Oraseya Capital, the investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), now manages a venture capital fund of USD 272.3 million (AED 1 billion). The fund was previously USD 136.2 million (AED 500 million). As a result, it can finance more high-growth companies and back their expansion into regional and global markets. What
Oraseya Capital Doubles Venture Fund to USD 272.3M Read More »
Moreover, Mubadala Investment Company has partnered with Together AI to explore AI infrastructure opportunities in the UAE. As part of the partnership, Together AI will establish a local presence in Abu Dhabi. This brings its AI computing, research, and inference capabilities closer to developers and businesses across the region. Together AI was founded in 2022
Mubadala and Together AI Partner to Expand in UAE Read More »
Qatar-based AI startup Aligator has raised $1.2 million in seed funding to develop its agentic AI platform for the public relations industry. The funding round was led by Qatar Development Bank (QDB) and Next Ventures, a fund by Media City Qatar, with participation from private investors. Founded in 2025 by Ali Abbas and a team
Qatar’s Aligator raises $1.2 million Read More »
Egyptian digital financial services provider Fawry has secured a $10.8 million (EGP 550 million) financing facility for its subsidiary, Fawry MSME Finance, from Egypt’s Micro, Small, and Medium Enterprise Development Agency (MSMEDA). The deal expands access to credit for micro, small, and medium-sized enterprises, supporting Egypt’s push toward greater financial inclusion. Founded in 2008, Fawry
Abu Dhabi-based investment powerhouse Mubadala has expanded its international infrastructure footprint through a significant investment in a major electricity transmission project connecting key European energy markets. The move reflects the growing interest of sovereign investors in assets that support energy reliability, cross-border cooperation, and the modernization of power networks. The investment centers on a subsea
