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startups Archives | VentureSouq

New platform to help navigate UAE’s free zones

Source: Arabian Business / An online UAE Free Zone Navigator has been launched to help entrepreneurs, investors, and companies determine the most appropriate free-trade zone when looking to establish their presence in the country. The platform, which was launched by US legal firm Latham & Watkins and VentureSouq, compares 11…

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Dubai-based Fetchr raises $41m to help MENA expansion plans

Source: ArabianBusiness –  Fetchr tackles the “no address problem” in emerging markets, typically encountered by traditional companies delivering packages to customers. Dubai-based Fetchr, a delivery-business and consumer technology app, has secured $41 million in a Series B financing round led by New Enterprise Associates Inc. (NEA), the start-up announced. The…

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Dubai leads Arab start-ups

Source: Financial Times – Accelerators, incubators and private equity try to find the next Careem or Souq.com Two recent successes dominate the Middle East’s start-up landscape and are instructive about important trends in the sector. In February 2016, Dubai-based ecommerce marketplace Souq.com — which sells health and beauty products and…

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Investors should have more confidence in ME start-ups – Raising funds in the Middle East remains a challenge: ICAEW roundtable

Source: Arab Times – Raising funds in the Middle East remains challenging despite the great start-up ideas and the myriad opportunities that the region has to offer investors, according to accountancy and finance body ICAEW. This was the consensus during ICAEW’s Corporate Finance Faculty roundtable on venture capital in the…

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The Investor’s View: Is The App Boom Over?

Source: Entrepreneur Middle East – Author: Tammer Qaddumi, Founding Partner at VentureSouq Lately, in the entrepreneurial and tech-centric media, there’s been some discussion on whether the app boom days are over, especially in light of the ever-climbing CAC costs reported by tech startups. We asked investors based in the Middle…

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