The sale marks e&'s exit from the British telecoms group as it refocuses on its core technology businesses.
The partnership includes dedicated computing capacity, Arabic-language AI models and enterprise AI solutions.
The Tamkeen Microfinance 3 initiative aims to finance around 2,500 businesses with loans of up to LE 400,000.
The company will invest across technology, healthcare, energy, tourism, logistics and other priority sectors in both countries.
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.
