Saudi startup Foodics partners with AWS to scale AI-driven restaurant solutions
Saudi-based Foodics signs a US$10 million agreement with AWS to boost AI innovation and cloud expansion across its restaurant management platform in the Middle East.
Madinah’s tech awakening from holy city to startup Hub
Madinah’s startup scene is taking shape through KEC, new venture funds, and local founders driving Saudi Arabia’s Vision 2030 innovation goals.
UAE corporate giant Crescent Enterprises launches $68M venture-building initiative
Crescent Enterprises, the Sharjah-based diversified conglomerate, has launched a $68 million (AED 250 million) venture-building programme to expand CE-Creates, its internal venture studio focused on developing high-growth and impact-driven businesses.
talabat names new CEO as shares drop 35% since IPO
talabat names Toon Gyssels CEO as competition heats up with Meituan’s Keeta expansion and Uber’s Deliveroo deal; shares 35% below IPO.
The Garage and Ministry of Energy open Taqatech applications to global startups driving the energy transition
Applications are now open for Saudi Arabia’s TAQAtech accelerator — launched by the Ministry of Energy and The Garage — to support 60 startups in hydrogen, carbon capture, and AI-driven energy innovation.
IB Ventures launches Saudi Arabia’s first $50 million biotech fund with global ambitions
IB Ventures launches Saudi Arabia’s first $50 million biotech fund, led by Dr. Hamad Al Omar and Dr. Yazeed Al Sufyani, to build a global biotech ecosystem.
Every founder’s guide to startup programs powering the UAE ecosystem
A decade ago, the UAE’s startup scene was little more than co-working spaces and a handful of free zones. Today, it’s one of the...
Chari raises $12M from SPE Capital & Orange Ventures after securing Morocco’s Central Bank license
Moroccan fintech and e-commerce startup Chari raises $12 million in a Series A round led by SPE Capital and Orange Ventures to launch a merchant super app integrating payments, FMCG orders, and financial services for small retailers.
Egyptian fintech MNT-Halan taps debt market again with $71.4M issuance
Egyptian fintech unicorn MNT-Halan raises $71.4 million in its seventh securitised bond deal to expand lending and deepen financial inclusion across Egypt.
Oman’s ITHCA invests $20M in U.S. chipmaker Movandi
Oman’s ITHCA Group leads a $40M round with a $20M investment in U.S. chipmaker Movandi, aiming to establish Muscat as a regional hub for 5G and semiconductor innovation.