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.
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.
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.
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.
MENA VC funding Surges to $1.2B in Q3 2025, beats Southeast Asia : MAGNiTT Reports
MENA’s startup ecosystem breaks records with $3B in venture funding in 2025 — surpassing Southeast Asia for the first time, led by UAE and Saudi Arabia.
UAE bets $12 Billion on space to power its next economic frontier
Backed by a $12 billion investment and a surge in private partnerships, the UAE is turning its space ambitions into an economic engine — positioning itself as the Middle East’s emerging hub for space technology and innovation.
Jordan’s Engagesoft secures $3.5 million to power AI-Driven employee engagement
Engagesoft, founded in Jordan by brothers Omar and Tareq Tahboub, has raised $3.5 million in a pre-Series A round led by Silicon Badia to expand its AI-driven employee engagement platform across MENA.
Blackstone expands Middle East footprint with Lunate logistics alliance
Blackstone and Lunate launch GLIDE, a $5 billion GCC logistics investment platform targeting warehouses and industrial assets.
Saudi Developer ROSHN expands PropTech push with $350,000 hackathon for 2025
Saudi Arabia’s PIF-backed developer ROSHN launches its third PropTech Hackathon for 2025, inviting innovators to reimagine real estate through AI, sustainability, and smart infrastructure. Here’s how to apply, what’s at stake, and why it matters for the Kingdom’s PropTech revolution.