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.
MENA
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PayTabs Group and Concept Combined Group Partner to launch PayTabs Kuwait
PayTabs Kuwait aims to transform Kuwait’s digital payment landscape with state-of-the-art payment orchestration solutions.
UK and Qatar Launch Landmark Climate Technology Partnership
The investment will also extend to startups in the UK and Qatar, specifically those specializing in energy efficiency, carbon management, and green power.
Dubbed as “Genocide-Free Cola”, U.K. Witnesses the Rise of Cola Gaza
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.
Lebanon’s FOO Teams Up with eNovate to Boost Digital Transformation in Egypt
Lebanon's FOO partners with Egypt's eNovate to drive fintech innovation, digital transformation, and advanced payment solutions across the region.
Saudi Arabia Unveils SARA, the World’s First AI-Powered Digital Human Travel Companion
Saudi Arabia Tourism Authority unveils SARA, an AI-powered digital human, to revolutionize tourism with personalized travel guidance, cultural insights, and immersive experiences.
Palestine-based Chat Cola Takes on Coca-Cola and Pepsi amid Boycotts
Chat Cola challenges Coca-Cola and Pepsi amid boycotts, gaining popularity in Palestine as consumers seek alternatives to foreign brands.
UnifyApps Raises $20 Million Series A from ICONIQ Growth to Drive Middle East Expansion
UnifyApps raises $20M in Series A funding from ICONIQ Growth to expand its AI platform and drive growth in the Middle East market.
Dubai’s Epik Foods Secures $15.5 Mn Investment from Ruya Fund to Accelerate Regional Expansion
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 and MEVP Join Forces to Boost MENA Tech Startups
Dubai Angel Investors teams up with MEVP to boost MENA tech startups, offering capital, portfolio management, and support for early-stage entrepreneurs.
Dubai’s Pemo Scores $7 Mn Pre-Series A Round led by Augmentum Fintech and Shorooq
Dubai, UAE-based Pemo, a spend management platform has secured $7 million in Pre-Series A round led by Augmentum Fintech and Shorooq.
MBZUAI Research Team Scores Google Academic Research Award
A team from Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has received the Google Academic Research award.