Saudi startup Meda aims to simplify sourcing building materials with their innovative app. 
They recently secured seed funding from angel investors to support their vision. 
Meda&#8217;s platform allows easy browsing, price comparison, and order tracking of construction materials. 
The funding will help expand partnerships and operational capabilities in Saudi Arabia&#8217;s competitive market. 
Success will depend on how effectively Meda manages scaling their operations.

Dubai&#8217;s EHRDC and CDA signed an MoU to boost employment opportunities for Emiratis. 
The agreement focuses on personalized career guidance and training programs to energize Emiratisation. 
Local employment days will connect job seekers with employers directly in their communities. 
The collaboration aligns with Dubai&#8217;s long-term &#8220;Dubai Social Agenda 33&#8221; and &#8220;Dubai Economic Agenda D33&#8221;. 
Efforts include data-sharing and local events to ensure Emiratis are engaged and empowered.

Siraj Holding and AWR Lloyd have formed a new venture, AWR Lloyd Gulf Partners. 
This partnership aims to serve clients across the Middle East, Turkey, and Africa. 
AWR Lloyd is renowned for its achievements in energy, real estate, and technology consulting. 
Siraj Holding expands from financial services into strategic and Sharia-compliant consultancy. 
The Abu Dhabi headquarters strengthens their position in a growing regional business hub.

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.

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.

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.

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.

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.

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.

Dubai and Thailand trade ties grow, with Thai investments reaching $626 million in recent years. 
Opening of Dubai International Chamber&#8217;s office in Bangkok aims to boost UAE business presence in Asia. 
Non-oil trade between the two surged by 23%, highlighting Thailand&#8217;s significance for Dubai&#8217;s strategy. 
A delegation of Emirati companies visited Thailand, potentially enhancing commercial connections. 
Dubai Chambers plans to establish 50 overseas locations by 2030 to strengthen global business networks.

Ransomware attacks and data breaches are increasingly challenging businesses globally, according to Rubrik Zero Labs. 
Rubrik and Rackspace Technology have joined forces to create the Rackspace Cyber Recovery Service. 
This service aims to rapidly restore data and workloads after cyber attacks in the cloud. 
Using AI and zero-trust frameworks, the service offers swift, automated recovery and security solutions. 
Launching in April 2025, this solution is crucial for adapting to complex digital transformation risks.

Injaz Real Estate and Dubai Land Department simplify Ejari registration via WhatsApp. 
The AQARI platform upgrade supports Dubai&#8217;s move towards digital-first real estate solutions. 
Users can manage tenancy documents remotely, enhancing convenience for landlords and tenants. 
Security remains a priority with government-linked channels ensuring data protection. 
This initiative aligns with Dubai&#8217;s goal of maintaining its global real estate leadership.

Indian menswear brand Snitch raised $40 million in a Series B funding round. 
360 ONE Asset led the funding, attracting new investors alongside existing ones. 
The brand plans to expand retail stores from 55 to over 100 by 2025. 
Snitch aims for growth in India&#8217;s major cities and the wider Middle East. 
The company is diversifying product lines and exploring Quick Commerce for fast deliveries.

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