Business News

Pickalbatros Strengthens Regional Hospitality Vision Through Strategic Expansion Initiatives

Pickalbatros is entering a new phase of growth as it advances an ambitious strategy focused on expanding its hospitality footprint across some of the region’s most dynamic tourism destinations. The company is actively pursuing opportunities that align with evolving travel trends, rising visitor demand, and government-led efforts to enhance tourism infrastructure. As international tourism continues […]

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Saudi Logistics Innovator Pickappo Secures New Capital to Accelerate Expansion Efforts

Saudi Arabia’s rapidly evolving digital economy continues to create opportunities for technology companies developing smarter ways to connect businesses and consumers. Among the latest ventures attracting investor attention is Pickappo, a homegrown logistics technology startup that has successfully closed a USD 535,000 pre-seed funding round aimed at supporting its next phase of growth. The company

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Peekabox Secures $1.5 Million to Expand Sustainable Food Commerce Across the GCC

Dubai’s growing startup ecosystem continues to attract attention as food-tech venture Peekabox announced the successful closure of a $1.5 million seed funding round aimed at accelerating its regional expansion. The company is building a digital marketplace designed to connect consumers with surplus meals and grocery products from restaurants, cafes, bakeries, and retailers at significantly reduced

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ThinkProp Introduces AI-Powered Academy For UAE Real Estate Professionals

ThinkProp Venture has unveiled ThinkProp AI Academy, a new initiative designed to reshape professional training for the UAE’s real estate and business sectors through artificial intelligence-driven learning systems. Developed under the umbrella of Advanced Real Estate Services, the academy aims to bridge the gap between theoretical education and real-world industry performance. Positioned as one of

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TruKKer Reinforces Regional Freight Expansion Through Structured Financing

TruKKer’s latest USD 300 million facility reflects a significant evolution in how regional technology companies are financing long-term expansion. By leveraging structured, non-recourse securitization instead of traditional equity funding, the company reinforces institutional confidence in MENA’s growing logistics infrastructure, digital trade ecosystems, and technology-driven cross-border freight operations. TruKKer continues to redefine regional logistics through technology-led

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Telr and Geidea Partner to Strengthen Unified Payment Experiences Across MENA

Telr and Geidea have entered a strategic collaboration aimed at enhancing digital and in-store payment experiences for merchants across the Middle East. The partnership brings together Telr’s payment gateway and omnichannel capabilities with Geidea’s advanced point-of-sale solutions to support more seamless and connected commerce operations. The collaboration reflects the region’s accelerating shift toward integrated payment

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Seven Years Of Advancing Innovation In Egypt

Tatweer Misr has launched the seventh edition of its Innovation Competition in partnership with Egypt’s Entrepreneur Awards (EEA), continuing its long-term commitment to supporting entrepreneurship, technology, and future-focused urban development across Egypt. The competition welcomes innovators at every stage, from early ideas to scaling startups operating for up to eight years. This year’s edition offers

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Capital Group Expands Into Middle East With Abu Dhabi Office

Capital Group is preparing to launch its first office in the Middle East, selecting Abu Dhabi as the base for its regional expansion strategy. The global investment management firm plans to establish the new operation within Abu Dhabi Global Market later this year, pending regulatory approvals. The office will support a range of functions including

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Lean Expands Pay by Bank Under UAE Open Finance Framework

The UAE’s digital payments ecosystem is entering a more structured phase as Lean Technologies expands its Pay by Bank capabilities under the country’s newly operational Open Finance framework. The move marks a transition from early adoption to regulated scalability, positioning account-to-account payments as a core component of the financial landscape. By consolidating deposits, collections, checkout,

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Metafare Secures $1 Million to Expand Virtual Wellness Platform

Saudi Arabia based healthtech startup Metafare has raised $1 million in its first funding round, backed by Harmonics Ventures and a group of family offices. The funding marks an important step as the company looks to scale its virtual wellness platform powered by artificial intelligence and virtual reality. Founded in 2025 by Ibrahim Almaghlouth, Metafare

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