Majority of the 80,000 new business licenses in Saudi Arabia are blockchain and AI
Of the 80,000 new business commercial licenses registered in Q2 of 2025 in Saudi Arabia most of them are in high growth industries such as...
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Aria Ventures launches $1 million Deep tech venture studio in Egypt
Egypto based Aria Ventures, a specialized venture studio focused on building startups, launches a $1 million (50 million EGP) investment to support promising companies in...
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MEVP and G42 invest in UAE AppliedAI series A $55 million round
Middle East Venture Partners (MEVP), a large MENA venture capital firm has invested in AppliedAI as part of the company's Series A funding round alongside...
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Equivator invests $8 million in GCC Related a loyalty rewards company
United Kingdom and Saudi Arabian Equivator, a premier alternative investment firm, has made a strategic investment of $8 million in UAE headquartered Related, where the...
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Middle East governments building on blockchain, AI and Bitcoin reserves
Raoul Pal, the Co-Founder and CEO of Real Vision, a financial knowledge and educational platform, in his recent visit and meeting with sovereign wealth funds...
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Hash AI to launch UAE crypto mining site worth $2 million
Hash AI has begun constructing a $2 million large-scale cryptocurrency mining facility in the UAE. Announced on their X channel, the company noted that the...
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UAE based Akka Finance raises investment from Core Ventures
UAE based Akka Finance, the AI Intelligence Layer for Bitcoin DeFi (BTCFi), has received a strategic investment from Core Ventures, the investment arm of Core...
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Fortemis offers compliance and regulatory services at RAK DAO
Fortemis, which offer compliance and regulatory services, has partnered with RAK DAO Strategic and has set up its operations at RAK DAO. Fortemis was founded...
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Qatar Investment Authority lost $250 million in bankrupt Builder ai
Qatar Investment Authority is one of the investors in Builder.ai, the British no-code AI startup to lose millions in investment, $250 million to be exact....
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Saudi Arabia Pilots tokenization with DroppRWA and RAFAL Real estate
DroppRWA, a sister company of Web3 technology provider DroppGroup, has partnered with Saudi Arabia's real estate developer RAFAL Real Estate Co, to execute a Saudi...
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