UAE-based fintech CredibleX has raised $55 million Seed funding, comprising both equity and debt.  This financial backing comes from various investors, including Further Ventures for equity, Kilgour Williams Capital, and…

Iraq Venture Partners (IVP) has secured $2.7 million from the Kingdom of the Netherlands for the second phase of the Orange Corners Innovation Fund (OCIF). The fund will provide technical…

Oman Investment Authority (OIA) has invested in  Elon Musk’s artificial intelligence startup, xAI, acquiring an undisclosed stake in the tech giant. The move comes as part of OIA’s ongoing efforts…

Saudi Arabia-based AI infrastructure technology provider OmniOps has raised an $8 million funding round from GMS Capital Ventures.  Founded in 2024 by Mohammed Altassan, OmniOps provides cutting-edge cloud and high-performance…

Saudi Venture Capital (SVC) has committed an investment in MEVP’s $150 million fund for an undisclosed value. Middle East Venture Fund IV is anchored by the European Investment Bank (EIB)…

Saudi Arabia-based AI-powered networking platform Halo AI has launched its services. Founded in 2024 by Vito Strokov, Rami Saad, and Alex Gadalin, Halo uses AI to connect brands with nano-…

Bahrain-born edtech startup Unipal has raised a Pre-Series A investment round at an undisclosed value, backed by Falak Angels Syndicate members. Founded in 2020 by Ali Alalawi and Ali Al…

Egypt’s fintech company MNT-Halan has extended its super app services to the UAE market. The UAE has long been a strategic priority for MNT-Halan, according to the company’s statement, given…

UAE-based healthtech BioSapien has raised $5.5 million pre-Series A fundraise, led by Global Ventures with participation from Dara Holdings. Founded in 2018 by Khatija Ali, BioSapien offers a flagship product, MediChip™,…

UAE-based fintech Quantix Technology Projects LLC, a subsidiary of Astra Tech, has secured $500 million in asset-backed securitisation financing from Citi. Founded in 2019 by Abdallah Abu Sheikh, Astra Tech’s…