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Well, that fervor is now causing an international shortage of pistachios. Instantly recognisable by its vibrant green filling, TikTokers flooded the platform with enthusiastic taste tests of the bar , which is sold exclusively in the UAE. Remember when TikTok went nuts for Dubai chocolate?
As of April 9, the company began testing operations in the Greater London area and opened up category onboarding for international and export-oriented brands in segments such as maternity and baby care, as well as toys. New users are also eligible for discounts of up to 90%.
Chinas Li Auto has established after-sales and service centers in several Middle Eastern countries and set up an independent department to oversee its efforts to boost its international expansion.
” Much of the funding will go toward Infarm’s international expansion plans, with sights set on the U.S., In 2018, Crop One announced a 130,000-square-foot farming facility set to open in the UAE. Canada, Japan and additional parts of Europe. The company is also set to spread into more Asia-Pacific markets and the Middle East.
EIH Automotive&Trading is a subsidiary of investment conglomerate Ethmar International Holding (EIH), chaired by Sheikh Hamdan bin Mohammed bin Zayed al Nahyan, a son of the countrys founding sultan, according to its website. Geely-affiliated Zeekr signed sales agreements with partners in UAE, Saudi Arabia, Qatar and Bahrain last month.
As Senior Technical Analyst at GlobalData, Beatriz Vale explains “It will be exciting to follow the evolution of the new AI CoE, in the stimulating environment offered by Hub71, and within the context of the fast-growing market of Abu Dhabi and the UAE, the second largest economy in the Arab world.”
The investment will enable us to transform the lives of hundreds of thousands of drivers across the continent, accelerate international expansion, and continue our pioneering initiatives in the mobility space,” said MAX co-founder and CEO Adetayo Bamiduro. Chinedu Azodoh is the startup’s other co-founder.
Obviously, there was a lot of buzz about the financial meltdown, especially in a place like Dubai that has built itself up as a major international business center (Dubai as an emirate has relatively little oil compared to some of the other gulf emirates).
General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. . Trendyol , an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 The deal marks SoftBank’s first in the country.
Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. He adds that since Odiggo taps into a mix of data sources — including car metrics and internal software, it will use that same information to provide more product offerings. The company also works directly with over 300 merchants.
At the same time, it has raised $35 million in a Series C funding round led by UAE-based investor Mubadala. They have succeeded in going global; becoming competitive in 10 new international markets.”. Now the Amsterdam HQ-d startup is rebranding as “ Borzo ” to bring its operation in 10 different countries under one.
It will also be continuing to add more countries to its international footprint, with its next launches expected in Southeast Asia. A number of outsized startups have emerged in India with massive coffers of funding to grow domestically, with little in the way of international strategy. And with nearly 1.4
The ACT development comes after Riiid said that the former CEO of ACT, Marten Roorda, was joining its international arm Riiid Labs as its “executive in residence,” so that could point to more ACT prep applications for other markets, too. What is notable here is that Riiid has also been anchoring a lot of its R&D in IP.
After penetrating the Japanese market, Riiid will gear up to enter other international regions, including Central and East Asia, the spokesperson added. . Beyond the TOEIC mobile app, the company launched an ACT prep mobile app with ConnectMe Education in early 2021 in Egypt, Turkey, UAE, Jordan and Saudi Arabia.
The BNPL provider has raised $104 million in total Series B funding and plans to use this extension round to expand its consumer product offering and facilitate its international expansion, it said in a statement. Its two main markets are Saudi Arabia and the UAE. What’s your BNPL startup really worth?
The platform also processes domestic and international bank transfers with low foreign exchange rates and transaction fees. . With APAC and MENA churning out several unicorn level enterprises every year, it is indeed making a big wave on the global frontier,” said Shaji.
A few international family offices and proptech founders also joined this round. . Silkhaus’s engineering team, split across the UAE city and Bangalore, is currently building out its technology stack, the company said in a statement. Sequoia Capital India and Founders Fund back UAE-based proptech startup Huspy in its $37M round.
and EMEA-based investors, will be pivotal to its international expansion. One such partner is the newly rebranded UAE-based telecom operator, e&; its VC arm, e& capital , launched a $250 million fund this week. Seven existing investors participated as well. Asia, and Europe.
Ashraf Sabry, CEO of Fawry, said the investment in Mylerz is part of its strategy “to build an integrated commerce ecosystem in Egypt and explore international expansion opportunities with strong partners like Mylerz and Lorax.”.
based VCs Global Founders Capital (GFC) and Goodwater Capital and UAE-based early-stage firm VentureSouq. This investment is coming after the startup’s undisclosed pre-seed round last year. This financing welcomed participation from fintech giant Visa, Y Combinator, U.S.-based
It delivers packages of all kinds for merchants and retailers — ranging from mom and pop stores and social media to fashion retailers who make thousands of shipments and international brands — to customers in Egypt. On the fulfilment side, ShipBlu stores merchants’ products in warehouses it leases.
Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital.
In 2017, iMile was founded by Rita Huang, a former employee of Chinese tech giants Huawei and Alibaba Cloud, in Dubai, UAE. The company targets the Middle East delivery market. In 2021, TikToks parent company ByteDance participated in the companys Series A funding round with an investment of $10 million. LatePost, in Chinese ]
The round, which is a combination of equity and debt financing, lists investors from the Middle East, including DisruptAD and (the VC arm of ADQ, an Abu Dhabi-based sovereign wealth fund), and SHUAA (a major UAE asset management and investment banking firm). But it’s not the core of their business.
In 2024 the company launched its AI Security Platform, which protects enterprise data by securing, auditing, and monitoring all active generative AI models a company may be using, regardless of the model vendor or whether the model is hosted internally or externally. The market is responding to Calypsos shift toward AI observability.
But SaaS solutions to manage the flow of these shipments, collaborate internally with different departments within the company such as sales, customer service, finance and accounting, and aggregate data from multiple ERP systems are few and far between. African tech took center stage in 2021.
The startup is eyeing Southeast Asia, the UAE and Europe as its first potential global markets. The startup, which currently has a workforce of 620 people, is also looking to widen its headcount and hire more engineers and operation teams as it plans expansion, first in India and then internationally.
Li said the brand will extend its competitive advantage by going electric, thanks to its parent companys three-decade history of making internal combustion engines and Chinas lead in electrification. The plug-in hybrid version has two electric motors to handle tough terrain with a maximum torque of 610 Nm and travels 15.8
It’s an evolving and highly complex overlapping area of international regulations, taxes, and corporate policy.). There’s a large voluntary market for carbon credits beyond the traditional and rather outdated carbon credits. For now, however, the goal is simply to prove that the system works as expected at the scales hoped for.
Zenda is digitizing school pay in Africa : As someone preparing to send my oldest to college in two short years, I was intrigued by Annie ’s coverage of how UAE-based Zenda is helping parents on the other side of the world, with its sights now set on Africa, pay school fees online rather than having to provide bank deposit slips as proof of payment.
Meituan, Chinas local services platform, is accelerating its global expansion with a renewed focus on grocery retail, international markets, and artificial intelligence, CEO Wang Xing announced in a recent internal meeting. Among the three priorities Wang Xing has set, international expansion is progressing the fastest.
Agency for International Development. ” There are “times the United States has been kind of pushy in international affairs, which may resonate with some members of the audience,” Musk said, speaking to the crowd in the UAE, an autocratically ruled nation of seven sheikhdoms. 11, 2001, terror attacks.
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