
Oman Investment Authority Invests in Elon Musk’s xAI Artificial Intelligence Venture
On Wednesday, the Oman Investment Authority (OIA) acquired a stake in xAI, a prominent US-based artificial intelligence firm owned by Elon Musk.
Startup News and Stories fostering insights into various sectors (Fintech, Edtech, Logistics, etc.) of MENA (Middle East & North Africa) – majorly Abu Dhabi, Dubai, UAE, Saudi Arabia, Egypt, Bahrain, Lebanon, Palestine, and Qatar among others.
On Wednesday, the Oman Investment Authority (OIA) acquired a stake in xAI, a prominent US-based artificial intelligence firm owned by Elon Musk.
PayTabs Kuwait aims to transform Kuwait’s digital payment landscape with state-of-the-art payment orchestration solutions.
The investment will also extend to startups in the UK and Qatar, specifically those specializing in energy efficiency, carbon management, and green power.
Incepted in 2023 by a Palestinian activist and businessman Osama Qashoo, Cola Gaza dedicates the proceeds to the maternity ward of Gaza's Al-Karama Hospital.
Discover how Dubai's NEO Technology leverages AI-driven programmatic advertising to deliver targeted campaigns, revolutionizing digital marketing across the globe.
Lebanon's FOO partners with Egypt's eNovate to drive fintech innovation, digital transformation, and advanced payment solutions across the region.
Saudi Arabia Tourism Authority unveils SARA, an AI-powered digital human, to revolutionize tourism with personalized travel guidance, cultural insights, and immersive experiences.
Chat Cola challenges Coca-Cola and Pepsi amid boycotts, gaining popularity in Palestine as consumers seek alternatives to foreign brands.
UnifyApps raises $20M in Series A funding from ICONIQ Growth to expand its AI platform and drive growth in the Middle East market.
Epik Foods secures $15.5M investment from Ruya Partners to expand in Saudi Arabia and UAE, supporting acquisitions and growth in the F&B sector.
Dubai Angel Investors teams up with MEVP to boost MENA tech startups, offering capital, portfolio management, and support for early-stage entrepreneurs.
Dubai, UAE-based Pemo, a spend management platform has secured $7 million in Pre-Series A round led by Augmentum Fintech and Shorooq.