News

Latest News

UAE’s Federal Tax Authority To Digitize Certificates And Introduce New Fees In 2026

The UAE's tax framework is set for a significant update, as the…

2 Min Read

Abu Dhabi’s Government Overhauls HR Law To Attract Top Tech and AI Talent

The Abu Dhabi Government has enacted a comprehensive new human resources law…

4 Min Read

Jadwa Al-Yaqin Launches New 10 Million Dollar Technology Fund in Syria

In a notable development for the local investment landscape, Jadwa Al-Yaqin Investment…

Arab National Bank and Social Development Bank Launch SAR 100 Million Fund for SMEs

Arab National Bank (anb) has announced a significant SAR 100 million co-financing…

4 Min Read

IHC Acquires 70% Stake in Payments Technology Firm Peko Holdings

Abu Dhabi-based conglomerate International Holding Company (IHC) has announced the acquisition of…

3 Min Read

Egypt And Saudi Firms Launch $5 Million Fund To Accelerate MENA PropTech Startups

An alliance of major real estate and technology firms has announced the…

4 Min Read

PIF Seals Historic $55B Deal to Acquire Electronic Arts Following Shareholder Approval

Saudi Arabia’s Public Investment Fund (PIF) has officially reached a definitive agreement…

3 Min Read

Saudi’s Edafa Venture Capital Acquires Boutique To Drive Regional Growth

Saudi-based Edafa Venture Capital has officially announced the acquisition of Boutique in…

2 Min Read

TECOM Group Pours Another $167 Million Into Dubai Internet City’s Innovation Hub

TECOM Group, the developer and operator of Dubai’s specialized business districts, has…

3 Min Read

Palestine Joins €1M EU-Backed YIELD Project To Foster Youth Deep-Tech Startups

A new Euro-Mediterranean initiative has been launched to empower young entrepreneurs across…

3 Min Read

UAE’s MGX Joins Oracle and Silver Lake to Acquire TikTok’s U.S. Operations

Abu Dhabi’s newly formed technology investment firm, MGX, has secured a significant…

3 Min Read

UAE’s Miral Launches Impact Fund to Bolster Abu Dhabi’s Sustainability Goals

Miral, Abu Dhabi's leading creator of immersive destinations, has announced the launch…

4 Min Read

UAE Consolidates Media Regulation Under New National Media Authority

The UAE Government has announced a significant restructuring of its media sector…

3 Min Read

Two Point Zero Takes Full Control Of Maseera In Strategic Fintech Consolidation

Abu Dhabi-listed Two Point Zero Group has finalized its complete takeover of…

3 Min Read

Tunisia Deepens French Partnership With €5 Million Fund To Back 500 Entrepreneurs

Celebrating a decade of collaboration, Expertise France, part of the French Development…

4 Min Read

UAE-Based Feeder Fund To Inject $120 Million Into Kerala’s Startup Ecosystem

A new UAE-based feeder fund, spearheaded by the Global Alliance, has announced…

3 Min Read

ITHCA Group Launches Accelerator And Venture Fund To Boost Saudi Tech Cooperation

ITHCA Group, the technology investment arm of the Oman Investment Authority (OIA),…

4 Min Read

Egypt To Launch Unified Digital Business Platform To Streamline Investor Procedures

Egypt is set to launch a unified digital business platform, a significant…

4 Min Read

Egypt Financial Regulator Greenlights Six New Companies Including Thndr and Nawy

Egypt’s Financial Regulatory Authority (FRA) has approved the establishment and licensing of…

3 Min Read

Tunisia Launches €5 Million Watani Initiative To Boost Local Startups and Engage Diaspora Talent

Tunisia has officially launched "Watani," a €5 million program designed to fuel…

4 Min Read

MSMEDA Partners With Reefy for $6.3M Micro-Enterprise Financing Initiative

Egypt's Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has signed a…

3 Min Read

Qatar Enters Gulf AI Race With National Initiative Backed by $526 Billion Fund

Qatar is making a significant entry into the regional artificial intelligence race,…

4 Min Read

Algeria Unveils New E-Commerce Legal Framework to Fuel Youth Entrepreneurship and Regulate Digital Market

Algeria is set to introduce a new legal framework for e-commerce, a…

3 Min Read

ADIO Taps Bain Capital To Bolster New AED 56 Billion Financial Hub in Abu Dhabi

The Abu Dhabi Investment Office (ADIO) has announced a strategic partnership with…

4 Min Read

Morocco Targets 3,000 Startups With A New 1.3 Billion Dirham Digital Strategy

Morocco is set to inject 1.3 billion dirhams (approximately $130 million) into…

3 Min Read

Saudi Arabia Partners With India Accelerator on $15M Fund to Onboard Indian Startups

