Telr ,a payment gateway that offers businesses a set of application programming interfaces and tools to enable them to accept and manage online payments, has been one of top business news lately.
OpenSooq is the MENA region's leading destination for automobiles, real estate, electronics, and fashion. They have reduced their costs by 10 percent and increased performance by 15 percent.
The financial sector is undergoing a period of profound transformation in Dubai, driven by digital technologies and innovation that will reshape financial services and make them more competitive, inclusive, and less centralized.
Forbes Middle East’s list of the Middle East’s Top 25 Fintech Companies for 2022 from e-payment to open banking and crypto Asset exchanges.
The founder of iMENA and CEO of OpenSooq, Adey Salamin, has been awarded the King Abdullah II Ibn Al-Hussein Medal for Excellence in recognition of his great role in the field of entrepreneurship, technology and applications.
UAE-based car subscription platform Carasti has announced that it raised $2 million. The round was co-led by Rua Growth Fund and Net ventures. Carasti was founded in 2019 as an online platform offering a flexible 1-24 month car subscription service. It gained popularity very first as the platform was designed to let users seamlessly choose, upgrade, downgrade, or swap their car seamlessly through their app.
Creative Zone has collaborated with Abu Dhabi Department of Economic Development and twenty-three other governmental and private entities, including Telr, to establish a mSME enabling platform titled “Setup in Abu Dhabi”.
Lucidya announces its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals. Existing Lucidya investors also participated in the round, including Venture Souq.
Telr has recently been listed as one of the Middle East’s Top 50 Most-Funded Startups by Forbes Magazine.
In honor of International World Children’s Day, Jeeny was a proud contributor in Accept Me, an event created by SOS Children Village’s Jordan.
His Majesty King Abdullah has recently held a meeting with various emerging technology companies in the country to emphasize the importance of their role and discuss the challenges they face.
Cashfree Payments, a leading payments and API banking solutions company, has announced an equity investment of $15 million in Telr, a leading payment service provider (PSP) in UAE and Saudi Arabia. With this investment, Cashfree becomes one of the largest shareholders in the company.
SellAnyCar.com has recently announced their $122 million regional expansion plan with the launch of Carnab.com.
The past year has seen significant growth in UAE's fintech industry, with almost half of MENA's fintech companies based in the country. Digital banking is becoming increasingly competitive, cryptocurrency more accepted, and e-commerce has been driving the sector's growth.
Rua Growth Fund is proud to announce their investment in CoinMENA.
Founder and Managing Director of iMENA Group, Khaldoon Tabaza, said that the primary opportunities for investing in artificial intelligence applications are through various online business patterns.
Award-winning online payment gateway Telr has recently announced their partnership with the first licensed direct digital lender in the UAE and MENA region, LNDDO. Together they have introduced a new credit facility program named “Telr Finance” which will finance Telr’s small and medium enterprises (SMEs) merchants as they expand their businesses.
As a result of a collaboration with tabby, a prominent BNPL company in the UAE and KSA, Telr, an online payment gateway, has established a "Buy Now Pay Later" service. Telr and tabby are partnering to bring Telr merchants a payment method that will elevate their market position and promote their e-commerce business.
In an interview with Al-Jazeera, chairman of OpenSooq, Khaldoon Tabaza, who serves on the board of Jeeny and is an investor through investment group iMENA, of which he is the founder and managing director, said, "The pandemic has been a great accelerant for adoption and usage of e-commerce services...In a business like OpenSooq, users have turned to our application to search and find whatever they need, be it a car or an apartment, facilitating their lives tremendously...What we have seen, also, is that after the lockdowns were partially and fully lifted in many countries, that this increase and surge in traffic to e-commerce businesses in the MENA region has persisted."
Led by the Saudi Jordanian Investment Fund (SJIF), OpenSooq.com is pleased to announce that it has raised USD 24 million to facilitate its coming phase of growth. OpenSooq.com is a Jordan-based, mobile-first site that specializes in classified ads, equipping Middle Eastern and North African consumers and SMEs with a platform to trade across different economic sectors and connect with a multitude of service providers.
As of March 2021, Telr and PayPal are collaborating to enable Telr users in the UAE to receive PayPal payments from online customers. This collaboration is significant as it will bolster Telr payment methods and allow Telr users to sell all over the global market.
Thanks to a multi-year partnership with AC Milan, Jeeny has become the official On-Demand Transportation Partner of the Men's and Women's First Team in Jordan, UAE, and Saudi Arabia.
