UAE-based fintech startup Ziina has secured new regulatory approvals from the Central Bank of the UAE (CBUAE), expanding its authorization to provide retail payment and international money transfer services.
Saudi Arabian payment technology company EdfaPay and Sudanese IT firm GoPravo launched SDPay, a joint venture focused on digital payments and financial services across Sudan.
The company secured the funding from strategic angel investors to help businesses understand how AI tools describe their products and whether their brands appear in shopping recommendations.
Vrtx has secured in-principle approval from the Saudi Central Bank for an Electronic Money Institution license, which brings the fintech closer to operating under the kingdom’s regulatory framework for digital financial services.
Etisalat UAE has signed a new multi-year agreement with DataRobot to expand the deployment of artificial intelligence agents across its business operations.
Saudi Arabian automotive technology startup Autobia has raised $12 million in Series A funding to expand its digital autoparts marketplace, with Artal Capital leading the round.
UAE fintech platform Numou has partnered with Comera Financial Holding (CFH) to expand financing and digital payment options for small and medium-sized businesses across the country.
UAE-based Open Innovation AI has partnered with data infrastructure company NetApp to explore sovereign AI infrastructure for governments, enterprises, and neocloud providers.
Commercial International Bank (CIB) has committed up to EGP 2 billion ($42.5 million) to MNT-Halan as part of the fintech’s planned international share sale.
MENA’s startup funding market entered the second half of 2026 with a notable change in the composition of capital. Startups across the region raised $172.6 million across 45 deals in July, up 16% from June but still 78% below the amount raised in July 2025.
