Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Khazna Data Centres has raised $2.62 billion in financing from ADCB and FAB to support expansion in MENA and global markets. With AI-ready facilities planned in the UAE and abroad, Khazna targets 1GW of capacity while doubling its role in the region’s growing data economy.
Thndr raised $15.7 million led by Prosus to expand its digital investment platform in the UAE and Saudi Arabia. It launched Thndr Alpha and ThndrX for beginners and professionals and seeks an asset management license in Egypt. Thndr continues to democratize investing for underserved MENA populations.
Nawy has secured $75 million in funding to fuel its expansion across MENA and elevate its tech-driven real estate services. With an AI-first approach and new market expansion plans, the company is poised to transform the real estate industry in Africa and the Middle East.
BitOasis, the Middle Eastern arm of CoinDCX, has launched in Bahrain, marking a significant step in its expansion across the MENA region. With Bahrain’s favorable regulatory environment, the move positions BitOasis for future growth in the region, empowering individuals to engage in the digital economy and expanding crypto adoption.
Career 180, an Egyptian ed-tech startup, has secured a six-figure investment from Den VC to expand into Oman, Malta, and Saudi Arabia. The funding will help scale its LMS product, localize content, and reach its goal of qualifying 1 million individuals, targeting unemployed youth for career development.
MEIZU, in collaboration with Geely Auto, launched a product line in Dubai, marking its expansion into the MENA region. The event introduced AI-powered innovations, including smart glasses and smartphones, aimed at transforming consumer experiences. MEIZU aims to build a strong regional presence and expand its global footprint.
MEIZU, in partnership with Geely Auto, launched AI-powered products in Dubai, marking its expansion into the MENA region. The event showcased innovative tech like StarV Air2 smart glasses, StarV View AR glasses, and the MEIZU Note 22 smartphone, all aimed at transforming lifestyle experiences with AI integration.
Meta has expanded its AI chatbot to the MENA region, offering Arabic language support and new features like virtual assistants, personalized recommendations, and stylistic selfies. The service is now available in 42 countries, with plans for multimodal features and continued rollout across more regions.
Lola Do Inc. raised $1.3 million in pre-seed funding, led by Vision Ventures and Plus VC, to revolutionize the cake customization industry. With its mobile app, Lola offers personalized cakes for every occasion, expanding rapidly in Saudi Arabia, Bahrain, and the UAE. The company is poised for further regional growth.
Dabchy, a Tunisia-based circular fashion marketplace, raised a seven-figure USD pre-Series A round to fuel expansion across MENA, focusing on Egypt. The platform, which serves over 1.3 million users, aims to revolutionize sustainable fashion and enhance its logistics and user experience, contributing to the growth of the second-hand market.