UAE, Dubai, October 28, 2020: A new service called TelrShops (www.telrshops.com) was launched today by the UAE based online payment gateway Telr.
$35m investment from the Saudi Public Investment Fund, the online car trading marketplace SellAnyCar.com is expanding operations to Saudi Arabia under the name “Kayishha”.
In collaboration with 16 restaurants in Dubai, ReserveOut - The Middle East’s leading online restaurant reservation platform and table management software provider launched a ‘Eat to Rebuild Beirut’ campaign to help raise funds.
Abbas Zuaiter (also known to many of you as Eddy Zuaiter) from Greenwich, Connecticut on the east coast of the United States a friend, a seasoned global investor, and one of the first investors in the tech industry in our region, Co-Managing Member & Chief Investment Officer at Zuaiter Capital Holdings, LLC.
Hany Al-Sonbaty from Cairo, one of the people who influenced the internet industry in the region, currently Co-Founder and Managing Director of Sawari Ventures, an Egypt-focused Venture Capital Fund, and Flat6Labs, a start-up accelerator.
In an interview with Al-Arabiya, Khaldoon Tabaza; founder and Managing Director of iMENA Group, spoke about the performance of technology start-ups during the gradual easing of the lock-down period, the opportunities available to them in this time, and the challenges they face.
Mohammad Jaffar from Kuwait, Deputy Chairman & CEO Faith Capital Holding, and also founder of Talabat.com, an online food ordering company that was acquired by Delivery Hero in 2015 for $170m, in what was considered a milestone in the history of venture capital and entrepreneurial ventures in the Arab world.
Saygin Yalcin from Dubai, Founder and CEO of SellAnyCar. In this second part focus on Saygin’s own journey and what young founders and VCs can learn from him.
Saygin Yalcin from Dubai, Founder and CEO of SellAnyCar, an online marketplace where users can sell their cars in less than 30 minutes that has become the largest car trader in the UAE and the region without owning or renting a single showroom.
Saudi Venture Capital Company (SVC) signed an investment agreement with Rua Growth Fund – a Saudi-based Venture Capital fund with a primary focus on early and growth-stage technology companies in Saudi Arabia.
An OpenSooq success case study was published on Facebook for Business, explaining how OpenSooq meets its customer needs with WhatsApp business API.
In collaboration with the SOS Children's Villages Jordan, Jeeny launched a humanitarian initiative during the holy month of Ramadan.
Endeavor Jordan announces the selection of Adey Salamin, CEO of the leading classifieds online marketplace OpenSooq.com into its global network of high-impact entrepreneurs.
Our superheroes have been working day and night to help their clients and communities overcome these difficult times. Together, we will emerge stronger than ever.
Saygin Yalcin, Founder & CEO of SellAnyCar.com, the Middle East's first car buying service sent a heartwarming message to his team expressing his support and encouraging them to stay safe and be optimistic during these challenging times.
ReserveOut’s "Support your Local Restaurant" campaign in addition to others are made to ease the situation and provide some momentarily solution to all partners.
The latest edition of the Step Conference, the leading tech festival for emerging markets took place in Dubai Internet City.
Jeeny was proud to co-sponsor the launch event of the group "Be Influential" which was held at the Gerasa Hotel on Saturday 15/02/2020.
In association with Dubai Food Festival, Time Out Dubai 2020 Restaurant Awards took place on February 19, 2020, in a spectacular ceremony at JW Marriott Marquis Dubai, sponsored by ReserveOut.
MEFTECH is the Middle East's longest-running Banking, Finance & Financial Technology event.
Dubai Restaurant Week bookings available exclusively through the official booking partner ReserveOut.
The UAE’s SellAnyCar.com has secured new funding of US$35 million, bringing the total funding amount raised since inception to approximately US$50 million.
Jeeny sponsors MDL Beast, the largest music festival in the world, playing a big part in the historic event.
Telr secures funding and appoints a new CEO, Khalil Alami, with plans to break into new markets.
In an interview with CNBC, iMENA’s founder Khaldoon Tabaza commented on Uber’s $3.1 billion takeover of Middle Eastern rival "Careem".
Atlantis, The Palm announced the launch of its third annual Culinary Month, from November 3 to December 5, for which ReserveOut will be the exclusive payment and reservation portal.
iMENA Group exits JRD after acquisition by Property Finder
We are delighted to announce the launch of PropSpace Go. The full feature mobile app for real estate professionals.
iMENA’s founders, Khaldoon Tabaza and Adey Salamin, discuss with Venture Magazine their group’s future in an ever-changing tech ecosystem, why a great deal of the region’s most successful online businesses originate in Jordan, and what it takes to build a successful startup.
