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Saudi Arabia

+2

CloudKitchens pauses Middle East IPO plans, weighs private placement instead

Dec 19, 2025

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2 min read

CloudKitchens pauses Middle East IPO plans, weighs private placement instead

The PIF-backed ghost kitchen operator has put a potential regional listing on hold and is exploring a private placement for its Middle East business, after previously targeting a $2bn valuation and a dual Abu Dhabi–Saudi IPO as early as 2026.

Jamie Lane
Jamie Lane

Startups

+4

Egypt’s Nawah Scientific raises $23M Series A as it marks a decade in deeptech labs

Dec 19, 2025

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2 min read

Egypt’s Nawah Scientific raises $23M Series A as it marks a decade in deeptech labs

Founded in 2015 by Omar Shokry Saqr, Nawah operates a cloud lab model that allows researchers and companies to access advanced scientific and industrial testing services remotely.

Jamie Lane
Jamie Lane

Saudi Arabia

+1

Saudi delivery startup Mr Mandoob plans IPO in H1 2026 after valuation tops $213m

Dec 19, 2025

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2 min read

Saudi delivery startup Mr Mandoob plans IPO in H1 2026 after valuation tops $213m

CEO Obaid Al-Enazi says the Saudi delivery platform, which serves more than 14 million users, is working with regulators on a potential Nomu listing as it scales partnerships, technology and services amid rising competition and sector consolidation.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

The Gulf's Hollywood gambit unravels

Dec 19, 2025

•

7 min read

The Gulf's Hollywood gambit unravels

Kushner exits, Trump turns hostile, and the WBD board calls Paramount's financing "illusory." Netflix wins, for now.

Jamie Lane
Jamie Lane

Startups

+3

Egypt’s iVoiceUp raises funding led by A15 to scale AI-powered whistleblowing platform across MENA

Dec 17, 2025

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3 min read

Egypt’s iVoiceUp raises funding led by A15 to scale AI-powered whistleblowing platform across MENA

The Cairo-founded ethics and compliance startup will use the new capital to expand in Egypt, Saudi Arabia and the UAE, and roll out advanced AI-driven case management and anonymity features for enterprises.

Jamie Lane
Jamie Lane

Algeria

+3

Algerian traveltech VOLZ raises $5m Series A in country’s largest local-currency startup round

Dec 17, 2025

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3 min read

Algerian traveltech VOLZ raises $5m Series A in country’s largest local-currency startup round

The Algiers-based startup, which enables flight bookings in dinars via online payments or cash on delivery, plans to deepen its domestic footprint and expand across North and West Africa following a landmark raise led by Tell Group-backed investors.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

Noon raises $500m from PIF-backed investors as Middle East e-commerce giant eyes IPO

Dec 12, 2025

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3 min read

Noon raises $500m from PIF-backed investors as Middle East e-commerce giant eyes IPO

Founded in 2016, noon launched with the PIF holding a 50% stake and investors led by Alabbar owning the remainder.

Jamie Lane
Jamie Lane

Saudi Arabia

+4

Three Gulf sovereign funds team up on an unprecedented Hollywood hostile bid

Dec 12, 2025

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7 min read

Three Gulf sovereign funds team up on an unprecedented Hollywood hostile bid

Paramount's $108 billion offer for Warner Bros. Discovery marks a rare moment of Gulf cooperation – and signals the region's ambitions to control, not just consume, American entertainment.

Jamie Lane
Jamie Lane

News

+2

Qatar sets up Qai as state backed AI firm, joining UAE and Saudi in regional AI push

Dec 9, 2025

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2 min read

Qatar sets up Qai as state backed AI firm, joining UAE and Saudi in regional AI push

The Qatar Investment Authority has set up a new AI company to invest in infrastructure, evaluate frontier models and build trusted systems, joining the UAE and Saudi Arabia in pushing for sovereign control over next-generation computing.

Jamie Lane
Jamie Lane

Startups

+5

UAE proptech Byit Capital raises $1.1M to scale its agent-first brokerage model across the Gulf

Dec 9, 2025

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2 min read

UAE proptech Byit Capital raises $1.1M to scale its agent-first brokerage model across the Gulf

Backed by A15, Beltone Holding and angels, Byit plans rapid expansion into Saudi Arabia after growing its network to more than 40,000 freelance brokers.

Jamie Lane
Jamie Lane

News

+1

GCC Food Security, India’s Venture Depth & Agritech Investing

Dec 8, 2025

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1 min read

GCC Food Security, India’s Venture Depth & Agritech Investing

Mark Kahn, Co-Founder and Managing Partner of Omnivore, India’s leading agritech and climate-tech venture capital firm with more than $300M AUM, joins the podcast.

Jamie Lane
Jamie Lane

Startups

+3

UAE renovation-tech startup Reno raises $4M to expand its end-to-end home upgrade platform across the GCC

Dec 5, 2025

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2 min read

UAE renovation-tech startup Reno raises $4M to expand its end-to-end home upgrade platform across the GCC

Backed by Sanabil 500, Hub71 and Plus VC, Reno will use the new capital to scale its renovation operating system, launch an AI-powered design app and grow its footprint across Gulf markets.

