Investments

Pinnacle Launches Venture Capital Fund to Back Saudi Growth Companies

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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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OORI Secures Saudi CMA Licence to Expand Regulated Private Market Investments

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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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Bahraini Insurtech Soor Secures Pre-Seed Investment to Expand Digital Insurance Platform

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

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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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Unique Properties Strengthens Market Vision With Strategic Talent Investment

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Dubai brokerage reinforces long-term confidence in the UAE property sector through a major leadership acquisition Dubai-based real estate brokerage Unique Properties has announced a significant seven-figure investment to welcome renowned broker Alessandro Console to its growing leadership network, underlining the company’s strong belief in the continued momentum of the UAE’s property market. The move arrives

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

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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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Saudi-Based Calo Secures $39M to Expand Its AI-Driven Meal Platform

Investments

Saudi-based foodtech startup Calo has raised an additional $39 million in a Series B extension round, bringing its total funding to $64 million, surpassing its original $50M target. The round was led by AlJazira Capital, with participation from Nuwa Capital, STV, Khwarizmi Ventures, Al Faisaliah Group, and Oraseya Capital. With this new funding, Calo plans

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ABC’s head of AI research outlined the 7 areas the bank is looking to apply the tech

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