Latest
News
+2
Oct 10, 2025
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2 min read
Cerebras withdraws IPO filing after $1B raise amid G42 scrutiny
G42 accounted for 87% of the company’s revenue in the first half of 2024, a customer concentration flagged as a material risk in its IPO filings.
News
+2
Oct 10, 2025
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3 min read
US clears billions in NVIDIA chip exports to UAE under Trump AI pact
The deal is tied to a landmark AI agreement signed in May that pairs US chip shipments with reciprocal Emirati investment.
Fintech
+2
Oct 8, 2025
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2 min read
Revolut’s Nik Storonsky swaps London for Dubai as fintech gears up for UAE launch
The move, first reported by the Financial Times, was disclosed in updates to Storonsky’s family office records.
Startups
+2
Oct 3, 2025
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2 min read
UAE’s MGX to take 15% stake in TikTok US under White House deal
MGX will join Oracle and Silver Lake as co-investors, each taking an equal stake.
Startups
+4
Oct 1, 2025
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2 min read
Rebellions raises $250M at $1.4B valuation, expands AI chip push into Saudi Arabia
The raise comes just over a year after Saudi Arabia’s Wa’ed Ventures, the VC arm of Aramco, led a $15 million Series B extension in July 2024.
Startups
+2
Oct 1, 2025
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2 min read
Careem takes minority stake in Swapp to expand car rental play in UAE
The move expands a partnership that began in 2022 when Swapp was integrated into the Careem Everything App as Careem Car Rental.
Agritech
+4
Oct 1, 2025
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2 min read
Aydi raises $7.5M seed to launch AI agronomy assistant Orth
Founded in 2022 by Hassan Fayed, Aydi describes Orth as a “field operating system” for agriculture, combining satellite monitoring, predictive analytics, and conversational AI to give farmers plot-level precision.
News
+2
Sep 29, 2025
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2 min read
BECO Capital closes $370M across two funds to back Gulf founders from pre-seed to IPO
The raise includes $120 million for BECO Fund IV, the firm’s fourth early-stage vehicle, and a $250 million Growth Fund targeting companies from Series B to pre-IPO.
Startups
+2
Sep 29, 2025
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3 min read
MENA's top founders head to London as Key Capital builds cross-border investor bridge
The event builds on two earlier editions, which facilitated more than 200 meetings between 30+ global investors and 40 MENA startups in 2024.
News
+1
Sep 26, 2025
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2 min read
PayPal to deploy $100M in MENA and Africa through ventures, acquisitions, and tech rollouts
The announcement follows the launch of its first regional hub in Dubai earlier this year, set up to provide businesses with seamless payments, enhanced security, and access to global markets.
