News Inc.Arabia Staff KSA to Host World Investment Conference in November The conference aims to convene leaders and stakeholders from around the world to explore investment trends and opportunities.
News Inc.Arabia Staff Dubai Announces World's Largest Airport Expansion Plans The airport will have five parallel runways and 400 airplane gates and will utilize modern aviation technologies for the first time.
News Inc.Arabia Staff UAE’s IHC Secures Nearly 15% Stake in Colombia’s Nutresa This move follows IHC's prior investment in Lulo Colombia, where it injected $200 million in 2022 into Lulo Bank, Colombia's first regulated digital bank.
News Inc.Arabia Staff Egypt's Act Financial Eyes Q2 2024 IPO The firm will be traded under the ticker symbol ACTF.CA.
News Inc.Arabia Staff Bayanat, Yahsat Shareholders Greenlight Merger The global AI-powered company specializes in space technology and geospatial solutions.
News Inc.Arabia Staff TikTok Will Go To Court To Contest US Ban Last week, US President Joe Biden signed a bill that would effectively ban TikTok in the US within a year if the social media giant doesn't divest its US company.
News Inc.Arabia Staff WEF Special Meeting in Riyadh Tackles Global Collaboration Bringing together 1,000 global leaders from 92 countries on April 28th–29th, the Special Meeting will discuss the war on Gaza and the economic challenges of the region.
News Inc.Arabia Staff WEE Marketplace Secures $10 Million Investment The recent $10 million infusion is combined with an additional $2 million from existing shareholders.
News Inc.Arabia Staff Saudi Miahona to Offer 30% Stake in Local IPO As part of the public-private partnership (PPP) initiative, Miahona aims to offer 48,277,663 ordinary shares, currently held by Vision Invest.
News Inc.Arabia Staff Alkhabeer Capital Plans IPO for Its Diversified Fund The offering is scheduled to commence on Sunday, April 28th.
News Inc.Arabia Staff Investcorp, CIC Unveil $1 Billion Platform The Platform will draw support from institutional and private investors in the GCC.
News Inc.Arabia Staff ADQ Acquires 49% Stake in Australia’s Plenary Group The transaction is pending customary closing conditions and regulatory approvals.
News Inc.Arabia Staff Fakeeh Care Group to Launch IPO on Saudi Exchange Fakeeh Care Group operates four hospitals.
News Inc.Arabia Staff IMF Opens Regional Office in Saudi Arabia Abdoul Aziz Wane, has been appointed as the first director of the regional office.
News Inc.Arabia Staff TVM Capital Healthcare Invests $17 Million in Neurocare This marks the ninth investment by TVM Capital Healthcare aimed at enhancing healthcare accessibility and quality across the MENA region.
News Inc.Arabia Staff Shorages Raises $1 Million Pre-Series A Round The funding will help the logistics startup expand its warehouses in the region.
News Inc.Arabia Staff Aptera Motors Expands in the UAE Aptera is set to roll out the exclusive 'Union Edition' Aptera, slated for delivery in 2026.
News Inc.Arabia Staff Flynas Sets 2024 IPO Date Amid Expansion Plans flynas is also exploring the acquisition of 30 widebody aircraft to expand its network.
News Inc.Arabia Staff Microsoft Unveils Phi-3-mini Phi-3-mini is set to be immediately accessible through platforms such as Microsoft's Azure AI.
News Inc.Arabia Staff Ten Egyptian Startups Win VMS Bridge Programme Awards Exits company has pledged support to all participating startups, extending a 50% discount on its investment readiness program.
News Inc.Arabia Staff ADQ, Oman Investment Authority Unveil $180 Million Tech Fund Founded in 2018, ADQ boasts a diverse investment portfolio spanning several sectors of the UAE economy, including energy, utilities, agriculture, healthcare, and transportation.
News Inc.Arabia Staff Cryptocurrency Adoption Surges in Middle East: Bitget Bitget's research forecasts a continued uptrend in cryptocurrency adoption across the Middle East.
News Inc.Arabia Staff KSA's Ithra to Showcase Innovations at Milan Design Week Ithra will unveil two new works focusing on sustainability and ingenuity.
News Inc.Arabia Staff Startups Without Borders Unveils 5th Annual Summit in Cairo The event will feature speakers and investors from London, Japan, the US, Senegal, Kuwait, and Saudi Arabia.
News Inc.Arabia Staff G42, Qualcomm Team Up to Enhance AI Inference Performance This collaboration will see the integration of Qualcomm's high-performance, energy-efficient Qualcomm® Cloud AI 100 solutions into Core42’s Condor AI platform.
News Inc.Arabia Staff UAE Entrepreneur Secures Investment on Shark Tank Dubai The funding will help the local baby food startup to expand.
News Inc.Arabia Staff Spinneys' $375 Million Dubai IPO Attracts Franklin Templeton Supermarket chain Spinneys' in the United Arab Emirates is seeking to raise a 25% stake in an initial public offering, it disclosed on Tuesday.
News Inc.Arabia Staff TLcom Closes Africa's Largest Early-Stage VC Fund The oversubscribed fund, more than double the size of its predecessor, garnered support from both new high-profile investors and returning LPs.
News Inc.Arabia Staff Egypt’s Bokra Secures $4.6 Million Pre-Seed Funding The launch is scheduled for the second quarter (Q2) of 2024.
News Inc.Arabia Staff TikTok Unveils New Measures for Enhanced Safety The new measures are scheduled to roll out next month.
News Inc.Arabia Staff Dubai to Host AI Prompt Engineering Championship The event is scheduled for May 20-21, 2024.
News Inc.Arabia Staff Waffarha.com Secures Seven-Figure Seed Round from Saudi VMS The partnership with VMS will facilitate Waffarha.com's expansion into Saudi Arabia.
News Inc.Arabia Staff PIF, stc Join Forces in Telecom Tower Megamerger TAWAL is Saudi Arabia's largest telecommunications infrastructure firm.
News Inc.Arabia Staff Egypt’s bluworks Secures $1 Million Pre-seed Investment The recent funding injection will fuel bluworks' efforts to fortify its product offering and augment its team.
News Inc.Arabia Staff Microsoft Teases Lifelike Avatar AI Tech This AI model can generate animated videos featuring synchronized lip movements and natural head motions.