# MENA Startup Digest | MENA Startup Ecosystem News and Opportunities > MENA Startup Digest covers startup funding, innovation, and ecosystem trends across the Middle East and North Africa, providing founders and investors with actionable insights and opportunities > Generated by All in One SEO Pro v5.0.4, this is an llms.txt file, used by LLMs to index the site. ## Sitemaps - [XML Sitemap](https://menastartupdigest.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Latest](https://menastartupdigest.com/latest/): Latest MENA startup news, funding rounds, ecosystem updates, events, and opportunities - [Oman Investment Authority Leads $500M Fund for Central Asia and Caucasus](https://menastartupdigest.com/oman-investment-authority-leads-500m-fund-for-central-asia-and-caucasus/): The Oman Investment Authority (OIA) is leading a coalition of sovereign wealth funds and investment institutions to establish a $500 million fund targeting opportunities across Central Asia and the Caucasus. The fund’s founding agreement is expected to be signed in early November 2026. The vehicle will focus on sectors including logistics, renewable energy, mining, food - [Brookfield Opens Doha Office as It Backs $20B Qai AI Venture](https://menastartupdigest.com/brookfield-opens-doha-office-as-it-backs-20b-qai-ai-venture/): Canadian alternative asset manager Brookfield has opened an office in Doha focused on its global credit platform, including Oaktree, to expand its presence in Qatar and the wider Gulf. The office follows Brookfield’s planned $20 billion joint venture with Qai, the Qatar Investment Authority’s AI subsidiary. The venture will develop AI infrastructure in Qatar and - [Ecoscale Supports 29 Green Startups with EGP 5.3M in Egypt](https://menastartupdigest.com/ecoscale-supports-29-green-startups-with-egp-5-3m-in-egypt/): Egypt’s Ecoscale program has supported 29 startups working in the green economy, circular economy and sustainable waste management, providing total funding of around EGP 5.3M across 10 governorates. Implemented by Jسر incubator, part of Misr El Kheir Foundation, the program supported startups through business acceleration and funding tracks. According to the announcement, participating companies recorded - [Morocco’s 2027 Finance Bill Proposes Tax Exemptions for 2030 World Cup Organizers](https://menastartupdigest.com/moroccos-2027-finance-bill-proposes-tax-exemptions-for-2030-world-cup-organizers/): Morocco’s proposed 2027 Finance Bill includes tax and customs exemptions for FIFA and organizations involved in hosting the 2030 FIFA World Cup, which Morocco will co-host with Spain and Portugal. According to the draft legislation published by the Ministry of Economy, Finance and Public Performance, the measures would cover FIFA, its subsidiaries, the Royal Moroccan - [Oman’s Little Entrepreneurs Market Draws 25,700 Visitors and Supports 100 Young Founders](https://menastartupdigest.com/omans-little-entrepreneurs-market-draws-25700-visitors-and-supports-100-young-founders/): The second edition of the Little Entrepreneurs Market in Muscat attracted 25,700 visitors, giving 100 young entrepreneurs aged 11 to 18 a chance to test their businesses with real customers. Organised by Al Mouj Muscat at Al Mouj Walk on October 23 and 24, the market doubled its participant count compared with its first edition. - [Omani Women Entrepreneurs Urged to Build Sustainable Businesses and Social Ventures](https://menastartupdigest.com/omani-women-entrepreneurs-urged-to-build-sustainable-businesses-and-social-ventures/): Omani women entrepreneurs should turn expanding business opportunities into sustainable enterprises, while social initiatives need to show measurable results to secure long-term support, HH Sayyida Hujaija bint Jaifer al Said said at a Startup Grind Muscat discussion. Speaking at a special Omani Women’s Day gathering, she highlighted initiative, partnerships and financial sustainability as key foundations - [Alexandria Businessmen Association Partners with Egypt Cities Hackathon to Support Startups](https://menastartupdigest.com/alexandria-businessmen-association-partners-with-egypt-cities-hackathon-to-support-startups/): The Alexandria Businessmen Association has joined the Egypt Cities Hackathon as a partner, taking part in the event’s Impact Edition hosted at the Bibliotheca Alexandrina. The association’s delegation included board member Mohamed Hanno, entrepreneurship committee chairman Dr. Walid Eid, and Dr. Ahmed Bastawy, vice chairman of the committee and chairman of ice Alex, which organised - [Morocco’s SMEs Face Growing AI Tool Sprawl as Digital Adoption Accelerates](https://menastartupdigest.com/moroccos-smes-face-growing-ai-tool-sprawl-as-digital-adoption-accelerates/): Moroccan small and medium-sized enterprises are entering a new phase of AI adoption, but many risk adding more fragmentation to already complex digital systems, according to the source analysis. Businesses are increasingly layering AI writing assistants, chatbots, prospecting platforms, meeting tools and data applications onto existing websites, ecommerce systems, CRMs, accounting software and messaging platforms. - [Founder Connects to Host Dubai Pitch Night for Tech Founders and Investors](https://menastartupdigest.com/founder-connects-to-host-dubai-pitch-night-for-tech-founders-and-investors/): Founder Connects will bring Dubai’s tech founders, investors and operators together on Thursday, November 5, for a pitch night at Paramount Hotel Midtown. The event runs from 7:00 PM to 11:30 PM, with an optional virtual speed-networking session from 11:30 AM to 12:40 PM. Participants can meet nine founders one-on-one before the evening gathering. Ten - [DIFC Innovation Hub to Host She Leads with AI Pitch Day in Dubai](https://menastartupdigest.com/difc-innovation-hub-to-host-she-leads-with-ai-pitch-day-in-dubai/): DIFC Innovation Hub will host the She Leads with AI: Pitch Day & Investor Showcase on Monday, November 23, bringing women founders from the Dubai AI Campus accelerator together with investors and ecosystem leaders in Dubai. The event will take place from 9:00 AM to 3:30 PM at DIFC FinTech Hive. It will mark the - [Exel by Merak to Host Investors & Community Day for Gaming Community in Riyadh on November 10](https://menastartupdigest.com/exel-by-merak-to-host-investors-community-day-for-gaming-community-in-riyadh-on-november-10/): Exel will host Investors & Community Day in Riyadh on November 10, bringing together gamers, developers and creators to playtest unreleased games from its gaming accelerator. The event will give participants the opportunity to test upcoming games and share feedback directly with developers. The programme also includes a panel discussion on what makes a game - [Egypt’s Industry Minister Urges IE University to Expand Industrial Innovation Programs](https://menastartupdigest.com/egypts-industry-minister-urges-ie-university-to-expand-industrial-innovation-programs/): Egyptian Industry Minister Khaled Hashem has called on IE University to expand its presence in Egypt and increase its programs focused on industrial innovation and entrepreneurship. Speaking at the IE University Middle East and Africa Alumni Summit in Cairo, Hashem said stronger links between academia and industry would help develop skilled talent and support productive - [New Book Examines Financial Journalism Challenges Across MENA](https://menastartupdigest.com/new-book-examines-financial-journalism-challenges-across-mena/): A new academic book examines the challenges of covering business and finance across the Middle East and North Africa, focusing on professional standards, data credibility and the impact