PwC Australia has announced the pilot of a new AI-driven auditing platform, part of a strategic investment exceeding $945 million, in partnership with Microsoft. The initiative aims to revolutionize auditing […]
Jahez International Company has officially announced the completion of the second phase of its strategic acquisition and subscription agreement in Qatar-based Snoonu Holding. In this phase, Jahez subscribed to 702,300
Investcorp, the global alternative investment firm, has announced the final close of its $750 million Golden Horizon Cooperation Fund, in partnership with China Investment Corporation (CIC), one of the world’s
Oqood, a UAE-based company specializing in AI-powered legal solutions, has announced the successful closure of a $1 million Seed funding round led by a group of angel investors. The newly
Berlin, Germany – Berlin-based workflow automation startup n8n has successfully closed a $180 million Series C funding round, bringing its valuation to $2.5 billion. The round was led by Accel,
Janus Henderson, a leading global active asset manager, has announced the first close of its $300 million Shariah-compliant direct lending fund – the MENA Private Credit Fund IV – securing
UAE-based accounting technology startup Oncount has successfully raised $1.5 million in a seed funding round, led by tech entrepreneur Sergey Panov. The fresh capital will accelerate the development and launch
Value Makers Studio (VMS) announced its strategic participation in the ongoing investment rounds of two high-potential startups: Ballurh and Arab Therapy, during the VMS Bridge 2025 event, reinforcing its commitment
Tamweel Aloula, a leading provider of financing solutions for individuals and businesses, has announced a strategic partnership with Lean Technologies to enable Account Verification Service (AVS) through open banking infrastructure.
Spare, the fintech innovator specializing in open banking infrastructure, has successfully closed its Pre-Series A funding round, raising $5 million. The round was led by anb Seed Fund from anb
At the Money20/20 Middle East event in Riyadh, the Saudi Central Bank (SAMA) announced the launch of Google Pay across Saudi Arabia, a landmark step that strengthens financial inclusion and
The Saudi Central Bank (SAMA) announced today, Monday, its no objection to Vision Bank commencing its digital banking operations in the Kingdom of Saudi Arabia. This approval aligns with SAMA’s
Revolut, the global financial super app, has received in-principle approval from the Central Bank of the UAE (CBUAE) for its Stored Value Facilities (SVF) and Retail Payment Services (Category II)
Money20/20 Middle East has announced its founding partners and key sponsors for the inaugural edition set to take place in Riyadh from 15–17 September 2025, bringing together top global financial
Fitting, the innovative tech platform connecting building material suppliers with real estate developers and retailers, founded by Abdulaziz Al-Mubayyid and Mohammed Al-Mubayyid, has announced the successful closing of a $500,000
Dubai, UAE; 04 September 2025: Mastercard has announced a strategic collaboration with Qlub, a leading fintech innovator in the hospitality sector, to advance digital and contactless payments across the GCC.
Basata Holding for Financial Payments S.A.E., Egypt’s leading e-payment services provider, announced plans to invest approximately USD 7 million in 2026 as part of its strategy to strengthen its market
OpenAI is set to produce its first in-house AI chip next year in partnership with U.S. semiconductor giant Broadcom, the Financial Times reported, citing people familiar with the matter. According
Umm Al-Qura University, represented by its Intellectual Property Administration, has obtained a license for the “Intellectual Property Incubator and Accelerator” from the Small and Medium Enterprises General Authority (Monsha’at). This
Anthropic has successfully completed a Series F fundraising round of $13 billion led by ICONIQ, bringing the company’s valuation to $183 billion post-money. The round was co-led by Fidelity Management
The Small and Medium Enterprises General Authority (Monsha’at) has launched the second edition of the “Estrdad” initiative, designed to refund government fees for startups and SMEs with a total value
216 Capital has announced a strategic investment in Addvocate.AI, the Franco-Tunisian startup specialised in optimising sales performance with artificial intelligence. Founded in 2024 by Ridha Mami and Sofyan Chekir, Addvocate.AI
Anthropic has announced the launch of a research preview for its new AI browser agent, Claude for Chrome, powered by its proprietary Claude models. According to TechCrunch, the agent is
Riyadh, Saudi Arabia – Saudi Arabia granted 34 licenses for regional headquarters in Q2 2025, reflecting the Kingdom’s ongoing efforts to position itself as a leading business hub in the
Cointel, an AI-native platform for crypto education and intelligence, has raised $7.4 million USD in a strategic funding round led by Avalanche, the U.S.-based high-performance Layer 1 blockchain, alongside Japan’s
Perplexity AI, the artificial intelligence startup, has confirmed making an unsolicited $34.5 billion bid to acquire Google’s Chrome browser, surpassing its own market valuation and backed by commitments from several
Delve, an AI-powered compliance startup, has secured $32 million in a Series A funding round led by Insight Partners, raising its valuation to $300 million. The company has evolved from
The Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance, has announced the selection of 20 innovative startups to join the 10th cohort of
Juridoc.tn, a pioneering legal-tech startup based in Tunisia, has announced a joint investment from Go Big Partners and 216 Capital Ventures. This investment supports the company’s ambitious expansion into the OHADA region, which includes
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
Sign up to receive our weekly digest of stories, op-eds, events and more updates.
