Startups

Storytel Acquired Kitab Sawti

Swedish audiobook streaming service, Storytel, is acquiring UAE-based audiobook competitor, Kitab Sawti. The Arabic audiobook platform will combine its audio content lineup with the Swedish group’s Storytel Arabia to form ...

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Amazon home services launced in UAE

Amazon has launched home services in the United Arab Emirates to allow customers to buy and schedule different professional services including house cleaning, electronics repair, car wash, pet grooming, and ...

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Sony to invests $250 million in Fortnite maker Epic Games

Sony has invested $250 in Epic Games, the creator of battle royale sensation Fortnite. Both companies announced the move on July 9, and said that the investment will bring them ...

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Saudi Arabia overtakes Turkey in mobile games consumer spend amid Covid-19 says Tamatem.co

The country has seven times more average revenue per user than China, highest in the world, Tamatem COO says Jordan-based mobile games publisher for the Arabic speaking market – Tamatem ...

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Dubai’s GrubTech raises $2 million

Dubai-based restaurant and cloud kitchen management platform GrubTech has raised $2 million in a seed round, it announced today. The startup did not share the names of the investors but ...

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Mubadala invests $1.2 billion in Jio Platforms

Mubadala, the Abu Dhabi-based sovereign investor has announced today that it is investing $1.2 billion in Idnain’s leading digital services company Jio Platforms. The investment will be made at an ...

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