquartered subscription management platform Techrar has raised $1.6 million in a funding round led by Wa’ed Ventures, the venture capital arm of Saudi Aramco, it announced on Sunday. Founded in 2022 by Ahmed Salama, Safwan Saigh, Fozan Alkhalawi, Rania Shaker, and Ahmed Saeed, Techrar enables businesses to manage subscriptions, memberships, and recurring billing, through its ... Read more ›
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Saudi-based fitness app Miran has merged with Egyptian wellness platform Welnes to create a comprehensive health and fitness solution combining AI-driven technology with personalized coaching services, the companies announced yesterday. Founded in 2017, Miran offers workout tracking, exercise libraries, and personalized fitness programs. The app provides users with tailored workout routines and diet plans, through ... Read more ›
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Most popular sources
Business Insider
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58% 3 |
Wired
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10% 7 |
Engadget
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7% 6 |
The Verge
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5% 3 |
Gizmodo
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3% 6 |
| View sources » | |
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01.05.2025 16:54
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