of digital transformation on economic news. Business and Financial Journalism in the Arab World: The Value of News and News Coverage in the Middle East and North - [Oman Opens Handicraft Entrepreneurship Centre in Dhank and Craft House in Ibri](https://menastartupdigest.com/oman-opens-handicraft-entrepreneurship-centre-in-dhank-and-craft-house-in-ibri/): Oman’s Authority for Small and Medium Enterprises Development, known as Riyada, has opened two projects in Al Dhahirah Governorate: a handicraft entrepreneurship centre in Dhank and the Omani Craft House at Ibri Yard in Ibri. The Dhank centre is designed to support artisans through dedicated training, production and innovation facilities. It covers crafts linked to - [Bahraini Entrepreneur Launches Khalaq Men’s Accessories Project](https://menastartupdigest.com/bahraini-entrepreneur-launches-khalaq-mens-accessories-project/): A Bahraini entrepreneur with disabilities and a University of Bahrain graduate has launched Khalaq, a project selling men’s fabrics and accessories, as he enters the local business market. Khalaq offers fabrics, prayer beads, oud and curated gifts. Its expansion plans include adding shawls, pens and other products as it gradually broadens its offering. The founder - [The Dot Marks Five Years of Supporting Tunisia’s Startup Ecosystem](https://menastartupdigest.com/the-dot-marks-five-years-of-supporting-tunisias-startup-ecosystem/): Tunisia’s digital innovation hub The Dot marked its fifth anniversary on October 23, highlighting its role in bringing together startups, entrepreneurs, investors, support organisations and public and private-sector partners. Founded in 2021 with support from Tunisia’s Ministry of Communication Technologies, Expertise France, German cooperation and the Tunisia Development Foundation, and funded by the European Union, - [Egypt’s Innovators Fund Targets Support for 1,000 Student Startup Projects](https://menastartupdigest.com/egypts-innovators-fund-targets-support-for-1000-student-startup-projects/): Egypt’s Fund for the Care of Innovators and Geniuses has announced a future plan to identify promising ideas and help students and graduates turn them into startups. The plan aims to strengthen links between universities, research centres and industry, while connecting education and research outputs with market and community needs. According to the announcement, it - [Egypt’s Innovation Fund Unveils Plan to Support Startups and Link Universities to Industry](https://menastartupdigest.com/egypts-innovation-fund-unveils-plan-to-support-startups-and-link-universities-to-industry/): Egypt’s Innovation and Giftedness Welfare Fund has announced a long-term plan to support innovation, prepare students and graduates for entrepreneurship, and connect university research with industry and the labor market. According to the announcement, the plan will help identify promising ideas, develop them into practical applications, and support students and graduates in building technology- and - [Flat6Labs Wraps Demo Day for Egypt’s Green Growth and Jobs Accelerator Cohort 5](https://menastartupdigest.com/flat6labs-wraps-demo-day-for-egypts-green-growth-and-jobs-accelerator-cohort-5/): Flat6Labs has concluded Demo Day for Cohort 5 of the Green Growth and Jobs Accelerator Project (GGJAP) in Egypt, bringing together green businesses, investors and ecosystem stakeholders. Over several months, participating small and medium-sized enterprises received training, mentorship, networking opportunities and pitch preparation. The Demo Day also included an investor mixer focused on potential collaborations - [Oman’s Riyada Opens Registration for SMEs at Sultan Royal Hospital Congress 2026](https://menastartupdigest.com/omans-riyada-opens-registration-for-smes-at-sultan-royal-hospital-congress-2026/): Oman’s Authority for Small and Medium Enterprises Development, known as Riyada, has opened registration for small and medium-sized businesses seeking to exhibit at the Sultan Royal Hospital International Congress 2026. Held in cooperation with Oman’s Ministry of Health and the Sultan Royal Hospital, the event will take place at the Oman Convention and Exhibition Centre - [Egyptian-European WEntre Project Launches Free Five-Language Platform for Women Entrepreneurs](https://menastartupdigest.com/egyptian-european-wentre-project-launches-free-five-language-platform-for-women-entrepreneurs/): The Egyptian-European Women’s Entrepreneurship (WEntre) project has presented its final results after three years of cooperation, including a free digital platform available in five languages and training tools developed in line with European standards. The platform is designed to help women build the skills needed to launch, manage and grow businesses, while improving their access - [Oman Consortium Plans $3B AI Data Centre With 400MW Capacity](https://menastartupdigest.com/oman-consortium-plans-3b-ai-data-centre-with-400mw-capacity/): Mubbadrah Investment is leading a consortium planning a $3 billion AI data centre in Oman with capacity of up to 400MW for hyperscale operators. The project will be developed with Sustopia Capital, US data centre developer Vela Tech and Dubai-based renewable energy company O2 Global Energy. The campus is expected to support large-scale AI training - [Egyptian Actress Merit Tarek Expands Beauty Business While Pursuing Equestrian Sports](https://menastartupdigest.com/egyptian-actress-merit-tarek-expands-beauty-business-while-pursuing-equestrian-sports/): Merit Tarek is building a career in beauty and entrepreneurship after beginning her public journey as a child actor and later working in advertising and fashion. Tarek appeared in Ibrahim El Batout’s film “Hawi” as a child, playing a blind girl. Her performance earned her the Best Actress award at the Doha Tribeca Film Festival, - [Yamna Signs £1B+ Deal for AI Data Centre in Oman](https://menastartupdigest.com/yamna-signs-1b-deal-for-ai-data-centre-in-oman/): UK-founded green infrastructure developer Yamna has signed an agreement with Oman’s Ministry of Transport, Communications and Information Technology to develop a large-scale AI and hyperscale data centre in Salalah. The first phase, known as Salalah Al Khadra Digital, is expected to exceed £1 billion, or about $1.3B, according to the UK government. The project is - [Qatar’s BuzzGage Prepares New Investment Round After Reaching 350,000 Students](https://menastartupdigest.com/qatars-buzzgage-prepares-new-investment-round-after-reaching-350000-students/): Qatar-founded EdTech startup BuzzGage is preparing to open a new investment round after reaching more than 350,000 students represented on its platform, the company said. The Doha-based startup measures student wellbeing, engagement and behavioural development. It currently serves more than 10 education systems, with its platform available in Arabic, Turkish, English and French. BuzzGage has - [Goumbook Opens Applications for 2026/2027 MENA Regenerative Agriculture Program](https://menastartupdigest.com/goumbook-opens-applications-for-2026-2027-mena-regenerative-agriculture-program/): Goumbook has opened applications for the 2026/2027 cohort of its MENA Regenerative Agriculture Venture Programme, which supports research-backed solutions addressing agricultural challenges across the region. The programme is open worldwide to researchers, students, scientists and innovators developing science, nature-based or technological solutions relevant to MENA agriculture. Eligible projects should be working toward the proof-of-concept stage - [MoneyHash Partners with Geidea to Expand Payment Access Across the UAE, Saudi Arabia and