[UAE]
MINI EXCHANGE RAISES $3M
UAE startup Mini Exchange has closed a $3 million round with its original and new investors, according to Arabian Business.
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[LEBANON/CHINA]
FALAFEL GAMES SCORED FRESH FUNDING
Middle East Venture Partners (MEVP) and Kafalat iSME Programme, a $30 million initiative funded by the government of Lebanon and World Bank, has invested $2.6 million in Falafel Games, a developer of game applications.
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[UAE]
PURE HARVEST RAISED $1.1M
Pure Harvest Smart Farms, an agri-tech startup in the field of hydroponics, has raised $1.1 million from Abu Dhabi-based Shorooq Investments.
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[UAE]
INSTASHOP RAISES FUNDS FROM SOUQ.COM
Hyperlocal grocery ordering app InstaShop has raised an undisclosed amount of funding from Souq.com, the region’s e-commerce major. As the sole investor participating in this round of funding, Souq takes “a significant minority stake” in InstaShop
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[LEBANON]
ANGHAMI RAISED A SERIES B
Anghami, the music streaming company in the MENA region, announced that it has raised an undisclosed amount in a Series B investment round led by private equity firm Samena Capital. UAE-based telecommunications service provider –‘du’ also subscribed to the fundraising and entered into a commercial agreement with Anghami.
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[EGYPT]
RISEUP EXPLORE
Deadline November 15: Fancy going on a startup trip of a lifetime? Apply to enter the #RiseUp Explore Competition, where you'll pitch to win a seat on a curated trip to one of these 2 bustling cities; SILICON VALLEY or BERLIN! Apply here.
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[EGYPT]
APPLY FOR 13TH ROUND OF TIEC'S INCUBATION PROGRAM
Deadline November 5: If you have a business plan and a prototype and you are looking for incubation. Now you can apply to TIEC incubation at any time during the year. The Incubation package includes: Up to 120K EGP of in-kind services such as consultancy services, software, hardware, a working space, basic hardware and software tools and access to business consulting and mentoring. Apply here.
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[LEBANON]
APPLY TO MITEF'S 10TH ARAB STARTUP COMPETITION
Deadline January 4: This year’s competition includes three tracks: Ideas, Startups, and Social Entrepreneurship, with total prize on offer totalling USD $160,000. Each of the three tracks will award the first three ranked winners with cash prizes in addition to other benefits including: top tier training, mentorship, media exposure, and networking opportunities. Apply here.
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[EGYPT]
FLAT6LABS SECURES $1M
Sawari Ventures & Flat6Labs create a ‘hybrid’ model that encompasses both seed and early/growth stage investments. The validity of this ‘hybrid’ model has been tested in Egypt over the past 4-years and can be replicated.
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[KSA]
KAUST LAUNCHES A NEW ACCELERATOR TO SUPPORT ENTREPRENEURSHIP
King Abdullah University of Science & Technology (KAUST) launched Taqadam, a new university startup accelerator encouraging student projects. This accelerator is a six month program that will host 20 to 30 teams. The teams with the most potential will receive seed funding from SABB and the KAUST Innovation Fund of between $20,000 to $40,000.
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We are hiring a Social Media Coordinator. Responsibilities include: communicating with the agency on campaigns, posting and tracking campaigns, managing online promotion etc.. Digital experience required. Branding/copyright are a plus. | To apply send your CV to dalia@riseup.co
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Nile Project is hiring a Communications Manager | To apply submit your cover letter and resume to work@nileproject.org
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Eat app is looking for a Customer Happiness Executive | apply here
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[UAE]
SOCIAL MEDIA WEEK
15-16 November
Social Media Week is coming to Dubai making it the first city in the Middle East to host the event. The event is divided into four tracks: Social Enterprise, Social Lifestyle, Social Playground, and Social Drama. You will have 15 minutes to pitch your business idea. Apply here
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