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Startups
Launching «AQL»: The First GenAI Model Hosted on Local Cloud Servers in Saudi Arabia
WideBot AI, a leading innovator in AI solutions, products, and models, has announced a groundbreaking achievement in the Arab world. The company is now hosting its advanced GenAI model “AQL” on local cloud servers in Saudi Arabia.
This…
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Saudi AI Startup vminds.ai Secures a Six-Figure Pre-Seed Investment Round
Saudi-based AI startup vminds.ai has successfully closed a six-figure pre-seed investment round, strengthening its ability to enhance its platform. The startup also announced its official launch. The funding round was led by strategic angel…
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«Just2Pay» and «Swypex» sign a Strategic Partnership to Transform Financial Operations in Egypt
In a move set to redefine financial management and operational efficiency, leading financial solutions provider Just2Pay and innovative fintech company Swypex have entered into a strategic partnership. The agreement unites Just2Pay’s…
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Simplex startup secures $13 million investments to build a huge CNC factory in Saudi Arabia
Simplex, a rising startup in the field of CNC machine manufacturing, secures $13 million, as part of Saudi efforts to support and localize advanced industries within the Kingdom.
huge factory
Simplex will use the fund to open a huge…
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SC Ventures and Yabx Invest $10M in Furaha to Transform Education Financing in Africa
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and Yabx Technologies (Netherlands) B.V., a company of Tech Mahindra (NSE: TECHM) group, a leading global provider of technology consulting and digital…
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EDT&Partners and EYouth Announce Ambitious Digital Skills Program for 1 Million Youth in Africa…
Global education consultancy EDT&Partners and Egyptian skills development startup Eyouth announced a groundbreaking partnership aimed at equipping one million young people across Africa and the Middle East with essential digital skills.…
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Leading Payment Orchestration Platform MoneyHash Raises $5.2 Pre-A Funding
MoneyHash, the first and leading payment orchestration platform operating in the Middle East and Africa (MEA), has secured $5.2M in pre-A funding. Flourish Ventures – a global fintech investor behind industry leaders like Chime,…
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Hamilton Raises $1.7M in Pre-Seed Led By DisrupTech Ventures
Hamilton, a protocol specializing in tokenizing Real-World Assets (RWA) on Bitcoin, closed a $1.7M pre-seed funding round led by DisrupTech Ventures.
traditional finance
With participation from CMS, DeSpread, Hyperithm, Core Ventures,…
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Talent 360 Secures Six-Figure Investment to Expand in Saudi Arabia
Talent 360, a leading provider of integrated HR solutions, is thrilled to announce the successful closure of a six-figure investment round led by C.STAR, is a prominent Saudi business development and startup ecosystem empower support. This…
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After 12 Years Since Abjjad App’s Founding: New Leadership Changes in the App
"Abjjad," the leading e-reading platform in the Arab world, announced new leadership changes aimed at strengthening its ambitious growth and expansion strategy. The changes included the promotion of Eman Hylooz, the founder, to the position…
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