Author: Mahdeehassan

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…

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…