Reno attracts $4M as AI Home renovation demand surges across the Gulf
Reno raises $4M in a mixed equity and debt round to scale its AI powered renovation platform, launch a real-time design app and expand operations across the GCC.
Byit secures $1.1M to expand its Agent First Proptech Model across the Gulf
Byit raised $1.1M from A15, Beltone and angels to scale an agent first brokerage model across the Gulf, expand in Saudi Arabia and deepen partnerships with developers and service providers.
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.
Jahez invests in Doos after Snoonu acquisition and Noon merger
Saudi Arabia’s fast-commerce startup Doos has received a strategic investment from Jahez International, marking a new phase in the Kingdom’s growing quick-delivery ecosystem.
STC sets new revenue record at SAR 57.9B in first 9 months of 2025
Saudi telecom giant stc Group reports record revenues of SAR 57.9 billion for the first nine months of 2025, driven by digital services, cost efficiency, and strong demand for connectivity in line with Vision 2030.
Dubai expands Startup ecosystem with launch of FoundersHQ
H.H. Sheikh Hamdan bin Mohammed unveiled Dubai Founders HQ — a hybrid startup hub connecting founders, investors, and accelerators like Hub71 and The Garage under Dubai’s D33 agenda.
Mubadala Capital invests USD 183M in Electra Therapeutics
Abu Dhabi, October 2025 — Mubadala Capital, the asset management arm of Mubadala Investment Company, has joined a USD 183 million Series C round...
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.
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...
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.