Business News

OORI Secures Saudi CMA Licence to Expand Regulated Private Market Investments

Business News, Investments, Startups / Leave a Comment

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, […]

OORI Secures Saudi CMA Licence to Expand Regulated Private Market Investments Read More »

Egypt Edtech UMAMI Launches AI Learning System With EGP 50 Million Investment

Business News, Entrepreneurship, Investments / Leave a Comment

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

Egypt Edtech UMAMI Launches AI Learning System With EGP 50 Million Investment Read More »

Talabat Shares Climb On Dubai Financial Market As Uber’s Delivery Hero Acquisition Talks Advance

Acquisition, Business News, Entrepreneurship / Leave a Comment

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

Talabat Shares Climb On Dubai Financial Market As Uber’s Delivery Hero Acquisition Talks Advance Read More »

The First Group And Pulse Developments Launch $670 Million Hospitality Push In Sharm El Sheikh, Egypt

Business News / Leave a Comment

British developer The First Group has partnered with Egypt’s Pulse Developments on a $670 million-plus hospitality venture, delivering more than 3,200 hotel units across three projects in Sharm El Sheikh, one of the largest recent hospitality investments in Egypt’s tourism sector. The partners plan to build an integrated platform to develop, operate, and market hotel

The First Group And Pulse Developments Launch $670 Million Hospitality Push In Sharm El Sheikh, Egypt Read More »

Reme-D, Egyptian Molecular Diagnostics Startup, Raises $1.45M Pre-Series A To Scale Africa Operations

Business News, Entrepreneurship, Expansion / Leave a Comment

Egyptian healthtech startup Reme-D has raised $1.45 million in a Pre-Series A round led by Anara Impact Capital, with Global Innovation Fund and Africa Health Ventures also participating. The Cairo-based molecular diagnostics company develops affordable, temperature-resilient tests for tuberculosis, HIV, hepatitis, and HPV, targeting healthcare gaps across Africa and other underserved markets. Since launching in

Reme-D, Egyptian Molecular Diagnostics Startup, Raises $1.45M Pre-Series A To Scale Africa Operations Read More »

Syrian Healthtech Startup Moadna Raises $50,000 in Early-Stage Funding

Business News, Entrepreneurship, Expansion / Leave a Comment

Syrian healthtech startup Moadna has secured $50,000 in early-stage funding from angel investors, reaching a valuation of $300,000 and strengthening its position within the country’s growing digital healthcare sector. Founded by Tarek Skheta and Maged Hamdeh, the company has developed a technology platform designed to simplify healthcare administration for clinics, medical centers, and independent practitioners.

Syrian Healthtech Startup Moadna Raises $50,000 in Early-Stage Funding Read More »

Rentify Raises USD 2M Seed Round to Launch GCC-Native AI Rental Platform

Business News, Expansion / Leave a Comment

UAE proptech expands beyond payments with Earn AI, automating rental revenue management across thousands of units Dubai-based fintech and proptech startup Rentify has secured USD 2 million in seed funding from a syndicate of real estate and fintech investors, bringing its total funding to USD 2.5 million following a USD 500,000 pre-seed round in 2025.

Rentify Raises USD 2M Seed Round to Launch GCC-Native AI Rental Platform Read More »

Pickalbatros Strengthens Regional Hospitality Vision Through Strategic Expansion Initiatives

Business News, Expansion / Leave a Comment

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

Pickalbatros Strengthens Regional Hospitality Vision Through Strategic Expansion Initiatives Read More »

Saudi Logistics Innovator Pickappo Secures New Capital to Accelerate Expansion Efforts

Business News, Startups / Leave a Comment

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

Saudi Logistics Innovator Pickappo Secures New Capital to Accelerate Expansion Efforts Read More »

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

Business News, Startups / Leave a Comment

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

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