The investment values the Egyptian platform at $2 million, with new funding set to support product launches and expansion into Gulf markets.

The lab will help GCC organisations test and deploy secure on-premises and hybrid AI systems while meeting data and compliance requirements.

The startup will use the funding to expand into new markets and strengthen its AI-powered advertising and financing platform.

The undisclosed deal would expand Barq’s GCC presence, while Beyon Group retains an economic interest in the Saudi fintech.

The agreement will use the FRA-Sandbox to help young founders test fintech ideas and develop them into scalable businesses.

The Dubai-backed fund has doubled in size and raised its per-startup investment cap to $6 million.

Swvl reported $16.22 million in H1 2026 revenue, with GCC revenue up 107% as Saudi Arabia, the UAE and Kuwait drove expansion.

The round was led by Artal Capital, with participation from Aljazira Capital and Wa’ed Ventures.

Jordan’s Innovative Startups and SMEs Fund is among the lead LPs in the oversubscribed vehicle, which has already backed 30 companies.

The agreement covers payment systems, fintech, monetary policy, financial inclusion, regulation and consumer protection.

Students at Cairo's International School of Elite Education will receive three programmes from INJAZ Egypt.

First issuance expected at LE 500 to LE 700 million, accessible from LE 1,000 via Amtaar’s platform.