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.
News Inc.Arabia Staff The Lending Hub Nets $3.20 Million in Investment Round The funds will be used to expand and introduce additional financing solutions.
News Inc.Arabia Staff UAE’s Bayut Launches TruBroker TruBroker™ aims to simplify the property search process by connecting users with agents who offer reliable service.
News Inc.Arabia Staff Tunisia’s Wattnow Secures Multi-Million Dollar Funding Round Wattnow offers IoT-based smart energy management solutions.
News Inc.Arabia Staff KSA Eliminates Hotel Licensing Fees to Boost Tourism This move aligns with Saudi Arabia's Vision 2030, which aims to diversify the economy and reduce reliance on oil revenues.
News Inc.Arabia Staff Eton Solutions Introduces EtonGPT This new module, integrated with Eton Solution's AtlasFive® ERP system, combines advanced AI capabilities with transactional functionalities.
News Inc.Arabia Staff Tabby Plans IPO on Saudi Tadawul The firm has not set dates yet, and the names of the banks or law firms involved are not yet disclosed.
News Inc.Arabia Staff Huawei Cloud Launches AI Initiatives in Saudi Arabia This investment aims to support local talent and businesses.
News Inc.Arabia Staff SAMA and Samsung to Launch Samsung Pay in Saudi Arabia Q4 This initiative aligns with SAMA's ongoing efforts to enhance digital payment systems in Saudi Arabia.
News Inc.Arabia Staff Al Rajhi Bank Acquires Majority Stake in Drahim App Through this acquisition, Drahim plans to further enhance its offerings for both individuals and businesses.
News Inc.Arabia Staff LBS MENA Startup Competition 2024: Call for Entries Opens On September 19, the top teams will be shortlisted.
News Inc.Arabia Staff Amazon's AI Tool Saves $260Mn and 4,500 Developer-Years Jassy affirmed that Amazon plans to continue using Amazon Q for further operations.
News Inc.Arabia Staff Delivery Hero Selects Banks for Talabat's Dubai IPO Additional banks may also be brought on board for the offering.
News Inc.Arabia Staff Tarabut Acquires UK-based Vyne Vyne’s technology will be integrated into Tarabut’s operations, starting with Bahrain by the end of the year.
News Inc.Arabia Staff Malaa Bags $17.32 Million in Series A Investment Round This investment will help Malaa enhance its compliance, governance, and cybersecurity systems.
News Inc.Arabia Staff Cercli Pockets $4 Million in Seed Funding Round Since its launch earlier in 2024, Cercli has seen over $23 million in salaries paid out across 31 countries.
News Inc.Arabia Staff Tabby to Acquire Saudi Fintech Tweeq Tabby, which received its BNPL permit from SAMA in July 2023, plans to integrate Tweeq’s services into its ecosystem, pending regulatory approval.
News Inc.Arabia Staff Ziina Raises $22 Million in Series A Round The round was led by US-based Altos Ventures.
News Inc.Arabia Staff Adaye Launches Organic Menstrual Solutions in GCC The platform also includes digital content, such as blogs and podcasts, to provide information on menstrual health.
News Inc.Arabia Staff Tamara Gets Preliminary Consumer Finance License from SAMA This approval will allow Tamara to expand its services to include a broader range of financial products.
News Inc.Arabia Staff KSA Revamps Investment Rules to Boost Foreign Investment These new regulations aim to create a more welcoming environment for international investments.