MENA Beehive
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TBC Bank Group reports 2Q 2025 net profit of GEL 346 million (USD 126 million), fuelled by strong top-line growth in Georgia and Uzbekistan
8 August 2025: TBC Bank Group PLC, which operates the leading financial services group in Georgia and the largest digital…
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Stake in Foodics acquired by Kamco Invest
Kamco Invest, a leading regional non-banking financial powerhouse, has announced that its private equity division has acquired a stake in…
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Libya’s e-commerce platform Mataa closes Seed funding from local angel investors
Mataa, a Libya-based e-commerce platform, announced the closing of its first Seed investment round, backed by a group of Libyan…
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Saudi Arabia’s sports-tech platform Flex League closes six-figure Seed investment
Flex League, the Saudi sports-tech platform transforming the competitive padel and tennis scene, has closed a six-digit USD Seed round.…
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Bunyan, Saudi Arabia’s first sovereign inference-as-a-service platform launched by OmniOps
OmniOps, Saudi Arabia’s leading AI Infrastructure Technology provider, today announced the official launch of Bunyan بنيان, the Kingdom’s first sovereign…
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To spur global growth, Calo raises $39 M in Series B extension round
Calo, the Middle East’s largest foodtech startup, revolutionising personalised meal subscriptions, today announced it has raised $39 million (SAR 146.27…
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Olivery raised Seed funding from Ibtikar Fund, Flat6Labs
Ibtikar Fund and Flat6Labs Mashreq Seed Fund have announced a joint seed investment in Olivery, a fast-growing B2B SaaS company…
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To revolutionize voice-based customer service, Sawt raised $1 M
Sawt, the Saudi-based startup pioneering AI voice call systems, announced the closing of its $1 million (SAR 3.75 million) pre-seed…
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Startup SafaQat raises capital to grow its AI-powered procurement platform
SafaQat, an Omani digital procurement and purchasing platform, has successfully raised an undisclosed amount in strategic funding from the Oman…
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Meta acquired Egyptian voice AI startup PlayAI
Meta, formerly Facebook, has acquired PlayAI, an Egyptian voice AI startup, as part of its strategy to compete with Google…
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