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Saudi AI Company HUMAIN Launches HUMAIN Sport After Acquiring Majority Stake in ai.io

Saudi AI company HUMAIN has launched HUMAIN Sport, a dedicated sports technology…

2 Min Read

Saudi Arabia Offers Cultural Businesses Up to SAR500,000 for AI Projects

Saudi Arabia’s Cultural Development Fund (CDF) has launched a new incentive program…

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Wadi Jeddah Plans $10M Venture Capital Fund for Saudi Startups

Wadi Jeddah, the investment arm of King Abdulaziz University, is preparing to…

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Bitget Launches $300M Archimedes Program for MENA Hedge Funds and Asset Managers

Bitget has launched a $300M institutional capital program to support quantitative trading…

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Saudi PIF Approves 2026-2030 Strategy Focused on Sustainable Value

Saudi Arabia’s Public Investment Fund (PIF) has approved its strategy for 2026-2030,…

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Egypt’s UMAMI Launches Learning Operating System Backed by EGP 50M Investment

Egyptian edtech company UMAMI E-Learning Solutions has launched its Learning Operating System…

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Saudi Social Development Bank Launches $2.7M Social Investment Fund for Startups

Saudi Social Development Bank has signed an agreement with Namal Impact Investment…

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Mubadala Considers $6.3B AI Data Centre in Japan

Abu Dhabi sovereign wealth fund Mubadala Investment Company is considering investing up…

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QSTP Tech Venture Fund Welcomes redalpine as Co-Investment Partner

Qatar Science & Technology Park (QSTP) has welcomed redalpine as a co-investment…

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Kuwait Investment Authority Secures $4.25B Syndicated Loan

The Kuwait Investment Authority (KIA) has secured a $4.25 billion syndicated loan,…

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Mintoak Acquires Dubai-Based ICC Loyalty to Expand Banking Engagement Platform

Mintoak has acquired Dubai-based ICC Loyalty as the payments and banking technology…

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Saudi PIF-Led Consortium Completes EA Acquisition

Electronic Arts has gone private after completing its acquisition by a consortium…

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Meeza Secures $432M Financing to Expand Qatar Data Center Capacity

Qatari managed IT and data center provider Meeza has secured a QAR1.6B…

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Longevium to Open $7M AI Research Lab in Dubai in Q4 2026

Dubai-based longevity clinic network Longevium has begun construction of a Longevity AI…

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Beltone Venture Capital Completes Partial BirdNest Exit at 3.5x Return

Beltone Venture Capital (BVC) has completed a partial exit from Egypt-based hospitality…

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Saudi Logistics Giant SAL Acquires Belgian Aviapartner Liege To Expand European Footprint

SAL Saudi Logistics Services has successfully completed the 100% acquisition of Aviapartner…

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Konecta Opens Egypt Regional HQ and $100M Generative AI Centre

Spain-based outsourcing company Konecta has opened its regional headquarters and first global…

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Saudi Prince Al Waleed Buys 5% Stake in Lucid Motors

Prince Al Waleed bin Talal Al Saud has purchased a 5% stake…

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Oman Investment Authority Invests in Cambridge and Oxford Innovation Platforms

Oman Investment Authority (OIA) has expanded its exposure to global innovation through…

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Brookfield Raises $2B in First Close of Middle East Partners Fund with PIF Support

Canadian asset manager Brookfield has raised nearly $2B in the first close…

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Carbar and UAE-Based Carasti Merge, Seek $10M for Global Expansion

Australian car subscription platform Carbar is merging with UAE-based Carasti in a…

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PIF-Backed Brookfield Fund to Invest $1B in Saudi Arabia

A private equity fund backed by Saudi Arabia’s Public Investment Fund (PIF)…

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Jada Fund of Funds Makes First Commitment to $200M Growth Catalyst Fund I

Saudi Arabia’s Jada Fund of Funds, owned by the Public Investment Fund…

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Mubadala Capital Launches $75M Tokenized Private Markets Fund Across Three Blockchains

Mubadala Capital, the asset management arm of Abu Dhabi’s Mubadala Investment Company,…

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Saudi Public Investment Fund-led $55B Electronic Arts acquisition wins EU antitrust approval

A group of investors including Saudi Arabia’s Public Investment Fund has received…

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MGX-led Consortium Completes $40B Acquisition of Aligned Data Centers

MGX, the Artificial Intelligence Infrastructure Partnership (AIP) and BlackRock’s infrastructure arm Global…

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Saudi Venture Capital Backs SEEDRA’s Fund II to Boost Early-Stage Tech Startups in the Kingdom

