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B&Y Ventures launches Lebanons first angel investor network LAIN

B&Y Venture Partners has launched the Lebanese Angel Investor Network the first structured angel fund of its kind in Lebanon. The $5 million vehicle is backed by Lebanon's Ministry of Technology and already exceeded its initial commitment target at launch.

James Whitemore22h ago2 min read

Digital TransformationStartup Ecosystem

TruKKer secures $300 million securitisation facility from ADCB

TruKKer has closed a $300 million trade receivables securitization facility with ADCB as sole arranger marking one of the first multi-jurisdictional asset-backed deals ever completed for a GCC technology startup.

Irfan22h ago2 min read

TruKKer secures $300 million securitisation facility from ADCB

FintechStartup Ecosystem

Tamara posts SAR 123 million profit in Q1 with 378% year on year growth

Tamara posted SAR 123.4 million in net profit in Q1 2026 a 378% jump from the same period a year earlier. The Saudi BNPL unicorn has now delivered sequential profit growth for two straight quarters confirming its shift toward operational sustainability.

Mira Sen1d ago2 min read

Tamara posts SAR 123 million profit in Q1 with 378% year on year growth

Government & PolicyStartup Ecosystem

Hido secures new investment to scale local tourism experiences in KSA

Hido the Saudi app connecting visitors with local guides and cultural experiences has closed a new investment round backed by the Tourism Development Fund. The platform has been supported by the TDF since its seed round in 2022.

Arin Sol1d ago2 min read

Hido secures new investment to scale local tourism experiences in KSA

FintechGulf Region

a16z makes its first GCC bet with a $25 million round in Stitch

Andreessen Horowitz has made its first-ever GCC investment by leading a $25 million Series A in Riyadh-based fintech Stitch. The platform processed $5 billion in transactions in six months and grew revenue twentyfold in 2025.

Irfan2d ago2 min read

a16z makes its first GCC bet with a $25 million round in Stitch

CybersecurityArtificial Intelligence

Lyrie.ai exits stealth with $2 million to secure AI agents

Lyrie.ai has come out of stealth with $2 million to build the security layer for AI agents. The Dubai-based platform is releasing an open cryptographic standard for agent identity and trust while preparing for a Series A targeting enterprise and government markets.

Emily Carter2d ago2 min read

Lyrie.ai exits stealth with $2 million to secure AI agents

Women in TechFintech

Snoonu invests in HASIF to digitise SME accounting in Qatar

Snoonu has backed HASIF a Qatari AI-powered accounting startup through its Startup Factory initiative. It is the program's second investment following Sufra AI and signals Snoonu's shift from platform operator to active ecosystem builder.

Mira Sen2d ago2 min read

Snoonu invests in HASIF to digitise SME accounting in Qatar

Venture CapitalHealthTech

Hakeem Health raises $1.65 million to scale AI clinical tools in GCC

Hakeem Health has raised $1.65 million led by Merak Capital to scale HakeemDx its AI clinical decision support platform across GCC hospitals. The bilingual tool integrates with EMR and lab systems to give clinicians real-time evidence-based guidance at the point of care.

Emily Carter4d ago2 min read

Hakeem Health raises $1.65 million to scale AI clinical tools in GCC

Acquisition & M&AStartup Ecosystem

How Beltone VC turned its Bosta bet into a 75% IRR exit

Beltone Venture Capital and Citadel International Holdings have exited Bosta with a 75% IRR. It is the fifth successful exit for Beltone since its 2023 launch and the second from its joint fund with Citadel.

Irfan5d ago2 min read

How Beltone VC turned its Bosta bet into a 75% IRR exit

Saudi ArabiaSaaS & Enterprise

Gabster gets $500K to bring all customer channels into one AI inbox

Saudi AI startup Gabster has raised $500,000 in pre-seed funding from Muqrin Al Rajhi Investment and T2. The platform unifies more than ten communication channels and uses AI agents to automate customer interactions and business operations.

