UAE-based CPX Holding acquires spiderSilk to drive Global Cybersecurity Expansion

UAE-based CPX Holding acquires spiderSilk to drive Global Cybersecurity Expansion

Abu Dhabi, UAE: CPX Holding, a leading provider of cutting-edge cyber and physical security solutions and services, today announced the acquisition of spiderSilk, a pioneering cyber-AI product company renowned for its proprietary AI-powered defensive technologies, including the flagship exposure management platform, Resonance. The acquisition combines CPX’s trusted end-to-end expertise in threat detection, analysis, and remediation with […]

Meta partners with Startupbootcamp to accelerate Agentic AI startups in MENA with Llama Design Drive

Meta partners with Startupbootcamp to accelerate Agentic AI startups in MENA with Llama Design Drive

The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024. Meta’s partnership with Startupbootcamp through the Llama Design Drive program aligns with the rapid growth of agentic AI in the Middle East and Africa. The MEA enterprise agentic AI market generated $102.2 million in revenue in 2024 and is projected to reach […]

Dubai-Based Arabic.AI launches MENA's first B2B Agentic AI Platform

Dubai-Based Arabic.AI launches MENA’s first B2B Agentic AI Platform

Dubai, UAE: Arabic.AI emerged from stealth mode today, unveiling what executives call the first truly agentic AI platform specifically engineered for Arabic language. The Dubai-based startup, with offices spanning MENA, the U.S., and Europe, enters the market with substantial technical advantages over global competitors. Founder’s Vision: A Deeply Local, Globally Competitive Model Founded by serial entrepreneur […]

No more Emirates ID cards? UAE to launch Digital ID System using Facial Recognition

No more Emirates ID cards? UAE to launch Digital ID System using Facial Recognition

The United Arab Emirates has announced plans to introduce a new digital identification system that will eliminate the need for physical Emirates ID cards, marking a major step in the country’s digital transformation agenda. According to Khaleej Time, the service set to be fully deployed within the next year, the system will use facial recognition […]

AI firm BridgeWise secures DIFC license and strategic investment from Emirates NBD

AI firm BridgeWise secures DIFC license and strategic investment from Emirates NBD

Dubai, UAE: BridgeWise, a global AI-powered investment intelligence platform, today announced its official entry into the Middle East after securing an operational license from the Dubai International Financial Centre (DIFC). This move marks a significant milestone in BridgeWise’s global growth strategy and strengthens its presence in one of the world’s most dynamic fintech ecosystems. In tandem […]

HEC Paris, Doha collaborates with Mastercard: Unveiling the Mastercard Fellowship Program in AI

HEC Paris, Doha collaborates with Mastercard: Unveiling the Mastercard Fellowship Program in AI

Doha, Qatar – 10 April 2025: HEC Paris, the world’s top-ranked business school for Executive Education, has entered into a strategic engagement with Mastercard, becoming the official academic collaborator for Mastercard’s executive education programs in Qatar. The collaboration was officially marked by a signing ceremony at HEC Paris’ state-of-the-art Doha campus, reinforcing a shared commitment to […]

Presight and Microsoft Partner to Accelerate AI Startup Growth in the UAE

Presight and Microsoft Partner to Accelerate AI Startup Growth in the UAE

Abu Dhabi, UAE – Presight, a leading global big data analytics company powered by AI, today signed a Memorandum of Understanding (MoU) with Microsoft to support the Presight AI-Startup Accelerator. The UAE-based program is designed to help promising AI startups gain a commercial advantage, access cutting-edge technology resources, and expand their network within the UAE, the […]

Astra Tech Introduces Botim AI to Enhance Digital Communication in MENA Region

Astra Tech Introduces Botim AI to Enhance Digital Communication in MENA Region

Dubai, UAE – Astra Tech announced the integration of Botim AI into its Botim Ultra App, bringing advanced AI capabilities to the platform and enhancing accessibility for over 150 million global users. This makes Botim the first fintech in the region to introduce this innovation. Botim AI is a chat assistant designed to elevate user engagement […]

Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say

Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say

SoftBank is close to finalizing a $40 billion primary investment in OpenAI at a $260 billion pre-money valuation, sources told CNBC’s David Faber. SoftBank would pay out the funding, which would mean a $300 billion post-money valuation for OpenAI, over the next 12 to 24 months, with the first payment coming as soon as spring, Faber […]

Meta AI officially launches in the MENA Region

Meta AI officially launches in the MENA Region

Fully available in the UAE, Saudi Arabia, Egypt, Morocco, and Iraq—with more countries launching soon. Dubai, UAE: Today, Meta announced the expansion of its AI assistant, Meta AI, to the Middle East and North Africa, empowering users in the region with a tool to learn, create and connect to the things and people they care about […]