BREAKING:
EU and Egypt to Launch Platform to Mobilize USD 5.8B for Green Projects
UAE Proptech Startup Prop-AI Secures $1.5 Million Pre-Seed Round Led by Plus VC
QIA and ADIC Join USD 600M Round for US Vehicle AI Firm Applied Intuition
Endeavor Catalyst Targets $300M Fund VI with Strong Focus on MENA Startups
UAE’s Saturnx Secures $3M Seed Round Led by White Star Capital to Boost Stablecoin Payments
Saudi’s EDGNEX by NEOM Announces $2.3 Billion Investment for Jakarta Data Center
Saudi Tech Giant MIS Exits Early Anthropic Stake
Egyptian Proptech Nawy Secures $23 Million in Debt Financing to Scale Operations
Swypex Launches Egypt’s First Approval-Based Corporate Card to Accelerate Cashless Business Payments
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June 21, 2025

EU and Egypt to Launch Platform to Mobilize USD 5.8B for Green Projects

  • 2 min read

UAE Proptech Startup Prop-AI Secures $1.5 Million Pre-Seed Round Led by Plus VC

  • 2 min read

QIA and ADIC Join USD 600M Round for US Vehicle AI Firm Applied Intuition

  • 3 min read
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Saudi’s EDGNEX by NEOM Announces $2.3 Billion Investment for Jakarta Data Center

EDGNEX Data Centres by NEOM, the digital infrastructure subsidiary of Saudi Arabia’s futuristic city project, has unveiled ambitious plans to build a significant data center campus in Jakarta, Indonesia. The project, representing a total investment of $2.3 billion, marks a major expansion of the Saudi company’s global footprint. A Strategic Expansion into Southeast Asia This […]

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Saudi Tech Giant MIS Exits Early Anthropic Stake

Saudi Arabian IT company Al Moammar Information Systems (MIS) has strategically exited its early investment stake in leading US AI firm Anthropic, selling its shares on the secondary market. Key Details MIS confirmed it has sold its entire stake in Anthropic, one of the world’s premier artificial intelligence research and development companies known for its […]

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Saudi Capital Riyadh Leaps 60 Spots to Join Top 25 Global Startup Ecosystems

Riyadh has made a significant advancement in the global startup ecosystem landscape, climbing 60 places to secure the 23rd position in the latest global ranking, highlighting rapid growth and increasing prominence in the MENA region. A Remarkable Rise According to the Global Startup Ecosystem Report (GSER) 2024 by Startup Genome, Riyadh has jumped an impressive […]

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Sanabil Accelerator by 500 Global Welcomes Batch 9 in Riyadh

Sanabil Investments and 500 Global have announced the commencement of the ninth batch of their flagship Sanabil Accelerator program in Riyadh, Saudi Arabia, selecting 14 promising pre-seed and seed-stage startups from across the MENA region and beyond. Key Details The latest iteration, Batch 9, features a cohort of 14 startups. These companies represent a diverse […]

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Saudi Arabia’s PIF Launches New Company to Develop and Operate Riyadh Expo 2030

Saudi Arabia’s Public Investment Fund (PIF), the Kingdom’s $925 billion sovereign wealth fund, has officially launched a new company that will be responsible for building and operating the extensive facilities for the Riyadh Expo 2030 world fair. A Cornerstone of Vision 2030 The newly formed entity, named the Expo 2030 Riyadh Company, will oversee the development […]

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