6+ day, 6+ hour ago   (201+ words) Syrian classifieds platform doushesh is set to receive a strategic investment of up to $480,000 from Saudi Arabia’s AQAR, under a partnership aimed at supporting the company’s expansion and further development of its digital platform. The two companies signed a memorandum…...

1+ week, 4+ day ago   (329+ words) Enhance, a technology company developing solutions for the personal training industry, has raised $18.2 million in a blended funding round combining equity and debt financing, as it moves to accelerate its expansion in the US, one of the world’s largest fitness…...

1+ week, 4+ day ago   (444+ words) Egypt-based 3C Coding School, a company specializing in coding, technology, and artificial intelligence education for children and young people, has closed a $3 million Seed round through a direct equity investment led by MRG Economic Group, chaired by businessman Mahmoud Ramadan, with…...

1+ week, 4+ day ago   (956+ words) COFE has entered a new phase of its investment journey after completing a new funding round led by Wa’ed Ventures, the venture capital arm backed by Saudi Aramco, valuing the company at approximately $178 million. The round is particularly notable as…...

1+ week, 6+ day ago   (337+ words) Remedium Network has closed a $1.5 million Pre-Seed funding round, led by Kaltaire Investments, as the company seeks to expand its technology and sustainability solutions in the Saudi market. Khalid Kamal, Managing Director at Kaltaire Investments, said the partnership with Remedium…...

2+ week, 5+ hour ago   (544+ words) Saudi financial services company Derayah Financial is expanding its exposure to global technology investments with a commitment of up to $65 million, equivalent to SAR 244 million, to HOF Capital Strategic Opportunities Fund II, which focuses on artificial intelligence, enterprise software, and…...

3+ week, 1+ hour ago   (856+ words) Andreessen Horowitz (a16z), the Silicon Valley venture capital firm, is facing scrutiny from the U.S. Department of Justice over its partners’ board memberships at companies operating in closely related fields and competing in the artificial intelligence market. According to a report by…...

3+ week, 3+ day ago   (1280+ words) Competition in the Gulf’s fintech sector is entering a new phase, moving beyond consumer payments and digital transfers toward the financial infrastructure that powers corporate transactions. Against this backdrop, UAE-based fintech company XSquare, which specializes in B2B payments, has secured an…...