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WEEKLY ROUND-UP

Uber takes back Careem, SVC names new CEO

Jun 5, 2026

Uber takes back Careem, SVC names new CEO


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Inside Speedinvest's new Middle East and Africa Fund

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Inside Speedinvest's new Middle East and Africa Fund


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Jun 9, 2026

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Algebra AI emerges from stealth with $7M to bring managed AI operations to the GCC mid-market

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Algebra AI emerges from stealth with $7M to bring managed AI operations to the GCC mid-market

Algebra AI emerges from stealth with $7M to bring managed AI operations to the GCC mid-market

Led by Anis Harb, former head of Deliveroo's Middle East business, the round was backed by Infinity Constellation, BECO Capital, Silicon Badia and Waseel Investments.

Jamie Lane

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Saudi unicorn Ninja weighs bid for Delivery Hero's Middle East assets as HungerStation founder eyes return

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Saudi unicorn Ninja weighs bid for Delivery Hero's Middle East assets as HungerStation founder eyes return

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To understand Saudi quick commerce, look to India

Byju's founder faces Singapore jail sentence in QIA dispute as $22 billion edtech collapse deepens

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🇦🇪 UAE

Jun 9, 2026

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2 min read

Algebra AI emerges from stealth with $7M to bring managed AI operations to the GCC mid-market

Jun 5, 2026

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2 min read

Anthropic files for IPO after $65bn round at $965B valuation as QIA and MGX both deepen Gulf stakes

Jun 5, 2026

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1 min read

CNTXT AI acquires Actualize to power Arabic voice agents across the GCC

🇸🇦 KSA

Jun 9, 2026

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2 min read

Saudi unicorn Ninja weighs bid for Delivery Hero's Middle East assets as HungerStation founder eyes return

Jun 5, 2026

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Saudi Venture Capital appoints Nora Alsarhan as CEO in leadership transition after six years under founding chief Koshak

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May 12, 2026

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Exclusive: Egyptian grocery delivery startup Breadfast cuts 58 tech staff months after $50M raise

Apr 17, 2026

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Egyptian cybersecurity startup Raspire joins Y Combinator with no-code runtime protection platform

Apr 7, 2026

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3 min read

Egypt's Lucky raises $23m Series B to scale consumer credit and expand into North Africa

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