In another funding round led by returning investors, Lebanon-based cybersecurity startup Myki raised $4 million in Series A funding, bringing the total to $5.2 million. The round was led by returning investors including Dubai-based venture capital firm BECO Capital along with Beirut-based LEAP Ventures and B&Y Venture Partners. Myki looks to tap up its U.S. […]
ConsenSys will hold a blockchain developer training and hackathon in Lebanon, with free places for refugees. The blockchain services and development company will hold the three-day blockchain developer training and two-day hackathon in Lebanon on 17th October. The course will cover the workings of blockchain technology to its applications and features, to give participants in-depth […]
A Lebanese startup that helps diabetics closely monitor their daily food and medicine intake has been selected for a $50,000 equity investment and will soon travel to Silicon Valley. Spike, an app founded by serial entrepreneur Ziad Alame, was selected among a newly graduated batch of seven startups trained by Speed, which held a demonstration […]
Billionaire Ayman Hariri — whose Lebanese prime minister father was assassinated in 2005 and whose half-brother Saad is the current prime minister — is taking on Mark Zuckerberg. The 39-year-old Hariri’s new social sharing platform Vero — billed as an anti-Facebook app — has soared in popularity from just 200,000 users a month ago in […]
The Olive Grove co-working space for entrepreneurs officially launched in Hamra, Lebanon on November 18, 2017. Lebanon-based industrial manufacturing group, INDEVCO, has funded the establishment of The Olive Grove, a co-working space for Lebanese start-ups and small businesses. The space provides office and meeting rooms, equipment, and mentorship. Located in Hamra within close proximity to […]
Most Lebanese will say that their cuisine, one of the most popular in the Middle East, rests on their specific spices, herbs, and fresh fruits and vegetables. If you sit down to a Lebanese table, you will soon notice that presentation also plays a prominent part and that they rarely, if ever, eat alone. Its […]
It had to be one of Lebanon’s top resolutions for 2016 when Banque du Liban Governor Riad Salameh pledged at the BDL Accelerate event in December to see to the establishment of an electronic stock exchange for small and medium enterprises. “Our aim for the year 2016 is to succeed in the launching of an […]
Lebanon has the necessary human capital and talents to be placed as a regional and international hub for startups, said Marianne Howayek, head of the Governor’s Executive Office at Banque Du Liban. “Of course we are not going to compete with Silicon Valley but we can definitely compete with other ecosystems worldwide and be placed […]
Ziad Sankari learned his father’s heart attack could have been prevented. So he got to work. For Ziad Sankari, a family tragedy was the spur that got him to start a business. Twelve years ago, his father died of a heart attack—a painful loss in itself, but even more so when Mr. Sankari learned that […]
The plans to create a successful startup and entrepreneurial ecosystem are tentatively falling into place in Lebanon. From Circular 331 to the launch of new accelerators, the sector has changed dramatically over the last five, or even three, years. Executive brings you a small overview of some of the latest developments and challenges to the […]