Jamie Lane
Jamie Lane

Startups

+3

Lebanese founder Tarek Mansour’s Kalshi raises $1B at an $11B valuation as prediction markets go mainstream

Dec 4, 2025

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3 min read

Lebanese founder Tarek Mansour’s Kalshi raises $1B at an $11B valuation as prediction markets go mainstream

The latest round was led by Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, CapitalG and several returning investors.

Jamie Lane
Jamie Lane

Startups

+3

GlobalFoundries acquires Egypt’s InfiniLink months after its $10M seed round

Dec 3, 2025

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3 min read

GlobalFoundries acquires Egypt’s InfiniLink months after its $10M seed round

The Cairo chip startup gives GlobalFoundries new silicon photonics design depth as AI data centres shift from copper to optical interconnects.

Jamie Lane
Jamie Lane

Startups

+3

Egypt’s Rology raises growth round from Philips Foundation, J&J, Sanofi and MIT Solve to scale AI-enabled teleradiology

Dec 3, 2025

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2 min read

Egypt’s Rology raises growth round from Philips Foundation, J&J, Sanofi and MIT Solve to scale AI-enabled teleradiology

The Cairo startup, which acquired Saudi Arabia’s Arkan United last year, will use the funding to expand access to rapid, AI-driven radiology across MEA and strengthen its position in Saudi Arabia.

Jamie Lane
Jamie Lane

Startups

+4

Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale AI-led security operations

Dec 3, 2025

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3 min read

Saudi cybersecurity startup COGNNA raises $9.2M Series A to scale AI-led security operations

Impact46 doubles-down as COGNNA pushes into global markets with its agentic SOC platform, promising faster threat detection and lower security operations costs.

Jamie Lane
Jamie Lane

Fintech

+4

Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC

Nov 27, 2025

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3 min read

Saudi-based Erad secures $125M facility from Jefferies and Channel to scale embedded SME finance across the GCC

The capital will expand erad’s embedded finance solutions into new B2B verticals including manufacturing, logistics, distribution and real estate services, with financing ticket sizes of up to SAR 10 million.

Jamie Lane
Jamie Lane

Jordan

+3

Propeller launches $50M Fund III to back AI infrastructure and AI-native software across US and MENA

Nov 26, 2025

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2 min read

Propeller launches $50M Fund III to back AI infrastructure and AI-native software across US and MENA

Founded in 2017 by Zaid Farekh and Tambi Jalouqa, Propeller operates across Amman, Riyadh, Boston, and Silicon Valley, positioning itself as a bridge between MENA AI builders and US growth markets.

Jamie Lane
Jamie Lane

Startups

+4

Strataphy raises $6M Seed to develop geothermal cooling systems for data centres and industrial infrastructure

Nov 25, 2025

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2 min read

Strataphy raises $6M Seed to develop geothermal cooling systems for data centres and industrial infrastructure

Outliers VC leads investment to scale subsurface-powered cooling technology across Saudi Arabia and the UAE.

Jamie Lane
Jamie Lane

Startups

+3

Founders Fund leads $11.7M Series A in Mnzil, marking its first lead investment in Saudi Arabia

Nov 25, 2025

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2 min read

Founders Fund leads $11.7M Series A in Mnzil, marking its first lead investment in Saudi Arabia

The US firm, known for backing SpaceX, Airbnb and OpenAI, will support Mnzil’s expansion of workforce housing solutions across the GCC.

Jamie Lane
Jamie Lane

Startups

+3

Kingpin raises $3.5M Seed to scale AI-native B2B retail platform globally

Nov 21, 2025

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2 min read

Kingpin raises $3.5M Seed to scale AI-native B2B retail platform globally

The UAE-based startup will expand from the Middle East into Europe and North America as it builds AI-powered infrastructure for global distribution.

Jamie Lane
Jamie Lane

Saudi Arabia

+2

HUMAIN partners with Adobe to develop Arabic-first generative AI on Saudi-built hyperscale infrastructure

Nov 20, 2025

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2 min read

HUMAIN partners with Adobe to develop Arabic-first generative AI on Saudi-built hyperscale infrastructure

Collaboration spans infrastructure, models and creative tools. Adobe to become first customer of HUMAIN’s AI data centres, with support from Qualcomm.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

HUMAIN leads Luma AI’s $900M Series C to train multimodal AGI using 2GW Saudi supercluster

Nov 20, 2025

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2 min read

HUMAIN leads Luma AI’s $900M Series C to train multimodal AGI using 2GW Saudi supercluster

Funding led by HUMAIN will accelerate development of frontier “World Models” as Luma positions to scale real-world AI across robotics, enterprise, entertainment, and regional customisation.

Jamie Lane
Jamie Lane

Saudi Arabia

+2

Elon Musk announces 500MW xAI data centre in Saudi Arabia in partnership with HUMAIN

Nov 20, 2025

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2 min read

Elon Musk announces 500MW xAI data centre in Saudi Arabia in partnership with HUMAIN

Project launched during Crown Prince Mohammed bin Salman’s US visit. Built in partnership with Saudi sovereign-backed HUMAIN AI and powered by Nvidia chips.

Jamie Lane
Jamie Lane

Saudi Arabia

+3

Saudi fractional real estate platform Ghanem raises $7.1M from Al-Romaih Group

Nov 19, 2025

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2 min read

Saudi fractional real estate platform Ghanem raises $7.1M from Al-Romaih Group

The newly launched startup aims to expand access to property investment through a regulated fractional ownership model.

Jamie Lane
Jamie Lane
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