News
Calo raises $39 million in Series B extension round
Calo, the Middle East’s largest foodtech startup revolutionizing personalized meal subscriptions, has raised $39 million (SAR 146.27 million) in a Series B extension round led by AlJazira Capital. The...
Tabadulat to launch Shariah-compliant trading platform
Tabadulat, a UAE-based Shariah-compliant investing platform, has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority (FSRA) to launch a 100% Shariah-compliant global tra...
PIF and ADIA tops the global rankings
Saudi Arabia’s Public Investment Fund (PIF) has been named the most valuable and fastest-growing sovereign wealth fund (SWF) brand in the world for the second consecutive year, according to the 2025 e...
Toyow secures $10 million funding from Nimbus Capital
Toyow, the world’s first multi-category tokenised asset marketplace, has secured $10 million in funding from Nimbus Capital, a leading alternative investment group operating globally, focused on emerg...
Gupshup raises over $60 million in funding round
Gupshup announced it has raised over $60 million in a funding round combining equity and debt financing from Globespan Capital Partners and EvolutionX Debt Capital. The funding will fuel the expansion...
CE-Ventures invests in two Silicon Valley startups
CE-Ventures has announced investments in Silicon Valley startups Plaid and Mesh, focused on data infrastructure and digital asset movement respectively, are both critical enablers of financial interop...
IFZA partners with Plug and Play to launch Scale360
IFZA announced the launch of Scale360, in association with Plug and Play. The Scale360 is a startup accelerator dedicated to bridging the gap between international startups and leading international c...
Infobip launches WhatsApp Business Calling
Infobip announced the launch of WhatsApp Business Calling, a new feature that enables businesses to make and receive voice calls via their WhatsApp Business numbers. This addition enhances InfobipR...
UAE’s Space42 raises $695.5 million to fund new satellites
Space42, the UAE-based AI-powered SpaceTech company, announced the signing of a $695.5 million Export Credit Agency (ECA)-backed financing facility to fund the development of its next-generation geost...