News Inc.Arabia Staff Grubtech Secures $15 Million in Series B Funding The company intends to utilize the funding to accelerate its geographic expansion and establish offices in Saudi Arabia, Europe, and the UK.
News Inc.Arabia Staff PIF Launches Neo Space Group NSG will strategically invest in local and international assets, along with venture capital opportunities, to stimulate sector-specific expertise and localization.
News Inc.Arabia Staff Goldman Sachs Establishes Riyadh Headquarter Goldman currently has offices in Doha, Riyadh, and Dubai.
Money Inc.Arabia Staff Numa, Mamun Forge Alliance for Enhanced Financial Solutions Mamun and Numa will collaborate to provide a range of financial services and products, including tools for managing money, chances for community involvement, and flexible financing alternatives.
News Inc.Arabia Staff Shorooq Partners Launches Second Private Credit Fund In collaboration with IMMG, the fund has a $100 million initial close.
News Inc.Arabia Staff Saudi Arabia Plans Aramco Shares Sale The offering could raise $10 million, and the sale is expected to happen as soon as June.
AI Everything Inc.Arabia Staff Amazon to Launch AI-Enhanced Alexa with Paid Subscriptions Since its inception in 2014, Alexa has been a flagship product for Amazon.
News Inc.Arabia Staff OneOrder Secures $16 Million Series A Funding This round follows the company's $1 pre-seed round and a $3 million Seed round in February and December 2022, respectively.
News Inc.Arabia Staff Birdnest Closes Pre-Series A Funding The round was led by investors including Beltone Venture Capital and CI Venture Capital.
AI Everything Inc.Arabia Staff Zuckerberg Establishes AI Product Advisory Group The new advisory group differs from Meta’s existing 11-person board of directors in several key ways.
News Inc.Arabia Staff Microsoft, G42 to Set Up $1B Geothermal Data Center in Kenya Kenya, the world's eighth-largest producer of geothermal energy, plans to double its overall geothermal power output by 2030.
News Inc.Arabia Staff stc Launches 11th Batch of inspireU Since its inception in 2015, the inspireU program has accelerated over 110 digital startups across various fields.
News Inc.Arabia Staff UAE’s Huspy Closes New Investment Round The new undisclosed investment is set to help Huspy to further expand in Europe.
News Inc.Arabia Staff Almouneer, IMC Partner to Enhance Chronic Disease Treatment With the support of specialized medical facilities and international experts, the cooperation will offer advanced medical services in the MENA region.
AI Everything Inc.Arabia Staff Scarlett Johansson Says OpenAI Copied Her Voice The American star said that Altman approached her twice and asked to use her voice, but she declined.
Technology Inc.Arabia Staff Huawei Launches MENA's First Public Cloud in Egypt The new cloud platform will serve 28 African countries, including Egypt, Ethiopia, and Algeria, promoting digital transformation across the region.
News Inc.Arabia Staff Jordan’s liwwa Secures $5 Million Loan from DFC The latest funding follows liwwa's previous round in 2022, where it raised $18.5 million in a pre-Series B equity and debt round.
AI Everything Inc.Arabia Staff Microsoft Unveils Copilot+ PCs Microsoft announced plans to incorporate the latest AI technology from OpenAI, GPT-4o, into the Copilot platform.
News Inc.Arabia Staff PIF, WTA Partner to Grow Women's Tennis Globally With this latest agreement, PIF now stands as the sole global partner across both the WTA and ATP Tours.
News Inc.Arabia Staff Saudi Cloud Seeding Program Prioritizes Makkah & Holy Sites The Saudi Regional Cloud Seeding Program is set to implement innovative strategies to improve weather conditions in key areas, including Makkah and the Holy Sites of Mina, Arafat, and Muzdalifah.
News Inc.Arabia Staff AngelSpark Invests in Plain Tiger The investment, undisclosed in amount, forms a significant portion of Plain Tiger’s ongoing $1.5 million Seed round.
News Inc.Arabia Staff Regeny, Tellus Power to Build EVs charging Station in UAE Tellus Power Green, headquartered in California, boasts over 150,000 AC and 12,000+ DC fast charging stations globally.
News Inc.Arabia Staff Saudia Group Orders 105 Airbus A320neo The entire A320 Family is capable of operating with up to 50% Sustainable Aviation Fuel (SAF), with ambitions to reach 100% SAF capability across all aircraft by 2030.
News Inc.Arabia Staff Riyadh Hosts Future Aviation Forum 2024 Under the theme "Elevating Global Connectivity," the three-day event anticipates over 70 agreements to be inked, amounting to a $12 billion investment.
News Inc.Arabia Staff Merit Secures $12 Million in Pre-series B Financing This funding follows an earlier Series A investment of $5 million in 2021 with TechInvest.
News Inc.Arabia Staff Alef Education Plans IPO on Abu Dhabi Securities Exchange Alef Education has approximately 1.1 million registered students, 50,000 teachers, and 7,000 schools as of 2023.
News Inc.Arabia Staff UAE Introduces 10-Year Blue Residence Visa The Blue Visa will be extended to those who have exhibited outstanding commitment and impact across various environmental domains, including marine life, land-based ecosystems, air quality, sustainability technologies, the circular economy, and more.
News Inc.Arabia Staff Saudi Arabia Stages First Swimwear Fashion Show The show took place on the second day of the inaugural Red Sea Fashion Week at the St Regis Red Sea Resort, situated off Saudi Arabia's western coast.
News Inc.Arabia Staff Iran's President Dies in a Helicopter Crash Raisi is the second Iranian president to die in office.
News Inc.Arabia Staff King Salman to Undergo Medical Tests Amid Health Concerns The monarch will undergo treatment for lung inflammation, state TV reported.
Startup Inc.Arabia Staff Revent Secures $900,000 Pre-seed Funding Revent will use the money to expand its footprint in the UAE and Saudi Arabia.
Startup Inc.Arabia Staff Airwater Co. Secures Investment from Tau Capital The investment will allow Airwater Co. to expand its manufacturing, infrastructure, and distribution capabilities.
Startup Inc.Arabia Staff Keyper Raises $34 Million in Mix of Equity, Sukuk This funding injection will enhance Keyper's rent now and pay later (RNPL) solution.
AI Everything Inc.Arabia Staff Reddit, OpenAI Partner to Integrate Content into ChatGPT Reddit will be able to offer additional AI-powered capabilities to moderators and Redditors as a result of this partnership.