Saudi Venture Capital (SVC) has invested in SEEDRA Ventures Fund II, the…

3 Min Read

Saudi Public Investment Fund Nears EU Approval for Massive $55B Electronic Arts Takeover

An investment consortium led by Saudi Arabia's Public Investment Fund (PIF) is…

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UAE’s 9Yards X Acquires Libyan Labeb AI to Bolster Regional Arabic AI Solutions

UAE-based AI company 9Yards X has acquired Libyan artificial intelligence startup Labeb…

4 Min Read

Saudi Fuel Tech Startup SyarahApp Acquired by Group Operating Over 1,790 Stations

Saudi startup SyarahApp, specializing in digital fuel management, has signed an acquisition…

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Saudi Arabia Greenlights SPACs, Creating New IPO Alternative on Tadawul’s Nomu Market

Saudi Arabia is officially rolling out a regulatory framework for Special Purpose…

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Egypt’s Stakpak Acquired by US Cloud Giant Vercel to Power its AI Infrastructure Push

American cloud platform Vercel has acquired Stakpak, an Egyptian-founded startup specializing in…

4 Min Read

Abu Dhabi’s RedBird IMI Seals Banijay-All3Media Deal, Creating a Global Media Powerhouse

Abu Dhabi-backed RedBird IMI has officially completed its merger of Banijay Entertainment…

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Egypt’s Mobica Pours $20M into Industrial Expansion, Bets $10M on New AI-Focused ETF

Egyptian industrial group Mobica is rolling out a two-pronged growth strategy, investing…

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Qatar’s Rawdat Capital Forges AI Bridge to China with Sinovation Ventures and 01.AI Deals

Qatari venture capital fund Rawdat Capital has announced an exclusive investment partnership…

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Jordan Entrepreneurship Fund Commits $5M to Saudi VC STV to Build Cross-Border AI Corridor

The Jordan Entrepreneurship Fund (JEF) is backing one of the region’s largest…

3 Min Read

Morocco’s JaidaHits $470M Financing Milestone, Expands Mandate to Back Social Economy

Moroccan microfinance refinancing institution Jaida has hit MAD 4.7 billion ($470 million)…

3 Min Read

Dubai Future District Fund Backs US VC MetaProp to Anchor the Emirate’s PropTech Hub

The Dubai Future District Fund (DFDF) has made a strategic capital commitment…

3 Min Read

Oman and Jordan Launch $100 Million Joint Investment Fund Targeting Key Economic Sectors

Oman and Jordan have announced the launch of the Omani-Jordanian Investment Company,…

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MSMEDA and Banque Misr Inject $10 Million to Fuel Egypt’s Microenterprises

Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has partnered with…

3 Min Read

Palestine and South Korea Ink $21M Deal to Launch Bethlehem Entrepreneurship Hub

The Palestinian government and the Republic of Korea have signed two strategic…

4 Min Read

Egypt: Tamweely Secures EGP 350M From MSMEDA to Back 3,000 Micro-Businesses

Egypt’s non-bank financial services provider, Tamweely Financial Services, has signed two financing…

4 Min Read

Saudi EdTech Noon Academy Acquires AlMokhfy to Expand Digital Learning Ecosystem

Noon Academy has officially announced the acquisition and integration of AlMokhfy, a…

3 Min Read

Nova Capital and Metamorph Target $100M to Build UAE-Led Wellness and Longevity Platform

Nova Capital Enterprises, the private equity arm of Abu Dhabi-based Al Nasser…

4 Min Read

Mubadala Opens $25 Billion Credit Portfolio to Outside Investors in Major Private Lending Push

Abu Dhabi’s Mubadala Investment Co. is opening one of its largest investment…

3 Min Read

VAP Group Launches Venture Arm in Saudi Arabia to Back 100 Startups by 2030

VAP Group, a global consulting and media firm known for its large-scale…

3 Min Read

OSN Bids to Take Anghami Private, Seeking Full Control of MENA’s Top Music Streamer

OSN, the Dubai-based entertainment network, has submitted a preliminary, non-binding proposal to…

4 Min Read

Bahrain’s Investcorp to Deploy $350M Across GCC, Targeting Family Firms and Saudi Scale-Ups

Bahrain-based alternative asset manager Investcorp is set to deploy the remaining $350…

4 Min Read

UAE’s Letsia Injects $13.3M into Saudi Arabia for New Riyadh Data Center

UAE-based technology conglomerate Letsia has announced a SAR 50 million ($13.3 million)…

3 Min Read

Saudi Sidra Capital Joins BlueFive in Landmark Deal to Form $3.8B Global Islamic Finance Player

Jeddah-based Sidra Capital, a prominent Shariah-compliant asset manager, has completed a major…

4 Min Read