Investments

Abu Dhabi Hosts 150+ AI Startups and 200 Investors at Ai Everything 2026

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AI Everything Abu Dhabi 2026 brought together more than 150 AI startups, 400 technology companies and over 200 investors managing $100 billion in assets. Held on October 6–7 at ADNEC Centre, the event highlighted Abu Dhabi’s growing role in the global artificial intelligence industry. The event’s startup platform, Ai StartX Everything, showcased AI solutions across

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HUMAIN & EY are building SaudiArabia’s first AI-native BPO

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Saudi Arabia-based HUMAIN has expanded its service agreement with EY to develop and commercialize AI-powered enterprise services for international markets. The partnership combines HUMAIN’s artificial intelligence technology and infrastructure with EY’s industry expertise, functional knowledge and commercialization capabilities. The expanded engagement will support the development of HUMAIN ONE, an integrated agentic AI platform designed to

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CE-Ventures Backs Aptadir in $45.4M Seed Round

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UAE-based CE-Ventures, the corporate venture capital arm of Crescent Enterprises, is investing in Italian biotech Aptadir Therapeutics as it raises $45.4 million (€40 million) in seed funding. The company is developing RNA-based treatments for genetic disorders, including Fragile X Syndrome. As the company’s lead candidate, CAP1-FMR1 seeks to reactivate the FMR1 gene that remains silenced

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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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