Viridia Tech won the USD 100,000 grand prize at the 2024 Mega Green Accelerator in Riyadh for its AI platform enhancing crop efficiency. Mirai Solar took second place with a solar-powered shade system. The accelerator aims to support innovative solutions for food security and clean energy.
Sparklo, a UAE-based cleantech company, has expanded its network of reverse vending machines (RVMs) across the MENA region, achieving 1000% growth and collecting over 50 million bottles. With strategic partnerships, Sparklo continues its mission to revolutionize recycling and promote sustainability through technology-driven solutions and incentives.
HyperPay is revolutionizing payment gateways in the MENA region with AI-driven technologies, enhancing security, operational efficiency, and customer engagement. The company’s AI tools streamline transactions and combat fraud, ensuring a secure and user-friendly payment experience.
Oman has advanced to 41st globally in the 2024 UN E-Government Index, showcasing significant progress in digital governance. This improvement reflects enhancements in online services, telecommunications infrastructure, and human capital, aligning Oman as a leader in digital transformation in the Middle East and Asia.
Brotinni, an innovative Egyptian startup, secures new funding to expand its unique ‘dark butchery’ model, enhancing meat and poultry distribution with advanced processing and delivery solutions.
Paymob is revolutionizing digital payments across the MENA region, expanding its services and merchant base while embracing technological innovations to enhance financial inclusivity and operational efficiency.
OSN+ collaborates with castLabs to integrate DRMtoday, enhancing content security and ensuring a seamless streaming experience for its expanded user base in the MENA region.
Gushcloud partners with Talent Plus and key investors to expand its talent management operations in the Middle East and South Asia. This collaboration enhances cross-border opportunities for creators and celebrities, bridging the gap between MENA, South Asia, and Hollywood, while boosting the global creator economy.
Tarabut, the MENA region’s largest open banking platform, has acquired UK-based Vyne, enhancing its real-time payment capabilities. This acquisition enables Tarabut to expand its reach and offer seamless, account-to-account payments across the region, starting in Bahrain and soon in Saudi Arabia and the UAE.
Delivery Hero plans to list its MENA business, Talabat, on the Dubai Financial Market in Q4 2024, marking the first tech IPO there. The move, involving a secondary sale of shares while retaining majority ownership, follows the divestment of Foodpanda in Taiwan to enhance financial health.
