Rocket Internet announced Namshi, its Middle Eastern online fashion retailer, has raised $13 million led by Summit Partners to sustain growth.
Facebook might have almost fully penetrated core markets such as the U.S. and Europe, two regions in which the world's largest social network's growth is slowing. But there's still plenty of room to grow in the MENA regions: the Middle East and North Africa countries.
Turkey is a tantalizing market for entrepreneurs. Yet the breakthrough many in Anatolia’s entrepreneurship space are waiting for seems distant.
Guest Post While Mitt Romney and Barack Obama debate foreign policy in the Middle East, they may be overlooking a big, positive movement the region is experiencing: the growth of its tech sector.
A new piece of malware called Madi is spreading in the Middle East, and it has a number of the same characteristics as the Flame virus — known to be a major step in cyber-espionage.
The year-old malware comes in …
Update: The United Nations is sending out a warning to member countries about cyberwar tool Flame.
Iran has confirmed the presence of a new and highly complex piece of malware targeted at Middle Eastern countries. The virus, called …
An extremely complex virus infecting computers in the Middle East called Flame was made public today. It’s being likened to the Stuxnet virus, which attacked Iranian nuclear systems in 2010.
“Flame can easily be described as one of the most …
Peak Games, a maker of social games in Turkey, is acquiring Saudi Arabia’s Kammelna Games to expand its presence in the fast-growing social game market in the Middle East.
With more than 20 million monthly active users, Peak Games says …
Here are the startups that presented at the big Turkey start-up-investor event 4ki Istanbul last week.
I saw some great technology, but one consistent weakness was on the marketing side. Many Turkish entrepreneurs are so focused on building their product …
Guest Post
Developing markets are gaining speed and Middle East countries with young populations are at rise. With populations that are truly enthusiastic towards innovation, they are coming on strong in the technological market.
Lately, emerging markets’ key focus area has been …
Peak Games has raised $11.5 million for its plan to become a social gaming powerhouse in emerging markets, the company announced today.
The Istanbul-based company has also acquired two small game studios in Turkey and now ranks among the top …
When a Middle Eastern country is in the thick of an uprising, it’s almost expected that challenged governments will shut shut down the Internet to hinder protesters from communicating.
Syria on Friday became the latest country to follow the trend: …
