Picus Capital makes first MENA bet with Cercli’s $12 million Series A round
UAE-based HR-tech startup Cercli raises $12 million in Series A funding led by Picus Capital to expand its AI-native workforce management platform globally.
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 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.
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...
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.
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.
Saudi Arabia’s Tabby launches in-house AI infrastructure
Tabby launches an AI factory in Saudi Arabia powered by NVIDIA HGX to process data locally, improve fraud detection, and personalize fintech services.
Bahrain seals 38 fintech deals at Fintech Forward 2025
Fintech Forward 2025 in Bahrain wrapped up with 38 major partnerships, including Google Cloud’s instant payment pilot with NBB, BisB, BBK, and BENEFIT. The event marked a turning point for Bahrain’s fintech strategy — from hype to hands-on integration — positioning the kingdom as the Gulf’s new testbed for digital banking, tokenization, and real-time finance.