DP WorldAcquisition
DP World Takes Over Six UK Grocery Logistics Sites From GXO
The Dubai ports and logistics group absorbs more than two million square feet of UK warehousing serving major grocers.
Latest news from the MENA ecosystem
Funding, launches and moves across the region's startups and investors — every story sourced and dated.
Latest news
CareemEditorial
Careem Super-App Revenue Rises 20% in H1 2026 as Losses Deepen and e& Books It as Discontinued
The Dubai everything-app grows revenue but sinks deeper into the red, and majority owner e& reclassifies it as a discontinued operation.
Merit IncentivesFunding
UAE Rewards Platform Merit Incentives Raises $28m Series B for Global Expansion
The Dubai loyalty and digital-gifting company raises fresh growth capital to widen its reach beyond the Gulf.
HUMAINPartnership
AMD, Cisco and HUMAIN Bring AMD Instinct AI Systems Live in Saudi Arabia
The three partners switch on AMD Instinct GPU infrastructure built on Cisco networking, with plans for up to 250 MW in a next phase from 2027.
BarqProduct launch
Saudi Fintech barq Taps Alipay+ to Launch Cross-Border QR Payments for 12 Million Users
The fast-growing Saudi app becomes the first Alipay+ partner in the Middle East to enable outbound cross-border QR payments.
Checkout.comPartnership
Checkout.com Partners Saudi Pharmacy Giant Nahdi to Power Digital Payments Across the GCC
The payments company will process online payments for Nahdi Medical, Saudi Arabia's largest retail pharmacy chain.
HalaPartnership
Saudi Fintech Hala Partners Visa to Issue Cards and Build Digital Payment Products
The SME-focused fintech will issue Visa cards to consumers and businesses and co-develop payment solutions in the Kingdom.
Valeo HealthPartnership
UAE's Valeo Health Becomes Mubadala Bio's Exclusive Online Channel for Wellness Products
The Abu Dhabi digital-health platform will distribute Mubadala Bio's longevity and wellness portfolio online across the UAE.
TeldaPartnership
Egypt's Telda Partners Mastercard to Merge Everyday Payments With Investment Access
The Cairo consumer-fintech and the card network unveil a single experience that links spending, saving and investing for Egyptian users.
زد (Zid)Acquisition
Saudi E-commerce Enabler Zid Acquires Egypt's Zammit in First North Africa Expansion
The Riyadh-based commerce platform buys Cairo's Zammit to plant its first flag in North Africa and open a path into the wider continent.
BarqPartnership
barq goes live with Thunes to power real-time cross-border remittances across Saudi Arabia
Saudi digital wallet barq went live with Singapore-based Thunes, enabling its customers to send real-time international remittances to mobile wallets and bank accounts worldwide.
PayTabsAcquisition
PayTabs Group acquires UAE's TAPn'GO to bring contactless checkout into its super app
PayTabs Group acquired 100% of UAE contactless payments firm TAPn'GO to integrate smartphone-based checkout, loyalty and bill-splitting into its super app. Terms were not disclosed.
Sukna VenturesFunding
Sukna Capital launches Saudi Arabia's first open-ended direct lending fund after CMA approval
Sukna Capital, parent of Sukna Ventures, secured CMA approval to launch the Sukna Fund for Direct Financing, described as Saudi Arabia's first open-ended direct lending fund for SMEs.
Rasmal VenturesPartnership
Rasmal Innovation Fund I named first recipient of QIA's $1bn fund-of-funds program
The Qatar Investment Authority named Rasmal Ventures' Innovation Fund I as the inaugural fund in its $1 billion fund-of-funds program, backing Qatar's first independent venture capital firm.
Aliph CapitalFunding
Aliph Capital closes Gulf's first woman-led PE fund at $200m, backed by ADQ, Jada and SVC
Abu Dhabi-based Aliph Capital, the first woman-founded private equity firm in the Gulf, closed its debut fund at $200 million.
Shorooq PartnersFunding
Shorooq Partners launches $200m QIA-backed late-stage growth fund to close Gulf pre-IPO gap
Abu Dhabi-based Shorooq Partners raised a $200 million late-stage growth fund under its new Qatalyst Series, drawing the Qatar Investment Authority as a first-time backer to finance companies on the path to public listings.
AlmatarPartnership
Riyadh Air Enters Strategic Partnership With Almatar to Integrate Modern Retailing
The new Saudi carrier Riyadh Air partnered with travel-tech firm Almatar to bring NDC-powered dynamic pricing, personalised offers and early inventory access to Almatar's platform.
NanaEditorial
Saudi Grocery Platform Nana Enters Court-Supervised Financial Reorganisation
Central Markets, the operator behind Saudi grocery-delivery app Nana, entered financial reorganisation proceedings before the Riyadh Commercial Court after raising more than $200 million across six rounds.
SyarahPartnership
Syarah Partners With Abhi to Offer Employees Earned Wage Access in Saudi Arabia
The online car marketplace teamed with fintech Abhi to give its employees real-time access to a portion of their earned salary before payday.
SpareFunding
Saudi Open-Banking Fintech Spare Raises $5M Pre-Series A Led by anb Seed Fund
Riyadh-based Spare closed a $5 million pre-Series A round led by anb Seed Fund to deepen bank integrations and expand its open-banking infrastructure across the GCC.
RasanExpansion
Rasan Wins SAMA Initial Approval to Establish Digital Finance Brokerage Next Fin Solutions
The Tadawul-listed insurtech received initial approval from the Saudi Central Bank to establish Next Fin Solutions, a wholly owned digital finance brokerage.
TruKKerFunding
TruKKer Secures Up to $300M Cross-Border Securitisation Facility from ADCB
The MENA digital freight network closed an inaugural trade receivables securitisation facility of up to $300 million arranged and funded by Abu Dhabi Commercial Bank, one of the GCC's first multi-jurisdictional asset-backed deals for a technology startup.
Partners for GrowthPartnership
Partners for Growth and Sukna Capital Launch $50m Venture-Debt Initiative for MENA Tech
Partners for Growth teamed with Saudi Arabia's Sukna Capital on a $50m lending initiative to provide non-dilutive growth capital to technology companies across the MENA region.
Dubai Future District FundExpansion
Dubai Future District Fund Expands Portfolio to 30 With Eight New Commitments
DFDF made eight new commitments across venture funds and high-growth startups in 2025, taking its portfolio to 30 investments with a sharpened focus on proptech and artificial intelligence.