Qatar Investment Authority joined SambaNova's $1 billion Series F round, valuing the AI infrastructure firm at $11 billion.
The UAE ranked ninth globally and first in the Middle East for foreign direct investment last year, according to UNCTAD.
The round was backed by Morgan Stanley, Aramco's venture-building arm LAB7, Core Vision and strategic angel investors.
The funding will support monthly rent payments, landlord financing solutions and the company's wider digital real estate ecosystem.
The approvals cover firms including MNT-Halan, Thndr and CIB's finance arm as Egypt expands its non-banking financial sector.
Dubai-based geospatial AI startup Planno has secured strategic backing from Incubayt Investments to support global expansion.
In this episode of 'Behind the Startup', we get behind the wheel of an automotive ecommerce marketplace bringing trust and transparency to the used car market.
Best known for its electric cars, the Nasdaq-listed company has signed cooperation agreements with regional partners covering education, hospitality, healthcare, smart cities—and rentable robots.
SAMA has licensed DaftarPay to provide BNPL services, raising the number of licensed finance companies to 76 and supporting financial innovation, inclusion, and access across Saudi Arabia.
The deal follows Dubizzle Group's earlier investment in Tern, extending its rental strategy from tenants to landlords.
The deal deepens Noon's AI-powered education push in the Kingdom.
Swiss crypto firm Bitcoin Suisse has received regulatory approval to begin operating in the UAE through ADGM.
These incentives seek to encourage broader participation in Egypt's recently launched derivatives market.
Egyptian fintech Klivvr says it now serves over 700,000 users as it expands its AI-powered financial ecosystem across Egypt.
The new facility gives AI companies access to sovereign compute infrastructure powered by NVIDIA B200 GPUs in the UAE.
A Google.org-backed AI initiative is helping UAE organisations move from AI pilots to implementation.