Tirana, September 2025 — In a landmark move, Albanian Prime Minister Edi Rama has appointed an artificial intelligence bot named Diella to oversee government tenders, positioning the country as a global test case for the use of AI in governance. Unveiled during the announcement of Rama’s new cabinet in mid-September, Diella — whose name means […]
Kuwait City: Ottu, a leading fintech provider in the MENA region, today announced the launch of ECHO, a next-generation platform powered by agentic AI, enabling autonomous dispute resolution, intelligent merchant support, and seamless platform configuration. ECHO positions Ottu as the first fintech to operationalize AI-driven use cases for merchant support, dispute management, and intelligent platform control. […]
Muscat, Oman: Rihal, a leader in the region’s technology and data services sector, today announced the successful first close of its Series A funding round, targeting a total raise of $15 million. ITHCA Group led this initial close with an investment of $7.5 million, reaffirming their confidence in Rihal’s strategic direction and exceptional growth trajectory. […]
Doha, Qatar – [11 September 2025] – Rasmal Ventures, a Qatar-based leading venture capital fund with backing from the Qatar Investment Authority (QIA), proudly announced its investment in NEXX, a dual-headquartered Hong Kong and Qatar-based AI-driven logistics technology company, during the 10th Belt & Road Summit held in Hong Kong from the 10 – 11 September. The […]
UAE banks are raising the bar on digital lending. They want faster time to yes, transparent risk, and credible ROI. AdalFi’s latest numbers speak to that mandate. The company confirms more than $200M in lending enabled through partner banks with defaults steady at 0.2%. Its AI model has now processed 1.2B+ transactions, evaluated 30M+ borrowers […]
The ‘Mujib for Business’ card is designed to help companies manage their operations with greater efficiency and flexibility. MUSCAT – In line with the national drive to embed innovative digital solutions in the payments sector, Thawani has unveiled the ‘Mujib for Business’ card, the Sultanate of Oman’s first fully integrated smart financial card designed to […]
Dubai, UAE – American Express Middle East has announced a strategic partnership with Emirates NBD Pay, marking a significant step in expanding the reach and capabilities of both organizations across the United Arab Emirates. The collaboration is set to deliver smarter, faster, and more secure payment solutions, benefiting American Express Card Members, business partners, and […]
RIYADH/AMMAN – Jordan-founded and Saudi Arabia-headquartered healthtech startup 21Doctors has secured a pre-seed funding round from a group of strategic angel investors, the company announced. The value of the investment was not disclosed. Founded in 2022 by Osama Almabroum (Co-Founder & CEO) and Rania Abu Taleb (Co-Founder & CTO), 21Doctors is building a digital-first healthcare […]
Strategic investment to strengthen international competitiveness of capital-efficient, technology-driven commercial design venture Reflects Crescent Enterprises’ long-standing track record of supporting high-growth businesses aligned with transformative global trends Sharjah, United Arab Emirates – CE-Invests, the strategic investments platform of Crescent Enterprises, today announced its participation in the $50 million Series C funding round for Flipspaces, a leading […]
The solution, trusted by over 100 global healthcare clients, including some of the largest hospital groups in GCC, will deliver 60% faster time-to-hire, 3X savings, and +20% workforce productivity gains. Dubai – TERN Group, an AI-powered global talent mobility platform for healthcare professionals, founded by Dubai-based Avinav Nigam, today announced it has raised USD 24 million […]