Investment

Tabby raises $233 million at $6.5 billion valuation

Tabby has raised $233 million at a $6.5 billion valuation, in an equity round led by Blue Pool Capital, with participation from existing shareholders...

Tarabut Secures US$50 Million in Strategic Financing to Deepen Its Focus on Saudi Arabia

Tarabut, the regulated infrastructure platform operating across Saudi Arabia, the UAE and Bahrain, announced US$50 million (SAR 187 million) in strategic financing from a...

DFSA, Nasdaq Dubai, HKMA, and HKEX establish Strategic Working Group to deepen capital markets cooperation

The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), Nasdaq Dubai, the Hong...

Gaia raises $1.5M led by SEEDRA to build sovereign AI layer for Saudi enterprises

Riyadh-based enterprise AI startup Gaia has raised $1.5 million in a pre-seed round led by SEEDRA Ventures, marking the company’s first disclosed financing. Founded by...

Mubadala Announces Significant Minority Investment in Luckin Coffee

Mubadala Investment Company, an Abu Dhabi-based global investor, announced that it has agreed to make a significant minority investment in Luckin Coffee Inc., alongside...

Phoenix Venture Partners Leads SAV’s $3.5 Million Pre-Series A Round to Accelerate Expansion into Saudi Arabia

Phoenix Venture Partners Limited (PVP), an Abu Dhabi-based venture capital fund manager, today announced that it has led a US$3.5 million Pre-Series A financing...

Saudi Arabia’s PayTabs Group acquires Amazon Payments MENA for $100mln+

Saudi Arabia's PayTabs Group and Amazon Payment Services have agreed to a transaction that would transfer Amazon's Middle East and North Africa payments operations...

Salla acquires Paylink to enhance the financial services ecosystem for merchants

"Salla", the leading Saudi platform in e-commerce solutions, announced its acquisition of "Paylink", a company specializing in payment solutions, in a strategic step aimed...

COFE Tech Secures Pre-IPO Investment at $178 Million Valuation, Led by Aramco’s Wa’ed Ventures, Aditum, Masarrah and Alyasra, Ahead of Saudi IPO

COFE Tech (formerly COFE APP), the leading operator of agentic AI enterprises and the provider of intelligent procurement and commerce infrastructure to more than...

Blossom Accelerator launches Blossom Capital

New venture capital arm backs Saudi and global AI companies across enterprise AI, cybersecurity, computer vision, healthtech, fintech and retail technology, supporting Saudi...

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...

Swvl Announces $13 Million Strategic Investment Round

Swvl Holdings Corp, a leading provider of technology-driven mobility solutions for enterprises and governments, announced that it has entered into a definitive securities purchase...

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...

INGOT Group Celebrates 20 Years with the Launch of Rise, a Next-Generation Trading App

INGOT Group, the multi-licensed brokerage group founded in 2006, celebrates its 20th anniversary with the launch of Rise, a trading app built from the...

Exits MENA acquires Avanz Capital Egypt in multi-seven-figure deal

Exits MENA, the region’s first investment platform and advisory firm focusing on startups and SMEs, announced the signing of a multi-seven-figure transaction in partnership...

Capital.com to offer spot crypto buying in UAE after Capital Vault secures CMA licence

Capital.com has announced plans to offer virtual asset investment services to clients in the UAE, following a licence granted to its affiliate Capital Vault...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company Globex Investissement

A.P. Moller Capital - Emerging Markets Infrastructure Fund II and APM Capital Morocco Fund to acquire majority stake in Globex, establishing a partnership...

QIA announces investment in Lesha Bank fund

QIA announced its investment in Lesha Bank fund, "Lesha Qatar Equity Fund." Lesha Bank is a Qatar-based Shari’a compliant investment bank founded in 2008. The...

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...

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...

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...

Moove Raises $250 Million at $2.1 Billion Valuation to Scale the Global Infrastructure Layer for Autonomous Mobility

Moove, the global mobility company building the operating layer for autonomous mobility, today announced it has raised $250 million at a $2.1 billion valuation...

