The first Egyptian company to top the Financial Times and Statista list, Thndr is scaling products and regional reach from the Egyptian Exchange to Abu Dhabi and planned entry into Saudi Arabia.
The recognition follows earlier regional wins across MENA and Africa for the Nahdet Misr-backed venture capital firm.
Thndr eyes licences in Saudi Dubai and Bahrain following its Abu Dhabi Securities Exchange entry.
The Dubai-based consultancy focuses on helping companies scale AI beyond pilot stages.
Acting as a prelude to the 10th Narrative Summit this October, The Shift unites leaders, innovators and decision-makers to spotlight the opportunities and challenges of AI.
The agreement focuses on scaling enterprise AI deployment across the Mubadala ecosystem and wider GCC markets.
The agreement expands cooperation between QIA and the US-based growth equity firm.
Approved under the “Generating Resilience, Opportunities, and Welfare for a Thriving Egypt II” programme, the financing targets job creation fiscal resilience and Egypt’s green transition.
Byit says the move is aimed at connecting Gulf investors with Egypt’s property market through an agent-focused platform.
The funding will support expansion of Stream’s billing and payments infrastructure across the region.
The Egypt-based VC firm is preparing a new fund focused on recycling and resource efficiency.
Shares will be added to the exchange database from May 13th but remain non-tradable pending offering approval.
The logistics startup marks the fifth exit for Beltone Venture Capital since 2023.
Recent cloud failures across the GCC have proven that innovation requires more than migration - it demands a shift from single-cloud dependency to true resilience.
The Saudi healthtech firm will expand its decision-support system across GCC hospitals.
The shipment supports a planned 5GW AI campus, with further deliveries expected in the coming months.
