Jordan’s Alefredo Edtech acquires UK's Tutor House for $600,000 to build a unified platform for EMEA

Jordan’s Alefredo Edtech acquires UK’s Tutor House for $600,000 to build a unified platform for EMEA

Alefredo EdTech, a leading digital learning provider for international curricula, today announced the acquisition of Tutor House, a premier UK-based tutoring platform. This strategic move unites Alefredo’s vast library of digital content and exam resources (British, American, and IB education Systems) with Tutor House’s global network of over 30,000 qualified tutors, creating a powerful new […]

Riverbed Study Finds 92% of Decision Makers in the Financial Services Industry Agree that Improving Data Quality is Critical to AI Success

Riverbed Study Finds 92% of Decision Makers in the Financial Services Industry Agree that Improving Data Quality is Critical to AI Success

Financial Services organizations lead with a strong ROI on AIOps initiatives but only 12% have AI projects fully deployed enterprise-wide, and a substantial 62% still remain in pilot or development stages Dubai, United Arab Emirates – February 4, 2026 – Riverbed, the leader in AIOps for observability, today released Financial Services industry findings from its […]

Shorooq Signs MOU with Qatar’s PayLater to Explore Institutional-Grade Sharia-Compliant Credit Facility

Shorooq Signs MOU with Qatar’s PayLater to Explore Institutional-Grade Sharia-Compliant Credit Facility

UAE-based multi-strategy investment firm Shorooq has signed a Memorandum of Understanding (MOU) with PayLater, Qatar’s first Qatar Central Bank (QCB)-licensed, Sharia-compliant Buy Now, Pay Later (BNPL) provider, to explore the structuring of a scalable, institutional-grade credit facility. The proposed facility is intended to support PayLater’s next phase of growth, providing non-dilutive, Sharia-aligned credit capital tailored […]

UAE-based HRtech Qureos secures $5 million to scale across MENA

UAE-based HRtech Qureos secures $5 million to scale across MENA

Qureos, an AI driven hiring platform founded in the Middle East, has closed a $5 million seed round led by Prosus Ventures and Salica Oryx Fund, with participation from Oraseya Capital, PlusVC, F6 Ventures, BDev Ventures, Sunny Side Venture Partners and Daniel Tyre, an early HubSpot executive who helped scale the company from inception to […]

Arab Bank Leads Payment Operations Transformation as the First Bank in the Middle East to Adopt PayTic

Arab Bank Leads Payment Operations Transformation as the First Bank in the Middle East to Adopt PayTic

PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]

Silicon Valley pioneer targets 100 new VCs in the Middle East

Silicon Valley pioneer targets 100 new VCs in the Middle East

Adeo Ressi eyes multiple cities as potential regional hubs. PALO ALTO, CALIFORNIA — Adeo Ressi, CEO of Decile Group, Chairman of the Founder Institute, and inventor of the SAFE Note, is announcing plans to launch at least 100 new VC firms across the Middle East by 2028. Ressi plans to bring more Silicon Valley expertise to […]

Checkout.com announces strategic partnership with Spotify to power efficient, scalable payments globally

Checkout.com announces strategic partnership with Spotify to power efficient, scalable payments globally

Checkout.com selected to deliver a high-performance digital payments experience to Spotify’s global audience across 180+ countries. AI-powered optimization and advanced payment technologies will enhance performance, security, and reliability Checkout.com, a leading global digital payments provider, has announced a new strategic partnership with Spotify, the world’s most popular audio streaming subscription service. The partnership will enable […]

Lebanon-based HAQQ Legal AI raises $3 million to scale Legal AI platform across MENA

Lebanon-based HAQQ Legal AI raises $3 million to scale Legal AI platform across MENA

Beirut – Lebanon-based regtech startup HAQQ Legal AI has raised $3 million in funding to date to accelerate the development and global rollout of its Legal AI and practice management platform, the company announced today. The funding round was led by Sowlutions Ventures, with participation from HITEK Ventures, Corona Legal, IM FNDNG, Highworth, Razor Capital, […]

AE Coin: A Payment Method for UAE’s Federal Government Authorities

AE Coin: A Payment Method for UAE’s Federal Government Authorities

The UAE Federal Government is the first in the region to adopt regulated stablecoin as a mode of payment for the government services. Abu Dhabi, UAE – 2 February, 2026. In a landmark advancement for the region’s digital-government infrastructure, AE Coin has been recognized as a payment method for all federal government authorities, marking the […]

Shorooq launches $200m late-stage growth fund backed by QIA

Shorooq launches $200m late-stage growth fund backed by QIA

Doha, Qatar – Shorooq, a leading tech-focused multi-strategy investment firm, today announced the launch of its $200 million late-stage growth fund, backed by QIA among others at Web Summit Qatar. The Fund—launching under the Qatalyst Series—is built to support companies at a pivotal stage of maturity: businesses with proven scale, strong fundamentals, and clear pathways to […]