Author: Mahdeehassan
Majra – National CSR Fund launched the premier edition of its ‘Sustainable Impact Challenge’ in the UAE during ‘Investopia 2025’. The trailblazing initiative was launched under the patronage of H.E. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of Majra’s Board of Trustees, in the presence of H.E. Abdullah Al Saleh, Undersecretary of the Ministry of Economy and Vice Chairman of the Board of Trustees of Majra, alongside Sarah Shaw, Executive Director of Majra. The initiative aims to showcase and honour impactful corporate social responsibility (CSR) initiatives, reaffirming Majra’s unwavering commitment to driving sustainable national development in key…
Renowned for its authentic Greek hospitality and laid-back vibes, OIA in JA Ocean View Hotel brings a taste of the Aegean to the heart of Dubai. Every weekend, this stunning poolside venue comes to life with the lively Saturday Santorini Brunch, inviting guests to indulge in a lavish sharing-style menu, endless sunset sips, and plenty of live entertainment. Adding to the brunch’s allure, all guests who attend this truly Greek celebration before the end of April will be in with the chance to win a dream getaway for two to the breathtaking Andronis Hotel in Oia, Santorini. Situated along the vibrant…
Today, CNTXT AI launches TestAI, the GCC’s first AI validation platform, ensuring AI-powered voice interactions are accurate, functional and deployment-ready . AI-powered agents are transforming industries, automating customer interactions, streamlining operations and enhancing efficiency. However, many are deployed without proper validation, leading to errors and loss of trust. With the voice AI agent market set to grow from $11.2 billion in 2025 to $45 billion by 2032, organizations cannot afford to deploy AI without being fully prepared and user-ready. “AI models are being deployed without standardized oversight. Without rigorous testing, businesses expose themselves to financial and reputational risks” said Mohammad…
Tabby, the MENA’s leading financial services and shopping app, has raised $160 million in a Series E financing round at a $3.3 billion valuation, cementing Tabby as the most valuable fintech company in the region. The round was led by existing investors Blue Pool Capital and Hassana Investment Company and drew additional participation from STV and Wellington Management. Since the last funding round in October 2023, the financial services app has almost doubled its annualised transaction volumes to over $10 billion while growing profitability. The company recently acquired Tweeq, a Saudi-based digital wallet, expanding its product portfolio. It has introduced…
GO Sport Opens its First Store in Ramallah, Palestine. GO Sport is thrilled to announce the opening of its first store in Palestine, located in Ramallah — marking a significant step in the brand’s expansion across the Middle East. Globally recognized for their high-performance, multi-branded sporting goods, this store not only reinforces GO Sport’s commitment to delivering high-quality sports and lifestyle products but also represents a meaningful investment in the Palestinian market, fostering local development and empowering the community. The new Ramallah store offers an exceptional selection of sportswear, footwear, and equipment, catering to fitness enthusiasts, outdoor adventurers, and team…
Dubai, UAE –– CNTXT and Oracle continue to advance their strategic collaboration, reinforcing their shared vision for AI innovation and enterprise transformation. Their collaboration, which was highlighted during Oracle Cloud World Tour, is focused on helping businesses and government entities accelerate AI adoption with secure, scalable solutions. During Oracle Cloud World, Mohammad Abu Sheikh, Founder and CEO of CNTXT, and Cherian Varghese, Senior Vice President of Cloud Infrastructure, AI for EMEA at Oracle, engaged in an in-depth discussion on AI readiness, data security, and the evolving AI landscape. Their conversation underscored the growing role of AI in enterprise operations and…
qeen.ai, a leading provider of agentic AI solutions for e-commerce, announces it has raised $10 million in funding—one of the largest seed investments in the MENA region to date. The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings. This brings qeen.ai’s total funding to $12 million. Using proprietary technology, qeen.ai develops AI agents that autonomously execute tasks and optimise their outcome based on observed user behavior. E-commerce businesses can seamlessly interact with qeen.ai’s domain-expert agents to carry out functions like content creation, marketing and conversational sales. This enables merchants…
Saudi-based AI startup vminds.ai has successfully closed a six-figure pre-seed investment round, strengthening its ability to enhance its platform. The startup also announced its official launch. The funding round was led by strategic angel investors from the various business sectors, who believed in vminds.ai’s vision and its future impact on the digital economy. vminds.ai is developed by VEEM Solutions, an award-winning Saudi parent company specialising in advanced technology solutions, AI tools, and modern innovations. VEEM Solutions aims to make AI tools accessible to everyone by developing cutting-edge digital solutions that integrate artificial intelligence with interactive technologies such as augmented reality…
Saudi Arabia’s MSME finance ecosystem at the heart of economic diversification and financial inclusion efforts Saudi Arabia, February 2025: The pivotal role of Saudi Arabia’s finance ecosystem for micro, small, and medium-sized enterprises (MSMEs) in advancing the Kingdom’s economic diversification and financial inclusion objectives is explored in a new report released by Oxford Business Group (OBG), in collaboration with the Kafalah programme. Titled, “MSME Empowerment in Saudi Arabia,” the report examines the country’s strategic efforts to drive the growth of MSMEs by improving access to finance and fostering entrepreneurship. It highlights how the Kingdom is leveraging tailored financial solutions to…
Abu Dhabi, February 4, 2025 – Smpl Fund I, a $10 million venture capital fund launched by Smpl Holdings, has announced a strategic investment of $250,000 in multiple AI and technology companies within the Qora71 portfolio. Smpl Fund I, which focuses on supporting AI and tech startups across the MENA region and beyond, provides seed capital alongside hands-on strategic support to accelerate the growth of innovative companies. Qora71, a venture investor syndicate and a member of the Hub71 Angel Program, offers accredited investors the opportunity to invest on a deal-by-deal basis, without minimum commitments or fees. The syndicate’s portfolio includes…