Great news for Saudi youth as Mawhiba signs agreement with Mohammed bin Rashid Al-Maktoum Global Initiatives to support and develop young Saudi talent;

LUNCH:ON ranked in Crunchbase’s Top 50 Hot Tech Companies Globally, making LUNCH:ON the only company from the region to receive this recognition;

Washmen, the Dubai-based mobile-native dry cleaning and laundry service, has raised 6.2M$ Series-B round led by AddVenture with participation from Cedar Mundi Ventures, Henkel and others to solidify its operations in the UAE and expand its digital technology hub in Lebanon;

Dubai’s FlexxPay raises investment to offer salary advances to employees on behalf of their employers, and the payments are made through Abu Dhabi Commercial Bank;

Lebanese Shopify-like ecommerce management platform ‘Ecomz’ raises $4 million Series A led by local VC Cedar Mundi Ventures and joined by iSME Lebanon, a government led funding initiative, and BLC Bank;

Kuwaiti beauty ecommerce startup Boutiqaat doubles valuation to $500 million in 18 months with latest investment, with this valuation and Uber’s acquisition of Careem, Boutiqaat with Property Finder is now the most valuable technology startup of the Middle East & North Africa;

COFE App, Kuwait’s beloved online coffee marketplace app, has partnered with LinkedIn, the world’s foremost professional networking site, to attract global talent;

PepsiCo is planning to replace its plastic bottles of Aquafina with aluminum cans at locations around the U.S.

Watch the first trailer for Disney’s live-action remake of Mulan;

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