Author: Mahdeehassan

Press release: DisrupTech Ventures, a leading early-stage fintech venture capital fund, announces its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s retail sector into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside of Egypt, underscoring the fund’s growing commitment to supporting fintech innovation across the continent. Founded in 2020 by Ismael Belkhayat and Sophia Alj, Chari has built a licensed fintech platform that turns thousands of neighbourhood shops into access points for digital payments and financial services. By leveraging its payment institution licence from the Central Bank of…

Mr. Hussein Salah: DIG has been making strong strides in the Egyptian market since its inception, based on its financial standing and the expertise of its board of directors Mr. Hani Helmy: DEFAF project is a fully integrated residential development includes a commercial component Mr. Mohamed Fawzy: We have six projects in the New Administrative Capital Downtown, with construction rates reaching 40%. We have also delivered projects in West Cairo Eng. Hani Farrag: DIG, Westway, Deyaar Harva and Meamar Al farouk alliance has successfully launched 25 projects, including seven in the New Administrative Capital and 18 in West Cairo Dr.…

Abu Dhabi, UAE – PureHealth, the largest healthcare group in the Middle East, has announced a strategic partnership with Dorchester Collection Academy, the learning and development arm of the world-renowned luxury hotel group, to redefine patient experience by integrating world-class healthcare and luxury hospitality standards. As a regional first, this collaboration positions the UAE as a global pioneer in human centred healthcare innovation. The partnership will introduce the ‘PureHealth Signature Patient Experience’framework, combining clinical excellence with world-class standards across every patient touchpoint.Leveraging Dorchester Collection Academy’s expertise in delivering luxury experiences and its acclaimed training programmes, PureHealth will empower its teams to…

AlUla, Saudi Arabia: AlUla Development Company (UDC), a Public Investment Fund (PIF) company, today announced the awarding of the contract for Diyar AlMahash project to Rezaik Abdullah Al Gedrawy Company, which will oversee the final design and construction. This marks a crucial step in UDC’s commitment to developing world-class residential infrastructure that supports the growth of AlUla’s hospitality sector. Diyar AlMahash is a vital project for the region’s development, designed to provide high-quality, sustainable living spaces for more than 1,000 hotel employees. Comprising of 568 residential units, including rooms, studios, one-bedroom, and two-bedroom apartments, the complex will develop a vibrant and supportive…

Riyadh, Saudi Arabia,The Capital Market Authority (CMA) of Saudi Arabia has issued the Guidelines for Issuing Green, Social, Sustainability, and Sustainability-Linked Debt Instruments, marking a strategic milestone in the Kingdom’s journey to build a diversified and globally integrated capital market under Vision 2030. Effective from May 27, 2025, the Guidelines provide issuers with a framework aligned with international standards. This initiative is part of CMA’s 2024–2026 Strategic Plan and reflects the Kingdom’s ongoing commitment to advancing ESG-aligned capital formation, enhancing transparency, and expanding financing channels across the public and private sectors. Abdullah Al-Moqbel, Director of the Sustainability Department at the…

Dubai, Turkish Airlines, the airline that flies to more countries than any other in the world relaunched its flights between Istanbul and Sulaymaniyah which were stopped on April 2023. Already possessing a strong network in the country with flights to Baghdad, Basra, Erbil, Kirkuk, and Najaf, flag carrier once again connects Iraq to the world with a total of six gateways. Starting on 2 November 2025, flights between İstanbul Airport and Sulaymaniyah International Airport are going to be operated with four weekly frequencies reciprocally on Mondays, Thursdays, Fridays and Sundays. On 2026 Summer Schedule, flights are set to be increased to…

Doha, Qatar: Qatar Research, Development, and Innovation (QRDI) Council in partnership with Qatar Development Bank (QDB) and Innovation Streams, successfully concluded the 10th edition of its SME Program, reaffirming its commitment to supporting Qatar’s innovation ecosystem and accelerating the growth of local enterprises. Held over five days, the intensive bootcamp brought together entrepreneurs, startups, and innovators from across Qatar to strengthen their product development capabilities and enhance market readiness. Participants engaged in interactive sessions, hands-on exercises, and expert-led workshops designed to guide them through every stage of the innovation journey, from concept discovery to market launch. The program introduced participants to…

Faraday X Secures Over 200 FX Super One Preorders Within 48 Hours of Middle East Launch DUBAI, United Arab Emirates – (November 03, 2025) — Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced better than expected preorder results following the Middle East final launch of its FX Super One. Within 48 hours of the launch event, the Company received three non-binding non-refundable paid preorders covering over 200 units from B2B partners, underscoring strong market confidence from strategic collaborators. One user successfully completed a vehicle…

Press release: Saudi-based logistics technology company Logexa has successfully concluded a $2 million pre-Series A funding round, led by SEEDRA Ventures and including investments from Nour Nouf Ventures and several angel investors. Logexa operates in the shared warehousing and transportation sector, focusing on optimising underutilised storage and transport capacity across multiple Saudi cities. With the new financing, the company plans to expand its operations, enhance its platform, and build a comprehensive digital ecosystem and marketplace for logistics and storage services. Founded in 2021 by Hussam Sindi and Hussam Spano, Logexa is reshaping the future of logistics by enabling smarter, more…

Press release: rmz.ai, a Saudi platform specialising in generative artificial intelligence, has announced the closing of its $100,000 pre-seed funding round, led by Beyond.xyz, a leading Saudi virtual production studio. The investment aims to support the development of what the company calls “Creative ”Agents”—intelligent AI assistants designed to simplify complex tasks in content creation and enhance creative quality and efficiency. rmz.ai has launched its first Creative Agent, “Product Photographer”, an AI model that instantly transforms traditional product images into professional, marketing-ready visuals. The tool enables creators to combine the stages of preparation, design, and review within a single workflow, significantly…