Aayan backs Kuwait’s Dawi in move toward digital healthcare growth
Aayan Leasing and Investment acquires a strategic stake in Dawi, Kuwait’s leading digital healthcare app, marking its expansion into the healthtech sector.
Qashio strengthens GCC presence with purchase of Saudi firm Sanad Cash
UAE-based fintech Qashio has acquired Saudi platform Sanad Cash to accelerate its expansion in the Kingdom’s fast-growing cashless economy under Vision 2030.
1001 AI raises $9 million to expand AI infrastructure across the GCC
London and Dubai-based startup 1001 AI raised $9 million in seed funding led by CIV Capital, General Catalyst, and Lux Capital to expand its AI infrastructure platform across the GCC.
UAE’s CADO raises US $4.5M expand into Saudi Arabia and New York
UAE-founded gifting platform CADO closes US $4.5 million pre-seed round to deepen Saudi expansion and launch in New York, signalling a MENA-to-global scale play.
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.