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.

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.

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.

Mamo, a UAE fintech startup, surpassed AED 1,2 billion in total transactions. 
The company offers simplified financial solutions specifically for SMEs, building trust in the community. 
Mamo plans to launch a credit card for SMEs to provide flexible credit and spend insights. 
Their digital-first, agile approach meets the modern needs of businesses, contrasting traditional payment systems. 
Licensed by DFSA in 2022, Mamo illustrates the region&#8217;s rapidly evolving entrepreneurial landscape.

Islamweb has partnered with Google Cloud to enhance its digital services in the MENA region. 
The website&#8217;s operations moved to Google Cloud using Apigee API Management to simplify processes. 
Done by ABC, the migration improves site reliability, security, and growth potential. 
Google Cloud aims to expand its digital infrastructure, reflecting rising demand for AI solutions. 
Islamweb&#8217;s transformation is critical for its ongoing role as a source of Islamic knowledge.

Snapchat is gaining substantial ground in the GCC, delivering notable returns on investment. 
Recent analysis shows Snapchat outperforms traditional channels, especially with Gen Z and millennials. 
Snapchat drives 3,2% of total brand sales, with strong media-driven sales performance. 
Brands should strategically allocate budgets, focusing 60% on Snap Ads, 40% on Story Ads. 
Industry-specific results reveal Snapchat&#8217;s potential in streaming and financial services sectors.

Endeavor launches the UAE&#8217;s inaugural Unicorn Builder programme to support promising local startups. 
The programme partners with Dubai’s Department of Economy and Tourism and Dubai Chamber of Digital Economy. 
Ten startups, collectively raising over $100 million, join the first cohort after thorough selection. 
Women co-founders lead three of these businesses, highlighting growing diversity in the UAE. 
Personalised mentoring, workshops, and strategic support aim to transform startups into global giants.

Valu is listing on the Egyptian Exchange through an in-kind dividend distribution. 
EFG Holding shareholders will receive Valu shares proportional to their holdings. 
Valu has grown significantly, with over 9 million transactions and substantial revenue. 
Innovative offerings like a Visa-backed prepaid card drive approximately a third of transactions. 
Valu is expanding beyond Egypt, with new ventures and strategic financial partnerships.

COREangels MEA has launched a $10 million fund for tech startups in the Middle East and Africa. 
The focus is on companies aligning with sustainable development goals, offering $150,000 investments each. 
Startups gain access to consulting and technical support, helping them expand into new markets sustainably. 
PTS Holdings, known for ecosystem building, steers this initiative with strategic advice and investor backing. 
The fund will target fintech innovations such as embedded finance and digital payments.

Saudi Arabia has launched CodeAI to boost AI startups via the Digital Entrepreneurship Centre. 
Twenty AI companies are joining the initiative to transform ideas into tech solutions. 
Participants receive extensive support, including mentoring, strategic partnerships, and financial backing. 
The programme aligns with Saudi Arabia&#8217;s ambition to be a regional innovation hub. 
Collaborators include SDAIA, SKAI, SambaNova, and BIM Ventures, boosting local AI innovation efforts.

RIIG has rebranded to HOOTL, focusing on AI-driven automation in healthcare and insurance sectors. 
HOOTL aims to streamline insurance processes using AI for document verification and claims settlement. 
Their new base in the UAE leverages the country&#8217;s digital innovation and growth potential. 
They plan to strengthen ties with both public and private sectors, including regional universities. 
Previously focused on cybersecurity, they&#8217;re now expanding into broad AI applications.

Oman&#8217;s Idhka Group invested in Lumotive to boost semiconductor innovation and knowledge transfer. 
This is Idhka&#8217;s second investment, aligning with Oman&#8217;s Vision 2040 for advanced technology. 
The goal is establishing a hub of Omani talent, impacting regional and global markets. 
Lumotive aims to expand regionally, focusing on research and advanced technical design. 
The partnership supports Oman&#8217;s digital transformation and sustainable future goals.

WakeCap, a Saudi wearable tech company, secures $28 million for construction innovation. 
This investment will expand their tech services both locally and internationally. 
Their IoT devices enhance safety and efficiency on construction sites. 
Saudi Arabia&#8217;s startup ecosystem is thriving, with a strong venture capital market. 
WakeCap aims to advance data analytics and digital system integration in construction.

Qlik has concluded a major funding round led by Abu Dhabi Investment Authority&#8217;s subsidiary. 
This investment will fuel Qlik&#8217;s expansion in the fast-growing enterprise AI market. 
Qlik recently acquired Upsolver, enhancing its AI-driven solutions like conversational analytics. 
The company seeks to meet rising demand for scalable and accountable artificial intelligence services. 
Backed by big investors, Qlik is poised for a promising future in technology.

