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Luma AI Raises $900 Million to Accelerate Its Multimodal AGI Ambitions
  • dailynews

Luma AI Raises $900 Million to Accelerate Its Multimodal AGI Ambitions

  • Startups Mena
  • November 20, 2025
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A Megadeal Signaling the Next Frontier of Artificial Intelligence Luma AI, the Palo Alto–based startup known for its breakthroughs in video-native and multimodal generative AI, […]

Saudi-Backed HUMAIN, AMD & Cisco Launch AI Megaproject as First Major Customer Signs On
  • dailynews

Saudi-Backed HUMAIN, AMD & Cisco Launch AI Megaproject as First Major Customer Signs On

  • Startups Mena
  • November 20, 2025
  • 0

A New Chapter in the Middle East’s AI Infrastructure Race In a move that signals the Middle East’s accelerating ambitions in artificial intelligence, Saudi Arabia’s […]

South Korea Joins UAE’s Stargate AI Megaproject in Global Push for Next-Gen AI Infrastructure
  • dailynews

South Korea Joins UAE’s Stargate AI Megaproject in Global Push for Next-Gen AI Infrastructure

  • Startups Mena
  • November 20, 2025
  • 0

A Strategic Partnership That Redefines AI Power Dynamics South Korea has formally entered the UAE-led Stargate AI initiative — an ambitious multi-billion-dollar effort to build […]

U.S. Green-Lights Export of Advanced Nvidia Chips to Saudi Arabia and the UAE in a Major Boost to Gulf AI Ambitions
  • dailynews

U.S. Green-Lights Export of Advanced Nvidia Chips to Saudi Arabia and the UAE in a Major Boost to Gulf AI Ambitions

  • Startups Mena
  • November 20, 2025
  • 0

A defining moment in U.S.–Gulf tech relations The United States has approved the export of up to 35,000 advanced Nvidia AI chips—valued at roughly $1 billion—to two […]

Qewam’s New ‘Q Fund’ Signals a Founder-First Shift in Saudi Arabia’s Startup Landscape
  • dailynews

Qewam’s New ‘Q Fund’ Signals a Founder-First Shift in Saudi Arabia’s Startup Landscape

  • Startups Mena
  • November 19, 2025
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By acquiring Iwan Ventures and launching a dedicated investment arm, Qewam is tightening the link between venture building, capital deployment, and Saudi’s Vision 2030 innovation […]

Takadao Secures $1.5M Seed Round to Scale Shariah-Compliant, Community-Owned Insurance Globally
  • dailynews

Takadao Secures $1.5M Seed Round to Scale Shariah-Compliant, Community-Owned Insurance Globally

  • Startups Mena
  • November 19, 2025
  • 0

When a family loses its breadwinner, financial uncertainty often deepens the emotional toll — especially in regions where conventional life insurance is misunderstood, inaccessible, or […]

Saudi’s Exel by Merak Doubles Down on Gaming Startups With Second Accelerator Cohort
  • dailynews

Saudi’s Exel by Merak Doubles Down on Gaming Startups With Second Accelerator Cohort

  • Startups Mena
  • November 19, 2025
  • 0

With up to $300,000 per startup and a global pool of founders, Saudi Arabia’s flagship gaming accelerator is transforming national gaming ambitions into a real […]

Saudi-Backed Deals Push MENA Startup Activity Beyond $38.8M in Early November
  • dailynews

Saudi-Backed Deals Push MENA Startup Activity Beyond $38.8M in Early November

  • Startups Mena
  • November 19, 2025
  • 0

Despite a cautious global investment climate, founders across Riyadh, Cairo, Dubai and Tunis continue to secure deals — and the first week of November reveals […]

Saudi Arabia Climbs to No. 2 in MENA AI Funding, Raising USD 96 Million in 1H 2025
  • dailynews

Saudi Arabia Climbs to No. 2 in MENA AI Funding, Raising USD 96 Million in 1H 2025

  • Startups Mena
  • November 18, 2025
  • 0

A breakout half-year signals the Kingdom’s growing influence in the region’s AI economy. When a Riyadh-based AI startup secured its latest early-stage round this spring, […]

Dubai’s WheelsOn Raises $12.5M to Reinvent Deposit-Free Car Rentals in the Gulf
  • dailynews

Dubai’s WheelsOn Raises $12.5M to Reinvent Deposit-Free Car Rentals in the Gulf

  • Startups Mena
  • November 18, 2025
  • 0

When you land in Dubai today and open a car rental app, the experience is still often the same: high deposits, opaque fees, long counters, […]

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