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Cairo-based AI Startup Nanovate Raises $1 Million Pre-Seed Round to Advance Arabic AI Solutions

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Cairo-based AI Startup Nanovate Raises $1 Million Pre-Seed Round to Advance Arabic AI Solutions

bySafiya Kand1 others

October 18, 2025

News

Stay ahead of the curve with the latest business news and startup insights from the Gulf region. Explore the dynamic entrepreneurial ecosystem, emerging trends, and success stories shaping the Middle East's economic landscape.

Launch event of the AmadTech Accelerator by Alinma Bank and Falak Investment Hub, supporting Saudi fintech startups

Alinma Bank and Falak Launch ‘AmadTech’ to Boost Saudi Fintech Ecosystem

byTeam Rasmal

July 20, 2025

Alinma Bank, one of Saudi Arabia’s leading financial institutions, has partnered with Riyadh-based accelerator Falak Investment Hub to launch AmadTech,...

Executives from Snoonu and Jahez sign the acquisition agreement in Doha, marking a $320 million cross-border tech deal that establishes Qatar’s first billion-riyal startup exit.

Jahez Acquires Majority Stake in Snoonu for $320M, Marking Qatar’s First Billion-Riyal Tech Exit

byTeam Rasmal

July 9, 2025

Key Takeaways Saudi-based Jahez Group acquires a majority stake in Qatar’s Snoonu in a $320 million deal Valuation crosses QAR...

Doha skyline and traditional Qatari dhows in calm waters, framed by palm trees, symbolising Qatar’s stability, economic resilience, and strategic leadership in a volatile region.

Stability Over Spectacle: Qatar’s Playbook for Regional Flashpoints

byTeam Rasmaland1 others

June 24, 2025

As regional tensions briefly intensified on Monday evening, 23 June, following a missile strike by Iran targeting U.S. military installations...

Selected from over 850 applicants, the ninth cohort includes startups in fintech, AI, SaaS, and sustainability. Hosted by 500 Global and Sanabil Investments. Demo Day scheduled for July 2. - Rasmal

Sanabil Accelerator by 500 Global Announces Ninth Cohort Ahead of July Demo Day in Riyadh

byTeam Rasmal

June 20, 2025

Nine early-stage startups selected from over 850 applicants to pitch at exclusive Demo Day in Riyadh The Sanabil Accelerator, a...

Dubai-based Prop-AI secured $1.5 million from Plus VC, Oraseya Capital, and others to expand its AI-powered real estate platform across the MENA region. The startup plans to launch new tools for investors and professionals. - Rasmal

Prop-AI Raises $1.5 Million to Build AI Infrastructure for Smarter Real Estate Investing Across MENA

byTeam Rasmal

June 20, 2025

Backed by Plus VC, Oraseya Capital, and Plug & Play, Dubai-based startup eyes regional expansion and launch of Prop-AI Business...

UAE’s MBRIF Accelerator Cohort 9 Demo Day Highlights Startups Driving Innovation Across Strategic Sectors

byTeam Rasmal

June 20, 2025

Aura, Mantas, and Neuroblast recognised as top performers at MBRIF’s latest showcase of UAE-based and global innovators The Mohammed Bin...

Standard Chartered and Falak Investment Hub Launch Third ‘Women in Tech’ Cohort in Saudi Arabia

Standard Chartered and Falak Launch Third ‘Women in Tech’ Cohort in Saudi Arabia

byRasmal Press Roomand1 others

May 18, 2025

Applications now open for the 2025 accelerator empowering Saudi female tech founders Standard Chartered, in partnership with Falak Investment Hub,...

iMENA Secures $135 Million Pre-IPO Investment to Fuel Regional Digital Expansion

byRasmal Press Room

April 27, 2025

iMENA Group raised $135 million in pre-IPO funding from Sanabil Investments, FJ Labs, and prominent regional investors, signaling strong confidence...