tarik-verticle

Tarik verticle

DHL plans to invest over €500 million in the Middle East by 2030. 
The investment focuses on markets like Saudi Arabia and the UAE to enhance regional logistics. 
DHL&#8217;s Strategy 2030 highlights sectors including e-commerce, energy, healthcare, and tech as growth areas. 
These plans aim to boost advanced infrastructure, transportation capacity, and digital services. 
DHL is prioritising sustainability with green transportation and solar-powered facilities.

Peaq and Pulsar Group are establishing the first-ever Machine Economy Free Zone in UAE. 
This initiative involves machines creating and distributing value within a controlled environment. 
Key concepts include Machine Tokenisation and Universal Basic Ownership driving financial inclusivity. 
The collaboration seeks to position UAE as a hub for blockchain and smart-city innovations. 
Events have showcased emerging technologies, attracting attention from regional leaders and global experts.

Royal Development Holding, part of Emirates Stallions Group, partners with SAAS Properties for Al Reem Island. 
The $435 million development joins Marriott&#8217;s Autograph Collection of stylish hotels and residences. 
Royal Development aims to showcase innovation and craftsmanship in luxury real estate projects. 
SAAS Properties focuses on enriching Abu Dhabi&#8217;s skyline with a signature luxury lifestyle approach. 
Emirates Stallions Group expands regionally, securing a 16-year usufruct rights deal in Saudi Arabia.

GEMS Education launched the Global Education AI Hub in Dubai for AI innovation in learning. 
The hub aims to create practical AI tools for personalised education and improved school management. 
It offers researchers and startups access to vast educational data for real-world AI testing. 
Ethical governance ensures AI developments prioritise student wellbeing and data privacy. 
The initiative invites global experts to reshape education with innovative AI solutions.

Khazna Data Centers partners with NVIDIA to build AI data centres in the MEA region. 
These centres will support NVIDIA&#8217;s Blackwell architecture, ensuring GPU-driven workload capabilities. 
The UAE plans to become a global AI hub, with a 5GW UAE-US AI campus. 
Khazna aims to expand data capacity in the Middle East, Europe, and Africa. 
This marks a significant move towards making cutting-edge AI capabilities standard globally.

Move the Needle Consultancy invests in UAE startup Best Kept Shared, enhancing luxury fashion rentals. 
BKS promotes renting designer clothing, positioning itself as the &#8220;Airbnb of fashion&#8221;. 
The partnership supports circular fashion, making luxury affordable and eco-friendly. 
BKS co-founder highlights rentals as a growing trend in brand discovery. 
Industry veteran Marie Gabriel&#8217;s backing aims to transform the Middle East fashion scene.

Overseas shopping VAT claims are becoming simpler thanks to French fintech, Inovat. 
Backed by Emirati firm AngelSpark, Inovat eases travel-related tax refunds with digital solutions. 
Tourists can conveniently manage VAT refunds via existing banking and travel apps. 
AngelSpark&#8217;s investment allows Inovat to expand globally and improve traveller experiences. 
Digital integrations mean fewer hassles for tourists, reclaiming taxes easily through familiar platforms.

Super Capital collaborates with Axel Peyriere to launch a Middle East and Africa investment club. 
The club will fund startups with rounds from €100,000 to €250,000. 
Sectors like healthtech, fintech, SaaS, and logistics are the main focus for investments. 
Super Capital aims to provide strategic support and connections to promising founders. 
Challenges remain due to currency volatility, regulatory uncertainty, and infrastructure issues.

The UAE&#8217;s Ministry of Industry and advanced Technology joins Noventiq and AWS for Industry 4,0 initiatives. 
AED 3 million will fund AI, machine learning, and IoT-powered digital services. 
This aims to transform 20 national factories into digitally-driven production hubs. 
The collaboration supports the UAE&#8217;s goal of climate-friendly manufacturing and improved efficiency. 
Facilities will demonstrate the benefits of smart technology, diversifying the economy and boosting competitiveness.

Rabbit set up a strong presence in Riyadh, covering half the city in six weeks. 
By 2026, Rabbit aims to cross 20 million item deliveries across major Saudi cities. 
Over 60% of their stock in Egypt is local, with plans to exceed this in Saudi Arabia. 
AI-driven strategies are customised for Saudi Arabia’s mobile-first populace of smartphone users. 
Saudi’s online grocery market, worth $448 million in 2024, may reach $2,35 billion by 2033.

Nova clinches $3,65 million funding led by CDP Venture Capital and BY Venture Partners. 
Founded in 2020, Nova uses AI to build a vetted professional community. 
The platform offers a selective recruitment process, freeing companies from irrelevant CVs. 
Funds will expand into European cities and enhance AI candidate-matching algorithms. 
Backing aligns with Doha Tech Angels&#8217; focus on innovative, tech-driven recruitment solutions.

Qanooni, a UAE-based legal tech startup, secured $2 million in pre-seed funding. 
Investors include Village Global, Oryx Fund, TA Ventures, and several angel investors. 
Qanooni offers an AI-driven solution for legal professionals to manage paperwork efficiently. 
Founders plan to enhance their AI tools with this new investment capital. 
Securing significant pre-seed funding highlights investor interest in the region&#8217;s tech sector.

