Abu Dhabi, UAE: CPX Holding, a prominent provider of advanced cyber and physical security solutions, has announced its acquisition of spiderSilk, a leading cyber-AI product company known for its innovative AI technologies, including its flagship exposure management platform, Resonance. This strategic acquisition aims to strengthen the UAE’s cyber defense capabilities and expand its footprint in...
The MENA IPO market has made a strong start in 2025, with 14 initial public offerings (IPOs) raising a total of $2.4 billion in the first quarter. This marks an increase from 10 IPOs during the same period in 2024, with proceeds surging by 106 percent compared to the previous year. According to EY’s latest...
The startup ecosystem in the Middle East and North Africa (MENA) region experienced a significant increase in funding in April 2025, reaching a total of $228.4 million across 26 deals. This amount represents a 105 percent increase compared to the previous month and an almost 300 percent rise from the same period last year, according...
Expo City Dubai has launched a pilot program for a robot food delivery service in collaboration with the global tech company Yango Group. This futuristic service will be available for the next four months, allowing robots to independently plan their routes, navigate around obstacles, and yield to pedestrians. The robot delivery service will transport meals...
Qatar Airways is in the final stages of securing a deal to purchase approximately 100 widebody jets from Boeing, with an option to acquire additional aircraft. This information comes from a report by Bloomberg News, which cites sources familiar with the negotiations. The announcement regarding the deal is anticipated during U.S. President Donald Trump’s upcoming...
Dubai’s Jebel Ali Free Zone (Jafza), managed by DP World, has celebrated its 40th anniversary with significant achievements, reporting record-breaking trade volumes of $190 billion over the past year. This figure represents a 15 percent increase from the previous year and marks the highest contribution Jafza has made to Dubai’s economy, as announced by DP...
At the GISEC Global 2025 event, Microsoft underscored the critical importance of Agentic AI in the evolving landscape of cybersecurity. The company highlighted how this technology can significantly enhance security measures in various sectors, marking a pivotal shift in how organizations approach safeguarding their digital assets. Credit: ZAWYA Microsoft’s focus on Agentic AI aligns with...
Bokra Holding has announced a partnership with iSUPPLY to provide $3 million in Sharia-Compliant revenue-based financing aimed at enhancing healthcare distribution innovation. This initiative marks a significant step towards improving access to healthcare services in the region. Credit: ZAWYA The collaboration focuses on developing innovative distribution solutions that align with Sharia principles, thereby ensuring that...
Invictus Investment Company Plc (ADX: INVICTUS), a prominent agro-food enterprise in the Middle East and Africa, has published its second annual Environmental, Social and Governance (ESG) report for the year ending December 31, 2024. The report, prepared according to the Global Reporting Initiative (GRI) Sustainability Standard and aligned with the UN Sustainable Development Goals, details...
Saudi Arabia is actively seeking joint manufacturing opportunities with Airbus Helicopters as part of its initiative to localize advanced aviation technologies and enhance its domestic industry. This exploration was highlighted during the “Industrial Day” event at Airbus Helicopters’ headquarters in Marignane, France, which included the Kingdom’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, along...