The Saudi fintech secured funding to streamline fundraising, equity transfers and investment governance with AI-driven tools.

The upcoming Dubai Loop will be built by Tesla in partnership with Dubai authorities.

UAE-based Merit Incentives scaled its loyalty and rewards platform, which connects 5,000 brands over 100 countries.

Founded in 2019 in the UAE, Tabby has since reached $10 billion in annualized transaction volumes.

ULA secures funding to expand in Saudi Arabia and launch an AI-powered digital education platform.

The Saudi-based VC firm is investing in fintech, insurtech, logistics, and AI startups across Saudi Arabia and the MENA region.

The funding comes as Saudi Arabia’s $3 trillion construction projects demand faster, more efficient supply chains.

Coinciding with the TOKEN2049 conference, the event will celebrate achievements in emerging technologies.

Among the honorees are IBM CEO Arvind Krishna, musician and AI artist Grimes, and media artist Refik Anadol.

The region saw a surge in online shopping, with rising order values and digital expansion in UAE, Saudi Arabia and Egypt.

The funding is backed by prominent investors including SANAD Fund for MSME, anb Seed Fund, Aljazira Capital and Speedinvest.

The UAE-based fintech raises pre-seed funding to scale operations and expand across the Gulf, simplifying wealth management.