CorroHealth will invest in UAE&#8217;s SANTECHTURE to boost smart revenue cycle management solutions. 
The collaboration enhances their AI tech with SANTECHTURE&#8217;s revenue management across GCC markets. 
SANTECHTURE&#8217;s innovative approach, backed by Gulf Capital, gains popularity in the Middle East. 
CorroHealth&#8217;s global reputation bolsters this promising partnership with its health analytics expertise. 
Their combined strengths could transform the healthcare technology landscape in the region.

AiVANTA and Slangit Technologies are partnering to launch an AI-powered platform for Arabic markets. 
This venture combines AiVANTA’s personalised AI videos with Slangit&#8217;s interactive voice and chat capabilities. 
The platform aims to deliver localised customer engagement across websites, apps, and phone systems. 
Healthcare, banking, e-commerce, and telecom businesses will benefit by streamlining operations and enhancing support. 
The collaboration promises to redefine AI-driven multimedia communication in the Middle East.

A $5 billion investment aims to boost affordable, ethically financed housing in Oman and the Gulf. 
BCIB Holding acquired a 20% stake in Amwalus Finance, enhancing Shariah-compliant housing solutions. 
The funds, from Bastion Commonwealth Investment Bank, will support Islamic finance principles. 
BCIB&#8217;s strategic move supports its long-term plans for socio-economic progress through sustainable finance. 
This partnership enhances Amwalus Finance&#8217;s mission to increase access to quality housing in the GCC.

ROSHN Group signed a memorandum with the Singapore Cooperation Enterprise under the ROSHNEXT program. 
The agreement focuses on urban governance insights, urban planning, and commercial procurement frameworks. 
ROSHN representatives discussed urban design and training with Singaporean officials and companies. 
Singapore&#8217;s urban planning expertise will help ROSHN boost innovation in Saudi real estate practices. 
This partnership aims to advance Saudi Arabia towards a knowledge-based, innovation-focused economy.

Dubai&#8217;s real estate sector is bustling, with 95 new projects launched recently. 
In the first quarter, 9,300 units were completed, mostly apartments, highlighting Dubai&#8217;s high-rise trend. 
By year-end, 73,000 more units are expected, with nearly 300,000 by 2028. 
Challenges like construction delays and market changes could impact future housing supply. 
Dubai remains a dynamic property market, attracting both homebuyers and investors.

Specialized Medical Company plans to raise SAR 1,87 billion through its IPO, pricing shares at SAR 25. 
The IPO was oversubscribed by almost 65 times, signalling strong investor interest. 
SMC will float 75 million shares, representing a 30% stake, on the Saudi Exchange. 
The company operates two hospitals in Riyadh, with three more under development. 
Investors are advised to research carefully amidst the excitement around SMC&#8217;s market entry.

ADFD&#8217;s 2024 report outlines AED 216,5 billion in global development financing. 
Funding has bolstered renewable energy, infrastructure, and water security, enhancing quality of life. 
ADFD received the UN SIDS Partnerships Award for its renewable energy work in island nations. 
ADEX aided UAE businesses with AED 4 billion, reaching over 40 international markets. 
ADFD&#8217;s investments promote economic growth and job creation across 22 countries.

Tunisian startup Thunder Code raised $9 million to enhance its AI platform and global reach. 
Led by Silicon Badia, participants include Janngo Capital and Titan Seed Fund. 
The funds will advance CI/CD integration and AI-driven test capabilities. 
Thunder Code&#8217;s platform enables non-technical users to create automated software tests easily. 
Co-founders Karim Jouini and Jihad Othmani also founded expense management firm Expensya.

eVoost has secured seed investment from Qora71 to support its global expansion plans. 
The AI-driven platform personalises homebuying, offering tailored experiences through real-time data analysis. 
Digital sales agents engage buyers 24/7, integrating seamlessly with CRM and payment systems. 
Operating on a no-win-no-fee model, eVoost reduces risks for property developers significantly. 
Launched in May 2024, eVoost already manages 197 property units across five projects.

Egypt&#8217;s Financial Regulatory Authority plans to stabilise the market with licensed investment funds. 
Nawy, SAFE, and Saqr are seeking FRA approval for their digital real estate platforms. 
The FRA&#8217;s framework aims to drive innovation while ensuring market stability in fintech. 
Investment funds offer a balance of diverse funding and rigorous governance. 
Formal regulation enhances market confidence, crucial for future growth in Egypt&#8217;s startup sector.

Dubai’s property market reached AED 54,4 billion in transactions in May, growing nearly 40%. 
Off-plan sales dominated, over 60%, due to flexible payments and community-oriented developments. 
Key neighbourhoods like Jumeirah Village Circle led with 1,800 transactions, averaging AED 1,07 million. 
Sub-4% fixed-rate mortgages and international interest enhance the market&#8217;s appeal. 
Population growth in Dubai fuels demand for rentals and home ownership, keeping the market stable.

Vodacom appoints Mohamed Abdallah as CEO, overseeing Vodafone Egypt and Vodacom International Markets. 
The move aligns with Vodacom&#8217;s Vision 2030, focusing on strategic growth and customer experience. 
Abdallah&#8217;s extensive experience in Vodafone Egypt strengthens his leadership across African markets. 
He replaces Diego Gutierrez, who led Vodacom&#8217;s International Markets for seven years. 
Abdallah reports directly to Shameel Joosub, Vodacom Group CEO, enhancing international operations.

Editorial Team

Editorial Team, Author at Arageek

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