Dubai-based EMPG-owned Moroccan property portal Mubawab acquires Jumia House in some areas Mubawab, the leading real estate portal of Morocco that was acquired by Dubai-based Emerging Markets Property Group last year, has acquired Jumia’s property portal Jumia House in Morocco, Tunisia & Algeria, Mubawab announced today.
Dubai-based heavy equipment rental marketplace Tenderd raises $5.8 million in seed funding Dubai-based heavy equipment renal marketplace for the construction industry has raised $5.8 million in what it’s calling the largest ever seed funding round of MENA from some of the leading investors of Silicon Valley and the region.
UAE fintech startup Foloosi raises Pre-SEED funding Foloosi, a UAE Fintech startup facilitating consumer-to-business card payments through several ways by enabling businesses to display QR code, share Payment Links and API integrations makes it possible to accept card payments without the need of a POS machine.
Dubai’s Al Masah Capital-owned PE firm makes first investment in Malaysia Al Najah Education, a private equity investment firm owned by Dubai-based alternative asset management firm Al Masah Capital, has made its first investment in Malaysia by acquiring a significant stake in Regent International School.
Dubai’s The Luxury Closet close its growth round with $11 million The Luxury Closet, a Dubai-based ecommerce platform for pre-owned luxury goods including watches, handbags, clothing, shoes, and accessories, has raised $2.3 million in fresh funds to close its growth funding round with $11 million, the startup announced today.