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News & Updates

The latest market insights, technology trends, and regulatory updates across the MENA region.

Ninja Tests Investor Appetite for Potential Riyadh IPO
News

Ninja Tests Investor Appetite for Potential Riyadh IPO

Saudi rapid delivery startup Ninja is assessing investor appetite for a potential initial public offering (IPO) in Riyadh, as regional markets navigate volatility linked to the ongoing Iran war, which [...]

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Adenia Partners Announces $180M First Close of Adenia Entrepreneurial Fund I to Back High-Growth African SMEs
Investment

Adenia Partners Announces $180M First Close of Adenia Entrepreneurial Fund I to Back High-Growth African SMEs

Private equity firm Adenia Partners has announced the successful first close of its Adenia Entrepreneurial Fund I (AEF) at its $180 million hard cap, achieved in less than a year [...]

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Mistral AI Launches Forge to Enable Enterprises to Build Custom AI Models
AI & Machine Learning

Mistral AI Launches Forge to Enable Enterprises to Build Custom AI Models

Mistral AI has officially launched its new platform, Forge, at Nvidia GTC 2026, aiming to enable enterprises to build custom AI models using their own internal data rather than relying [...]

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Upvest Secures $125M to Power Europe’s Digital Investment Infrastructure
FinTech

Upvest Secures $125M to Power Europe’s Digital Investment Infrastructure

Berlin-based investment infrastructure provider Upvest has secured $125 million in a new funding round, valuing the company at approximately €640 million, signaling growing investor interest in modernizing digital investment infrastructure [...]

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Qualiphi Acquires Career Club in Six-Figure Deal to Expand AI-Powered Career Services
Investment

Qualiphi Acquires Career Club in Six-Figure Deal to Expand AI-Powered Career Services

Qualiphi, a leading AI-powered Career Services Management (CSM) platform, has announced the acquisition of Career Club, previously owned by iCareer, in a six-figure deal completed in the second half of [...]

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Kudwa Raises $1.1M to Build the AI-Powered Financial Brain for Modern Businesses
AI & Machine Learning

Kudwa Raises $1.1M to Build the AI-Powered Financial Brain for Modern Businesses

UAE-based AI financial intelligence platform Kudwa has announced the successful closure of a $1.1 million funding round led by 1818 Venture Capital and F6 Ventures, with participation from Sparked Ventures, [...]

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