The conversational system is built on a locally developed large language model designed for Modern Standard Arabic and Egyptian colloquial Arabic.
The round was led by Coefficient LP, backed by the Sawiris family, and will fund US growth, transport-operator lending and balance-sheet strengthening.
UAE-based Stellaria has raised $6.8 million at a $114 million valuation to scale its AI operating system for geospatial intelligence across defence, infrastructure and environmental applications.
France-based Pasqal and Saudi investment platform Eleven Ventures have agreed to establish Pasqal Arabia, a commercial joint venture to deploy and scale quantum computing systems across the region.
The approval allows Coinbase to arrange investment deals and provide custody for tokenised securities through ADGM.
The fintech will build infrastructure that keeps transaction amounts encrypted on-chain while preserving access for authorised auditors and compliance teams.
The partnership will give startups access to live construction projects to test AI, robotics, digital twins and other technologies.
The funding will support Raff’s GCC expansion, product development and AI capabilities as it helps online-born brands enter physical retail.
The agreement will give Egyptian startups access to financing, technical assistance, training and institutional support.
Founded in 2023 and incubated at Qatar Science & Technology Park, the platform extends its regional push to Egypt with integrated ordering, reservations, POS and operations tools for restaurants.
Led by Japan's SBI Group, the funding round takes the stablecoin neobanking platform into unicorn territory.
Businesses with annual revenue of up to Dh 3 million can continue to elect for zero taxable income through the end of 2029.
The sector is expected to grow from USD 8.7 billion in 2024, with a projected compound annual growth rate of 12%.
S&P Dow Jones Indices has decided against a proposed downgrade of Egypt to Frontier Market status.
Riders in selected parts of Jumeirah and Umm Suqeim can now book Baidu’s fully driverless Apollo Go robotaxis through Uber.
The Saudi Aramco-backed investor joined Bessemer and Tribeca in funding an AI startup building digital replicas of employees.