FME Staff

Tesla Shares Tumble as Musk’s ‘America Party’ Escalates Feud with Trump

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Tesla stock plunged 7% after CEO Elon Musk announced the formation of a new political movement—the “America Party” intensifying his ongoing feud with former U.S. President Donald Trump. The fallout from this latest development is being felt directly by investors, as market confidence in Tesla continues to waver. In a weekend statement, Musk revealed plans […]

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ADX and Budapest Stock Exchange Forge Strategic Pact to Expand ETF and Dual Listing Opportunities

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The Abu Dhabi Securities Exchange (ADX) has signed a strategic Memorandum of Understanding (MoU) with the Budapest Stock Exchange (BSE) to boost cross-border market integration and investor access. The agreement, signed in Budapest in the presence of UAE Ambassador to Hungary Saud Hamad Al Shamsi, aims to advance exchange-traded fund (ETF) development, dual listings, and

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AMEA Power Joins Second Phase of Morocco’s Agadir Desalination Project with €250M Investment

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AMEA Power, one of the Middle East’s fastest-growing renewable energy companies, has officially entered the second phase of the Agadir desalination project in Morocco, marking its first foray into the water sector in Africa. The expansion, part of a joint venture with Cox, will bring the plant’s capacity to 400,000 m³/day, making it one of

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Saudi’s Sawt Secures $1M to Scale Its AI-Powered Customer Service Platform

Investments / Leave a Comment

Riyadh-based AI startup Sawt has secured $1 million (SAR 3.75 million) in a pre-seed funding round led by STV and T2, as it sets out to revolutionize customer service across the GCC using advanced Arabic-native voice AI. The startup replaces traditional call centers with AI-powered voice agents capable of handling bookings, support, and sales calls

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