Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has mandated banks to arrange a bond sale, the first high-profile...

UAE-based fintech Zest Equity announced it raised $3.8 million in seed funding, to hit total funding raised by the startup at $5.7 million. The investment round...

Saudi Arabia-based AI startup Cycls announced it raised $1 million in pre-seed funding from angel investors, according to a company statement. The...

Healthtech platform MDisrupt has announced it secured 3 million USD in a seed fund round from The Venture Collective, Capita3, 3plus VC, Geek...

Omani-based ID Tech and Blockchain startup, Nashid, announced it has been selected to participate in the prestigious Tech4Trust accelerator program...

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), headquartered in Bahrain, and Boursa National, a Kuwaiti-Uzbek consulting company, signed a Memorandum of Understanding...

Saudi Arabia’s Public Investment Fund (PIF) announced it entered a partnership with the Saudi Electricity Company (SEC) to establish an electric infrastructure company, according...

Abu Dhabi International Holding Company (IHC) announced its plan to acquire a stake in cryptocurrency firm Phoenix Group through its subsidiary, International Tech Group. IHC’s...

Jordan-based fintech Capifly announced it secured a $1 million pre-seed funding round from investors including Oasis500, BLDR Ventures, Joa Capital, Ahli Fintech, along...

Jisr, a Saudi platform for digitizing human resources operations, announced it closed an investment round worth 30 million USD from...