News

ESET discovers first Gen AI-powered Android threat

ESET researchers have discovered PromptSpy, the first known Android malware to abuse generative AI in its execution flow to achieve persistence. It is the first time generative AI has been deployed in...

Stake raises $31M in an oversubscribed Series B round

Stake today announced it successfully raised $31 million in its oversubscribed Series B funding round led by Emirates NBD, with additional participation from MENA Venture Capital Fund, Middle East Ven...

SVC unveils Aian to boost Saudi Private Capital ecosystem

Saudi Venture Capital Company (SVC) has announced Aian, a pioneering proprietary intelligence platform that further strengthens SVC’s role as a market maker for Saudi Arabia’s private capital ecosyste...

Plus VC’s Hasan Haider wins Top Venture Capitalist Award

Plus VC today announced that its founder and managing partner, Hasan Haider has been recognized with a Top Venture Capitalist Award 2026 at the Forbes Middle East Top Advisors & Investors Summit.

GoDaddy starts ANS Registry for AI agents

AI agents are launching at an incredibly rapid pace, with more than one billion agents projected to be built by businesses alone in the next three years. As AI agents begin communicating with one anot...

Bosta and RiseUp to support startups in the region

Bosta announced its participation in the RiseUp Summit 2026, held at the Grand Egyptian Museum in Cairo from February 5 to 7, 2026, under the theme “The Turning Point.” During the event, RiseUp announ...

Red Sea Global and Bunat VC to launch AI venture fund

Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced a strategic partnership with Bunat Ventures Limited (Bunat VC) to launch a first-of-i...

Gruve raises $50 million to scale its operations

Gruve, a leader in AI services and infrastructure, announced a $50 million follow-on Series A funding to accelerate deployments, expand strategic partnerships, and scale its full-stack agentic service...

MBZUAI celebrates five years of leading AI innovation

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) this week commenced celebrations marking its fifth anniversary under the theme “Pioneering Tomorrow: AI, Science and Humanity....

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