Egypt](https://menastartupdigest.com/moneyhash-partners-with-geidea-to-expand-payment-access-across-the-uae-saudi-arabia-and-egypt/): The partnership integrates Geidea’s online payment gateway into MoneyHash’s payment orchestration platform, allowing businesses to access its payment capabilities through an existing integration. MoneyHash has partnered with regional fintech provider Geidea to expand the payment options available to businesses across the UAE, Saudi Arabia and Egypt. Under the partnership, businesses using MoneyHash can access Geidea’s - [Egypt’s MasrPay Completes Capital Increase Following Central Bank Approval](https://menastartupdigest.com/egypts-masrpay-completes-capital-increase-following-central-bank-approval/): The Egyptian payments company plans to invest in technology, cybersecurity, operational capacity and partnerships as it enters a new phase of growth within the regional GlobalPay ecosystem. Egyptian digital payments company MasrPay has completed a capital increase following approval from the Central Bank of Egypt (CBE), strengthening its financial base and supporting its long-term expansion - [DarDoc Launches AI Tool to Track Patient Progress Between Appointments](https://menastartupdigest.com/dardoc-launches-ai-tool-to-track-patient-progress-between-appointments/): The UAE healthcare platform’s new truesightᴮᴱᵀᴬ system analyses treatment history and patient activity to surface relevant updates, with a second phase planned to include real-time consultation transcription. Dubai-based healthcare platform DarDoc has launched truesightᴮᴱᵀᴬ, a machine learning-powered intelligence layer integrated into its Lifestyle Rx digital clinic. The tool is designed to help patients and clinicians - [Saudi Investment Platform OORI Partners with PLAYBOOK to Expand Women’s Access to Private Markets](https://menastartupdigest.com/saudi-investment-platform-oori-partners-with-playbook-to-expand-womens-access-to-private-markets/): The partnership will bring private-market investment education to PLAYBOOK’s community of female leaders, with workshops, educational content and webinars designed to help women make more informed investment decisions. Saudi-based investment platform OORI has partnered with PLAYBOOK, a leadership and career development platform for women, to expand access to private-market investment education and alternative investment opportunities - [MBRIF and Dubai Future District Fund Partner to Connect UAE Startups with Investors and Support Program](https://menastartupdigest.com/mbrif-and-dubai-future-district-fund-partner-to-connect-uae-startups-with-investors-and-support-program/): The partnership introduces a two-way referral mechanism, connecting eligible MBRIF-backed startups with DFDF’s fund manager network while opening MBRIF programmes to eligible DFDF portfolio companies. The Mohammed Bin Rashid Innovation Fund (MBRIF) has partnered with the Dubai Future District Fund (DFDF) to expand growth opportunities for startups and strengthen connections across the UAE’s innovation ecosystem. - [FINNOVEX Middle East Chapter 39 to Bring Finance Leaders to Dubai in November](https://menastartupdigest.com/finnovex-middle-east-chapter-39-to-bring-finance-leaders-to-dubai-in-november/): FINNOVEX Middle East will return to Dubai on November 10-11, 2026, for Chapter 39, a two-day event focused on how financial institutions can build a more connected financial system ahead of 2027. Held under the theme “Finance in Motion,” the event will take place at the St. Regis Downtown Dubai. Discussions will cover customer experience, - [BioSapien Opens First MediChip Clinical Site in Abu Dhabi](https://menastartupdigest.com/biosapien-opens-first-medichip-clinical-site-in-abu-dhabi/): Abu Dhabi-based Hub71 startup BioSapien has opened the first clinical site for its MediChip™ platform at Burjeel Cancer Institute in Burjeel Medical City. Patient screening for the Phase I study is scheduled to begin on 23 October 2026. Announced during the Abu Dhabi Future Health Summit, the site opening moves BioSapien’s investigational localised chemotherapy platform - [Egypt Plans Legal Reforms and New Support Units to Help Startups Expand Globally](https://menastartupdigest.com/egypt-plans-legal-reforms-and-new-support-units-to-help-startups-expand-globally/): Egyptian Prime Minister Mostafa Madbouly said the government plans to introduce legislative reforms to make it easier for startups to operate, scale and enter international markets. Speaking during the “Entrepreneurs’ Pitches: From Idea to Growth” session at Egypt Forum 2026, Madbouly said the government wants Egyptian companies to grow from local startups into regional and - [Zain Innovation Platform Trains 26 Women in Entrepreneurship Bootcamp](https://menastartupdigest.com/zain-innovation-platform-trains-26-women-in-entrepreneurship-bootcamp/): Zain Innovation Platform, in partnership with Arab Women Today, has organised a four-day “From Idea to Entrepreneurship” training bootcamp for 26 women. Led by entrepreneurship expert and consultant Nidal Qandilo, the programme focused on building participants’ skills to launch, grow and sustain their businesses, according to the announcement. Participants were at different stages of their - [Falcon Tank Supports 10 Women Entrepreneurs in Abu Dhabi’s Raaida Academy](https://menastartupdigest.com/falcon-tank-supports-10-women-entrepreneurs-in-abu-dhabis-raaida-academy/): Falcon Tank, the closing event of the second edition of the Raaida Academy, highlighted the role of targeted initiatives in helping women entrepreneurs develop innovative ideas into sustainable businesses. Organised by the Abu Dhabi Businesswomen Council, the programme brought participants together with investors through an interactive platform designed to strengthen women’s contribution to the emirate’s - [Beni Suef University Launches Ask an Entrepreneur Startup Initiative](https://menastartupdigest.com/beni-suef-university-launches-ask-an-entrepreneur-startup-initiative/): Beni Suef University in Egypt has launched “Ask an Entrepreneur,” an initiative designed to connect academic learning with the practical realities of building startups. Organized by the university’s Innovation and Entrepreneurship Office, the program aims to help students, researchers and faculty members develop ideas into viable projects with growth potential, according to the announcement. The - [PODTECH Completes Modular Pharmaceutical Manufacturing Facility for Mubadala Bio’s Bioventure Healthcare](https://menastartupdigest.com/podtech-completes-modular-pharmaceutical-manufacturing-facility-for-mubadala-bios-bioventure-healthcare/): The 250-square-metre facility in the UAE will manufacture hormone medicines, supporting local pharmaceutical production and the country’s drug security ambitions. UAE-based PODTECH has completed a prefabricated modular pharmaceutical manufacturing facility for Bioventure Healthcare, a subsidiary of Mubadala Bio, expanding the company’s local production capacity for hormone medicines. The facility comprises 14 PODULE™ modular units covering - [Saudi Proptech Ghanem Raises $1.5m to Extend Pre-Seed Round to $8.6m](https://menastartupdigest.com/saudi-proptech-ghanem-raises-1-5m-to-extend-pre-seed-round-to-8-6m/): Saudi Arabia-based proptech startup Ghanem has raised an additional $1.5 million in a pre-seed extension, bringing the round’s total to $8.6 million. The extension was backed by real estate companies and strategic angel investors. Ghanem’s earlier $7.1 million financing included participation from Al-Romaih Group, while Waad VC has also invested in the company. Founded in - [Egypt’s Enterprise Development Agency Invests $55M Across 16 