The centres will initially operate at 100 megawatts each, with plans to scale up as part of Humain’s wider target of reaching 1.9 gigawatts of AI infrastructure by 2030.
The bank will consolidate existing funding programs and introduce new mechanisms to expand access to credit, particularly for businesses that lack sufficient collateral.
The funding will allow the company to scale operations across the UAE and Saudi Arabia, serve thousands of SME partners, and contribute to regional food security.
Zetta Technologies, a Saudi Device-as-a-Service (DaaS) company, has raised $12 million in Series A funding led by Core Vision and National Dimensions to strengthen its market presence.
Riyadh climbed 60 places to reach 23rd globally in Startup Genome’s Global Startup Ecosystem Report 2025, a leap fuelled by over $2.6 billion in venture capital and government-driven innovation.
Holo, a UAE-based digital mortgage platform, raised $22 million in a Series A led by Impact46, with support from Mubadala and others to accelerate its GCC expansion.
Impact46 has invested SR 200 million in Dammam-based game studio Kammelna, backing the developers behind Baloot in its largest-ever gaming investment.
Coinciding with the rollout, the government also introduced the Mujeedah Companies initiative, which recognises high-performing Omani firms.
Japanese VCs Uncovered Fund and Monex Ventures have launched a $20 million early-stage fund to support regional startups, focusing on fintech, mobility, distribution and sustainability.
What if buying a home in Egypt was as easy, transparent, and seamless as ordering something online? Nawy's Abdel-Azim Osman thinks it should be.
Anchored at The GrEEK Campus and MQR hubs in Downtown, 6th of October, Maadi, and New Cairo, WRK+ is more than real estate — it’s an engineered ecosystem where startups, corporates, and creatives coll
The inaugural ‘AI Everything Middle East & Africa’ summit will take place in Cairo from February 10th to the 12th, 2026, gathering AI experts, investors and policymakers from over 60 countries.
The headquarters will be located at the Al Majdoul Tower, a growing hub for innovation and technology leadership in Saudi Arabia.
Presight’s inaugural AI-Startup Accelerator Bootcamp brings together 10 AI startups for a three-day Abu Dhabi programme offering support and routes to pilot solutions at GITEX Expand North Star 2025.
This move follows Jahez’s recent $245 million acquisition of a 76.56% stake in Qatar’s delivery platform Snoonu,
With this investment, the company is expected to scale operations, onboard more hosts, and enhance its digital infrastructure.
