Foodics Invests in Funding Souq to Expand Restaurant Financing
Saudi-based fin-tech Funding Souq has secured a strategic investment from Foodics, which becomes a major investor in the round. The investment amount and ownership stake were not disclosed. The deal will expand embedded financing for restaurants and SMEs in Saudi Arabia and the UAE. What Funding Souq does Founded in 2020 by Martin Jaouni, Funding Souq runs a Shariah-compliant SME…
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Foodics Invests in Funding Souq to Expand Restaurant Financing
Saudi-based fin-tech Funding Souq has secured a strategic investment from Foodics, which becomes a major investor in the round. The investment amount and ownership stake were not disclosed. The deal will expand embedded financing for restaurants and SMEs in Saudi Arabia and the UAE. What Funding Souq does Founded in…
July, 2025
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Oraseya Capital Doubles Venture Fund to USD 272.3M
Oraseya Capital, the investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), now manages a venture capital fund of USD 272.3 million (AED 1 billion). The fund was previously USD 136.2 million (AED 500 million). As a result, it can finance more high-growth companies and back their expansion into regional and global markets. What changed at Oraseya Capital DIEZ…
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Foodics Invests in Funding Souq to Expand Restaurant Financing
Saudi-based fin-tech Funding Souq has secured a strategic investment from Foodics, which becomes a major investor in the…
JustAd Raises $5M to Expand Into New Markets
UAE-based JustAd has secured $5 million from angel investor Imad Jomaa to expand into new markets. Founded in…
Oraseya Capital Doubles Venture Fund to USD 272.3M
Oraseya Capital, the investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), now manages a venture capital…