Wamda
WEBSep 9, 2024 · An English-Arabic business terminology translation tool. Suggest a term Request document translation Report an issue. change. Translate. Wamda is a platform of programs and networks that aims to accelerate entrepreneurship ecosystems across …
Wamda
WEBAt Wamda Capital, we invest in transformational businesses and create meaningful partnerships with entrepreneurs. Our experience in launching and growing MENA businesses, together with a community of experts and mentors at the Wamda Platform, mean our entrepreneur partners are uniquely placed to realize their vision.
Why Mumzworld is a unique story for the Arab region - Wamda
WEBJun 29, 2021 · The Mumzworld story is a triumph for e-commerce startups and the entrepreneurial ecosystem in the Arab region. The journey of the two founders - Mona Ataya and Leena Khalil, has been an incredible one so far. Both women are exceptional entrepreneurs, who are also mothers building a business while raising a family.
Pure Harvest raises $64.5 million from Korea's IMM Investment
WEBOct 27, 2021 · Press release: Pure Harvest Smart Farms (the “Company”), a leading sustainable technology-enabled agribusiness, today announced that it has secured US $64.5 million in growth capital to accelerate the Company’s expansion and technology development efforts. This latest financing round was led by Korea’s leading private investment firm ...
VentureSouq launches $50 million fund - Wamda
WEBNov 21, 2021 · GCC-based VC firm VentureSouq has launched the $50 million Mena FinTech Fund I, aiming to invest in early-stage fintech and SaaS companies across the Middle East & North Africa and Pakistan region (MENAP). The fund is backed by the Saudi Venture Capital Company (SVC) and the Jada Fund of Funds, Bahrain’s Al Waha Fund of Funds, UAE’s ...
OpenSooq raises $24 million for its classifieds marketplace
WEBNews • 07 June, 2021. Jordan-based online classifieds marketplace OpenSooq, has raised $24 million in a round led by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), with participation from iMENA Group and FJLabs. Founded in 2008 by Libyan American entrepreneur Salah Al Sharif, OpenSooq allows its users to directly sell ...
The story of Yahoo's acquisition of Maktoob [Case Study]
WEBOct 13, 2013 · In 2009, as everyone knows, Maktoob was then acquired by Yahoo!, marking Yahoo!’s entrance into the Arab world. The U.S.-based web portal had already reached 20 million regional users in English, compared to Maktoob’s 16 million, making both among the top-10 websites across the Arab World. “We think this [acquisition] is the turning point ...
Uber, Careem face $100 million tax bill in KSA - Wamda
WEBOct 17, 2021 · Uber and its Dubai-based subsidiary Careem are facing a combined tax bill worth $100 million imposed by the Saudi authorities according to a report from Bloomberg. The bills date back several years and include cumulative penalties. UAE-based Fetcher is considering filing for liquidation because of a disputed $100 million tax bill in KSA.
A deep dive into the GCC’s cloud kitchen sector [part one]
WEBJun 11, 2020 · When Uber co-founder Travis Kalanick sold most of his shares in the mobility giant to launch CloudKitchens, securing a $400 million cheque along the way from PIF, Saudi Arabia’s sovereign wealth fund, it ignited a wave of interest among the world’s tech community.With one of the world’s most successful entrepreneurs at the helm and plenty of capital, then surely this new startup was ...
Snoonu raises $5 million in Series A - Wamda
WEBApr 14, 2021 · Qatar-based super app Snoonu, has raised $5 million in the largest Series A round ever raised by a Qatari startup. The round was led by its strategic partner, Qatar Development Bank (QDB), with participation from multiple investors. Founded in 2019 by Hamad Al Hajri and Sabina Abuova, Snoonu is a …
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