Startup Funds](https://menastartupdigest.com/egypts-enterprise-development-agency-invests-55m-across-16-startup-funds/): Egypt’s Enterprise Development Agency has invested $55 million across 16 funds supporting startups, helping attract $455 million in foreign direct investment for co-investment in Egyptian startups, according to remarks by its CEO Mustafa Ismail Hassan. Speaking at the Egypt Forum 2026 in the New Administrative Capital, Hassan said 170 Egyptian startups and innovative companies have - [G42 Signs Five MoUs in Greece Across AI, Government and Life Sciences](https://menastartupdigest.com/g42-signs-five-mous-in-greece-across-ai-government-and-life-sciences/): Abu Dhabi-based AI group G42 and five portfolio companies have signed five memoranda of understanding in Athens covering AI infrastructure, government services, smart cities and life sciences. Khazna Data Centers and Core42 will explore developing an AI factory with Greek energy and infrastructure company Copelouzos Group. Khazna would provide the physical infrastructure, while Core42 would - [Finbursa Launches AI Platform for Private Markets Operations in UAE](https://menastartupdigest.com/finbursa-launches-ai-platform-for-private-markets-operations-in-uae/): FinBursa has launched FinBursa 360, an AI-powered platform that brings investment management, deal execution, fundraising and investor relations workflows into one system for private markets firms. Founded in 2024 and co-founded by former BlackRock director Ismail Badereldine, the company serves private equity, venture capital, private credit and other investment firms. Its platform combines investment CRM, - [YouTube Unveils Creator-Led Ramadan Shows at Brandcast MENA](https://menastartupdigest.com/youtube-unveils-creator-led-ramadan-shows-at-brandcast-mena/): YouTube introduced three creator-led shows spanning Ramadan cooking, family entertainment and travel, as new research highlights the influence of creators on audiences in Saudi Arabia and the UAE. YouTube unveiled three new creator-led shows at its annual Brandcast advertiser event, highlighting the growing role of digital creators in entertainment, consumer research and travel discovery across - [UAE and Greece Announce $14.8B in Agreements Across Energy, AI and Infrastructure](https://menastartupdigest.com/uae-and-greece-announce-14-8b-in-agreements-across-energy-ai-and-infrastructure/): The UAE plans to expand its investments in Greece over the next five to eight years, targeting sectors including energy, hospitality, artificial intelligence, technology, industry and infrastructure, according to UAE Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi. The announcement came during the visit of Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed - [etisalat money and Visa Expand UAE Cross-Border Transfer Options](https://menastartupdigest.com/etisalat-money-and-visa-expand-uae-cross-border-transfer-options/): etisalat money, the fintech arm of etisalat, has partnered with Visa to expand international money transfers from the UAE through Visa Direct. The partnership will add four transfer options to the etisalat money app: Visa Direct to Card, Visa+ transfers using a recipient’s phone number, transfers from personal accounts to overseas business accounts, and SWIFT - [Khalifa University Develops Instructwin Agentic AI Platform for Education](https://menastartupdigest.com/khalifa-university-develops-instructwin-agentic-ai-platform-for-education/): Khalifa University of Science and Technology has developed InstrucTwin, a UAE-made agentic AI platform designed to support learning, educators and education system management. Commercialised through Khalifa University Enterprises Company (KUEC), the platform brings together specialised AI agents for personalised learning, lesson and assessment development, grading, feedback, learning-gap identification, institutional analytics and professional development. Unlike standalone - [Lenovo Unveils New Hybrid AI Devices and Security Solutions for Businesses](https://menastartupdigest.com/lenovo-unveils-new-hybrid-ai-devices-and-security-solutions-for-businesses/): Lenovo has unveiled a new commercial technology portfolio aimed at helping businesses move AI from experimentation into everyday operations. The lineup spans AI-enabled desktops and laptops, collaboration displays, enterprise security tools and two mobile computing concepts. The portfolio includes the ThinkCentre X Ultra, a compact desktop powered by up to AMD Ryzen AI Max+ PRO - [GrowthLabs and Founder Institute Egypt Partner to Support Startups in Egypt](https://menastartupdigest.com/growthlabs-and-founder-institute-egypt-partner-to-support-startups-in-egypt/): GrowthLabs has partnered with Founder Institute Egypt to support entrepreneurs and startups across Egypt through shared expertise, networks and access to relevant opportunities. According to the announcement, the partnership will help founders access guidance, build relationships and connect with resources that can support the development of their startups. It forms part of GrowthLabs’ work to - [AI-Assisted PHP Vulnerabilities Take Government Websites Offline Across Europe](https://menastartupdigest.com/ai-assisted-php-vulnerabilities-take-government-websites-offline-across-europe/): AI-assisted research has helped uncover two severe PHP vulnerabilities that forced government websites and other digital services across Europe and beyond to temporarily go offline. PHP developers released urgent security updates on October 21, 2026, after technology companies detected attempts to exploit the flaws. The vulnerabilities, tracked as CVE-2026-109618 and CVE-2026-109619, received a CVSS severity - [UAE FTA Launches AI-Powered Digital Platform for Tourist VAT Refunds](https://menastartupdigest.com/uae-fta-launches-ai-powered-digital-platform-for-tourist-vat-refunds/): The UAE’s Federal Tax Authority (FTA) has launched an AI-powered digital platform designed to speed up VAT refunds for tourists, with paperless processing now available at Zayed International Airport, Dubai International Airport and Sharjah International Airport. Developed with Planet, the authorised operator of the UAE’s Tourist VAT Refund Scheme, the platform uses a mobile application, - [Monsha’at to Host E-commerce Tour in Riyadh on October 26-27](https://menastartupdigest.com/monshaat-to-host-e-commerce-tour-in-riyadh-on-october-26-27/): Saudi Arabia’s General Authority for Small and Medium Enterprises, Monsha’at, will hold an e-commerce tour in Riyadh on October 26 and 27, in partnership with the E-Commerce Council. The event will take place at the Establishments Support Center in Riyadh, bringing together government and private-sector organisations, investors and service providers. It will highlight opportunities, services - [Abu Dhabi’s Future of Health and Bridge for Billions Launch Healthcare Entrepreneurship Program](https://menastartupdigest.com/abu-dhabis-future-of-health-and-bridge-for-billions-launch-healthcare-entrepreneurship-program/): The initiative will support around 50 healthcare entrepreneurs across Africa and Asia, with selected founders gaining access to Abu Dhabi’s healthcare innovation ecosystem. Future of Health, a global initiative from Abu Dhabi, and Bridge for Billions have launched a programme to support healthcare entrepreneurs in emerging markets, helping locally developed solutions reach more people and - [UAE Fintech Ziina Secures Approvals for Payments and Exchange Services](https://menastartupdigest.com/uae-fintech-ziina-secures-approvals-for-payments-and-exchange-services/): UAE fintech Ziina has secured Central Bank of the UAE approvals