UAE’s Presight And Shorooq Launch $100 Million Global AI Innovation Fund
Abu Dhabi-based AI and big data analytics company Presight has partnered with…
Saudi Billionaire Prince Alwaleed Acquires Additional $134 Million Stake In Snap
Prominent Saudi investor Prince Alwaleed bin Talal has significantly increased his investment…
Saudi’s MODON Signs Deal For New Industrial AI Center Of Excellence
The Saudi Authority for Industrial Cities and Technology Zones (MODON) has entered…
Mubadala Explores Full Exit From Turkish Delivery Giant Getir
Abu Dhabi’s sovereign wealth fund, Mubadala, is reportedly exploring a complete exit…
Iraq’s New Vision 2050 Strategy Aims To Move Beyond Oil With Tech And Trade
The Iraqi government has officially launched "Iraq Vision 2050," a long-term national…
UAE Launches Major National Campaign To Become The Startup Capital Of The World
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister,…
QNB And DMZ Finance Partner With Bybit On First DFSA-Approved Tokenized Fund
In a landmark move bridging traditional finance and the digital asset economy,…
Saudi Group Nadrah Invests In US Defense Tech Firm UNION Technologies
Nadrah Trading Co., a Riyadh-headquartered industrial group, has made a strategic investment…
QIA Invests $54 Million In Japanese Chip Firm Tekscend Pre-IPO
The Qatar Investment Authority (QIA), the nation's sovereign wealth fund, has made…
UAE’s EIGHTClouds Acquires The Golf Buggy Guy To Scale Sustainable Mobility Across GCC
Dubai-based boutique private equity firm EIGHTClouds has announced its acquisition of an…
Abu Dhabi Launches First Amazon Fulfillment Center In Strategic Partnership With ADIO
Amazon, in a landmark partnership with the Abu Dhabi Investment Office (ADIO),…
Tunisia’s ANAVA Fund Of Funds Injects $4 Million Into Rasmal Innovation Fund I
Smart Capital, through its ANAVA Fund of Funds, has announced a $4…
Oman Accelerates Digital Transformation With 15 New Platforms And Key Partnerships
Oman is advancing its national digital agenda with a series of major…
Iraq To Build First National Data Centers In Landmark Partnership With Nokia
Iraq's Ministry of Communications has signed a landmark agreement with global technology…
Algeria Launches National Tech Hub To Accelerate Digital Transformation
Algeria's National Investment Fund (FNI) has announced the creation of a major…
Saudi’s PIF Finalizes $1.99 Billion Majority Stake Acquisition In MBC Group
Saudi Arabia's Public Investment Fund (PIF) has completed the acquisition of a…
Saudi’s SILQFi Acquires OXO To Launch Embedded Finance Platform Omni
Saudi fintech firm SILQFi has announced the acquisition of OXO, a leading…
Morocco’s Al Rawaj Foundation Secures €10 Million To Support Youth-Led Businesses
The European Bank for Reconstruction and Development (EBRD) has announced a loan…
Emirates Islamic Issues Landmark $500 Million Sustainability-Linked Sukuk
Emirates Islamic, a leading Islamic financial institution in the UAE, has successfully…
Abu Dhabi’s MGX Makes Major AI Play With Altera Chip Business Investment
Abu Dhabi’s artificial intelligence investment firm, MGX, has taken a significant step…
UAE’s BlueFive Capital Targets Asia With New $1 Billion Investment Fund
Abu Dhabi investment firm BlueFive Capital is raising a new $1 billion…
Egypt’s MSMEDA To Establish Permanent African Markets For Local SMEs
Egypt's Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has announced a…
UAE And Morocco Co-Launch Global Partnership To Champion Open And Fair Trade
The United Arab Emirates and Morocco have joined twelve other small- and…
Egypt’s Duaya Acquires EXMGO To Accelerate Pharmacy Digitization
Egyptian healthtech company Duaya has acquired EXMGO, a local SaaS provider for…
UAE’s ADIA Joins $1.6 Billion Investment To Expand Vantage Data Centers In Asia Pacific
A subsidiary of the Abu Dhabi Investment Authority (ADIA) has participated in…
