Signit raises $15 million Series A to scale AI-driven contract management in Saudi Arabia
Saudi-based startup Signit has raised $15 million in a Series A funding round to expand its AI-powered contract management platform,…
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Cisco report highlights impact of wireless investments on business performance in Saudi Arabia
A new Cisco report has found that strategic investments in wireless technologies are significantly improving business performance for organisations in…
Egypt’s Lucky Raises $23M Series B for Digital Credit and North Africa Expansion
Egyptian fintech Lucky has closed a $23 million Series B round — a mix of equity and debt — to…
Strategic Acquisition of Liquid Cooling Leader in Major Multi-Billion Transaction
A significant $4.75 billion deal has been announced for the sale of a liquid cooling technology firm to a global water management leader. The transaction marks a successful exit for an Abu Dhabi investment group, highlighting the increasing financial and environmental value of sustainable data center infrastructure in the age of artificial intelligence.
Qatari billionaire Sheikh Hamad bin Jassim invests in Germany’s Neura Robotics
Qatar’s Sheikh Hamad bin Jassim invests in Neura Robotics as part of a $1.2B round, signaling rising Middle East interest in AI-driven robotics.f
Syrian proptech Miftah raises pre-seed round
Miftah raises pre-seed funding to launch a verified, data-driven real estate platform aimed at improving transparency in سوريا’s property market.
Saudi Arabia firm EGDC now owns 5% stake in Capcom
Saudi Arabia’s EGDC acquires a 5% stake in Capcom, increasing the Kingdom’s presence in global gaming as part of a broader investment strategy in digital entertainment.
Saudi Arabia’s Infobrim secures angel funding at $3.5M valuation
Saudi AI startup Infobrim has raised angel funding at a $3.5 million valuation to expand its AI-powered business intelligence platform, supporting enterprise analytics and digital transformation initiatives aligned with Saudi Arabia’s Vision 2030.
World Bank initiative aims to boost digital economy in three African countries
The broader WARDIP programme was launched in November 2023 to expand internet access and promote a single digital market in West Africa. Its first phase is currently supporting The Gambia, Guinea, Guinea-Bissau and Mauritania.
Abu Dhabi’s Shorooq Joins Global Giants in $1.03bn Bet on “Causal AI”
By backing Yann LeCun’s venture, Shorooq is ensuring that the UAE’s AI strategy (anchored by initiatives like Falcon LLM) stays ahead of the curve. This investment likely signals future collaborations to bring AMI Labs’ “Causal AI” to the Gulf’s industrial, energy, and logistics sectors, where understanding the physical world is more valuable than just generating text.