Riyadh, Saudi Arabia — Merak Capital has announced a strategic investment of $26.7 million (SAR 100 million) in Arsann, a leading operator of parking infrastructure and smart mobility solutions in […]
Saudi Arabia and South Korea have launched a joint initiative to facilitate the entry of Korean startups and SMEs into the Saudi market, focusing on four strategic sectors: artificial intelligence
Amazon UAE has entered into a strategic partnership with 7X, the UAE-based logistics holding group and parent company of EMX and Emirates Post. The collaboration is designed to transform last-mile
Actual VC, 24SIX9, and AHOY, in partnership with the Municipality of Madinah Region, have launched Madinah Tech, the first municipal accelerator and urban innovation sandbox in the Middle East and
Abdul Latif Jameel, a diversified business network with over 80 years of legacy, has signed a Memorandum of Understanding (MoU) with Joby Aviation, Inc. (NYSE: JOBY), a U.S.-based company developing
Abdul Latif Jameel and Uber Technologies, Inc. (NYSE: UBER) have signed a Memorandum of Understanding (MoU) to explore opportunities to build a next-generation, scalable fleet operations platform, encompassing both traditional
Synapsia-AI, a Milan-based artificial intelligence company, has secured a $2.5 billion contract with Abu Dhabi’s Bold Technologies to provide AI-powered city management services for Abu Dhabi. The agreement was signed on March 3, 2024, following
The Dubai Land Department (DLD) has signed a cooperation agreement with REACH to launch the “REACH Middle East” real estate accelerator program. The initiative aims to attract proptech (property technology)
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