Saudi Arabia&#8217;s PIF has launched Humain, a company dedicated to advancing artificial intelligence. 
Humain aims to develop sophisticated AI models, including leading Arabic language models. 
The company will focus on industries like energy, healthcare, and financial services for AI integration. 
It plans to nurture local talent, aligning with Saudi ambitions for AI expertise and investment. 
Humain&#8217;s strategic location leverages Saudi Arabia&#8217;s geography and economic growth for digital innovation.

ByteEdge secures $1,5 million in funding, led by Japanese firm TRTL Ventures. 
Funds will support product development and extensive scaling across India and beyond. 
Company targets Middle East and US for expansion, citing lack of local video content. 
Their AI-based SaaS transforms text-heavy documents into smartphone-friendly videos. 
ByteEdge plans to raise an additional $3 million to accelerate expansion efforts.

Spotify Premium is now embedded in EA SPORTS FC 25, so players can stream their own music during matches.
A slim banner links EA and Spotify accounts in one click, making music a core layer alongside tactics and competition.
The pilot is limited to Premium users in Saudi Arabia and Australia on PS5 and Xbox Series X|S.
Aligns with Saudi Vision 2030: 67 % of residents game regularly, and the local industry could reach $13 billion by 2030.
Players gain access to 100 million songs and 7 million podcasts, with curated match-day playlists and talk shows.
Activation occurs via an in-game pop-up; FC 25 remains cross-platform, with the pitch doubling as a built-in DJ booth.

NEOM Investment Fund partners with U,S, firm MemryX for edge-AI technology development. 
Their collaboration focuses on MX3, an AI accelerator offering high performance and energy efficiency. 
MX3 is designed for complex edge applications, supporting NEOM’s vision of a connected future. 
The partnership highlights NEOM&#8217;s commitment to AI and sustainable tech advancements. 
Arageek readers and tech enthusiasts will keenly observe this influential partnership.

Endocare, a Dubai-based clinic, closed a new funding round to expand in the Middle East. 
They specialise in obesity management and metabolic health through personalised medical and lifestyle interventions. 
RbetaQ Holding, a German family office, led the investment to support innovative healthcare solutions. 
Dr Ashok Kaul joins the board, bringing expertise in data science and artificial intelligence. 
Endocare&#8217;s expansion aims to meet the rising demand for effective, personalised health strategies in Dubai.

Klivvr launched a &#8220;buy now, pay later&#8221; service, boosting Egypt&#8217;s digital finance landscape. 
This new feature aims at increasing financial inclusion amid rising living costs. 
CEO Nils Bachtler sees it as a milestone in transforming Egypt&#8217;s financial services. 
The service blends into Klivvr&#8217;s ecosystem, empowering users with simple, instant approvals. 
This innovation aligns with broader financial trends and could enhance user convenience.

Meta has launched the Meta AI app for Android and iOS in the MENA region. 
The app consolidates AI interactions, featuring a personal, intuitive and social experience. 
Users can manage devices and share AI prompts for creative interaction. 
Some features available in the US and Canada, like &#8216;full-duplex&#8217; speech, aren&#8217;t yet in MENA. 
The app offers cross-platform integration and customisation for a tailored AI experience.

Dataiku introduces AI Agents with Dataiku for streamlined creation and management of AI agents. 
Roughly 20% of customers use their platform to integrate Generative AI into workflows. 
The platform addresses challenges of chaotic AI setups, emphasising control and governance. 
It offers both no-code and full-code options, plus tools for ongoing monitoring and optimisation. 
The platform ensures seamless integration with existing data environments to enhance ROI.

Dreame Technology unveils advanced smart home products like the X50 UC and H15 Pro. 
The first flagship store opens at Dubai Hills Mall, boosting regional presence. 
Products offer features like autonomous floor cleaning, appealing to tech enthusiasts. 
Initial technical glitches marred the launch, but troubleshooting tips are available. 
Dreame&#8217;s investment in Dubai could significantly influence technological adoption in homes region-wide.

Ruya Bank introduces Shari’ah-compliant crypto investments, a first in Islamic banking.
Partnership with Fuze ensures secure, ethical access to digital assets.
Services integrated into Ruya’s mobile app for user convenience.
UAE&#8217;s virtual asset market saw a 42% growth, totaling over $30 billion by June 2024.
Focus on long-term wealth building aligns with Islamic financial principles.​

Dubai&#8217;s du partners with Microsoft to build a hyperscale data centre worth 2 billion dirhams. 
The project aligns with du&#8217;s vision of making the UAE a global digital hub. 
The centre will enhance data processing, storage, and cloud solutions in the region. 
Specific timeline and tech details are yet undisclosed, marking a major commitment to digital transformation.

Tech Stuff