Emily Carter6d ago2 min read

Gabster gets $500K to bring all customer channels into one AI inbox

Startup EcosystemSaudi Arabia

Saudi delivery startup Ninja eyes $1 billion IPO in late 2026

Ninja has tapped Citigroup, Goldman Sachs, Riyad Capital, and UBS for a potential $1 billion IPO on the Saudi Exchange. The delivery unicorn generated $1 billion in revenue in 2025 and is targeting $1.6 billion in 2026.

Irfan6d ago2 min read

Saudi delivery startup Ninja eyes $1 billion IPO in late 2026

Accelerators & IncubatorsFintech

QFTH launches Wave 8 for early stage fintech startups in 2026

Qatar Fintech Hub has opened applications for Wave 8 of its fintech program running June to September 2026. Accepted startups can receive up to $75,000 in funding with the deadline set for May 31.

Jace RynMay 82 min read

QFTH launches Wave 8 for early stage fintech startups in 2026

FintechStartup Ecosystem

Solvytix Venture Studio enters Egypt as a co-founding tech partner

Solvytix has launched a venture studio in Egypt to co-found and build technology startups from the ground up. The studio embeds as an operating partner rather than a service provider taking shared responsibility for execution from day one.

Arin SolMay 72 min read

Solvytix Venture Studio enters Egypt as a co-founding tech partner

FintechVenture Capital

Mubadala leads $15 million Series A in UAE SME lender CredibleX

Mubadala Investment Company has led CredibleX's Series A as part of a $15 million equity raise. The UAE embedded finance lender has now raised over $170 million across equity and debt in under three years.

IrfanMay 72 min read

Mubadala leads $15 million Series A in UAE SME lender CredibleX

E-commerceVenture Capital

Siin raises $3 million to scale live commerce across the GCC

Siin has raised $3 million to scale live commerce across the GCC. The Bahrain-born platform lets users buy and sell through interactive livestreams and already operates across six Gulf markets.

RazaMay 62 min read

Siin raises $3 million to scale live commerce across the GCC

Startup EcosystemVenture Capital

Ineffable Intelligence raises $1.1B to build a superlearner AI

A months-old British AI lab with no product and no revenue just raised $1.1 billion at a $5.1 billion valuation. Ineffable Intelligence is betting reinforcement learning will reach super-intelligence first.

Emily CarterMay 42 min read

FintechGulf Region

MENA startup funding hits $150 million in April but debt tells the real story

MENA startup funding climbed to $150 million across 27 deals in April 2026, a 211% jump from March's near-historic low. But half of that capital moved through debt financing, revealing a market that has found its floor without fully regaining its footing.

Mira SenMay 42 min read

MENA startup funding hits $150 million in April but debt tells the real story

Barq launches global cross-border QR payments with Alipay Integration

Saudi Arabia's Barq, a licensed payment institution, has announced a strategic partnership with Alipay+, enabling its users to make cross-border QR code payments globally. This collaboration significantly expands Barq's payment network, offering enhanced convenience for travelers.

MoMay 32 min read

Barq launches global cross-border QR payments with Alipay Integration

Venture CapitalSeed Funding

The case for and against crowdfunding as a path to lasting business

Crowdfunding has evolved well beyond Kickstarter campaigns and creative projects. With equity models growing fast and the global market approaching $21 billion, the real question is whether the companies it produces are built to last or built to launch.

IrfanMay 32 min read

The case for and against crowdfunding as a path to lasting business

E-commerceEgypt & North Africa

Taager opens China supply office to strengthen MENA seller infrastructure

Taager has opened its first supply office in China, moving beyond its marketplace model to become a vertically integrated infrastructure provider. The move targets the sourcing bottlenecks that hold back thousands of social sellers across the MENA region.

Mira SenApr 302 min read

Taager opens China supply office to strengthen MENA seller infrastructure

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