In a move reflecting the deepening ties between the Indian and Saudi…

3 Min Read

Saudi Arabia’s Tourism Development Fund Deploys Over $1 Billion To Fuel SME Growth

As part of its ambitious economic transformation agenda, Saudi Arabia is significantly…

3 Min Read

Saudi, UAE and Qatari Funds Form Rare Alliance in $108B Warner Bros Discovery Bid

In a landmark move signalling the growing influence of Gulf capital in…

4 Min Read

UAE’s Hashgraph Ventures Achieves First Close for Its Web3 Fund and Backs Bloxtel

Abu Dhabi-based venture capital firm Hashgraph Ventures, regulated by the Financial Services…

4 Min Read

Mubadala In Talks To Acquire Troubled Brazilian Fintech Will Bank

Abu Dhabi’s sovereign wealth fund, Mubadala Investment Co., is reportedly in advanced…

3 Min Read

UAE Overhauls Commercial Companies Law To Boost Startup Flexibility And Investor Confidence

The UAE has issued a landmark update to its Commercial Companies Law,…

5 Min Read

Robotics Leader Mujin Secures $233 Million Series D Co-Led By Qatar Investment Authority

Japanese intelligent automation company Mujin has announced a significant $233 million Series…

4 Min Read

QIA Selects Silicon Valley’s Founders Circle Capital for $1B Fund of Funds Program

The Qatar Investment Authority (QIA) has announced that Founders Circle Capital (FCC),…

3 Min Read

Saudi Arabia Strengthens Eurasian Ties With New Georgian Investment Platform

The Global Investors Forum (GIF 2025) in Tbilisi, Georgia, has concluded with…

4 Min Read

Algerian Government Greenlights Funding For 61 Student-Led Ventures

Algeria's Ministry of Higher Education and Scientific Research has officially approved funding…

2 Min Read

ADGM Grants Binance First-Ever Global License In Landmark Regulatory Move

In a landmark decision that reinforces Abu Dhabi’s position as a leading…

4 Min Read

CoinMENA Acquired by Turkish Giant Paribu in a $240M Deal

In a landmark deal for the region's fintech landscape, CoinMENA, the largest…

4 Min Read

Saudi Arabia’s Q Fund and New Whys Launch Black Iris Angel Network

Riyadh-based Q Fund, the investment arm of Qewam Holding, has partnered with…

3 Min Read

Saudi Arabia Achieves 93% Of Vision 2030 Targets Fueling Non-Oil Economic Growth

Saudi Arabia's Minister of Finance, Mohammed Al Jadaan, has announced that the…

4 Min Read

UAE’s Zelo Secures $715 Million From IHC To Tackle Regional SME Funding Gap

Abu Dhabi-based Zelo, formerly known as eFunder, has announced a significant capital…

3 Min Read

Mubadala Co-Leads Strategic Investment In South Korean Water Tech Firm NanoH2O

Abu Dhabi's Mubadala Investment Company has co-led a significant investment in NanoH2O,…

3 Min Read

ADIA and ICD Back $253 Million Fund for Indian VC Fireside Ventures

UAE sovereign wealth funds Abu Dhabi Investment Authority (ADIA) and the Investment…

2 Min Read

Kuwait Launches National Initiative to Champion Small and Medium Enterprises

In a strategic move to bolster its national economy and foster a…

4 Min Read

Saudi Arabia Partners with Korea’s FuturePlay to Attract Startups and Foster Local Talent

Saudi Arabia's Ministry of Investment (MOI) has signed a Memorandum of Understanding…

3 Min Read

Saudi Exchange Reports Strong IPO Pipeline with 40 Companies Under Review

The Saudi capital market is poised for significant growth, with at least…

3 Min Read

ABB Launches $2M AI Training Hub in Dubai to Boost Regional Energy Sector Skills

Global technology leader ABB has opened a US$2 million training and customer…

4 Min Read

UAE’s Multiply Media Group Expands Into The UK With Full Acquisition of London Lites

Abu Dhabi-based Multiply Media Group (MMG), a subsidiary of 2PointZero Group PJSC,…

4 Min Read

Kuwait’s Markaz Plans New Equity Fund and Major Saudi Arabia Expansion

Kuwait Financial Centre (Markaz), one of the leading asset management and investment…

2 Min Read

Savvy Games Group In Advanced Talks To Acquire Mobile Legends Developer Moonton

Savvy Games Group, the gaming and esports firm backed by Saudi Arabia's…

3 Min Read

Qatar Launches First AI Venture Builder Studio to Back Deep Tech Founders

Qatar has announced the launch of its first venture builder studio dedicated…

5 Min Read