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News Inc.Arabia Staff

Blockchain Sports, Alpha Jossor to Build New Sports Complex

The sports complex will feature a football academy using integrated training solutions and real estate development aligned with a smart sports city.

News Inc.Arabia Staff

Entlaq Acquires Stake in Egyptian Foodtech Startup Brotinni

Brotinni offers solutions to reduce environmental impact and maintain food product sustainability.

News Inc.Arabia Staff

First Avenue Sets IPO Price Range for NOMU Listing

The offering period will start on September 10th and end on September 16th.

News Inc.Arabia Staff

Digital Dubai, RIT Dubai Launch AI Courses

The initiative supports Dubai's broader goals of driving digital transformation and innovation.

News Inc.Arabia Staff

IO Kitchens Bags $2.8 Million in Seed Round

​​​​​​​Founded in 2021 by Hisham Hasan, IO Kitchens operates three cloud kitchens and over 30 F&B brands, offering delivery-only meals.

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.

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