Dubai-based martial arts and holistic education network GMNSM has closed a $2 million funding round led by VEYRA Capital, alongside a private investor. The capital will fund the company’s first jujitsu academy in Riyadh and its debut European location in Monaco. Founded in 2022 by Andrej Kuprejev, GMNSM operates 11 academies across the UAE, Qatar
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Furthermore, Gatik has secured $200 million in Series D funding, co-led by the Qatar Investment Authority and Koch Disruptive Technologies. Additionally, the round validates Gatik’s commercial-first strategy in driver-less freight and funds fleet expansion to meet rising demand. As a result, Gatik operates in the logistics “middle mile,” running autonomous trucks between distribution centers and
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Qatar-based restaurant technology startup DineNORDER has expanded into Egypt, bringing its suite of digital restaurant management tools to the market as part of a broader regional growth strategy. Founded in 2023, DineNORDER develops technology designed to help restaurants manage their operations through an integrated digital platform. Its offering includes online ordering, point-of-sale technology, reservation systems,
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Fasset has officially reached unicorn status after securing a $1 billion valuation following a $68 million Series C funding round led by SBI Group. The latest investment brings the financial technology company’s total funding raised in 2026 to $119 million. The new funding will support Fasset’s global expansion, with a particular focus on Own Network,
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The MENA business events 2026 calendar is packed with major conferences, summits, and expos. From Riyadh to Dubai, these gatherings bring together founders, investors, and industry leaders shaping the region’s economy. Here are the five biggest business events happening across MENA this season. 1. LEAP 2026 — Riyadh, August 31 to September 3 LEAP is
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Saudi Arabia-based investment firm Pinnacle has launched a new venture capital fund aimed at backing growth-stage companies in the Kingdom. The fund will invest through both primary funding rounds and secondary transactions, giving it a dual approach that supports fresh company growth while also creating liquidity for existing investors looking to exit. Pinnacle, part of
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Saudi Arabia-based private markets investment platform OORI has secured a licence from the Capital Market Authority (CMA) to conduct arranging and advising activities, marking a major step toward its operational launch in the Kingdom. Founded in 2023 by Elie Nasr and Naif Al Ajmi, OORI aims to provide qualified investors with regulated access to curated,
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Bahrain-based insurtech startup Soor has secured an undisclosed pre-Seed investment from Spring, a venture studio and ecosystem builder backed by London-based investment firm Salica and Bahrain’s Al Waha Fund of Funds. Founded in 2024 by Mahmood Dhaif and Qasim Albaqali, Soor operates a digital insurance platform that allows customers to compare policies from multiple insurance
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Egyptian edtech company UMAMI E-Learning Solutions has launched its Learning Operating System (LOS™), an AI-powered learning platform designed to connect education, skills development, workforce readiness, performance and institutional decision-making within a single system. The new AI learning infrastructure is backed by a phased investment plan exceeding EGP 50 million ($1 million). The funding will support
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Talabat, the Dubai-listed food and grocery delivery platform owned by Delivery Hero, saw its shares rise after Delivery Hero confirmed it is in advanced acquisition talks with Uber, a deal that could reshape the MENA food delivery landscape. Talabat’s stock climbed as much as 2.5% to AED 1.20 (USD 0.33) during Wednesday’s session, outpacing the
