The Egypt-born grocery platform attracted Gulf and international capital, with Mubadala leading and IFC, Olayan and SBI joining the round.
Backed by Act Financial, the financial services platform launches with a significant seed valuation, signalling strong confidence in its long-term potential.
Rubix Holding has unveiled Rubix Studio at Web Summit Qatar 2026, introducing a corporate venture-building model in partnership with Qatar Development Bank.
AntX has acquired Magnum Egypt in order to link research and development with robotics and electronics education in Upper Egypt.
The UAE has retained more than $900 million in Bitcoin exposure despite heightened market volatility and investor outflows.
Madfu plans to use the capital to scale coverage across the Kingdom, onboard more partners across retail, e-commerce, and services, and reinforce its platform to support higher transaction volumes.
The Financial Regulatory Authority updates listing and delisting rules, pairing digital oversight with new retention thresholds and a path for newly established companies.
US-based Luma AI will establish a Riyadh base to support HUMAIN Create and Arabic-native AI development.
‘Egypt Innovate’ - built by a consortium led by Entlaq with Robusta and Kamelizer - unifies startups, investors and research centres on one AI-powered national platform.
Web3 gaming developer iBLOXX Studios secures $5.4 million to expand its mobile multiplayer titles, including StrayShot.
The Central Bank of the UAE has approved DDSC a dirham-backed stablecoin issued by IHC Sirius International Holding and FAB for institutional deployment.
The Saudi AI healthtech startup is turning a veteran ophthalmologist’s expertise into a portable, proactive diagnostic system by using retinal imaging to detect chronic diseases early.
The agreement includes a 45-day go-shop and plans to retain the San Antonio HQ, pending regulatory approvals.
Across the Arab world, startups are finding tech-based solutions to healthcare accessibility and affordability.
Ten founders pitch AI-driven ideas on February 16th for a place at the Silicon Valley World Final and $100,000 in equity-free funding.
Beltone completes its largest acquisition to date, expanding into seven African markets.