News Inc.Arabia Staff Sama Water to Offer 20% Stake in Nomu Market IPO Qualified investors can submit orders for the IPO starting from Wednesday, October 2nd, until Tuesday, October 8th.
News Inc.Arabia Staff OpenAI Eyes $150 Billion Valuation in New Fundraising Talks The funding round is expected to be led by Thrive Capital.
News Inc.Arabia Staff Apple Launches AI-Powered iPhone 16 The iPhone 16 introduces “Apple Intelligence,” a set of AI-powered features aimed at improving functionality across its devices.
News Inc.Arabia Staff Hub71 Welcomes 21 Startups in Latest Cohort These startups, which collectively raised $134.9 million in funding, will participate in Hub71’s Access program.
News Inc.Arabia Staff Digital Dubai Launches Guidebook for Safe Social Media Use The guidebook helps parents to take an active educational role in their children’s online activities.
News Inc.Arabia Staff Aramco Unveils AI Partnerships and Supercomputer Deployment Aramco also introduced an AI supercomputer, powered by NVIDIA GPUs.
News Inc.Arabia Staff Paymob Raises Additional $22 Million in Series B Extension This latest funding was led by EBRD Venture Capital with participation from Endeavor Catalyst, as well as existing investors such as PayPal Ventures, BII, FMO, A15, Nclude, and Helios Digital Ventures.
News Inc.Arabia Staff SDAIA and IBM Partner to Launch AI Center of Excellence This center will focus on creating innovative applications tailored to government needs, adhering to global standards and governance frameworks.
News Inc.Arabia Staff US' Gosu Academy Expands to UAE Gosu Academy provides personalized coaching, online sessions, and a flexible learning platform for individual gamers.
News Inc.Arabia Staff G42 to Launch Hindi Large Language Model NANDA NANDA aims to provide generative artificial intelligence (AI) capabilities to over half a billion Hindi speakers.
News Inc.Arabia Staff DMCC Launches AI Centre to Support AI Solutions in MENA The launch aligns with DMCC’s efforts to improve global trade through AI.
News Inc.Arabia Staff Regards Bags $1.5 Million in Funding Round Regards also extends its services to businesses through an employee rewards program.
News Inc.Arabia Staff Tree Launches Saudi Arabia's First Pet Insurance This product aims to support the growing number of pet owners in Riyadh and across the kingdom.
News Inc.Arabia Staff FlapKap Pockets $34 Million in Pre-Series A Round This funding follows a $3.6 million seed round in 2022, bringing the company’s total funding to $37.6 million.
News Inc.Arabia Staff MENA Startups Secure $83 Million in Funding in August 2024 The largest deal was Yuze’s $30 million round, with debt financing making up just 3% of total investment.
News Inc.Arabia Staff Blockchain Sports, Alpha Jossor to Build New Sports Complex The sports complex will feature a football academy using integrated training solutions and real estate development aligned with a smart sports city.
News Inc.Arabia Staff Entlaq Acquires Stake in Egyptian Foodtech Startup Brotinni Brotinni offers solutions to reduce environmental impact and maintain food product sustainability.
News Inc.Arabia Staff First Avenue Sets IPO Price Range for NOMU Listing The offering period will start on September 10th and end on September 16th.
News Inc.Arabia Staff Digital Dubai, RIT Dubai Launch AI Courses The initiative supports Dubai's broader goals of driving digital transformation and innovation.
News Inc.Arabia Staff IO Kitchens Bags $2.8 Million in Seed Round Founded in 2021 by Hisham Hasan, IO Kitchens operates three cloud kitchens and over 30 F&B brands, offering delivery-only meals.
News Inc.Arabia Staff Saudi HissaTech Raises $667K in Pre-Seed Round The company plans to use the funds to expand its digital platform, which allows users to co-own income-generating real estate properties, offering rental income and potential capital gains.
News Inc.Arabia Staff Sol.online Launches Fintech Accounting Services in Dubai The company focuses on internal audits, team training, and automated compliance checks to meet accounting standards.
News Inc.Arabia Staff AI to contribute 12% to Saudi Arabian GDP by 2030: SDAIA The AI market in Saudi Arabia is forecasted to grow with a 29% CAGR, reaching a market volume of $9.2 billion by 2023.
News Inc.Arabia Staff Musk Refutes Report of xAI Negotiating Tesla Revenue Share He described the report as "not accurate."
News Inc.Arabia Staff Navatech Raises $750K in 1st Phase of $3 Million Seed Round This funding will help the company advance its technology and expand its reach.
News Inc.Arabia Staff Tamara Partners with Soliman Fakeeh for Flexible Payments This collaboration will allow patients to benefit from easier financial options when seeking medical care.
News Inc.Arabia Staff Presight Wins Contract to Enhance Jordan’s Healthcare The project will utilize M42’s Abu Dhabi Health Data Services expertise to implement technologies and data-driven strategies aimed at improving healthcare outcomes in Jordan.
Technology Sponsored Content CyberKnight Showcases Zero Trust at MENA ISC 2024 in Riyadh The 12th edition of the conference, themed “Hyper-resilient cyber: Navigating the Evolving Threat Landscape of IT, OT, IoT, IIoT, and Hybrid Cloud.”
News Inc.Arabia Staff Sheikh Tahnoun Named Among TIME's Top 100 AI Influencers Sheikh Tahnoun joins notable figures such as ChatGPT creator Sam Altman and Meta CEO Mark Zuckerberg on the influential list.
News Inc.Arabia Staff Fourth Milling Company to Launch IPO on Saudi Exchange The raised funds will be used to expand the company’s portfolio, invest in infrastructure, and grow its FOOM brand.
News Inc.Arabia Staff UAE Ministry Introduces AI Chatbot to Enhance Services Developed in partnership with the Telecommunications and Digital Government Regulatory Authority (TDRA), the chatbot is part of the ministry's ongoing digital transformation efforts.
News Inc.Arabia Staff UAE Launches Arab World’s First Nuclear Power Plant The UAE has emphasized that its nuclear program is intended solely for peaceful purposes, with no plans for uranium enrichment or nuclear reprocessing.
News Inc.Arabia Staff UAE Announces September 15th as Mawlid al-Nabi Holiday The announcement was made by the Federal Authority for Human Resources.
News Inc.Arabia Staff Dubai Crown Prince Names New CEOs for Key Government Roles Decisions No. (54) through (59) took effect on April 1st, 2024, and will be published in the Official Gazette.
News Inc.Arabia Staff Reachware Pockets $3 Million in Seed Funding Round The funding will be used to expand operations, develop new products, and enhance sales and marketing efforts in the GCC market.