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B2B e-commerce startup Capiter removes co-founders for “inability to fulfill duties”

Stepping up to the plate is Majid El Ghazouli, Capiter’s CFO, who will act as interim CEO until the Nouh brothers “return and allay the concerns of employees, suppliers, creditors and stakeholders.”

Egyptian startup Convertedin secures $3M in seed round to develop platform

The funding round was led by Saudi Arabia headquartered Merak Capital with participation from 500 Global and MSAS

Ecommerce platform The Fashion Kingdom raises $2.6M in funding round

The platform has garnered more than 200 local and international brands, serving more than 135,000 customers, according to TFK

MNT-Halan expands already diverse range of services with Talabeyah acquisition

Currently, MNT-Halan provides FinTech services including small business and consumer lending, payments, and e-commerce, as well as delivery and ride-hailing services

Tax Authority publishes new guides for tax regs for online services and ecommerce

Rules and instructions for tax treatments for content creators, which includes YouTubers, bloggers, and influencers were included in the second guide