Electronic Arts Announces Completion of Acquisition by PIF, Silver Lake, and Affinity Partners

Electronic Arts Inc., a global leader in interactive entertainment, today announced that its acquisition by PIF, Silver Lake, and Affinity Partners has successfully closed....

Beltone Venture Capital announces the successful partial exit from BirdNest, delivering a 3.5x return on invested capital and an 80% IRR over a two-year...

Beltone Venture Capital has announced the successful partial exit from BirdNest, delivering a 3.5x return on invested capital and an 80% internal rate of...

Saudi InsurTech Startup DESAISIV Launches AI-Powered Corporate Insurance Platform, opens $8mn funding round

Saudi-based InsurTech startup DESAISIV has launched its AI Insurance Agent, an AI-powered platform designed to help medium and large enterprises automate, manage, negotiate, and...

Bundle Raises US$5.5M to Launch the World’s First Networked Rewards Platform

Bundle announced the launch of the world’s first networked rewards platform, introducing an entirely new approach to customer acquisition, engagement and retention. For decades, brands...

Yango Group invests in Egypt’s Fincart in $2.8mln seed round

Yango Group, a UAE based tech company, has invested through its corporate venture fund, Yango Ventures, in Egypt-based Fincart as part of the e-commerce...

Fina Secures US$75 Million (SAR 282M) Shariah-Compliant Facility from Fasanara Capital to Scale Embedded Financing for Saudi SMEs

Fina, the fintech arm of Saudi-based company SILQ, has secured a US$75 million (SAR 282M) Shariah-compliant facility from Fasanara Capital Ltd ("Fasanara"), a London-based...

Blackstone to Open Kuwait Office

Blackstone (NYSE: BX), the world’s largest alternative asset manager, today announced plans to open an office in Kuwait through the Kuwait Direct Investment Promotion...

Syrian app Labby raises $10 million

Syrian super app Labby has raised $10 million from a group of investors based in the UAE and Saudi Arabia, marking what Syrian officials...

SkipCash secures strategic investment from QIIB to accelerate future growth and expansion plans

SkipCash, one of Qatar's leading digital payments companies, today announced that it has secured a strategic investment from Qatar International Islamic Bank (QIIB), marking...

Arada launches Arada Capital, a new funds platform which will target real estate opportunities across the Middle East

ADGM-based platform will be chaired by HRH Prince Khaled bin Alwaleed bin Talal, with Moustafa Fahour OAM appointed as CEO and Managing Director ...

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...

Oxyfinz Offers Free Access to Institutional-Grade Technology for SME Wealth and Asset Managers

Oxyfinz, a UAE-based wealthtech and data intelligence platform for wealth and asset management firms, has launched its SME growth initiative aimed at supporting boutique...

HSBC launches tokenised deposit service in the UAE

HSBC has launched its Tokenised Deposit Service (TDS) in the UAE, expanding its digital money capabilities in the region and enabling eligible corporate and...

Sovra Raises $2M+ Pre-Seed

Sovra, the fintech platform that provides people with a global dollar account, has raised more than $2 million in pre-seed funding. The round was...

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...

Unifonic acquires Segmentify to pioneer agentic marketing across MENA

Unifonic, an AI-native customer engagement platform purpose-built for enterprises and public sector organizations across emerging markets, today announced the acquisition of Segmentify, a leading...

Hub71 Announces Support for UAE–India Start-Up Series 2.0 to Expand the India–Abu Dhabi Startup Corridor

Hub71, Abu Dhabi's global tech ecosystem, has announced its support for the second edition of the UAE-India Start-Up Series, the cross-border innovation programme run...

OpenAI Confidentially Files for IPO as AI Rivals Race to Public Markets

OpenAI has confidentially filed for an initial public offering (IPO), just over a week after rival Anthropic submitted its own filing. The move signals...