Falak Ventures Launches 3X Flagship Accelerator for Eight Saudi AI Startups
Falak Ventures launched its 3X Flagship accelerator on September 20, 2026, to support eight Saudi AI startups backed by the National Technology…
Saudi Fintech Erad Raises $22M Series A Led by MEVP
Saudi fintech Erad has raised $22 million in Series A funding led by MEVP to enhance Shariah-compliant financing for SMEs across the GCC.
Al Ain Future Business Forum Showcases Youth Innovations and Startups
The Al Ain Future Business Forum showcased youth-led innovations, highlighting their role in enhancing the UAE’s investment landscape.
Assiut Trains 1,000 Young People in Entrepreneurship and Financial Inclusion
Assiut’s initiative trains 1,000 youth in entrepreneurship and financial inclusion, empowering young people in Egypt’s Al-Fateh district.
Around 60 Global Startups to Participate in Saudi Investment Forum in Madinah
Around 60 global startups will join the Startup Investment Forum in Madinah from February 21 to 23, 2026, fostering MENA investment opportunities.
Raya Holding Approves Up to $60 Million for Proposed Egyptian Data Center Acquisition
Raya Holding has approved up to $60 million for acquiring a data center in Egypt, enhancing its digital infrastructure capabilities.
Saudi Entrepreneur Abdulaziz Al-Salloum Acquires 10% Stake in GlobalPay
Saudi entrepreneur Abdulaziz Al-Salloum has acquired a 10% stake in GlobalPay, enhancing its growth in the MENA fintech sector.
Nero Launches Autonomous Delivery Operations in Riyadh
Nero has launched autonomous delivery operations in Riyadh, marking a significant regulatory milestone in the MENA logistics sector.
GrowthX Capital Invests $1M in Hired Valley and Talebhub to Strengthen MENA Fintech
GrowthX Capital invests $1 million in Hired Valley and Talebhub, integrating them into the Snoonu Startup Factory to enhance MENA fintech.
Alibaba Unveils AI Models with Up to 10 Trillion Parameters and New Zhenwu V900 Chip
Alibaba announces AI models with up to 10 trillion parameters and the Zhenwu V900 chip, impacting MENA fintech. Alibaba plans to develop AI models with…