Abu Dhabi has partnered with OpenAI to convert government regulations into machine-readable formats, enabling AI systems to interpret rules and automate parts of public service delivery.
Saudi Aramco has acquired a 49% stake in Saudi Artificial Intelligence company HUMAIN, committing $2.6 billion in cash as the kingdom demands efforts to build a global AI infrastructure business.
Dubai-based BY Venture Partners has closed a $60 million third fund to back early-stage startups, with Artificial Intelligence businesses among its investment targets
Dubai Future Foundation has launched an AI Sandbox to help technology companies move artificial intelligence solutions beyond experimentation and into real-world deployment.
YouTube has officially announced the launch of its affiliate shopping program in the United Arab Emirates, The Kingdom of Saudi Arabia, and Egypt. This program will let creators in the region tag products directly in their content and earn commission on purchases.
UAE-based payments provider Telr has partnered with fintech company CreditPool to launch a multi-card payment service that lets online shoppers pay for a single purchase with multiple bank cards.
UAE-based fintech startup Ziina has secured new regulatory approvals from the Central Bank of the UAE (CBUAE), expanding its authorization to provide retail payment and international money transfer services.
Saudi Arabian payment technology company EdfaPay and Sudanese IT firm GoPravo launched SDPay, a joint venture focused on digital payments and financial services across Sudan.
The company secured the funding from strategic angel investors to help businesses understand how AI tools describe their products and whether their brands appear in shopping recommendations.
Vrtx has secured in-principle approval from the Saudi Central Bank for an Electronic Money Institution license, which brings the fintech closer to operating under the kingdom’s regulatory framework for digital financial services.