Telr ,a payment gateway that offers businesses a set of application programming interfaces and tools to enable them to accept and manage online payments, has been one of top business news lately.
OpenSooq is the MENA region's leading destination for automobiles, real estate, electronics, and fashion. They have reduced their costs by 10 percent and increased performance by 15 percent.
The financial sector is undergoing a period of profound transformation in Dubai, driven by digital technologies and innovation that will reshape financial services and make them more competitive, inclusive, and less centralized.
Forbes Middle East’s list of the Middle East’s Top 25 Fintech Companies for 2022 from e-payment to open banking and crypto Asset exchanges.
The founder of iMENA and CEO of OpenSooq, Adey Salamin, has been awarded the King Abdullah II Ibn Al-Hussein Medal for Excellence in recognition of his great role in the field of entrepreneurship, technology and applications.
UAE-based car subscription platform Carasti has announced that it raised $2 million. The round was co-led by Rua Growth Fund and Net ventures. Carasti was founded in 2019 as an online platform offering a flexible 1-24 month car subscription service. It gained popularity very first as the platform was designed to let users seamlessly choose, upgrade, downgrade, or swap their car seamlessly through their app.
Creative Zone has collaborated with Abu Dhabi Department of Economic Development and twenty-three other governmental and private entities, including Telr, to establish a mSME enabling platform titled “Setup in Abu Dhabi”.
Lucidya announces its second round of funding of $6 million led by Rua Growth Fund with participation from M.A.L Ventures and AlRashed Group, and other international Venture Capitals. Existing Lucidya investors also participated in the round, including Venture Souq.
Telr has recently been listed as one of the Middle East’s Top 50 Most-Funded Startups by Forbes Magazine.
In honor of International World Children’s Day, Jeeny was a proud contributor in Accept Me, an event created by SOS Children Village’s Jordan.
His Majesty King Abdullah has recently held a meeting with various emerging technology companies in the country to emphasize the importance of their role and discuss the challenges they face.
Cashfree Payments, a leading payments and API banking solutions company, has announced an equity investment of $15 million in Telr, a leading payment service provider (PSP) in UAE and Saudi Arabia. With this investment, Cashfree becomes one of the largest shareholders in the company.
SellAnyCar.com has recently announced their $122 million regional expansion plan with the launch of Carnab.com.
The past year has seen significant growth in UAE's fintech industry, with almost half of MENA's fintech companies based in the country. Digital banking is becoming increasingly competitive, cryptocurrency more accepted, and e-commerce has been driving the sector's growth.
Rua Growth Fund is proud to announce their investment in CoinMENA.
Founder and Managing Director of iMENA Group, Khaldoon Tabaza, said that the primary opportunities for investing in artificial intelligence applications are through various online business patterns.
As a result of a collaboration with tabby, a prominent BNPL company in the UAE and KSA, Telr, an online payment gateway, has established a "Buy Now Pay Later" service. Telr and tabby are partnering to bring Telr merchants a payment method that will elevate their market position and promote their e-commerce business.
In an interview with Al-Jazeera, chairman of OpenSooq, Khaldoon Tabaza, who serves on the board of Jeeny and is an investor through investment group iMENA, of which he is the founder and managing director, said, "The pandemic has been a great accelerant for adoption and usage of e-commerce services...In a business like OpenSooq, users have turned to our application to search and find whatever they need, be it a car or an apartment, facilitating their lives tremendously...What we have seen, also, is that after the lockdowns were partially and fully lifted in many countries, that this increase and surge in traffic to e-commerce businesses in the MENA region has persisted."
Led by the Saudi Jordanian Investment Fund (SJIF), OpenSooq.com is pleased to announce that it has raised USD 24 million to facilitate its coming phase of growth. OpenSooq.com is a Jordan-based, mobile-first site that specializes in classified ads, equipping Middle Eastern and North African consumers and SMEs with a platform to trade across different economic sectors and connect with a multitude of service providers.
As of March 2021, Telr and PayPal are collaborating to enable Telr users in the UAE to receive PayPal payments from online customers. This collaboration is significant as it will bolster Telr payment methods and allow Telr users to sell all over the global market.
Thanks to a multi-year partnership with AC Milan, Jeeny has become the official On-Demand Transportation Partner of the Men's and Women's First Team in Jordan, UAE, and Saudi Arabia.
