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 […]
Investment will support development, marketing, and multi-platform rollout of mobile-first shooter. iBLOXX Studios DMCC has raised Dh20 million to complete development and support the launch of its third-person shooter, StrayShot. Based in the DMCC free zone, the company is part of the DMCC Gaming Centre and participates in the Dubai Program for Gaming 2033 (DPG33). […]
Capital will be deployed with precision toward supply-chain optimisation, technology enhancement, and expanding last-mile fulfilment capabilities. Dubai, UAE – QuicKart, the UAE’s first dedicated fresh commerce platform specialising in dairy and farm produce, has secured US$1.5 million in seed funding to accelerate its farm-to-home model, strengthen operational infrastructure across Dubai, Sharjah, and Ajman, and prepare for […]