for retail payment services and exchange business activities, making it the first homegrown UAE fintech to hold authorizations spanning all three activities, according to the company. The new Retail Payment Services Category III license covers merchant acquiring, payment aggregation and domestic fund transfers. It - [Egypt’s Leadership Preparation Institute Brings Together 1,000+ Students for Innovation and Entrepreneurship](https://menastartupdigest.com/egypts-leadership-preparation-institute-brings-together-1000-students-for-innovation-and-entrepreneurship/): Egypt’s Leadership Preparation Institute has brought together more than 1,000 students from public, private, national and technological universities for a forum focused on creativity, innovation and entrepreneurship. The gathering forms part of the student dialogue sessions preparing for Egypt Forum 2026, themed “A Look at Today, a Vision for Tomorrow,” and is aligned with the - [Orange Jordan Connects 130 Entrepreneurs with Private-Sector Partners Across Jordan](https://menastartupdigest.com/orange-jordan-connects-130-entrepreneurs-with-private-sector-partners-across-jordan/): Orange Jordan has organised three regional networking meetups under the Private Sector Access to Support Startups (PASS) programme, connecting entrepreneurs with investors, private-sector companies and organisations that can support business growth. The initiative aims to strengthen Jordan’s startup ecosystem and empower 130 entrepreneurs through cross-sector collaboration, market access and potential business partnerships. The sessions were - [Luxor Launches Be a Creative Entrepreneur Initiative for Youth Projects](https://menastartupdigest.com/luxor-launches-be-a-creative-entrepreneur-initiative-for-youth-projects/): Luxor’s Directorate of Youth and Sports has opened registration for the “Be a Creative Entrepreneur” initiative, a 20-day program designed to help young people develop innovative ideas into viable businesses. The initiative is being delivered by the directorate’s Youth Empowerment Department in cooperation with the Spanish Agency for International Development Cooperation. It will run from - [Mediclinic Middle East Joins Hub71+ Life Sciences to Support HealthTech Startups in Abu Dhabi](https://menastartupdigest.com/mediclinic-middle-east-joins-hub71-life-sciences-to-support-healthtech-startups-in-abu-dhabi/): Mediclinic Middle East has joined Hub71+ Life Sciences under a strategic partnership designed to give HealthTech startups access to clinical expertise, healthcare networks and real-world insights in Abu Dhabi. The partnership was formalised through a Memorandum of Understanding signed during the Abu Dhabi Future Health Summit 2026. It will enable Mediclinic Middle East to work - [Oman’s Saham Vocational College Launches Startup Weekend With 12 Student Teams](https://menastartupdigest.com/omans-saham-vocational-college-launches-startup-weekend-with-12-student-teams/): Saham Vocational College in Oman’s North Al Batinah Governorate has launched the global Startup Weekend program, bringing together 12 student teams and more than 55 participants from higher education institutions across the Sultanate. Supported by the Small and Medium Enterprises Development Authority, “Riyada,” the 54-hour event began on October 22 and will conclude on October - [Makani Talks to Host Ramallah Session on Startup Funding and Support](https://menastartupdigest.com/makani-talks-to-host-ramallah-session-on-startup-funding-and-support/): Makani Talks will host a new session in Ramallah on how Palestinian entrepreneurs can access business support, funding and capacity-building opportunities through the منشأتي platform and the Istidama Fund. Held in partnership with Foras.ps, the session, titled “From Challenges to Opportunities: The منشأتي Platform and Istidama Fund,” will feature Tasneem Dar Youssef. It will cover - [Scale Now to Host Fundraising and Acquisition Readiness Panel in Doha](https://menastartupdigest.com/scale-now-to-host-fundraising-and-acquisition-readiness-panel-in-doha/): Scale Now, an initiative of Qatar’s Ministry of Communications and Information Technology, will host “Fundable Today, Acquirable Tomorrow” on 1 November 2026 at QDB Scale7 in Msheireb, Doha. Held in collaboration with Startup Grind Doha, the panel will focus on the financial and operational metrics investors and potential acquirers use to assess technology companies. The - [Sandbox Dubai Opens AI Sandbox for Startups and Technology Companies](https://menastartupdigest.com/sandbox-dubai-opens-ai-sandbox-for-startups-and-technology-companies/): Sandbox Dubai has opened applications for its AI Sandbox, a program designed to help startups, SMEs and technology companies test artificial intelligence solutions in real-world settings and address regulatory challenges. The initiative allows participants to work with regulators and relevant government entities while accessing technical, policy and commercial guidance. It is aimed at companies with - [SEQUENCIVE and KAUST Launch namya to Advance Sustainable Agriculture in Saudi Arabia](https://menastartupdigest.com/sequencive-and-kaust-launch-namya-to-advance-sustainable-agriculture-in-saudi-arabia/): SEQUENCIVE and King Abdullah University of Science and Technology (KAUST) have launched namya, a Saudi company focused on developing science-based solutions for sustainable agriculture and food security. The launch took place under the patronage of Eng. Abdulrahman Abdulmohsen AlFadley, Saudi Arabia’s Minister of Environment, Water and Agriculture, with KAUST President Prof. Sir Edward Byren and - [Cleantech Maroc Opens Applications for 2026 Green Innovation Program](https://menastartupdigest.com/cleantech-maroc-opens-applications-for-2026-green-innovation-program/): Applications are open for the Cleantech Maroc / GCIP Morocco 2026 program, which supports entrepreneurs, startups and small businesses developing clean technology solutions in Morocco. Launched by Morocco’s Ministry of Energy Transition and Sustainable Development with support from UNIDO and the Global Environment Facility, the program focuses on waste valorization, water efficiency, energy efficiency and - [iParkJo Opens Applications for Three-Day Catalyst Hackathon](https://menastartupdigest.com/iparkjo-opens-applications-for-three-day-catalyst-hackathon/): iParkJo has opened applications for The Catalyst Hackathon, a three-day event focused on green chemistry and sustainability. Taking place from November 12 to 14, the hackathon will bring together innovators, students and entrepreneurs to develop solutions to sustainability challenges. Participants can apply individually and will be placed into teams if they do not already have - [Y Combinator Backed Grey Expands Cross Border Payout Network To Saudi Arabia And Turkey](https://menastartupdigest.com/y-combinator-backed-grey-expands-cross-border-payout-network-to-saudi-arabia-and-turkey/): Y Combinator-backed cross-border payments platform Grey has officially expanded its payout network to enable direct local-currency transfers to Saudi Arabia and Türkiye. The newly launched payment corridors allow users to send funds directly into local bank accounts in Saudi riyal (SAR) and Turkish lira (TRY). By facilitating these transfers from existing USD, EUR, GBP, and - [UAE's AI Presentation Platform NOXI Surpasses 2,000 Organic Users Amid Surge In Arabic Content](https://menastartupdigest.com/uaes-ai-presentation-platform-noxi-surpasses-2000-organic-users-amid-surge-in-arabic-content/): Abu Dhabi-based AI presentation maker NOXI has officially surpassed 2,000 users and generated over 5,000 presentations since its launch in