Saudi Arabia’s Spare Raises $5 Million to Transform Open Banking Across MENA
Riyadh-based fintech will use funding to scale API integrations, enhance product development, and accelerate regional adoption of secure, real-time financial connectivity.
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Latest developments in startups, business, and technology across India, MENA, and global markets. Stay informed with breaking news, in-depth reporting, and analysis on entrepreneurship, innovation, and emerging trends.
Foodics and Lean Technologies partner to empower restaurants with Open Banking and Cashflow Intelligence
Foodics partners with Lean Technologies to bring Open Banking and cashflow insights to Saudi restaurants, boosting financial visibility and growth.
UAE-based Armoir Secures $500K Seed to Disrupt Premium Luggage Sector
UAE-based Armoir bags $500K seed funding to expand into Europe & MENA, targeting the premium luggage market projected to hit US$75B by 2031.
Ex-WhatsApp Security Chief Attaullah Baig Sues Meta Over Mass Data Access & Retaliation
Ex-WhatsApp security chief Attaullah Baig alleges Meta ignored major privacy flaws, gave engineers unchecked access to user data, and retaliated against him.
OpenAI Acquires Seattle-Based Startup Statsig for $1.1 Billion
The $1.1 billion all-stock deal brings Statsig’s product experimentation platform in-house at OpenAI, with founder Vijaye Raji stepping in as CTO of Applications.
Judge Delays Anthropic’s $1.5 Billion Settlement With Authors, Microsoft Seeks Collaboration
U.S. Judge William Alsup scrutinizes Anthropic’s $1.5 billion settlement with authors over pirated books, Microsoft to adopt AI models of Anthropic via AWS
European Commission hits Google with €2.95 Bn Antitrust fine; Trump warns of trade retaliation
The European Commission has fined Google €2.95 billion for abusing its dominance in the adtech market by favouring its own services. Google plans to appeal, while U.S. President Donald Trump slammed the ruling as “unfair” and threatened trade retaliation under Section 301.
Riyadh’s OmniOps and California’s Groq Join Forces to Scale AI Deployment in Saudi Arabia
OmniOps and Groq join forces to deploy sovereign, high-performance AI infrastructure across key Saudi sectors in alignment with Vision 2030 and national data strategy.
Anurag Kashyap Slams ‘Chiranjeevi Hanuman’: Can Indian Cinema Survive the Age of AI?
As Chiranjeevi Hanuman becomes India’s first AI-generated feature film, Anurag Kashyap raises tough questions about creativity, artists, and cinema’s future.
UAE’s CE-Ventures Joins $100 Million Funding Round for U.S. Nuclear Startup Aalo Atomics
The UAE’s CE-Ventures has joined global investors in Aalo Atomics’ $100M Series B, backing modular nuclear technology aimed at powering the AI-driven energy future.
India Bans Money-based Online Games, Sparking Industry Crisis
India's parliament has passed a bill banning money-based online games, threatening apps like Dream11 and MPL, with shutdowns and job losses looming.
Riyadh-based Gathern Raises $72 million Series B Funding Ahead of IPO
Gathern raises $72M Series B, valued at $266M, to expand Saudi Arabia’s top vacation rental platform, supporting Vision 2030 tourism growth and IPO plans.