The additional financing brings Lucid's liquidity to $3.75 billion, supporting operations through late 2027.
The startup has launched WafrChain, a blockchain platform designed to digitise Islamic sukuk issuance and settlement.
The agreements will finance AI computing equipment and electricity infrastructure to support future data centres.
The Dubai-headquartered firm will help governments and enterprises deploy OpenAI technology across their operations.
The Riyadh-based startup will use the facility to expand residential rental financing and enter commercial leasing.
The Saudi startup will use the undisclosed round to develop its AI-powered lead generation tools and expand across MENA.
The one-on-one service will help eligible Emirati founders identify, protect and register intellectual property.
The UAE-based insuretech has secured new investment from SC Ventures and SBI Group in the second close of its Series B round.
The Saudi cybersecurity company uses agentic AI to help organisations detect, investigate and respond to cyber threats.
The Egyptian payments infrastructure startup will use the funding to enter new African markets, secure licences and expand its product line.
The GCC venture studio will use the pre-seed funding to scale eight brands, launch a live commerce platform and bring more creators into its portfolio.
The platform brings banking, payments, logistics and financing services into one digital marketplace for SMEs.
‘The Pitch’ is open to Dubai-based startups and entrepreneurs. Successful ventures will advance to the Shark Tank Dubai Finale.
The global payments company will use its new Dubai base to expand cross-border payments and treasury services between China and the region.
YS Lootah Robotics has opened a Dubai showroom where organisations can test humanoid, cleaning and service robots.
The Abu Dhabi AI startup will use the undisclosed investment to expand sovereign AI applications across finance and healthcare.