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AMI Labs receives investment from Shorooq at $3.5 Bn valuation

Shorooq today announced its participation in the $1.03 billion funding round of AMI Labs (Advanced Machine Intelligence), the newly launched…

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Egypt’s Mitcha acquired by Converted to expand AI-driven e-commerce ecosystem

Converted, a company specialising in AI-powered advertising technology for emerging markets, has announced the acquisition of Mitcha, one of Egypt’s…

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Qatar’s iQtech receives first funding to scale XR medical training platform

iQtech LLC, a Qatar-based startup specialising in advanced medical simulation and cross-reality (XR) technologies, has announced the successful close of…

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Rimal Semiconductors raises Bridge funding to scale Saudi chip design

Rimal Semiconductors, a Saudi chip design startup, has secured a bridge funding round from Keheilan Asset Management and an undisclosed…

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TruDoc Healthcare secured $15 M from Al Nahyan and Al-Ketbi families

TruDoc Healthcare, the GCC’s premier virtual-first, full-stack healthcare platform, today announced the successful closure of a $15 million pre-Series B…

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Muhlah closes $7.5 M Seed funding from BIM Ventures

Muhlah Zamaniyah for Finance, operating under the brand Muhlah, a Saudi fintech-enabled consumer microfinance company licensed by the Saudi Central…

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