
Spare Secures USD 5 million in Pre-Series A Funding to Build the Next Generation of Open Banking Infrastructure
Riyadh, Saudi Arabia –September 16, 2025 — Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD…
Riyadh, Saudi Arabia –September 16, 2025 — Spare, a fast-growing open banking infrastructure provider based in Riyadh, has raised USD…
Doha, September 16, 2025: The Communications Regulatory Authority (CRA) has announced the launch of the updated In-Building Telecommunications Infrastructure Standards,…
Abu Dhabi, United Arab Emirates, September, 16 2025: Comera Pay, licensed and regulated by the Central Bank of the UAE…
Warba Bank has launched Rowad 6.0, its innovation program aimed at training Kuwaiti and GCC students in technology, AI, and banking solutions. Organized with DIFC Innovation Hub, the eight-week program builds on five years of success, preparing future leaders with advanced skills and hands-on mentorship to drive digital transformation.
NBK’s partnership with Weyay Bank introduces exclusive digital banking services for employees, offering budgeting tools, savings solutions, and even child-friendly financial education through the “Jeel” card. The initiative reflects NBK’s focus on empowering staff while positioning Weyay as a pioneer in digital-first financial solutions.
Iran has launched RoboLegal, its first AI-powered legal robot, to make legal services more affordable and accessible. Built locally for Iran’s legal system, it helps citizens, lawyers, and judges by offering accurate advice and handling routine tasks.
Iran will participate in ITEX Iraq 2025, showcasing ICT, AI, and cybersecurity capabilities. The move aligns with broader Iran–Iraq efforts to deepen digital cooperation, including joint projects in data centers, maritime fiber, e-government, and AI. Both countries view ICT as central to their economic and strategic partnership.
Egyptian startup Intella has raised $12.5M in Series A funding to expand its Arabic AI solutions. Its speech-to-text models, achieving 95.73% accuracy across 25 dialects, are unmatched globally. With strong investor backing, rapid revenue growth, and expansion into Saudi Arabia, Intella is positioning Egypt as a hub for Arabic-language AI innovation.
Duaya’s acquisition of EXMGO cements its leadership in Egypt’s healthcare digitalization drive, reinforcing its B2B foundation while expanding into direct e-commerce through Duaya Go. The company is now well-positioned to scale across the MENA region, offering a comprehensive suite of solutions that unite medical supplies, software, and AI.
Paystack is sponsoring Nigeria’s 2025 Kids Innovation Challenge, empowering children aged 10–17 from disadvantaged backgrounds to create tech solutions for education, healthcare, and jobs. The initiative, run by The Destiny Trust, combines training, mentorship, and holistic support to nurture Africa’s next generation of innovators.