Artificial intelligence

UAE plans $46 billion investment in Germany, with data centers a key focus

The United Arab Emirates plans to invest 40 billion euros in Germany as the two countries deepen their economic ties, with data center infrastructure...

Ooredoo-backed Zankore secures $3.1 billion financing for Nvidia AI cloud platform

AI platform Zankore said on Wednesday it has signed an up to $3.1 billion senior term ​loan facility to fund the rollout of ‌Nvidia-powered...

Saudi-listed Edarat secured contract to build AI data centre

Edarat Communication and Information Technology Company (EDARAT) has secured an award valued at SAR 197.8 million, including VAT, from Al Moammar Information Systems Company...

OpenAI rolls out long-awaited GPT-6 Astra

OpenAI launched its latest AI model GPT-Astra, positioned as a key push of “AGI” or “artificial general intelligence”. GPT‑6 Astra brings together years of research...

Mindsprint launches conversational AI PR Agent on Procuresprint®

Mindsprint, a technology firm offering purpose-built AI-led solutions to modernize enterprise operations, and a Wipro company, announced the launch of a new Purchase Requisition...

HUMAIN Invests in and Partners with Arabic.AI and Tarjama to Advance Arabic Language Translation and Document Intelligence

HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, announced a strategic investment in and partnership with Arabic.AI and Tarjama, bringing together HUMAIN’s...

Al Faisal Holding enters a strategic partnership with BKN301 to advance FinTech and digital banking

Al Faisal Holding, one of the largest and most diversified private sector groups in Qatar and the region, has entered a strategic partnership with...

AMD and HUMAIN Launch “AI In a Box” to Increase AI Accessibility for Saudi Arabia-based Enterprises

AMD and HUMAIN, a PIF company delivering global full-stack AI solutions, launched a new “AI in a Box” solution for enterprise users across Saudi Arabia....

RIT Dubai and Palmira Software House Sign Strategic Partnership to Advance Digital Transformation and AI in the UAE

Rochester Institute of Technology of Dubai (RIT Dubai), the Dubai-based global location of the esteemed Rochester Institute of Technology NY, USA, and Palmira Software...

Google Cloud Launches Gemini Enterprise for Financial Services

Google Cloud unveiled Gemini Enterprise for Financial Services, a purpose-built agentic AI solution engineered for financial professionals. This solution includes a Google-managed Financial Research...

Mistral and HUMAIN Announce Strategic Collaboration to Advance Sovereign AI in Saudi Arabia and Regionally

Mistral and HUMAIN announced a strategic collaboration spanning AI infrastructure, advanced model development, and the deployment of AI solutions in Saudi Arabia and across...

Fasset Hits $1B Valuation as SBI Group Leads $68M Series C to Scale AI-Powered Stablecoin Neobanking

Fasset, the AI-powered stablecoin neobanking platform, today announced it has raised $68 million in Series C funding at a $1 billion valuation. The financing...

Burson Acquires Cognitive AI Company Limbik

Burson, the global communications agency purpose-built to create value for its clients through reputation, today announced it has acquired Limbik Inc., the cognitive-AI company...

Abdallah Abu-Sheikh: Mal is building the world’s first AI-native Islamic digital financial platform

Abdallah Abu-Sheikh, Founder and CEO of Mal, said AI is creating an opportunity to rethink financial services around the customer, moving beyond traditional digital...

ADX Becomes First MENA Exchange to Open “Live: Market Data Directly to ChatGPT, Claude and Other AI Platforms”

The Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, has become the first exchange in the MENA region...

Yuno Raises $45 Million Series B to Scale the AI-Native Operating System of Global Payments and Financial Services

Yuno, AI-native operating system of global payments and financial services, powering the financial infrastructure of enterprise merchants, banks, and wallets, announced a $45 million...

SILQ Marks First Anniversary with US$100 Million (SAR376 Million) for Fina to Accelerate Embedded Financial Infrastructure for SMEs

One year after bringing together Sary and ShopUp to form SILQ, the company today announced the successful close of US$100 million (SAR376 million) in...

Cobi Raises $1M to Build the AI Decision Stack for Customer Intelligence

Cobi, the AI decision stack for customer intelligence, announces a $1 million pre-seed fund raise. The raise was led by Lunara Partners - a multi-stage...

Egyptian startup Venduo facilitates over EGP 40mln in transactions by connecting brands with local manufacturers

Reinforcing the importance of enabling digital transformation across various economic sectors, Egyptian startup Venduo has successfully facilitated approximately EGP 40 million in transactions through...

Emirates NBD collaborates with Dubai Future District Fund to accelerate FinTech and AI innovation and enhance customer experiences

Emirates NBD, a leading banking group in the Middle East, North Africa, Türkiye and South Asia (MENATSA) region, has announced a strategic partnership with...

Ooredoo Group Scales its AI Compute Ambitions through Investment in Zankore alongside Indosat Ooredoo Hutchison, Nokia and NVIDIA

Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS announced its expansion into AI compute through a strategic investment in Zankore, a first-of-its-kind, dedicated AI compute and neocloud...

Building Sinder: Chris Hughes on Creating an AI-Native Fintech for the UAE’s Global Residents

After holding senior roles at Revolut and Tamara, Chris Hughes founded Sinder with former Revolut engineer Artem Kuchumov. The Dubai-built fintech has launched an...

