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News Inc.Arabia Staff

UAE's Hunch Bags $23 Million in Series A Round

The funding will help the polling platform to accelerate its expansion

News Inc.Arabia Staff

Mamun, Zameeli Concludes Oman's First Equity Crowdfunding

Campaign. Zameeli's collaboration with Mamun laid the groundwork for Mamun's upcoming secondary market launch.

News Inc.Arabia Staff

PIF Engages in Talks for Potential Acquisition of Saudia

Bloomberg's report suggests that the potential acquisition could entail various scenarios, including privatization or a merger with PIF-owned Riyadh Air.

News Inc.Arabia Staff

Saudi Arabia Tech Report: Businesses Forge Ahead with

Digital Transformation Despite Budget Constraints. KPMG underscores the crucial role digital transformation plays in navigating today's market challenges.

News Inc.Arabia Staff

ISSF Bolsters Investment in Propeller's Second Fund

Founded in 2017 by Tambi Jalouqa and Zaid Farekh, Propeller Ventures II (PVII) is a Jordan-based pre-Seed and Seed-stage venture capital firm (VC).

News Inc.Arabia Staff

Abu Dhabi's MGX Eyes Investment in OpenAI Chip Venture

Mubadla and G42 are the founding partners of MGX.

News Inc.Arabia Staff

Mubadala, ADIA Announce Fresh Investment Endeavors

ADIA manages assets valued at approximately $933 billion.

News Inc.Arabia Staff

SVC Invests $30 Million in Olive Rock Partners Fund I

SVC was established in 2018 to spearhead the growth of the venture capital ecosystem.

News Inc.Arabia Staff

MNT-Halan Acquires Pakistani Advans Microfinance Bank

Advans is a publicly traded corporation that operates inside Pakistan's microfinance banking sector.

News Inc.Arabia Staff

Classera Acquires Expert Solutions

Classera concluded a $40 million Series A round in October 2022.

News Inc.Arabia Staff

PIF’s Jada Unveils Its First Investment in Venture Debt

This move is aimed at bolstering the venture debt landscape in Saudi Arabia.

News Inc.Arabia Staff

Archer, Falcon Aviation to Develop Vertiport Network

Archer's aims to replace lengthy car commutes with electric air taxi flights.

News Inc.Arabia Staff

Mubadala Invests in Blue Opal Capital's Ventures Fund II

Blue Opal Capital recently introduced a Fund-of-Fund platform aimed at identifying and investing in outstanding entrepreneurial venture capitalists.

News Inc.Arabia Staff

Saudi Arabian T2 Acquires Omani Promize

​​​​​​​Established in 2022, Promize has developed a system facilitating effective analysis and communication operations.

News Inc.Arabia Staff

stc, bolttech Partner to Enhance Digital Services

The partnership aims to offer embedded device protection services to stc's customers.

News Inc.Arabia Staff

NCA Introduces New Rules for Cybersecurity Operations

The move will enhance the quality of services provided in the cybersecurity sector in KSA.

News Inc.Arabia Staff

EdfaPay Expands Global Reach with Digikhata Partnership

Established in 2022 by Ghormallah Alghamdi and Nedal Sabbah, EdfaPay provides SMEs with a tap-to-pay solution using smartphones instead of traditional POS devices.

News Inc.Arabia Staff

Gulf Capital, RDIA Join Forces for Saudi Tech Sector Boost

Under this partnership, Gulf Capital and RDIA will collaborate to bolster Saudi homegrown firms.

News Inc.Arabia Staff

ORA Technologies Secures $1.5 Million in Seed Funding

The injection of funds will help ORA accelerate the rollout of its e-wallet feature, enabling users to make instant money transfers.

News Inc.Arabia Staff

Traveltech Startup Seeru Secures Pre-Seed Funding

Future plans include the launch of an Umrah platform during the third quarter of this year.

News Inc.Arabia Staff

Egypt's Healthtech 30Med Secures Pre-seed Funding

The funding will help the company develop its platform and expand its reach.

News Inc.Arabia Staff

Mitgo Group Expands into Fintech with Embedded Acquisition

The partnership will enable publishers to gain access to loans and other financial services.

News Inc.Arabia Staff

Abu Dhabi Launches Major AI Investment Strategy

MGX's investment focus encompasses three areas: AI infrastructure, semiconductors, and core AI technologies and applications.

News Inc.Arabia Staff

Morocco Fintech PayLik Raises Funds from 212 Founders

This marks the fintech's second funding round in less than 6 months.

News Inc.Arabia Staff

ElGameya, Saad Khalid Al-Moajil Partner on Fintech Solutions

The partnership will allow ElGameya to extend its ROSCA services to the kingdom.

News Inc.Arabia Staff

Numa Partners With Visa to Accelerate Expansion Into KSA

This partnership with Visa will allow Numa to expand its offering to current and future customers across different markets.

News Inc.Arabia Staff

Saudi Sportstech Grintafy Announces Investments From Chiliz

The strategic investment will accelerate the Web3 transition and the international growth of football in the region.

News Inc.Arabia Staff

Mojo Raises a Seven-Figure Seed Stage Investment Round

The Kuwait-based cosmetics social commerce platform will use the funding to expand in the region, particularly into Saudi Arabia.

News Inc.Arabia Staff

Long-Awaited Reddit IPO Targets $748 Million

Corporation, executives, and workers to sell IPO shares. Reddit to reserve 8% stock for moderators and board members.

News Inc.Arabia Staff

Zeroe Boosted by Seed Investment

Founded in early 2023 by Farouk Jivani and Ali Najafian, Zeroe is an AI-powered carbon management tool.

News Inc.Arabia Staff

Saudi RasMal Expands Portfolio with Pentugram Acquisition

RasMal is a Saudi-based platform specializing in equity management tools.

News Inc.Arabia Staff

Mazadak Secures $10 Million Investment

The funding round will help Mazadak expand into new markets.

News Inc.Arabia Staff

Egypt's dKilo Secures $3.2 Million Investment

With the additional funding, dKilo plans to create a new channel for brands to interact with their customers.

News Inc.Arabia Staff

Top Tennis Stars to Headline Saudi Arabia Exhibition

Among those confirmed to participate are Rafael Nadal, Novak Djokovic, rising star Carlos Alcaraz, and the newest Australian Open champion Jannik Sinner.

News Inc.Arabia Staff

9 Arab Women Entrepreneurs Who Make the World Better

On International Women's Day, Inc. Arabia celebrates inspiring Arab women founders and innovators from around the MENA region.

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