The new venture will combine Al Faisal Holding’s local network with BKN301’s digital banking and AI infrastructure.
The Dubai firms will work on sovereign Physical AI deployments for government mobility and critical infrastructure programmes.
MNT-Halan subsidiary MNT Tech Holding has applied to list 1.6 billion shares on the EGX as it weighs a potential IPO.
The deal gives IHC exposure to satellite manufacturing, AI-enabled Earth observation and space infrastructure in Abu Dhabi.
The pilot lets shoppers pay with AED-backed DDSC by scanning QR codes at selected Marks & Spencer and LuLu locations.
The UAE startup generates real-time product pages tailored to each shopper and will use the pre-seed round to grow its merchant base and engineering team.
The vehicle will invest alongside private partners in sectors including automotive components, electronics, food, textiles and pharmaceuticals.
The Riyadh-based startup is building a sovereign AI platform that connects enterprise knowledge and workflows without moving data outside the organisation.
The index tracks supply, demand and liquidity in Egypt’s growing market for transferring instalment-based property contracts.
The AI-driven consumer finance platform will use the pre-Series A round to enter Saudi Arabia and accelerate product development across the Gulf.
The pilot at Dubai Silicon Oasis uses QuikBot robots to handle lifts and final-floor delivery inside residential and commercial towers.
The PIF-owned AI company is recruiting strategy and finance specialists to build the investor case for a potential dual listing.
The new acquiring setup lets merchants accept payments across multiple Gulf markets through one integration.
Two partnerships with El Sewedy Electric and Cassava technologies are looking to build Egypt's AI future.
Egypt’s dual digital licences signal a shift toward digitised secured credit, spanning home equity and auto finance amid large, underutilised household wealth.
Egypt's Financial Regulatory Authority has issued a consolidated guide bringing licensing, governance, credit assessment, and cybersecurity rules for consumer finance companies into a single document.