Startup Inc.Arabia Staff UAE Fintech Startup Kema Secures $2 Million Pre-Seed Funding Kema aims to digitize and streamline the intricate invoice-to-cash process, commonly referred to as accounts receivable.
News Inc.Arabia Staff UNDP Introduces Green Growth and Jobs Accelerator Project This innovative program aims to empower entrepreneurs and Small and Medium Enterprises (SMEs) to drive green growth.
News Inc.Arabia Staff UAE Launches $200 Million Global Tech R&D Platform The platform is poised to offer tailored solutions to pressing technological needs.
News Inc.Arabia Staff AstroLabs: Challenges, Opportunities of Businesses in Saudi As more companies seek to leverage on Saudi Arabia's rich and largely untapped market, a report by AstroLabs examines the challenges and opportunities that companies looking to enter the Saudi market face.
News Inc.Arabia Staff PIF's TASARU Mobility Invests in Project 3 Mobility This brings the total amount of money secured by Project 3 Mobility from private investors to over €100 million ($107.71 million).
News Inc.Arabia Staff Jordan's ISSF Invests in MSA Novo to Boost Local Startups By investing in MSA Novo, ISSF facilitates access to global markets for Jordanian startups.
News Inc.Arabia Staff Last Week in Funding (5-11 February) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff Alef, MetaMetrics, Partners to Launch Arabic Reading Scale This partnership aims to enhance the literacy skills of around 100 million K-12 Arabic speakers in MENA.
News Inc.Arabia Staff Altman Eyes Raising $7 Trillion for his AI Chip Project This amount surpasses the current valuation of the entire global chips market and exceeds the combined market capitalization of tech giants Apple and Microsoft.
News Inc.Arabia Staff Meta to Start Labeling AI-Generated Images from Companies These labels will serve as a signal to users, indicating the artificial nature of certain visuals that closely resemble genuine photographs.
News Inc.Arabia Staff Maqta Gateway Secures Majority Stake in Dubai Technologies Maqta Gateway aims to augment its suite of digital offerings in port digitalization and trade facilitation.
News Inc.Arabia Staff Al Bustan Nurseries Acquires 10% Stake in Nabataty Founded in 1983, Al Bustan Nurseries specializes in seasonal flower plants, vegetable seedlings, indoor plants, indoor and outdoor ponds, and garden supplies.
News Inc.Arabia Staff Apple Unveils New AI Image Tool The tool enables users to seamlessly remove unwanted elements from backgrounds, allowing the primary subject to stand out.
News Inc.Arabia Staff PLAYBOOK Platform Acquires Women Spark By joining forces with PLAYBOOK, both entities seek to establish an inclusive ecosystem that empowers women professionally and financially.
News Inc.Arabia Staff Hitches & Glitches Introduces New Kitchen App Hitches & Glitches has launched this app to swiftly address any equipment downtime.
Startup Inc.Arabia Staff Saudi Proptech Rize Secures $2.9 Million in Seed Funding The funds will fuel the startup growth and expansion plans.
News Inc.Arabia Staff Saudi Arabian Modern Mills To Offer 30% Stake in Riyadh IPO The move is in line with the kingdom's privatization drive within the flour milling sector.
Startup Inc.Arabia Staff Dubai-Based AI Dubbing Platform CAMB.AI Raises $4 Million This latest funding round is set to fuel CAMB.AI's growth. CAMB.AI boasts over 100 million views of its dubbed content.
News Inc.Arabia Staff Saudi Economy Aims for $1.7 Trillion Under Vision 2030 Investment opportunities in the kingdom are expected to surpass $3.3 trillion by the decade's end.
News Inc.Arabia Staff Google Launches AI Q&A Series for MENA Region Dubbed "Googleyat," the series will be available on various platforms including Google Arabia's channels.
News Inc.Arabia Staff Mubadala Invests in Manipal Health Enterprises Temasek, a Singapore-based global investment company, will retain a majority stake in the healthcare firm.
Startup Inc.Arabia Staff Kuwaiti Bookr Secures Undisclosed Bridge Round from Plus VC The infusion of capital will bolster Bookr's proprietary capabilities, ramp up marketing endeavors and enrich user experience.
Startup Inc.Arabia Staff Tunisian Cynoia Wraps Up $930,000 Funding Round Since its inception, the startup has served over 3,000 users across nine different countries, underscoring the efficacy of its approach.
News Inc.Arabia Staff UK-based Kazyon Limited Acquires 50% Stake in KSA’s Dukan The acquisition will enable Kazyon to utilize invested capital to expedite the expansion of Dukan's store footprint.
News Inc.Arabia Staff Abu Dhabi Wealth Fund ADIA Eyes Stake in Wanda Mall Unit Talks have been undertaken by ADIA, the Abu Dhabi wealth fund, regarding the possible acquisition of a share in Zhuhai Wanda Commercial Management Group Co.
News Inc.Arabia Staff QX Lab AI Launches Ask QX in Over 100 Languages Ask QX supports text and audio formats, with plans to integrate image and video functionality in the first quarter of 2024.
News Inc.Arabia Staff Middle Eastern Retail Giant LuLu Group Eyes $1 Billion IPO Lulu was established by Indian entrepreneur Yusuff Ali during the Gulf's oil boom of the early 1990s.
Startup Inc.Arabia Staff UAE’s Boltable Studio Secures Funding from Chalhoub Group Both firms are aiming to influence the virtual shopping experience.
Startup Inc.Arabia Staff Saudi Anabolic Closes $9 Million Seed Round The startup will use the funds to develop its technologies and accelerate its expansion in the Saudi market.
News Inc.Arabia Staff Last Week in Funding (January 29-Feb 4) Last week in funding is our weekly roundup of raises by startups in MENA and the GCC.
News Inc.Arabia Staff UAE’s Traveltech The Digital Hotelier Raises $200,000 in Investment TDH’s platform features multilingual support crafted to elevate user experiences and generate additional revenue for hotels, hotel apartments, and holiday homes.
News Inc.Arabia Staff Abu Dhabi Partners With 3 Firms for Clinical Research This collaborative agreement entails working closely with DoH, to foster and champion innovation within Abu Dhabi's healthcare sector.
News Inc.Arabia Staff Dubai Holding Accepting Submissions for ‘Innovate for Tomorr Applications for the challenge must be made by Sunday, March 31st.
Startup Inc.Arabia Staff PayTabs, Nearpay Partner to Boost Soft POS Payments PayTabs, which has offices in Saudi Arabia and the UAE, processes transactions for merchants and super merchants in different currencies.
News Inc.Arabia Staff Cohort 2 of XceleRise Endeavour Egypt Program Opens The goal of the 15-month program is to provide entrepreneurs with the contacts, market insights, and industry knowledge.