UAE
News
+2
Oct 12, 2026
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1 min read
Phoenix Venture Partners completes debut fundraise, reports $23M across fund and co-investments
The Abu Dhabi manager has seven companies in its first fund and plans to build a portfolio of 15 to 20, with 45% of committed capital still available for investment.
News
+2
Oct 11, 2026
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1 min read
Dubai's Oraseya Capital doubles venture fund to $272M and broadens global mandate
The government-backed investor can now commit up to $6 million per company and will target overseas businesses of strategic relevance to the UAE, alongside its early-stage investments.
Startups
+5
Oct 9, 2026
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1 min read
Abu Dhabi’s Phoenix Venture Partners backs COFE Tech through secondary deal as it prepares for Saudi IPO
The purchase preceded COFE’s $43 million pre-IPO round, with PVP founder Steve Khayat joining the board.
Fintech
+3
Oct 5, 2026
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2 min read
UAE’s NEOPAY agrees to buy 65% of noon payments to expand into Saudi Arabia and Egypt
The deal would transfer control of noon’s payments arm to the Arcapita- and DgPays-backed buyer as the wider e-commerce group pursues its public-market ambitions.
Fintech
+4
Sep 30, 2026
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12 min read
Open finance, AI agents and the price of being chosen
The UAE’s open finance payment volumes have nearly quadrupled in three months, with Lean doing almost all the running. Now add AI agents to the mix, and there’s the small matter of who wins the customer, who moves the money, and who gets to take a cut.
Startups
+2
Sep 23, 2026
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2 min read
Huspy enters Italy with Integra Finance acquisition, plans $86M investment
The Dubai-founded proptech has acquired Italian credit intermediary Integra Finance as it commits $86 million to building out its mortgage and real estate business in the country.
Fintech
+4
Sep 17, 2026
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2 min read
OCTA raises $3.5M seed led by MEVP as it expands into AI agents for accounting firms
The round brings OCTA’s total funding to $5.6M, as the startup expands from receivables and payables into AI agents that handle bookkeeping, reconciliations and month-end close.
Fintech
+5
Sep 14, 2026
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2 min read
Tabby raises $233M Series F at $6.5B valuation as it pushes beyond BNPL
The round comes as new Saudi lending licences and a UAE wallet licence expand it into longer-term credit, SME finance and everyday money management.
News
+2
Sep 11, 2026
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2 min read
UAE leads $3B Boring Company round at $23B valuation as Musk expands tunnel plans beyond Dubai
The funding roughly quadruples the tunnelling company’s valuation since 2022 and comes with plans for more than 150km of additional underground infrastructure across the UAE.
SaaS
+5
Sep 10, 2026
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2 min read
Keep Converting raises $2M pre-seed led by Nuwa Capital and COTU Ventures
The UAE startup has emerged from stealth with an AI platform that generates and tests personalised product pages for individual ecommerce shoppers, claiming an average 64% conversion-rate lift across early deployments.
Fintech
+5
Sep 7, 2026
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2 min read
Sav raises $3.5M pre-Series A led by Phoenix Venture Partners for Saudi expansion
The UAE consumer fintech has broadened from a savings app into a regulated personal-finance platform spanning cards, investments and account aggregation, taking total funding to about $6 million.
Fintech
+3
Sep 4, 2026
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1 min read
Alaan gets in-principle UAE approval for SVF and payments licences as it pushes into business banking
Final approval would allow the fintech to hold customer funds, issue corporate cards and run cross-border payments under its own CBUAE licences as it expands beyond spend management into business banking.
Startups
+4
Sep 2, 2026
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2 min read
Adam Neumann’s Flow enters UAE with DIFC licence, targets first openings in early 2027
a16z-backed residential operator plans communities in Dubai and Abu Dhabi as its portfolio grows to 8,500 homes under management or development.
SaaS
+4
Sep 2, 2026
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2 min read
Dubai's Enhance raises $18.2M from Global Ventures and Stride Ventures to expand personal training OS in the US
Fitness software company, which bootstrapped before raising a $3m Series A in 2021, will use the equity and venture debt financing to expand across the world’s largest gym market.
Results
+5
Aug 28, 2026
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5 min read
Talabat generated 94% of Delivery Hero’s MENA profit as Saudi losses narrowed
Regional GMV rose 11.6% even as profit slipped, with Saudi Arabia appearing to move back towards breakeven ahead of Uber’s €13B takeover of the Berlin group.
Startups
+4
Aug 28, 2026
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4 min read
Builder.ai founder Sachin Dev Duggal launches Dubai-based SeKondBrain after unicorn collapse
New venture marks the return of the Builder.ai founder 15 months after the QIA-backed startup entered insolvency, with an initial product designed to carry memory between competing AI models
Fintech
+6
Aug 24, 2026
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1 min read
Dubai-based Fasset raises $68M Series C at $1B valuation, only 3 months after previous round
Annualised transaction volume has passed $40 billion across 125 countries, according to Fasset, up from $32 billion when it announced its Series B in May.
Funding
+3
Aug 11, 2026
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1 min read
UAE customer intelligence startup Cobi raises $1M pre-seed led by Lunara Partners
The new capital will be used to expand enterprise deployments across the Middle East and internationally, and to further develop Cobi’s recommendation and decisioning capabilities.
VC
+2
Aug 5, 2026
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2 min read
Moove raises $250M at $2.1B led by Abu Dhabi's Mubadala to build the depot layer for robotaxis
The Dubai-headquartered company's valuation is 2.8x the $750 million it commanded in its $100 million round Uber led in 2024.