late 2025. Founded and developed by Aidar Akmaev, a product designer with a background at Abu Dhabi's AI71, the platform has achieved this early scale entirely organically, without any advertising spend. Rapid Adoption Of Arabic - [Infasme And Fotopia Launch AI Document Platform Digitizeme For SMEs in UAE](https://menastartupdigest.com/infasme-and-fotopia-launch-ai-document-platform-digitizeme-for-smes-in-uae/): In a move to modernize how small and medium-sized enterprises handle critical paperwork in the region, UAE-based Infasme and Fotopia Technologies have officially launched Digitizeme. The new AI-powered document management system (DMS) is designed specifically for the UAE's SME sector, providing a secure and affordable alternative to the informal cloud storage and messaging apps currently - [UAE's Wisewell Secures AED 2 Million MBRIF Credit Guarantee To Scale Sustainable Water Tech](https://menastartupdigest.com/uaes-wisewell-secures-aed-2-million-mbrif-credit-guarantee-to-scale-sustainable-water-tech/): The Mohammed Bin Rashid Innovation Fund (MBRIF) has granted an AED 2 million credit guarantee to Wisewell, a UAE-based water technology company specializing in smart purification systems. This financial backing is designed to support the startup's capital investment and research and development to further enhance its Internet of Things (IoT)-enabled water technology. Eliminating Single-Use Plastics - [Lebanon's EduMatch LB Launches A Verified Marketplace For Private Teachers](https://menastartupdigest.com/lebanons-edumatch-lb-launches-a-verified-marketplace-for-private-teachers/): In late September 2026, EduMatch LB officially launched to address a pressing challenge for families navigating the education system in Lebanon: finding qualified and trustworthy private tutors. Built by a Lebanese student founder, the platform replaces the chaotic landscape of social media groups with a streamlined, verified marketplace for educational support. Replacing Social Media Chaos - [Banat Nareng Launches Comprehensive Health Ecosystem For Women in Saudi Arabia](https://menastartupdigest.com/banat-nareng-launches-comprehensive-health-ecosystem-for-women-in-saudi-arabia/): In September 2026, Banat Nareng officially launched a new direct-to-consumer women's health ecosystem tailored for Saudi Arabia and the wider GCC market. The dual-language platform, available in Arabic and English, is designed to provide clear information and trusted products for women traversing every stage of life. Curated Care For Every Life Stage Moving away from - [Saudi's EdfaPay And Sudan's GoPravo Launch SDPay To Revolutionize Digital Financial Services](https://menastartupdigest.com/saudis-edfapay-and-sudans-gopravo-launch-sdpay-to-revolutionize-digital-financial-services/): Saudi payment technology company EdfaPay and Sudanese IT firm GoPravo have officially partnered to launch a new 50/50 joint venture named SDPay. This new entity will operate and provide modern financial services and payments infrastructure across Sudan. Bridging The Gap In Sudanese Payments SDPay is designed to serve banks, telecom operators, merchants, government entities, and - [ZINC Trains 26 Women Entrepreneurs in Jordan Through Four-Day Bootcamp](https://menastartupdigest.com/zinc-trains-26-women-entrepreneurs-in-jordan-through-four-day-bootcamp/): Zain Innovation Campus (ZINC) has held a four-day entrepreneurship bootcamp in Amman to help women turn business ideas into sustainable ventures. Organised in partnership with Arab Women Today, the “From Idea to Entrepreneurship” programme brought together 26 women at different stages of their entrepreneurial journeys, from developing new concepts to growing existing businesses. Entrepreneurship expert - [EGBANK’s MINT Accelerator Attracted $4M for Startups in 2025](https://menastartupdigest.com/egbanks-mint-accelerator-attracted-4m-for-startups-in-2025/): MINT, the startup accelerator and entrepreneurship platform backed by Egypt’s EGBANK, attracted $4 million in external investment for its participating startups during 2025, according to the bank’s latest sustainability report. The figure rose from $3.8 million in 2024. MINT supported 18 startups last year, including four fintech companies, compared with 12 startups, including two fintech - [Bybit Secures Dubai VARA Licence for Spot Crypto Trading](https://menastartupdigest.com/bybit-secures-dubai-vara-licence-for-spot-crypto-trading/): Bybit has secured a Virtual Asset Service Provider licence from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer spot crypto trading in the emirate. The licence was issued to Bybit Fintech FZE, the exchange’s local entity, for exchange services. Bybit said it hopes to expand the licence to cover derivatives, subject to regulatory approval. Dubai - [Deloitte Plans Additional $40M Investment in Cairo Innovation Hub](https://menastartupdigest.com/deloitte-plans-additional-40m-investment-in-cairo-innovation-hub/): Deloitte plans to invest an additional $40 million in its Cairo Innovation Hub over the next 12 to 18 months, completing a $110 million investment plan. The hub has deployed $70 million so far, according to the company. The funding will support the hub’s technology capabilities and increase Egyptian teams’ participation in international digital transformation - [Mastercard Partners with Enjaz on New Saudi Arabia Card Products](https://menastartupdigest.com/mastercard-partners-with-enjaz-on-new-saudi-arabia-card-products/): Mastercard has partnered with Saudi Arabia-based Enjaz Company to launch new card products for individual and business customers, targeting expatriates, frequent travellers and high-net-worth individuals. Enjaz offers financial services and digital wallets, including money transfer solutions. The company said the partnership will expand its product range and customer base while giving existing customers tools for - [UAE Plans Up to $54.5B in Clean Energy Investment Through 2030](https://menastartupdigest.com/uae-plans-up-to-54-5b-in-clean-energy-investment-through-2030/): The UAE plans to invest up to $54.5 billion in clean energy projects through 2030 as it works to meet rising electricity demand and expand renewable power capacity. The announcement comes as the country’s renewable energy capacity has grown from 129 megawatts in 2015 to more than 8.2 gigawatts in 2025, according to Energy and - [HUMAIN Plans 27,000 NVIDIA GPUs Across 84MW in Saudi Arabia](https://menastartupdigest.com/humain-plans-27000-nvidia-gpus-across-84mw-in-saudi-arabia/): Saudi Arabia’s HUMAIN is expanding its collaboration with NVIDIA to develop up to 84MW of AI computing capacity in the Kingdom, equivalent to about 27,000 GPUs. Announced at NVIDIA’s GTC Berlin event, the programme will begin with 14MW of Blackwell HGX B300 systems, representing about 6,000 GPUs connected through Quantum-X800 InfiniBand networking. Deployment is expected - [Berkana to Gather 40 Female Private Capital Leaders in UAE](https://menastartupdigest.com/berkana-to-gather-40-female-private-capital-leaders-in-uae/): Berkana will bring together 40 female single family office principals, investment decision-makers and entrepreneurs for Art of Capital: The Women of Influence, an invitation-only gathering taking place across Dubai and Abu Dhabi on October 22–23, 2026. Participants will each allocate at least $1 million annually to impactful ventures, according to the announcement. The gathering is - [Saudi Arabia Launches Second Corporate Innovation Program for Companies](https://menastartupdigest.com/saudi-arabia-launches-second-corporate-innovation-program-for-companies/): Saudi Arabia’s Ministry of Communications and