Saudi Arabia-based climate-tech startup Remedium has raised $1.5 million in a pre-seed funding round to expand its sustainability accounting platform and develop new tools for businesses.
Jordanian edtech company Abwaab has acquired Egyptian education technology startup Eduact for an undisclosed amount, adding software for independent teachers and learning centers to its platform.
The United Arab Emirates has approved a 10-year license for Elon Musk’s Starlink to provide satellite internet and communications services in the country.
UAE-based financial AI platform Oro has raised $3 million in a strategic funding round co-led by MH Ventures and Mapleblock Capital, with participation from M2M Capital, Archer Capital, and X21 Digital.
Saudi Arabia’s HUMAIN has partnered with Microsoft to merge its Arabic-focused artificial intelligence models into Microsoft’s enterprise AI ecosystem, expanding access to systems designed for the region’s language and business needs.
UAE-based Stellaria has raised $6.8 million in a seed round from a group of angel investors.
Stellaria develops geospatial AI technology that transforms satellite data into AI for businesses and organizations.
Raff, a Saudi-based retail technology startup, has raised $1.7 million from 500 Global, Palm VC, Oqal Group, Salla Co-Founder Salman Butt, and other investors to help digital-first consumer brands expand beyond e-commerce and into physical stores.
Uber has officially expanded its Robotaxi offering in Dubai, putting Baidu's fully driverless Apollo Go vehicles on its platform as the emirate accelerates its push to make autonomous transport part of everyday urban mobility.
The UAE-based fintech, XSquare, has raised an undisclosed pre-seed round led by Radled Venture with participation from Angel Spark, 500 Global, and Oraseya Capital.
First Abu Dhabi Bank (FAB) has announced that Payit has launched “Send Now, Pay Later,” allowing eligible customers to send money internationally immediately and settle payments in 30 days.
Sohar International has launched an innovation hub as the Omani bank looks to deepen its role in the country’s expanding fintech ecosystem and create a structured pathway for financial technology companies to develop and commercialize new solutions.
Flextock, the Cairo-based startup streamlining the digital supply chain, announced today it has closed a $12.6 million Series A funding round. The investment, led by TLcom Capital, marks a
