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AI Weekly Briefing — August 16, 2025
As artificial intelligence continues to reshape industries and institutions worldwide, FollowICT’s Digital Economy platform presents a weekly roundup of the most consequential developments in AI. From billion-dollar valuations to…
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Al Ahly Momkn Redefines Digital Payments in Egypt with an Innovative New Identity
Al Ahly Momkn, one of Egypt’s leading fintech and digital payments companies and a subsidiary of the National Bank of Egypt, has announced the launch of its new corporate identity — a strategic transformation that reflects its future vision…
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COMEX Signs Strategic MoU with Oman’s Unified Promotional Identity Office to Fuse Innovation with…
In a significant step towards strengthening Oman’s image as a hub of innovation and digital transformation, the Arabian Research Bureau (ARB)—organizer of the prestigious COMEX (Oman’s global technology and innovation expo)—has signed a…
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Mohy Abou Alam: «TheDar.AI» helps major institutions in the Region with AI-powered monitoring and…
In recent years, companies have started to focus on understanding brand perception and customer sentiment toward their products, creating a market for monitoring and analytics. The global social media analytics market was valued at $13.47…
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Perle secures $9 Million Seed Round to Launch an AI Data Training Platform
Perle, an AI training data platform powered by Web3 that brings human wisdom to AI models, today announced it has closed a $9 million seed round led by Framework Ventures. The round brings Perle’s total funding to $17.5 million across its…
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AI Frontlines: This Week’s Breakthroughs, Battles, and Bold Moves
As artificial intelligence continues to reshape industries at breakneck speed, FollowICT presents a weekly roundup of the most consequential developments in the AI landscape—from corporate shakeups to geopolitical tensions.
OpenAI’s…
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Africa’s Startup Scene Surges: EdTech, Fintech, and AgriTech Lead the Charge
As Africa’s digital economy accelerates, a wave of innovation is sweeping across the continent’s startup ecosystem. From Nigeria to South Africa, emerging companies are redefining education, commerce, agriculture, and travel. Here’s a…
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ITIDA Welcomes New Cohort of Tech Startups and Launches «Digital Perks Platform»
The Technology Innovation and Entrepreneurship Center (TIEC), of the Information Technology Industry Development Agency (ITIDA), has welcomed a new cohort of tech startups under the 47th round of its flagship incubation program, Start IT.…
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F6 Ventures Launches to Propel Seed-Stage Investments Across Emerging Markets
F6 Group, a newly formed entity integrating venture capital and entrepreneurial support, announces its official launch, anchored by two powerful arms: F6 Ventures, a newly launched seed-stage investment firm, and Flat6Labs, the region’s…
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Fintech Platform Alaan Raises $48M To Equip MENA Finance Teams With AI Agents
Alaan, a UAE-based spend management platform, announced Tuesday that it has raised $48 million in an oversubscribed Series A funding round to accelerate its expansion in Saudi Arabia and enhance its suite of artificial intelligence…
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