Information Technology has launched the second edition of its Corporate Innovation Program, known as CVC, through the Digital Entrepreneurship Center CODE and in partnership with Plug and Play. The program is designed to help leaders at Saudi companies adopt open innovation methods and develop stronger models for working with - [Saudi Cultural Fund Signs Agreement with Herf Saudi to Support Handicraft Businesses](https://menastartupdigest.com/saudi-cultural-fund-signs-agreement-with-herf-saudi-to-support-handicraft-businesses/): Saudi Arabia’s Cultural Fund has signed a cooperation agreement with Herf Saudi to support the growth of businesses operating in the handicrafts sector and expand market opportunities for their products. According to the announcement, the partnership will develop joint services and solutions to help handicraft businesses strengthen their operational and commercial readiness, expand sales channels - [Robinhood Receives DFSA Authorization to Launch MENA Platform From DIFC](https://menastartupdigest.com/robinhood-receives-dfsa-authorization-to-launch-mena-platform-from-difc/): Robinhood has received authorization from the Dubai Financial Services Authority (DFSA) to introduce its retail investing platform in the Middle East from the Dubai International Financial Centre (DIFC). The authorization covers trading and custody across all 10 DFSA-approved asset classes, including equities, crypto, exchange-traded funds and investment tokens. Robinhood said it plans to launch its - [Ahlibank Launches 3-Month SME Academy for 25 Omani Entrepreneurs](https://menastartupdigest.com/ahlibank-launches-3-month-sme-academy-for-25-omani-entrepreneurs/): Ahlibank has launched the first edition of ahli tamkeen SME Academy, a three-month capacity-building program for 25 Omani entrepreneurs and SME leaders. The academy brings together participants from several economic sectors and focuses on financial management, access to finance, marketing and digital transformation. Protiviti is delivering the program through practical workshops and one-to-one guidance. According - [Saudi Event-Tech Startup INVE Raises $300K from Outliers VC](https://menastartupdigest.com/saudi-event-tech-startup-inve-raises-300k-from-outliers-vc/): Saudi event-tech startup INVE has raised $300,000 from Outliers Venture Capital to expand its business platform and develop its consumer offering. Founded in 2024 by Abdulrahman Al Abdulkarim, INVE started as a tool for managing wedding invitations and RSVPs before expanding to support a broader range of events. The company is now targeting corporate clients - [Parkin Extends DMCC Parking Agreement for 10 Years Across JLT](https://menastartupdigest.com/parkin-extends-dmcc-parking-agreement-for-10-years-across-jlt/): Parkin Company PJSC has renewed its parking management agreement with the Dubai Multi Commodities Centre (DMCC) for another 10 years, covering paid parking operations across Jumeirah Lakes Towers (JLT) in Dubai. Under the renewed agreement, Parkin will exclusively manage and operate around 2,800 paid parking spaces, including 250 spaces for motorcycles. Its responsibilities will include - [Morocco Registers 66,277 New Businesses in First Eight Months of 2026](https://menastartupdigest.com/morocco-registers-66277-new-businesses-in-first-eight-months-of-2026/): Morocco registered 66,277 new businesses between January and August 2026, according to data from the Moroccan Office of Industrial and Commercial Property (OMPIC). Legal entities accounted for 49,897 registrations, or 75% of the total, while individual businesses made up the remaining 16,380 registrations. Among legal entities, single-member limited liability companies were the most common structure, - [Egypt Education Development Fund Signs Youth Skills Agreement with Canadian Chamber](https://menastartupdigest.com/egypt-education-development-fund-signs-youth-skills-agreement-with-canadian-chamber/): Egypt’s Education Development Fund has signed a cooperation agreement with the Canadian Chamber of Commerce to prepare young people for the labour market and strengthen their professional and technology skills. The partnership will support training aligned with the needs of the Egyptian and Canadian job markets, while expanding access to employment, remote freelancing and entrepreneurship - [Three FAO-Backed Egyptian Startups Win National Green Innovation Awards](https://menastartupdigest.com/three-fao-backed-egyptian-startups-win-national-green-innovation-awards/): Three Egyptian startups supported by the European Union for Decent Life project, implemented by the Food and Agriculture Organization of the United Nations (FAO) in Egypt with EU funding, have secured top positions in the National Initiative for Smart Green Projects. The startups were recognised for solutions that recycle agricultural waste and turn it into - [UAEs Hyperfusion Launches Containerised AI Data Centre With Vast Data](https://menastartupdigest.com/uaes-hyperfusion-launches-containerised-ai-data-centre-with-vast-data/): Abu Dhabi-based modular AI data centre company Hyperfusion has emerged from stealth with Sentinel, a complete AI data centre built inside a transportable 45-foot ISO High Cube container, in partnership with VAST Data. Sentinel is commissioned in a factory and shipped to a customer site, with a reference configuration of 96 GPUs and around two - [Experia 2026 Draws More Than 7,000 Visitors to Lebanon’s First Interactive Innovation Expo](https://menastartupdigest.com/experia-2026-draws-more-than-7000-visitors-to-lebanons-first-interactive-innovation-expo/): Experia 2026, Lebanon’s first interactive innovation expo, attracted more than 7,000 visitors and over 100 exhibitors during its inaugural edition at Beirut’s Forum de Beyrouth from October 8 to 10, 2026. Organised by Promofair with support from the Ministry of State for Technology and Artificial Intelligence (MITAI), the event brought together startups, large companies, universities, - [Al Jumum Technical College, Makkah Chamber to Host Business Visit for 150 Trainees](https://menastartupdigest.com/al-jumum-technical-college-makkah-chamber-to-host-business-visit-for-150-trainees/): Al Jumum Technical College is partnering with the Makkah Chamber of Commerce to organise a Business Community visit for around 150 trainees from administration, accounting and marketing programmes, as well as people interested in entrepreneurship. The visit will introduce participants to the business environment and connect them with private-sector leaders and entrepreneurs. It will include - [Jordanian German University Hosts Startup Alley 2026 with 44 Startups](https://menastartupdigest.com/jordanian-german-university-hosts-startup-alley-2026-with-44-startups/): The Jordanian German University hosted Startup Alley 2026 in Madaba on October 21, bringing together 44 startups, investors and entrepreneurs as part of Future Tech Summit 2026. Organised in partnership with Startup Grind Amman and Parachute16, the event aimed to connect startups with potential investors and partners. Participating companies included startups from Jordan, Germany and - [EBA Elects New Board at Annual General Meeting in Beitunia](https://menastartupdigest.com/eba-elects-new-board-at-annual-general-meeting-in-beitunia/): The Charitable Entrepreneurship Accelerator (EBA) has elected a new board of directors during its annual general meeting in Beitunia. Aahed Ghanem will serve as chair, with Fadl Shoman as vice chair, Amjad Al-Shalla as secretary and Mohammad Al-Madani as treasurer. Reem Malhem, Moamen Nawfal and Saed Faisal were also elected to the board. The meeting - [SocialLab and LAU Engine Open