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OpenAI Seeks $50 Billion from Middle East Funds
OpenAI Middle East fundraising gains speed as CEO Sam Altman meets top investors. The company is chasing $50 billion to boost its AI projects....
News
BNW Developments Is Shaping RAK Central with a New Radisson Blu Launch
BNW Developments launches Rak Radisson project in Ras Al Khaimah, strengthening the emirate’s position as one of the UAE’s fastest-growing destinations for hospitality and...
Funding News
Grove Secures $5M Seed Funding for Saudi Agritech Growth
Grove seed funding delivers a major lift to Saudi Arabia's agritech scene. The Riyadh startup raised $5 million in a seed round led by...
General News
Al Habtoor Unveils Fuso eCanter for UAE Logistics
Al Habtoor Motors launches Fuso eCanter UAE model, the fully electric truck built for city deliveries. The firm serves as Fuso's sole distributor in...
Economy News
Saudi Arabia’s Economy Gets IMF Boost to 4.5% Growth
IMF upgrades Saudi growth forecast to 4.5 percent for 2026. The International Monetary Fund points to higher oil output and steady non-oil gains. This...
General News
Masdar’s Joint Ventures for the first utility-scale solar and battery storage project in Oman
Masdar's joint ventures expand renewable energy reach. The UAE-based Masdar firm partners with local players to build solar, wind, and storage projects in Oman...
General News
Four Startups Win $2M in UAE FoodTech Challenge to Boost Food Security Solutions
UAE FoodTech Challenge winners claim a $2 million prize pool in the third edition of this global contest. Four startups earned recognition for their...
General News
Lean and Ziina Launch UAE first Live Customer-Initiated Open Payments
UAE Open Finance Payment starts a new era as Lean Technologies and Ziina roll out the country's first live customer-initiated transfers. Users now send...
Merger and Acquisition
Gushcloud International acquires Dubai’s TalentPlus Sparks MENA Boom
Gushcloud International deepens its MENA presence through a strategic investment in TalentPlus Dubai. The global creator management firm partners with UAE investors to expand...
Funding News
Mal secures $230M seed funding, the largest seed round in MENA fintech history
Mal secures $230M seed funding. BlueFive Capital leads the investment round. Strategic investors and family offices also join. The Abu Dhabi-based fintech builds an...