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Lean Technologies and Synapse Analytics launch AI-powered credit decisioning across MENA
Lean Technologies, MENA’s leading Financial Infrastructure provider, has partnered with Synapse Analytics, the region’s AI-native Risk Decisioning Platform, to launch an end-to-end Credit Decisioning and Analytics platform for lenders…
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Egyptian Startup Farid Academy Expands into Saudi Arabia with SAR 4.5 million Partnership to Train…
In a strategic move signaling its regional ambitions, Egyptian edtech startup Farid Academy has announced its expansion into Saudi Arabia, establishing a central operations office in Riyadh. The launch marks a pivotal step in the company’s…
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HALA raises $157m in one of the Middle East’s largest fintech Series B rounds
HALA, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round — officially one of the largest fintech Series B funding rounds…
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Mohamed Nagaty Joins Tactful AI as Investor and Advisor to CEO
Tactful AI, a leading provider of AI-powered customer experience solutions, announced today the appointment of Egyptian entrepreneur and investor Mohamed Aboulnaga Nagaty as both investor and strategic advisor to the company’s CEO. The move…
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Talaat Moustafa Upgrades Its Subsidiary’s Credit Rating to AA- with a Stable Outlook
Talaat Moustafa Group Holding is pleased to announce that its wholly owned subsidiary, the Arab Company for Projects and Urban Development
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«Shahbandr» Launches «Shahbandr AI» the First Integrated Arabic AI Kit for e-Commerce Stores
Shahbandr, the e-commerce enabler in Saudi Arabia and the Middle East and North Africa, has launched "Shahbandr AI", the region's first Generative AI Kit fully integrated into e-commerce stores.
Shahbandr AI
"Shahbandr AI" offers a…
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Startup Pulse: Africa’s Emerging Tech Scene Gains Momentum
Africa’s startup ecosystem is experiencing a surge in innovation and investment. FollowICT, the digital economy platform, highlights the week’s most notable developments from across the continent.
Itana Opens Applications for…
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Vodafone Egypt Appoints Ayman El-Saadany and Rasha Hamdy to Executive Leadership Roles
Vodafone Egypt has announced two key executive appointments aimed at strengthening its leadership structure and driving strategic transformation. Ayman El-Saadany has been named Chief External Affairs Officer, while Rasha Hamdy steps into…
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«Intella» Secures $12.5 Million Series A Led by Prosus
Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi…
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Dubai Proptech Startup Seraya Raises $1.8M Seed Round
Seraya, a Dubai-based proptech and hospitality startup, has secured $1.8 million in seed funding through a mix of equity and debt, bringing its total capital raised to $2.15 million. The round was led by a prominent Saudi family office and…
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