Egypt-based co-living platform Roomz.rent has successfully raised an undisclosed pre-seed funding round from Qora71, a UAE-based investor syndicate, along with several regional angel investors. The capital will be utilized to enhance the startup’s shared rental offerings across the MENA region, with an initial focus on expanding its presence in Egypt. Founded in Cairo in 2024...
Altery MENA Limited, a subsidiary of the UK-based fintech Altery Limited, has obtained a regulatory license from the Dubai Financial Services Authority (DFSA). This development was announced in a press release, highlighting Altery’s commitment to expanding its financial services in the MENA region. The acquisition of this license aligns with Altery’s global strategy to establish...
First Abu Dhabi Bank (FAB) has made history by becoming the first bank in the MENA region to join the Cross-border Interbank Payment System (CIPS) as a Direct Participant. This system serves as the official cross-border payment infrastructure for the Renminbi (RMB), marking a significant step for the UAE’s global bank and one of the...
Gatsby Games FZCo, a video game development studio recognized for its innovative cross-platform intellectual properties and storytelling, has officially moved its global headquarters from Toronto to Dubai. This relocation signifies a significant step in the company’s expansion into the MENA region. According to GlobeNewswire News, CEO Joey Caturay and COO Corey Kovnats visited the new...
The global healthcare sector is experiencing a rapid transformation, driven by an urgent demand for scalable, technology-enabled solutions. The integration of technology across healthcare systems and services has shifted from being a long-term goal to an immediate priority, with digital health becoming essential for healthcare delivery. This momentum is particularly evident in the Middle East...
CPX Holding, a leading provider of advanced cyber and physical security solutions and services, has announced a strategic partnership with ISC2, the world’s foremost nonprofit organization dedicated to cybersecurity professionals. This collaboration aims to enhance cybersecurity skills and workforce development by providing professionals with access to industry-recognized certifications and training programs. In light of the...
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...
Meta, the global technology leader, has partnered with Startupbootcamp to launch a new edition of the Llama Design Drive program aimed at accelerating agentic AI startups in the Middle East and North Africa (MENA) region. This collaboration comes at a time when the enterprise agentic AI market in the MENA region generated $102.2 million in...
Ottu has announced a strategic partnership with HyperPay, a provider of digital payment solutions, through a Mutual Collaboration Agreement (MCA). This alliance signifies a major step in transforming the digital payments landscape across the Middle East and North Africa (MENA) region, combining the strengths of two leading fintech innovators to create a smarter, more secure,...
Seesaw, a leading global company focused on PreK-12 learning experiences, has announced its acquisition of Little Thinking Minds, an edtech startup based in the MENA region that specializes in Arabic literacy solutions. This strategic move is expected to enhance Seesaw’s presence in the MENA region, where it is already trusted by over 25 million educators,...