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Foras AI increases stake in Beban to support AI adoption across Egypt and MENA

Foras AI increases its stake in Beban as part of its Egypt market entry strategy, linking MENA expansion with broader regional digital transformation goals under Vision 2030 and Egypt’s innovation ecosystem.

Raza1d ago2 min read

Global financial services firm Apex Group opens Qatar Financial Centre office

Apex Group expands its global footprint with a newly regulated office in Qatar Financial Centre (QFC), strengthening its asset servicing, fund administration, and corporate solutions offerings in the Middle East.

Raza1d ago2 min read

Global financial services firm Apex Group opens Qatar Financial Centre office

SaaS & EnterpriseGlobal Expansion

CADO enters Qatar to build unified GCC gifting infrastructure

UAE based premium gifting platform CADO has launched in Qatar, strengthening its GCC footprint and building a unified, cross-border corporate gifting infrastructure across the region.

RazaFeb 112 min read

CADO enters Qatar to build unified GCC gifting infrastructure

Logistics & Supply ChainVision 2030

Saudi Arabia accelerates advanced manufacturing and logistics with WAM Saudi 2026

WAM Saudi 2026 brings together global innovators, investors, and policymakers as Saudi Arabia accelerates its journey to become a global manufacturing hub under Vision 2030.

RazaFeb 22 min read

Saudi Arabia accelerates advanced manufacturing and logistics with WAM Saudi 2026

Government & PolicyVenture Capital

Qatar unveils 10 year residency program to attract global entrepreneurs and executives

Qatar launches a 10 year residency program for entrepreneurs and senior executives while expanding its venture capital fund by $2 billion to attract global talent and diversify its economy.

RazaFeb 22 min read

Qatar unveils 10 year residency program to attract global entrepreneurs and executives

Artificial IntelligenceSeed Funding

UAE’s A47 raises $2M to build AI native news platform

UAE media tech startup A47 has raised USD 2 million in pre seed funding to build an AI native news platform that prioritises verified, structured, and personalised information, addressing fragmented feeds and misinformation in digital news consumption.

MoJan 232 min read

UAE’s A47 raises $2M to build AI native news platform

Artificial IntelligenceSaaS & Enterprise

OpenCX secures $7M backed by Shurooq and Sadu Financial

UAE’s customer experience software provider OpenCX has raised $7 million in a funding round led by strategic and institutional investors, including Shurooq and Sadu Financial, to accelerate product development and regional expansion of its AI enabled CX platform.

RazaJan 212 min read

OpenCX secures $7M backed by Shurooq and Sadu Financial

Logistics & Supply ChainSeed Funding

Yamm raises seed round to scale post purchase automation in Saudi Arabia

Saudi Arabia’s post purchase automation startup Yamm has closed a seed funding round co led by Vision Ventures and Arzan Venture Capital, with participation from 2Pi Ventures, Plus VC, and F6 Ventures, to accelerate its return and refund automation platform across e commerce markets.

RazaJan 132 min read

Yamm raises seed round to scale post purchase automation in Saudi Arabia

Artificial IntelligenceFintech

UAE fintech Mal raises $230M to launch AI native Islamic digital bank in 2026

Mal has raised $230 million in a strategic investment round led by BlueFive Capital to develop, license, and launch an AI native Islamic digital bank in the UAE, targeting a 2026 rollout.

RazaJan 132 min read

UAE fintech Mal raises $230M to launch AI native Islamic digital bank in 2026

Artificial IntelligenceSeed Funding

Funch lands $500K Pre Seed to shake up UAE Workplace Meals

UAE based lunch subscription startup Funch raises a US$500,000 pre seed round to launch its AI native flexible lunch service, reflecting stronger investor interest in food-tech across the UAE.

RazaNov 292 min read

Funch lands $500K Pre Seed to shake up UAE Workplace Meals

Artificial IntelligenceSeed Funding

Mastiska Secures $10M to build UAE’s first sovereign AI Chips

UAE-based semiconductor startup Mastiska has raised USD 10 million in seed funding from GCC sovereign wealth funds to develop data centre class AI inference accelerators and launch a fabless chip venture focused on regional AI autonomy.

RazaNov 272 min read

Mastiska Secures $10M to build UAE’s first sovereign AI Chips

FintechGulf Region

Saudi fintech Erad raises $125M to expand embedded SME Lending in Gulf

Saudi fintech Erad has secured a USD 125 million credit facility with Jefferies and Channel Capital to scale SME financing across the GCC, expanding working-capital access for SMEs amid a regional credit gap.

RazaNov 272 min read

Saudi fintech Erad raises $125M to expand embedded SME Lending in Gulf

Digital TransformationGulf Region

Revibe secures $17M to scale refurbished electronics marketplace

UAE-based refurbished electronics startup Revibe raises $17 million in Series A funding to scale its refurbished device marketplace across the Gulf and emerging markets, doubling down on quality controls, sustainability and cross-region expansion.

RazaNov 262 min read

Revibe secures $17M to scale refurbished electronics marketplace

Seed FundingArtificial Intelligence

MidLyr raises USD 2.5M to expand in Egypt & Middle East

MidLyr, an Egyptian-led enterprise-AI startup, has raised USD 2.5 million in pre-seed funding to expand into Egypt and the Middle East, targeting banks and fintechs with its regulation-focused platform.

RazaOct 292 min read

MidLyr raises USD 2.5M to expand in Egypt & Middle East

Artificial IntelligenceVision 2030

Aramco strengthens digital portfolio with HUMAIN investment, combining AI efforts with PIF

Saudi Aramco signs agreement with PIF to acquire a significant minority stake in HUMAIN, consolidating Saudi Arabia’s AI capabilities to advance Vision 2030 and position the Kingdom as a global hub for artificial intelligence and digital innovation.

Emily CarterOct 282 min read

Aramco strengthens digital portfolio with HUMAIN investment, combining AI efforts with PIF

Digital TransformationTalent & Workforce

If tech can't speak Arabic, it can't scale

Arabic users are the internet’s fastest-growing audience, yet global tech still designs in English. Startups such as Lucidya, Nanovate and AlTibbi are building the Arabic-first web from the ground up.

Noura KhalidOct 222 min read

If tech can't speak Arabic, it can't scale

Artificial IntelligenceCorporate Innovation

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.

James WhitemoreOct 192 min read

Saudi startup Foodics partners with AWS to scale AI-driven restaurant solutions

Gulf RegionSaaS & Enterprise

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.

MoOct 152 min read

Oman’s ITHCA invests $20M in U.S. chipmaker Movandi

Digital TransformationStartup Ecosystem

Gen Z is quietly building the Middle East’s next economy

Gen Z founders in Saudi, UAE & Egypt are redefining entrepreneurship, turning social reach into scalable businesses powered by tech and payments.

MoOct 152 min read

Gen Z is quietly building the Middle East’s next economy

FintechBlockchain & Web3

Paribu steps into the Gulf with $240M CoinMENA takeover

Paribu acquires a majority stake in CoinMENA at a $240M valuation, expanding its regulated crypto presence across Bahrain and Dubai in one of Türkiye’s largest fintech deals.

RazaAug 122 min read

Paribu steps into the Gulf with $240M CoinMENA takeover

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