Cairo: Egyptian homegrown champions backed to accelerate Saudi expansion as Beltone Venture Capital cements its role as the region’s leading builder of consumer powerhouses. Beltone Venture Capital (BVC), a subsidiary of Beltone Holding, is doubling down on two of Egypt’s most compelling consumer success stories a direct-to-consumer digital-led home furnishing brand ariika and healthy F&B pioneer Lychee as both […]
DUBAI, UAE – AXON successfully concluded its exclusive Investor Summit in Riyadh, Saudi Arabia, bringing together a distinguished group of investors, decision-makers, and leaders from the fintech and investment sectors across the Kingdom and the wider region to discuss the future of financial infrastructure connecting traditional finance with the digital economy. The event was attended by […]
Saudi Arabia-based artificial intelligence (AI)-native e-commerce operating platform Revora has raised $2 million in a seed funding round, bringing its total funding to date to $2.5 million. The round was co-led by i2i Ventures and Oraseya Capital, with participation from Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Hi2 Global, Orbit Startups, and a group of strategic […]
TUNISIA — Tunisia-based agritech startup RoboCare has secured a six-figure investment from venture capital firm 216 Capital to support its next phase of growth and accelerate expansion into African and Middle Eastern markets. Founded in 2020 by Imen Hbiri in Sfax, RoboCare develops an AI-powered precision agriculture platform designed to help farmers detect crop diseases […]
The company’s platform serves more than one million registered users and manages over $100 million in assets Dubai, UAE, 23 June 2026, Massive Media: IMAN Holdings has announced plans to raise $100mn to accelerate the development and expansion of its AI-powered Islamic banking platform, with a focus on entering GCC markets. Founded in 2020, the […]
ABU DHABI, UAE — Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited (“Quantum Core” or “QC Capital”). Under the agreement, the total consideration for the proposed transaction is US$60 million, payable in newly issued Class […]
Riyadh, Saudi Arabia – June 22, 2026 – Foodics, the leading restaurant operations and financial management platform in the MENA region, announced the completion of its full acquisition of Norma AI, a Greece-based artificial intelligence company built for the hospitality and restaurant industry. The Norma team has joined Foodics’ AI division, and Norma’s Analytics Agent and BI application […]
SICO Capital licensed by the Capital Market Authority and a wholly owned subsidiary of SICO BSC (c), a leading regional asset manager, broker, and investment bank with direct presence in Bahrain, Saudi Arabia, and the UAE, today announced the launch of the SICO GCC Dividends Fund, The Fund marks SICO Capital’s third equity fund and […]
New partnerships broaden access to diversified investment solutions and build on the success of Madkhol Premium, which provides access to more than 5,000 global investment funds Riyadh, Saudi Arabia – Madkhol Capital, the Saudi digital investment and wealth management platform, announced the signing of strategic partnerships with anb Capital and Derayah Financial, further expanding the range […]
Dubai, UAE — CNTXT AI, a UAE-based data and AI company that enables companies and institutions to develop AI solutions while maintaining full sovereignty over their data, announced the successful closing of a $60 million Series A funding round. The round was co-led by two of the region’s most active AI investors: AI71, Abu Dhabi’s applied AI […]