Abu Dhabi, UAE: Since it launched in September 2025, The Presight-Shorooq Fund I, a $100 million global AI innovation fund, has invested in five cutting-edge AI startups led by experienced alumni from DeepMind, Google X, Meta, and Stanford across the U.S. and UAE markets. These companies are Nodeshift, Candid, Hebbia, Blue and Crunched. Launched as a […]
Takeem, the UAE-based proptech that takes the anxiety out of renting and owning, has secured investment from REACH, an accelerator created by Second Century Ventures, the strategic investment arm of the US National Association of Realtors (NAR), which is widely recognised as the world’s most active and one of the largest venture capital investors in […]
LoftyInc Capital, a leading pan-African venture capital firm, has announced that it co-led a $4 million oversubscribed seed round in Moroccan fintech WafR, one of the first investments from its newly launched LoftyInc Alpha Fund. The oversubscribed round was also co-led by Attijariwafa Ventures and Almada Ventures, with participation from returning investors UM6P Ventures and First Circle Capital. WafR is revolutionising access to financial […]
Dubai, United Arab Emirates –Klaim Holdings Limited today announced the signing of a private credit facility of up to USD 25 million with Amwal Capital Partners (ACP), an independent asset management firm regulated by the DFSA and CMA. The facility includes a USD 15 million committed tranche and an additional USD 10 million uncommitted tranche. […]
Ubyx enables regulated digital money flows across international banking and blockchain networks LONDON and NEW YORK, Feb. 19, 2026 – AB Xelerate, Arab Bank’s Fintech Accelerator, has made a strategic investment in Ubyx Inc., a provider of clearing and acceptance infrastructure for tokenised deposits and regulated stablecoins, as regulated digital money continues to move from pilot […]
Origen, an Abu Dhabi-based technology company focused on applying artificial intelligence to real-world commercial environments, today announced a $50 million strategic investment from Bluefive Capital. The investment will support Origen’s mission to design, deploy, and scale AI solutions that address complex operational challenges across government services, smart homes, and advanced manufacturing. Founded by a group […]
Manama, Kingdom of Bahrain: Esterad Capital Limited, a Category 3A asset management firm licensed and regulated by the Dubai Financial Services Authority (DFSA), has announced the successful launch of its first managed investment fund, marked by the completion of the Funds strategic investment in a US-based travel centre. The transaction represents the first capital deployment under […]
Dubai, UAE: Stake, the region’s leading digital real estate investment platform, today announced the successful close of its oversubscribed Series B funding round, raising USD 31 million. The round was led by Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, with additional participation from a distinguished group […]
Abu Dhabi, Google.org has provided a $1 million USD support to Dr. Thamar Solorio, Vice Provost of Faculty Excellence and Advancement and Professor of Natural Language Processing at Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), to lead a transformative research initiative. The initiative is designed to dismantle a critical barrier in the digital age: the […]
ZIWO provides a cloud-native Contact Center as a Service (CCaaS) platform purpose-built for MENA, enabling enterprises to manage voice, messaging, and digital customer interactions through a unified system The platform integrates Arabic-dialect AI, automation, voice intelligence, and analytics designed to operate within local telecom infrastructure and regulatory frameworks ZIWO serves more than 1,000 customers across […]