Author: Mahdeehassan
Football Legend Andrés Iniesta Becomes First Owner and Co-Creation Officer DUBAI, United Arab Emirates (October 31, 2025) — Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“Faraday Future,” “FF,” or the “Company”), a California-based global intelligent mobility ecosystem company, today launched the FX Super One at the Burj Khalifa in Dubai. The vehicle, positioned as a First Class EAI-MPV, and announced that soccer legend Andrés Iniesta will become the first global owner of FX Super One and a Co-Creation Officer for the Company. The FX Super One AIHER (AI Hybrid Extended Range) Max edition is priced at 309,000 AED. FF is introducing…
Velents.ai, a rising startup specialising in enterprise AI solutions, has closed a $1.5 million funding round as it unveils Agent.sa, the first fully integrated Arabic-speaking AI employee designed for companies across the Middle East. The round attracted prominent angel investors, including senior executives from Google, BCG, and other global firms. Velents is already preparing for a new funding round, expected to close in early 2026. Founded by entrepreneurs Mohamed Gaber and Abdulaziz Almuhaydib, Velents is powered by a joint Egyptian-Saudi team. Originally focused on recruitment, the company relaunched in 2023 with a broader mission: to help organisations attract top talent…
HALA Eastern Capital (“HALA Capital”), a closed joint stock company headquartered in Al Khobar city, today announced its official launch as a Capital Market Authority (CMA)-licensed private capital firm under license number 25318-02, issued on August 7, 2025. Formerly known as HALA Ventures, the firm’s transformation into HALA Capital represents a significant milestone in its journey from a venture capital powerhouse into a comprehensive private capital platform, spanning Venture Capital, Private Equity, Private Credit, and paving the way for further alternative investments under a broader horizon of opportunities. HALA Capital is positioned to bridge the gap between early innovation and…
Expands global partnerships by signing MOUs with Middle Eastern partners and advancing customized digital identity solutions across government, finance, and education sectors Vision AI specialist METSAKUUR Inc. announced that it successfully showcased its advanced facial recognition AI technologies at GITEX Global 2025, held from October 13 to 17 at the Dubai World Trade Centre, attracting significant attention from global buyers and industry professionals. At the exhibition, METSAKUUR Inc. demonstrated a suite of AI-based security and authentication solutions, including its Internal System Access Control Solution, Mobile ID Solution, and Online Test Monitoring Service. Its anti-spoofing technology, 100% accuracy rate, and ultra-fast…
The cooperation with RAK Motors marks full market readiness for FX Super One’s entry into the UAE. Ras Al Khaimah, UAE (October , 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 a strategic cooperation with RAK Motors, a Ras Al Khaimah-based automotive dealer. Under this cooperation, RAK Motors is authorized to provide sales, delivery, and after-sales services for the FX Super One in the UAE region. RAK Motors, a long-established automotive distributor based in Ras Al Khaimah, has extensive experience in representing…
Press release: Cercli, the modern platform for enterprises to hire, manage, and pay their global workforce in the age of AI, has announced a $12 million Series A round led by Germany-headquartered Picus Capital. The round also saw participation from Knollwood Investment Advisory, existing investors Y Combinator, Afore Capital, and COTU Ventures, who doubled down on their conviction in Cercli’s momentum, as well as individual investors including Prabhakar Reddy from OpenFX, Jaime Arrieta from Buk, Marco Ogliengo and Francesco Scalambrino from Jet HR, Francesco Simoneschi from Truelayer, Mehdi Ghissassi from AI71. This investment marks the first in the Middle East &…
Dubai, UAE: du, the leading telecom and digital services provider, successfully concluded its participation at GITEX Global 2025, positioning itself as the UAE’s strategic sovereign AI partner under the theme “AI’s not just the future. With us, it shapes your next step.” The company’s showcase aligned with the UAE’s National Strategy for Artificial Intelligence 2031, spotlighting how AI can be made tangible, practical, and human-centric through integrated digital solutions. du also participated in the Dubai Digital Authority (DDA) stand as part of its commitment to supporting national digital transformation initiatives. As the only company in the region offering a complete AI-ready technology…
Dubai, UAE: AMIS Development today announced the launch of Derby Heights, a residential project located in District 11, Meydan, Dubai. The development is set for handover in Q4 2027. The project launch took place today at AMIS sales centre on Sheikh Zayed Road, Dubai. Derby Heights introduces a refined vision of elevated living through a spatial edit by Casamia a design narrative that brings together curated materials, tactile finishes, and refined aesthetics across the project’s shared and social spaces. The development reflects a commitment to thoughtful materiality and spatial harmony, creating an environment where design enhances everyday living. This project paves the…
Dubai, UAE – e& UAE, the flagship telecom arm of global technology group e&, in partnership with Khalifa University (KU) and Zayed University (ZU), today announced the signing of a strategic Memorandum of Understanding (MoU) to establish the UAE 6G Innovation Hub and the country’s first National 5G/6G Federated Testbeds. 5G/6G testbeds are secure ‘sandbox’ environments on the network where universities, startups and vendors can trial new technologies, software and applications before commercial rollout. The agreement was formalised during GITEX, underscoring the UAE’s commitment to pioneering next-generation technologies and contributing to global 6G standardisation. The UAE 6G Innovation Hub will serve as a collaborative platform for universities, industry…
Muscat, Oman: BlueFive Capital, a global investment solutions platform, has announced the launch of its legal entity in the Sultanate of Oman, BlueFive Capital Majan SPC, reinforcing the firm’s long-term commitment to the country and its growing role within the Gulf Cooperation Council (GCC). This development lays the foundation for the opening of BlueFive’s Muscat office and underscores the firm’s dedication to supporting Oman’s economic diversification and capital markets development agenda. Oman’s sovereign investment funds are among the founding shareholders of BlueFive Capital. Ashish Mehta, Director at BlueFive Capital, will head the firm’s new Muscat office. A seasoned investment professional with…