Author: Mahdeehassan

Expands global partnerships by signing MOUs with Middle Eastern partners and advancing customized digital identity solutions across government, finance, and education sectors Vision AI specialist METSAKUUR Inc. announced that it successfully showcased its advanced facial recognition AI technologies at GITEX Global 2025, held from October 13 to 17 at the Dubai World Trade Centre, attracting significant attention from global buyers and industry professionals. At the exhibition, METSAKUUR Inc. demonstrated a suite of AI-based security and authentication solutions, including its Internal System Access Control Solution, Mobile ID Solution, and Online Test Monitoring Service. Its anti-spoofing technology, 100% accuracy rate, and ultra-fast…

Wa’ed Ventures, the Saudi Aramco-backed $500 million venture capital fund, announces leading the $10 million Pre-Series A funding round in Kure Cells, a U.S.-based biotechnology company focused on next-generation cell therapies. The investment is aimed at accelerating the company’s development of its rapid-manufacturing platform for CAR-T therapies (an advanced form of cancer treatment that modifies a patient’s immune cells to recognize and destroy cancer cells) and other cell-based oncology therapies. The funding round also included the participation of Qomel, one of the fastest-growing healthcare companies in Saudi Arabia; NantBio, a US-based pharmaceutical company; along with US93. The global cell and gene…

UAE-based proptech Property Finder has invested in Stake, a UAE-based digital real estate investment platform, in an undisclosed deal value. Founded in 2021 by Manar Mahmassani, Rami Tabbara and Ricardo Brizido, Stake enables users to invest in fractional property ownership and private real estate funds starting from AED 500. The partnership underscores both companies’ shared values of trust, transparency, and innovation, and highlights Property Finder’s broader strategy to nurture MENA’s proptech ecosystem by backing startups that make property investment more accessible, efficient, and data-driven. Press release: Property Finder, the MENA region’s largest property platform, has announced its investment in Stake, reinforcing its commitment to…

The cooperation with RAK Motors marks full market readiness for FX Super One’s entry into the UAE. Ras Al Khaimah, UAE (October 24, 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced a strategic cooperation with RAK Motors, a Ras Al Khaimah-based automotive dealer. Under this cooperation, RAK Motors is authorized to provide sales, delivery, and after-sales services for the FX Super One in the UAE region. RAK Motors, a long-established automotive distributor based in Ras Al Khaimah, has extensive experience in representing…

UAE-based fintech Qashio, the UAE’s leading corporate spend management platform, announced the acquisition of Saudi Arabia’s Sanad Cash for an undisclosed value. The acquisition strengthens Qashio’s expansion into Saudi Arabia, aligning with its long-term commitment to regional fintech growth and the Kingdom’s Vision 2030 digital economy goals. The deal merges Qashio’s spend management technology with Sanad Cash’s local expertise, enabling Saudi enterprises to manage corporate expenses and cards via a fully localised, compliant platform. Press release: Qashio, the UAE’s leading corporate spend management platform, today announced its acquisition of Sanad Cash, one of Saudi Arabia’s first and most established expense…

Al Ansari Exchange LLC, the UAE’s leading remittance and foreign currency exchange service provider, and a subsidiary of Al Ansari Financial Services PJSC, has announced a strategic partnership with Emirates Petroleum Company PJSC “Emarat”, a pioneer in the UAE’s energy retail sector. The partnership aims to expand the range of services offered to customers and enhance integration between key sectors in the country, contributing to improved quality of life and the delivery of practical, innovative solutions. As part of this collaboration, the two entities have launched a campaign titled “One Year of Free Fuel,” offering one lucky winner free fuel…

Al Ansari Financial Services PJSC, a leading integrated financial services provider in the UAE, has signed a Memorandum of Understanding (MoU) with the Dubai Department of Finance (DOF) to accelerate the Dubai Cashless Strategy. This collaboration aligns with the Emirate of Dubai’s ambitious goal to become a fully digitally enabled city by 2026, increasing digital payment transactions in public and private sectors to 90% and enhancing financial inclusion across the population. The signing, which took place during GITEX Global 2025 within the Dubai Government Pavilion, is a significant development in Dubai’s fintech sector. It brings together the innovation and scale…

Dubai, UAE: du, the leading telecom and digital services provider, today announced a strategic partnership with Dubai SME, a government-backed SME enabler, to empower Emirati SMEs through an integrated ecosystem of mentorship programs, grants, joint initiatives, and cutting-edge digital solutions. The announcement was made at GITEX Global 2025, where du is showcasing under the theme “AI’s not just the future. With us, it shapes your next step”. From du’s comprehensive AI platform, several applications that address SME needs are showcased at GITEX Global 2025. Agentic AI chatbots enable small businesses to provide 24/7 customer service and automate routine inquiries without requiring dedicated staff,…

Dubai, UAE – At GITEX GLOBAL 2025, EDGE and the UAE Cybersecurity Council (CSC) signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity and information protection. The agreement was signed by His Excellency Dr. Mohamed Al Kuwaiti, Head of the UAE Cybersecurity Council and Hamad Al Marar, Managing Director and CEO, EDGE. The MoU reflects both entities’ shared commitment to strengthening the UAE’s cyber resilience and advancing national capabilities to detect, deter, and respond to cyber threats. It establishes a framework for collaboration in research and development, information exchange, incident response, and capacity-building across key sectors, in line with the…

Abu Dhabi, UAE: EDGE entity FADA, the UAE’s pioneering space company, has concluded a one-week Space Roadshow through six Emirati schools and universities, in partnership with the UAE Space Agency and Space42. The Space Roadshow highlighted national opportunities in the space sector and inspired the UAE’s next generation of innovators. FADA engaged with students from six institutions: the Higher Colleges of Technology (HCT) – Abu Dhabi Baniyas Campus, HCT – Fujairah Campus, Khalifa University, Abu Dhabi Polytechnic (ADPoly), Kings’ School Dubai, and the International School of Choueifat – Dubai. Under the theme “Living in Space,” FADA delivered workshops and interviews on Earth…