UAE
Fintech
+3
Apr 8, 2026
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4 min read
Nubank to establish headquarters at ADGM as Latin America's largest digital bank eyes MENA expansion
The ADGM base will be set up in collaboration with leading Abu Dhabi investment, economic and financial institutions, including integrated digital banking platform Wio Bank.
News
+2
Apr 6, 2026
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4 min read
Abu Dhabi's Lunate owns a stake in $90B venture firm Insight Partners, court filings reveal
Lunate, which manages over $115B, is controlled by companies associated with Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security advisor and brother to the president. Lunate is also a limited partner in multiple Insight funds.
Funding
+3
Apr 2, 2026
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5 min read
Abu Dhabi's MGX co-leads as OpenAI closes $122B round at $852B valuation
The co-lead position represents a deepening of a relationship that began in October 2024, when MGX participated in OpenAI's $6.6 billion Series E.
SWFs
+4
Mar 26, 2026
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5 min read
Jeff Bezos pitches Gulf sovereign wealth funds on $100B manufacturing automation fund
If it closes at that scale, the fund would rival SoftBank's $100 billion Vision Fund as the largest private investment vehicle ever assembled, and like the Vision Fund before it, its viability would depend heavily on Gulf sovereign capital.
Foodtech
+4
Mar 23, 2026
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5 min read
Travis Kalanick folds CloudKitchens into new robotics company Atoms, raising questions over shelved Middle East IPO
The announcement ends eight years of stealth during which thousands of Atoms employees were reportedly not permitted to publicly name their employer.
Analysis
+3
Mar 18, 2026
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22 min read
AI is eating legal work, so why aren't MENA startups queuing up?
Harvey is worth $8 billion, and Anthropic just sent LexisNexis to its worst day since 1988. Legal AI is the hottest vertical in tech, and the GCC is almost entirely absent from it. We spoke to the founders of the region's only funded legal AI startup to understand the structural reasons why, what they're building in response, and whether there's a path through.
Fintech
+3
Mar 16, 2026
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5 min read
Exclusive: Kudwa closes $1.1M for AI-powered finance platform with backing from MENA, US and UK investors
The round, backed by 1818 Venture Capital, F6 Ventures, and Sparked VC, will fund product development and multi-geography GTM expansion.
News
+3
Mar 12, 2026
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3 min read
Shorooq joins $1B seed round in Yann LeCun's AMI Labs, one of the largest AI seed financings ever, at a $3.5B pre-money valuation
The Abu Dhabi-based firm invested alongside Bezos Expeditions, Temasek, and NVIDIA, in the Paris-headquartered startup, which is building "world model" AI systems designed to reason about physical environments rather than just predict text.
Analysis
+2
Mar 4, 2026
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11 min read
How GCC Founders and Investors Are Navigating The Strikes
On missiles, fintechs going dark, and the strange normalcy in between.
Fintech
+2
Mar 2, 2026
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4 min read
AWS data centre in the UAE struck by "objects," taking fintech startups offline as Iranian missiles hit the Gulf
Unidentified objects struck an Amazon Web Services facility in the UAE on Sunday, triggering a fire and a cascading outage across at least 38 cloud services. Sarwa, Stake, Liv by Emirates NBD, and ADCB all reported disruptions.
News
+2
Feb 27, 2026
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4 min read
G42 opens job applications for AI agents, joining a global race to put bots on the org chart
The Abu Dhabi technology group, which last year led a $55 million round in Applied AI and is building chip safeguards to satisfy Washington, has begun recruiting AI agents into structured enterprise roles.
News
+2
Feb 27, 2026
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8 min read
Peak XV raises $1.3B amid partner exodus while quietly deepening its MENA portfolio
The firm formerly known as Sequoia India closed its first independent fundraise after three senior partners departed over a profit-sharing dispute on a 52x return. Meanwhile, GV Ravishankar has been quietly building from Dubai, sitting on the boards of Tabby, Huspy, and Lean Technologies, and leading four MENA deals in the past year.
News
+3
Feb 24, 2026
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5 min read
Presight-Shorooq Fund reveals first five investments from $100M AI fund, backing startups from Abu Dhabi to San Francisco
The fund, a partnership between G42's Presight and Abu Dhabi VC Shorooq, has invested in NodeShift, Candid, Hebbia, Blue, and Crunched after screening over 1,000 companies in its first 120 days.
Startups
+3
Feb 20, 2026
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2 min read
Abu Dhabi's Origen raises $50M from Bluefive Capital to deploy AI across government services, smart homes, and manufacturing
Founded in 2025, Origen is the second major investment from former Investcorp executive Hazem Ben-Gacem's Bluefive Capital, which led Mal's record $230 million MENA seed round in January.
Startups
+3
Feb 14, 2026
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3 min read
Dubai's AlgoDriven acquired by Emergence in all-cash deal after scaling revenue 5x since Series A
Founded in 2017 by Glenn Harwood and Jaron Crossland, the automotive AI and data platform counts Oman Technology Fund, Global Ventures, 500 Global, Automotive Ventures, and Oraseya Capital among exiting investors.
News
+3
Feb 13, 2026
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3 min read
Anthropic raises $30B Series G at $380B valuation, with Abu Dhabi's MGX co-leading and Qatar's QIA participating
Abu Dhabi's MGX, absent from Anthropic's $13 billion Series F last year, enters as a co-lead. QIA, which backed the Series F, returns as a participating investor.
Startups
+3
Feb 12, 2026
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2 min read
UAE legaltech startup Clara acquired by Singapore’s Ascentium
Founded in 2018, Clara raised approximately $5.6 million across multiple rounds from investors including Techstars, 500 Global, Wamda Capital, and Shorooq.
Analysis
+2
Feb 11, 2026
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20 min read
Robotaxis, Chinese Competition, and What Happens To The Gulf's Drivers
What it actually costs to run an AV, how Cruise's collapse handed the UAE to Beijing, and how all of this might affect Careem, Uber, Yango and Bolt.
Startups
+4
Feb 4, 2026
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3 min read
Qureos raises $5m seed round to cut hiring timelines from months to days
The round was led by Prosus Ventures and Salica Oryx Fund, with participation from Oraseya Capital, Plus VC, F6 Ventures, BDev Ventures, Sunny Side Venture Partners, and existing investors COTU Ventures and Globivest.
