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Egyptian fintech Blnk has secured $37.1 million in a mixed funding round to scale its point-of-sale financing operations across the country. The round consists of $12.5 million in Series A equity and $24.6 million in local debt facilities, aimed at expanding access to consumer credit for a largely underserved population. Quick Facts Total Funding: $37.1 […] The post Egypt’s Blnk Raises $37 Million to Target Unbanked with AI-Powered Credit first appeared on MENA Startup Digest.
MENA startups raised a significant $454.7 million across 33 deals in May 2026, marking a 202% increase from the previous month. However, the headline figure is largely inflated by debt financing, which accounted for two-thirds of the total capital, revealing a more cautious investor sentiment than the numbers initially suggest. Quick Facts Total May funding: […] The post MENA Startup Funding Rebounds To $454.7M In May, Driven By A Surge In Debt first appeared on MENA Startup Digest.
Egyptian fintech MNT-Halan has reached a $1.4 billion valuation following the first closing of a new investment round led by Al Ahly Capital, the investment arm of the National Bank of Egypt (NBE). The deal marks a significant milestone, bringing one of the country’s largest traditional financial institutions into the unicorn’s shareholder base for the […] The post Egyptian Fintech Giant MNT-Halan Hits $1.4B Valuation in Al Ahly Capital-Led Round first appeared on MENA Startup Digest.
OpenAI, the $850 billion company behind the viral chatbot, is executing its most significant redesign of ChatGPT since its 2022 launch. The strategic pivot will shift the product’s focus from a consumer-facing conversational assistant to a powerful hub for coding tools and autonomous AI agents, signaling a clear push for higher-margin revenue streams ahead of […] The post OpenAI is Overhauling ChatGPT, Focusing on Enterprise and AI Agents Ahead of Potential IPO first appeared on MENA Startup Digest.
UAE-founded gifting platform Zuvees has secured $1.6 million from IvyCap Ventures as part of its ongoing Series A fundraising round. The fresh capital injection brings the company’s total funds raised to approximately $3.3 million and will be used to advance its AI technology, logistics infrastructure, and international expansion plans. Quick Facts Funding: $1.6 million from […] The post UAE’s Zuvees Banks $1.6 Million to Scale its AI-Powered Global Gifting Platform first appeared on MENA Startup Digest.
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Global EDM icon Tiësto will headline the third edition of INFINITY Lisbon, closing SBC Summit 2026 with a standout performance at…
HE Al Zeyoudi: ‘What this moment has done is accelerate the timelines of existing plans, and underscore the wisdom of building an open, diversified, and resilient trade architecture before it is needed.’ Prague, Czech Republic – 24th May, 2026: His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister for Foreign Trade, participated in ‘The Ripple Effect: How the Iran War is Shaping Global Economies and Politics’ panel at the GLOBSEC Forum 2026 in Prague, outlining the UAE;s response to the disruption of global trade routes and reaffirming the country;s position as a stable and resilient trade hub. Addressing senior polic
UAE national wins AED10 million prize at Dream Dubai;s grand draw at Global Village. Dubai, UAE, 25 May 2026 – Dream Dubai, in partnership with Global Village, has awarded its largest ever grand prize of AED10 million to Jamal Al Matrooshi, a 31-year-old UAE national and Civil Defense employee. Launched as part of Global Village;s 30th anniversary celebrations, the landmark campaign gave all Global Village visitors complimentary entries into the grand prize draw, culminating in one of the most significant prize moments ever awarded in the UAE. Jamal, who describes himself as a simple and humble individual, was at home following the l
UAE Team Emirates-XRG secure another stage win and a spell in the Maglia Ciclamino during an action-packed second week. Jonathan Narvaez takes his third stage win of the race as the Ecuadorian continues to animate the peloton. News | Team -25th May 2026 UAE Team Emirates-XRG head into the second rest day of the 2026 Giro d’Italia with plenty to reflect on after another week of animated, aggressive racing. A stage win, a spell in the points jersey, and strong performances across the board from a squad that continues to make its presence felt on the Italian roads. The week opened with a 42KM time trial, and the home crowd
New grey and red uniforms reflect a modern, confident and welcoming vision for passenger rail in the UAE Uniforms designed to embody professionalism, comfort and Emirati hospitality Reveal marks another milestone ahead of the introduction of passenger services Abu Dhabi, UAE – May 25, 2026: Etihad Rail has today unveiled the official uniforms that will be worn by its passenger-facing teams, offering the public a first look at one of the most visible symbols of the UAE’s national railway network ahead of the introduction of passenger services. The new uniforms, designed in a contemporary grey palette with distinctive red a
Abu Dhabi, 25 May 2026: Reinforcing its commitment to leading the national dialogue on inclusion and inclusive education, and to providing a platform that brings together decision-makers, experts, educational leaders, teachers, and partners, the Emirates College for Advanced Education (ECAE) has concluded the 12th Annual Autism Forum, held over two days, with wide participation from educators, families, and strategic partners. The forum coincided with Autism Awareness Month and was held in alignment with the principles of the UAE Year of the Family, with the aim of strengthening inclusive practices and reinforcing collaboration across the edu