Kuwait To Regulate Delivery Sector As Part Of Broader Digital Transformation Push
The Kuwaiti government is advancing on multiple fronts to modernize its economy…
Saudi Arabia’s Ministry Of Investment Partners With Fasanara Capital To Boost SME Fintech Lending
The Ministry of Investment for Saudi Arabia (MISA) has signed a Memorandum…
Saudi Arabia’s Hassana and AviLease Launch Major Aircraft Leasing Joint Venture
Hassana Investment Company and the PIF-owned global aircraft lessor AviLease have announced…
ADGM Proposes Expanded Regulatory Framework For Stablecoins
The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market…
Iraq Secures Over $1 Billion In New IFC Investments To Boost Private Sector
The International Finance Corporation (IFC), a member of the World Bank Group,…
Saudi’s Biotech Sector Gets A 50 Million Boost With New Sarat Ventures Fund
A new $50 million investment initiative, the Sarat Ventures Y Innovations Biotech…
Oman’s OIA To Deepen China And Central Asia Ties With New Investment Funds
The Oman Investment Authority (OIA), the Sultanate's sovereign wealth fund, is preparing…
Riyadh Valley Company Invests In US-Based FinTech Collective Fund IV
Riyadh Valley Company, the investment arm of King Saud University, has announced…
Saudi’s Vision Invest Commits $700 Million To Pan-African Developer ARISE IIP
Saudi Arabian development and investment holding company, Vision Invest, has announced a…
UAE’s VentureSouq Closes Second Fintech Fund With Backing From PIF and Mubadala
UAE-based venture capital firm VentureSouq has successfully closed its second dedicated fintech…
Oman Launches $265 Million AI Zone to Attract Global Startups
Oman has announced the establishment of its first Artificial Intelligence and Advanced…
Egypt’s New Economic Strategy Targets 7 Percent Growth by Empowering Private Sector
The Egyptian government has officially launched the National Narrative for Economic Development,…
Moroccan Super-App ORA Acquires Cathedis in Push for End-to-End Control
Moroccan super-app ORA Technologies has acquired Casablanca-based last-mile delivery platform Cathedis for…
Egypt’s New Initiative to Boost University Entrepreneurship and Tech Education
Under the patronage of the Minister of Higher Education, Dr. Ayman Ashour,…
Kuwait’s Financial Hub Ambitions Get Boost as BlackRock Opens Local Office
BlackRock, the world's largest asset manager, has announced it will open an…
PIF Signs Deal With Macquarie Targeting Digital and EV Infrastructure
Saudi Arabia's Public Investment Fund (PIF) has signed a preliminary agreement with…
UAE’s Ajman Chamber Launches Initiative to Halve Export Procedures
The Ajman Chamber of Commerce has unveiled the "Export in One Step"…
Saudi’s MIS Secures $61 Million Contract to Expand Riyadh Data Center
Saudi-listed Al Moammar Information Systems Company (MIS) has been awarded a significant…
ADGM Reports Record Growth and 42 Percent Jump in Assets Under Management
Abu Dhabi Global Market (ADGM) has solidified its position as the largest…
Mubadala to Sell 7.55 Percent Stake in Telecom Giant du
Emirates Integrated Telecommunications Company (du) has launched a secondary public offering for…
Syria Finalizes New Draft Income Tax Law with Unprecedented Exemptions
Syria's Minister of Finance, Muhammad Yasar Barania, has announced the completion of…
Syria Launches National Development Fund to Support Reconstruction
The Syrian Development Fund has been officially launched, representing a new phase…
Oman and Iraq Sign Wide-Ranging Investment Agreements to Deepen Economic Ties
Oman and Iraq have signed 24 agreements covering multiple investment sectors, a…
Saudi’s anb capital and UK’s Lexham Partners Launch $200M MENA Tech Growth Fund
anb capital and London-based Lexham Partners have announced the launch of a…
Saudi Arabia and UK Sign Business Deals Worth $5.3 Billion at London Summit
Saudi Arabia and the United Kingdom have signed investment agreements worth SAR…