UAE’s Islamic Bank ruya Goes Live with Agentic AI in Production, Partners with Magure to Build an AI-Native Bank

Dubai and Ajman, UAE. ruya, the UAE's digital-first Islamic community bank, and Magure, a UAE-headquartered enterprise AI company, today announced a long-term strategic partnership...

Qatar Development Bank Invests in Multiverse Computing, a Leading European Developer of AI Language Models and One of the Continent’s Newest Unicorns

Qatar Development Bank (QDB) has announced its investment in Multiverse Computing, a global leader in efficient and sovereign artificial intelligence and one of Europe’s...

MoneyHash and Azm Fintech Partner to Simplify Digital Payment for Saudi Businesses

MoneyHash, the leading payment orchestration platform in emerging and global markets, today announced its partnership with Azm Fintech, expanding access to Saudi Arabia's digital...

HUMAIN Makes Investment in MOZN and Partners to Co-Build Enterprise AI Solutions Locally and Globally

Combining HUMAIN's full AI stack with MOZN’s deep AI product expertise and forward-deployed engineering to deliver secure, enterprise-grade AI solutions for financial institutions and...

Revolut partners with OpenAI to bring ChatGPT Go to millions of customers

Revolut has partnered with OpenAI to offer ChatGPT Go access to its 75 million customers. Depending on their subscription tier, users receive between three and 12 months of the...

Birchford Technologies launches ProLink AI Translator to boost digital payments in MENA

Birchford Technologies, a leading provider of payment system modernization and SWIFT integration solutions in the Middle East and North Africa, announced the launch of its new platform,...

AIJRF Launches AI-Powered Government Communications Initiative with 100 Officials

The Artificial Intelligence Journalism for Research and Forecasting (AIJRF), a scientific and applied foundation  specialising in artificial intelligence and technologies associated with the Fourth...

e& UAE and Core42 partner to deliver sovereign AI infrastructure at scale

e& UAE and Core42, a G42 company specialising in sovereign cloud, AI infrastructure and digital services, announced a partnership to deliver Sovereign AI Compute,...

OmniOps and Hamsa announce partnership to bring production-ready Arabic Voice AI to Saudi Arabia

OmniOps, Saudi Arabia's leading AI infrastructure technology company, announced a strategic partnership with Hamsa, the region’s Arabic-first voice AI platform, to bring the technology...

Where GCC’s Most Consequential Business Decisions Get Made

AJMS Group and Marmin AI launch the CXO Boardroom Series in Dubai, a curated executive forum on AI, digital finance, and enterprise transformation, managed...

Samsung brings Galaxy AI Call Screening to Arabic users across the GCC

Samsung Gulf Electronics has introduced Arabic language support for its Galaxy AI-powered Call Screening feature, expanding one of its flagship artificial intelligence tools to...

stc pay Bahrain unveils comprehensive Business solutions, a powerful one-stop financial hub for growth and efficiency

stc pay Bahrain, Bahrain's most innovative and accessible mobile wallet for digital financial transactions, announced the launch of stc pay Business Solutions, a powerful...

Perk opens in Abu Dhabi as GCC demand for AI-native travel and spend management accelerates

Perk (formerly TravelPerk), the intelligent AI-native platform for travel and spend management, announced the opening of its Middle East office in ADGM, the international...

Trescon Unveils ‘Finance 2045’ in Jakarta: Setting the Blueprint for Southeast Asia’s Financial Transformation

With a population of 270 million, over 65 million MSMEs, and a staggering 77 million unbanked adults, Indonesia stands as the ultimate frontier for...

Rentify raises $2mln seed round to launch Earn AI

Rentify, the UAE-born company at the intersection of fintech and proptech, building the infrastructure layer for renting, today announced USD 2 million in seed...

AI Financial Corporation Integrates USDU Stablecoin to Expand Regulated Digital Asset Settlement Capabilities in the UAE

AI Financial Corporation expands access to regulated digital asset settlement capabilities in the UAE through the integration of USDU, the first U.S. dollar-backed stablecoin...

SBI Remit and Fasset Partner to Build AI-Powered Global Money Movement Infrastructure

SBI Remit Co., Ltd. (SBIR), Japan’s leading international transfer arm of SBI Group, announced a strategic partnership with Fasset, the global stablecoin-powered neobanking and...

Du Launchpad: UAE’s first super platform for SMEs to accelerate business growth

du, a leading UAE telecom and digital services provider, launched du Launchpad, an AI-powered all-in-one super platform to support entrepreneurs, micro and small business...

CBUAE Achieves a New Milestone in Financial Innovation Through “Aperta,” a Secure Cross-Border Open Finance Project

The breakthrough prototype enables secure, real-time cross-border financial data exchange, strengthening global connectivity and facilitating more efficient access to international markets. The Central Bank...

Alaan launches UAE’s first AI-native business bank account, powered by ruya

Alaan, the UAE's leading spend management platform, launched a business bank account with built-in intelligence, powered by ruya. With this launch, Alaan becomes the...

Almana Group sign partnership with Liabify

The agreement was formally signed at Almana Group headquarters in Doha, Qatar, marking the start of a strategic collaboration to develop payroll-linked Earned Wage...

Visa Partners with OpenAI to Power the Next Generation of AI Commerce

Visa announced a strategic collaboration with OpenAI to enable secure Visa payments within agentic commerce, enabling seamless and trusted payments across OpenAI. The companies...