Mumzworld gets acquired by Tamer Group while mobile gaming to reach $4.4bn in the MENA region by 2022
Here’s a look at today's biggest tech stories in the MENA+:
- ADIO invests $20mn in digital payments platform Mobikwik
- Over 2.5mn active users on Careem Super App
- 73% consumers report shift in shopping habits geared to convenience
- Deliveroo launches 4th cloud kitchen site in UAE
- Future Office of UAE govt. launches "Future Partnerships" to boost PPP
- Tamer Group acquires online children's platform Mumzworld
- 25% Saudization in IT sector comes into effect
- STC to announce partnerships with Ericsson, Nokia, Huawei in 5G tech
- 83% Saudi SMEs confident of economic recovery in next 12 months
- Mandatory vaccination for entry to come into effect from 1st August
- Egypt Ventures invested $17.5mn in 174 startups since 2017
- Wasla Browser participates in Generation Next by Egypt Ventures
- Egypt rises to 41st in ITU Telecommunications Regulatory Performance Index
- Egypt-UAE trade grows to $4.1bn in 2020
- 73% SMEs in Egypt confident of pandemic recovery within the next year
- PPP asks govt. to withdraw 40% tax on mobile phone calls
- Board of Investment to develop policy to boost FDI in Pakistan
- $1.8bn in inbound FDI recorded in 11M FY 2020-21
- External borrowings increased 63% to $12bn in 11M FY 2020-21
- Human Rights Ministry launches digital app to curb child abuse
Other MENA+ Developments
- MENA: Regional mobile gaming market to reach $4.4bn by 2022
- GCC: No broad-based income tax expected in the Gulf region
- Kuwait: Edtech platform Edunation raises $3mn in funding
- Bahrain: Bahrain Development Bank launches Tijara digital banking platform for SMEs
- Jordan: Unido launches LevelUp Accelerator in Jordan
