OpenAI has introduced Inference Residency in the UAE, allowing eligible ChatGPT Enterprise, ChatGPT Edu, and API customers to process AI model inference on GPUs located within the country.
The move
Egyptian edtech company UMAMI E-Learning Solutions is investing more than $1 million in an AI-powered learning platform as demand grows for technology that connects education with workforce development.
SOOR, a Bahraini insurtech startup, has secured an undisclosed pre-Seed investment from Spring, a venture studio and ecosystem builder backed by Salica Investments and Bahrain’s Al Waha Fund of Funds.
African venture capital in Q2 2026 reflects divergence. Funding for African startups edged higher in the first half of 2026, reaching $1.44 billion compared with $1.42 billion a year earlier, according to TechCabal Insights.
Egyptian investment giant Beltone Holdings has completed the acquisition of Baobab Group, a Paris-headquartered fintech and microfinance provider, in a landmark deal valued at €197.6 million (approximately $235 million)
Qardy, the first digital lending marketplace in Egypt and the MENA region for financial institutions to fund MSMEs (Micro, Small, and Medium Enterprises), is proud to announce that it has
MNT-Halan Pak B.V., a Dutch-Egyptian financial market player, has received final approval from the Competition Commission of Pakistan (CCP) for its acquisition of Advans Pakistan Microfinance Bank Limited in
Capifly, a Jordan-based technology startup unlocking non-dilutive capital for growth startups empowering the digital economy, is excited to announce its successful $1 million pre-seed funding round. In addition to this