UAE, Dubai, October 28, 2020: A new service called TelrShops (www.telrshops.com) was launched today by the UAE based online payment gateway Telr.
$35m investment from the Saudi Public Investment Fund, the online car trading marketplace SellAnyCar.com is expanding operations to Saudi Arabia under the name “Kayishha”.
In collaboration with 16 restaurants in Dubai, ReserveOut - The Middle East’s leading online restaurant reservation platform and table management software provider launched a ‘Eat to Rebuild Beirut’ campaign to help raise funds.
In an interview with Al-Arabiya, Khaldoon Tabaza; founder and Managing Director of iMENA Group, spoke about the performance of technology start-ups during the gradual easing of the lock-down period, the opportunities available to them in this time, and the challenges they face.
Saudi Venture Capital Company (SVC) signed an investment agreement with Rua Growth Fund – a Saudi-based Venture Capital fund with a primary focus on early and growth-stage technology companies in Saudi Arabia.
An OpenSooq success case study was published on Facebook for Business, explaining how OpenSooq meets its customer needs with WhatsApp business API.
In collaboration with the SOS Children's Villages Jordan, Jeeny launched a humanitarian initiative during the holy month of Ramadan.
Endeavor Jordan announces the selection of Adey Salamin, CEO of the leading classifieds online marketplace OpenSooq.com into its global network of high-impact entrepreneurs.
Saygin Yalcin, Founder & CEO of SellAnyCar.com, the Middle East's first car buying service sent a heartwarming message to his team expressing his support and encouraging them to stay safe and be optimistic during these challenging times.
ReserveOut’s "Support your Local Restaurant" campaign in addition to others are made to ease the situation and provide some momentarily solution to all partners.
The latest edition of the Step Conference, the leading tech festival for emerging markets took place in Dubai Internet City.
Jeeny was proud to co-sponsor the launch event of the group "Be Influential" which was held at the Gerasa Hotel on Saturday 15/02/2020.
In association with Dubai Food Festival, Time Out Dubai 2020 Restaurant Awards took place on February 19, 2020, in a spectacular ceremony at JW Marriott Marquis Dubai, sponsored by ReserveOut.
MEFTECH is the Middle East's longest-running Banking, Finance & Financial Technology event.
Dubai Restaurant Week bookings available exclusively through the official booking partner ReserveOut.
The UAE’s SellAnyCar.com has secured new funding of US$35 million, bringing the total funding amount raised since inception to approximately US$50 million.
Jeeny sponsors MDL Beast, the largest music festival in the world, playing a big part in the historic event.
Telr secures funding and appoints a new CEO, Khalil Alami, with plans to break into new markets.
Atlantis, The Palm announced the launch of its third annual Culinary Month, from November 3 to December 5, for which ReserveOut will be the exclusive payment and reservation portal.
iMENA Group exits JRD after acquisition by Property Finder
We are delighted to announce the launch of PropSpace Go. The full feature mobile app for real estate professionals.
New Property Portal Offers Consumers and Agents in Saudi Arabia an Advanced and User-Friendly Property Search Experience
Our superheroes have been working day and night to help their clients and communities overcome these difficult times. Together, we will emerge stronger than ever.
In an interview with CNBC, iMENA’s founder Khaldoon Tabaza commented on Uber’s $3.1 billion takeover of Middle Eastern rival "Careem".
Abbas Zuaiter (also known to many of you as Eddy Zuaiter) from Greenwich, Connecticut on the east coast of the United States a friend, a seasoned global investor, and one of the first investors in the tech industry in our region, Co-Managing Member & Chief Investment Officer at Zuaiter Capital Holdings, LLC.
Hany Al-Sonbaty from Cairo, one of the people who influenced the internet industry in the region, currently Co-Founder and Managing Director of Sawari Ventures, an Egypt-focused Venture Capital Fund, and Flat6Labs, a start-up accelerator.
Mohammad Jaffar from Kuwait, Deputy Chairman & CEO Faith Capital Holding, and also founder of Talabat.com, an online food ordering company that was acquired by Delivery Hero in 2015 for $170m, in what was considered a milestone in the history of venture capital and entrepreneurial ventures in the Arab world.
Saygin Yalcin from Dubai, Founder and CEO of SellAnyCar. In this second part focus on Saygin’s own journey and what young founders and VCs can learn from him.
Saygin Yalcin from Dubai, Founder and CEO of SellAnyCar, an online marketplace where users can sell their cars in less than 30 minutes that has become the largest car trader in the UAE and the region without owning or renting a single showroom.