Wamda

Egypt

Amazon highlights EGP 29 billion GDP contribution as it expands Egyptian operations

US e-commerce and technology company Amazon announced that its investments contributed more than EGP 29 billion to Egypt's GDP over...

Amazon Global Entrepreneurship Festival

Saudi Arabia

Merak Capital leads $1.3 million investment in Saudi gaming startup Lambda Studios

Saudi gaming startup Lambda Studios has raised $1.3 million in a funding round led by Merak Capital, a Riyadh-based investment firm. The...

Lambda Studios Merak Capital

Saudi Arabia

OmniOps unveils Bunyan Inference Hub to simplify AI deployment in Saudi Arabia

Press release: OmniOps, Saudi Arabia's sovereign AI infrastructure technology company, announced the launch of Bunyan Inference Hub,...

OmniOps

U.A.E

CE-Ventures backs UK's Oyster Therapeutics in $60 million Series A round

UK-based biotech company Oyster Therapeutics has raised $60 million in Series A funding, with participation from CE-Ventures, the...

Oyster Therapeutics CE-Ventures

U.A.E

UAE's Wafr attracts angel investment to digitise sukuk issuance and settlement

UAE-based fintech Wafr has secured an undisclosed pre-seed funding round, with participation from angel investors Coen Jonker,...

WafR Fintech

U.A.E

Multipolitan raises $2 million to develop cross-border mobility platform

UAE-based travel and global mobility technology startup Multipolitan has raised $2 million in pre-seed funding, led by EmergentX, at a...

EmergentX Multipolitan

Saudi Arabia

Mawsool raises pre-seed funding to develop AI-powered sales intelligence platform

Saudi Arabia-based sales intelligence startup Mawsool has closed an undisclosed pre-seed funding round, with participation from...

Mawsool E-commerce Parachute16

Oman

Oman's 44.01 secures fresh investment from Holcim

Omani climatetech company 44.01 has secured a strategic investment from Swiss building materials company Holcim through its corporate...

44.01 Climatetech Holcim

U.A.E

enza attracts $6 million investment to expand its African payments network

UAE-headquartered fintech enza has raised $6 million in a Seed+ funding round, led by 4DX Ventures, with participation from British...

4DX Ventures enza

U.A.E

UAE's Soter Insure secures fresh Series B investment from SC Ventures, SBI Group

UAE-headquartered insurtech Soter Insure has secured an additional Series B investment from SC Ventures, Standard Chartered's...

Soter Insure SC Ventures Standard Chartered

Saudi Arabia

HUMAIN acquires Saudi tech firm CNTXT to expand enterprise AI services

Saudi Arabia's HUMAIN, a Public Investment Fund (PIF) portfolio company, has brought Riyadh-based AI and cloud technology company...

CNTXT Humain

Oman

Oman's mamun secures $3 million to expand Gulf–Asia trade financing

Oman-based fintech startup mamun has raised $3 million in seed funding, led by Phaze Ventures through its Oman Fund, with participation...

Mamun Jasoor Ventures Phaze Ventures

United States

Journify raises $12 million at fourfold valuation increase

US-headquartered adtech startup Journify has raised $12 million in Series A funding round led by Al Mada Ventures and co-led by existing...

Al Mada Ventures Journify silicon badia

Syria

Syrian foodtech Percent Labs closes seed round at over $1 million valuation

Syria-based foodtech startup Percent Labs has closed an undisclosed seed funding round at a valuation exceeding $1 million, backed by...

Percent Labs foodtech

Saudi Arabia

Saudi Aramco acquires 49% of HUMAIN with $2.6 billion cash injection

Saudi Aramco has completed the acquisition of a 49% stake in Saudi artificial intelligence company HUMAIN, through a wholly owned...

Humain PIF Aramco

U.A.E

Thara Connect charts a roadmap for the future of investment and entrepreneurship in Ajman

Press release: The First Thara Connect Forum, organised by Ajman Chamber in conjunction with the launch of the Thara Investment and...

Thara Connect Forum

Morocco

Morocco's ABA Life secures $40 million investment from Admaius Capital Partners

Morocco-based healthtech company ABA Life has signed a $40 million investment agreement with pan-African private equity firm Admaius...

ABA Life Admaius Capital Partners

U.A.E

BY Venture Partners closes $60 million Fund III to back AI startups

UAE-based venture capital firm BY Venture Partners has closed its third fund at $60 million, bringing its total assets under management...

BY Venture Partners

Egypt

Egypt's Tanmiya Capital closes $130 million fund backed by EIB, IFC and EBRD

Egypt-based private equity firm Tanmiya Capital Ventures (TCV) has announced the final close of its second fund at $130 million,...

Tanmiya Capital Ventures European Investment Bank EBRD

Egypt

Nahdet El Mahrousa and GIZ support 12 green scaleups with EGP 57.5 million

Egypt's Nahdet El Mahrousa and Germany's GIZ have marked the graduation of 12 green businesses from the GreenShift accelerator,...

GreenShift Summit 2026 GIZ Egypt Nahdet el Mahrousa

Oman

Oman's Phaze Ventures launches two AI funds targeting over $75 million

Oman-based Phaze Ventures has launched two venture capital funds targeting more than $75 million combined, securing over $40 million in...

Phaze Ventures Phaze Ventures Fund II Phaze Ventures Oman Fund

Egypt

Egyptian climatetech NoorNation secures $1.05 million seed funding

Egypt-based climatetech startup NoorNation has closed a $1.05 million seed funding round, backed by agribusiness group Linah Farms,...

NoorNation Linah Farms KBW Ventures

Egypt

DPI Venture Capital closes Nclude Fund at over $112 million

DPI Venture Capital has announced the final close of its Nclude Fund at over $112 million, to invest in technology startups across...

DPI Venture Capital Nclude

Qatar

Fadi Ghandour and Hamad Al Hajri to lead discussions at Doha's Downtown Tech Summit

Msheireb Properties and Inc. Arabia have announced the speaker lineup for the second Downtown Tech Summit, scheduled for November 17,...

Msheireb Properties Downtown Tech Summit Wamda Capital

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