Etisalat UAE has signed a new multi-year agreement with DataRobot to expand the deployment of artificial intelligence agents across its business operations.
Saudi Arabian automotive technology startup Autobia has raised $12 million in Series A funding to expand its digital autoparts marketplace, with Artal Capital leading the round.
UAE fintech platform Numou has partnered with Comera Financial Holding (CFH) to expand financing and digital payment options for small and medium-sized businesses across the country.
UAE-based Open Innovation AI has partnered with data infrastructure company NetApp to explore sovereign AI infrastructure for governments, enterprises, and neocloud providers.
Commercial International Bank (CIB) has committed up to EGP 2 billion ($42.5 million) to MNT-Halan as part of the fintech’s planned international share sale.
MENA’s startup funding market entered the second half of 2026 with a notable change in the composition of capital. Startups across the region raised $172.6 million across 45 deals in July, up 16% from June but still 78% below the amount raised in July 2025.
UAE-based payments company NEOPAY has agreed to acquire a 65% controlling stake in Noon payments, expanding its footprint across key Middle East and North African markets.
erad, a Saudi-based fintech providing alternative financing for SMEs, announced it raised $22 million in its Series A round. This comes on the back of deploying over $133 million and receiving more than $1bn in financing requests.
Saudi Arabia-based climate-tech startup Remedium has raised $1.5 million in a pre-seed funding round to expand its sustainability accounting platform and develop new tools for businesses.
Jordanian edtech company Abwaab has acquired Egyptian education technology startup Eduact for an undisclosed amount, adding software for independent teachers and learning centers to its platform.
