The Egyptian SPAC is issuing 90 million new shares to fund acquisitions worth up to $500 million.
ADIA will join as a minority investor, with the transaction expected to close in the first half of 2027.
The Oman-based fintech will use the seed round to scale AI-powered trade origination and underwriting across the Gulf-Asia corridor.
The financing will support procurement from Italian suppliers and fund eligible green projects under PIF’s Green Finance Framework.
The agreement will assess opportunities across payments, digital wallets, smart data and fintech platforms.
Saudi Arabia is tightening its IPO regulations, introducing stricter underwriting requirements, investor checks and financial disclosure rules.
The package supports university research from idea development through prototyping and commercialisation.
The round will fund expansion into the US and Europe and strengthen Journify’s AI-driven advertising data tools.
The framework lets AI check routine cases against government rules and return decisions linked to exact clauses.
The e-Passport system will let investors from around 150 countries complete contracting procedures remotely.
Students across EEP schools will gain access to INJAZ Egypt programmes in entrepreneurship, STEM and financial literacy.
The first edition will recognise nine government projects and teams developing assistive AI solutions for public services and operations.
The Bahrain-based investment firm will deploy the capital over 24 months into industrial and logistics real estate across the Gulf.
The platform gives traders, developers and students access to APIs, market data, testing tools and automated trading infrastructure.
The insurance broker plans to become the first international broker to offer captive insurance management services in Bahrain.
Projects worth over $10 million can qualify for new satellite infrastructure incentives under a framework approved by Jordan’s Cabinet.