Applications for Lebanon Youth AI Hackathon](https://menastartupdigest.com/sociallab-and-lau-engine-open-applications-for-lebanon-youth-ai-hackathon/): SocialLab and LAU Engine have opened applications for the AI for Impact: Lebanon Youth Hackathon 2026, a national competition inviting high school students to use artificial intelligence to address healthcare and environmental challenges. The one-day hackathon will take place on November 14, 2026, at the Lebanese American University’s Byblos campus. Up to 50 school teams - [Fekretak Sherketak to Host Data Protection Compliance Seminar in Cairo](https://menastartupdigest.com/fekretak-sherketak-to-host-data-protection-compliance-seminar-in-cairo/): Fekretak Sherketak will host a free legal seminar on compliance with data protection laws in partnership with Al-Tabakh Legal Foundation on 28 October 2026 in Cairo. The session will cover data held by startups, including data types and lifecycle management, the legal rights of customers and users, data protection governance, core compliance requirements, and handling - [Electric Plant Raises $11.2M to Decode Plants’ Electrical Signals with AI](https://menastartupdigest.com/electric-plant-raises-11-2m-to-decode-plants-electrical-signals-with-ai/): Electric Plant has raised $11.2 million in seed funding to bring its plant-monitoring sensors and Bombadil AI model to market. The round was led by Onto Ventures and Climactic, with participation from Ponderosa, Endeavor Catalyst, Ludlow, Michigan Rise, The Fund, Schox VC and Dug Song. Founded by Justin Mast and neuroscientist Lee von Kraus, the - [VC 360 Workshop to Cover Venture Capital and Startup Evaluation](https://menastartupdigest.com/vc-360-workshop-to-cover-venture-capital-and-startup-evaluation/): VC 360, an online workshop led by Khalid Elkhidir, will introduce participants to the fundamentals of venture capital, startup evaluation and informed investment decision-making. The free workshop will take place on Sunday, October 25, 2026, from 4:00 to 5:30 PM via Zoom. Register for VC 360 Source: Luma - [Namal Launches Social Investment Program for Entrepreneurs in Saudi Arabia](https://menastartupdigest.com/namal-launches-social-investment-program-for-entrepreneurs-in-saudi-arabia/): Namal Social Investment Company, in partnership with the Social Development Bank, has launched the Social Investment for Entrepreneurs program for founders with ideas and projects focused on social impact. The free, intensive program will run over three days in Riyadh, Dammam and Jeddah, with five hours of training each day. It combines core entrepreneurship skills - [Algeria Venture and WIPO Open Applications for IP Business Center](https://menastartupdigest.com/algeria-venture-and-wipo-open-applications-for-ip-business-center/): Algeria Venture and the World Intellectual Property Organization (WIPO) have opened applications for their Algeria IP for Business Center, targeting startups and small and medium-sized enterprises developing innovative products, technologies, brands or know-how. The initiative will help participating businesses strengthen their intellectual property strategies and explore ways to protect and commercialise their innovations. Applicants from - [Binance Launches Qafila 2026 With $1M in Rewards Across MENA and Pakistan](https://menastartupdigest.com/binance-launches-qafila-2026-with-1m-in-rewards-across-mena-and-pakistan/): Binance has launched Qafila 2026, a regional initiative for eligible users across the Middle East, North Africa and Pakistan, with a total reward pool of $1M in USDC. The initiative brings users together through activities including trading, Simple Earn and community referrals. Tasks, eligibility requirements and rewards will vary by market and user, subject to - [Inception Launches Mercury 3 AI Model at 1,068 Tokens per Second](https://menastartupdigest.com/inception-launches-mercury-3-ai-model-at-1068-tokens-per-second/): Inception has launched Mercury 3, a diffusion-based large language model that the company says can generate up to 1,068 tokens per second on Nvidia GPUs and handle a 1-million-token context window. According to Inception, Mercury 3 is four to eight times faster than comparable speed-optimized models and matches or outperforms GPT-6 Luna and Claude Haiku - [Capital University Student Named Hult Prize Campus Director for 2026/2027](https://menastartupdigest.com/capital-university-student-named-hult-prize-campus-director-for-2026-2027/): A student from Capital University’s Cybersecurity Technology programme has been officially accepted as Campus Director for the Hult Prize during the 2026/2027 academic year. Maryam Ahmed Fathi Mohamed El-Sayed El-Nablawy will work with students from the programme and the wider university to promote the competition, organise campus activities and run internal rounds to identify promising - [CNTXT AI Surpasses $300M Revenue Run Rate and Opens Silicon Valley Office](https://menastartupdigest.com/cntxt-ai-surpasses-300m-revenue-run-rate-and-opens-silicon-valley-office/): Jordanian entrepreneur Mohammad Abu Sheikh’s CNTXT AI has exceeded a $300 million annual revenue run rate and opened its first US office in the San Francisco Bay Area, according to the company. The Abu Dhabi-based data and artificial intelligence startup said most of its revenue comes from major US cloud infrastructure providers, AI developers and - [Arabian Gulf University and National Center for Cybersecurity Discuss Joint Research](https://menastartupdigest.com/arabian-gulf-university-and-national-center-for-cybersecurity-discuss-joint-research/): Arabian Gulf University has met with the National Center for Cybersecurity to explore cooperation in cybersecurity research and innovation, including shared priorities and potential joint research initiatives. The discussions covered Bahrain’s National Cybersecurity Strategy 2025–2028 and its focus on scientific research and innovation as key pillars of the cybersecurity ecosystem. Participants also examined how artificial - [Arbisoft and Tamkeen Sign MoU for AI-Enhanced Training in Saudi Arabia](https://menastartupdigest.com/arbisoft-and-tamkeen-sign-mou-for-ai-enhanced-training-in-saudi-arabia/): Arbisoft and Tamkeen Financial Training Company have signed a memorandum of understanding to develop AI-enhanced e-learning and training programs for private companies, government entities and SMEs across Saudi Arabia. The agreement, fully executed on October 1, brings together Arbisoft’s expertise in artificial intelligence, data engineering, software development, analytics and digital platforms with Tamkeen’s accredited training - [Ebdaa and Key Link Corp Partner to Support Bahrain Entrepreneurs](https://menastartupdigest.com/ebdaa-and-key-link-corp-partner-to-support-bahrain-entrepreneurs/): Ebdaa Microfinance Company has signed a partnership agreement with Bahrain-based business services provider Key Link Corp to expand support for entrepreneurs and owners of small and micro-enterprises. The collaboration will connect Ebdaa’s customers with financial solutions, professional expertise and specialised business services, according to the announcement. The partners aim to help business owners address operational - [KFH-Bahrain Named Best Islamic Financial Institution and Best Bank in Bahrain for 2026](https://menastartupdigest.com/kfh-bahrain-named-best-islamic-financial-institution-and-best-bank-in-bahrain-for-2026/): Kuwait Finance House-Bahrain (KFH-Bahrain) has been named “Best Islamic Financial Institution in Bahrain” and “Best Bank in Bahrain” for 2026 by Global Finance magazine. The annual awards assess banks based on factors including asset growth, profitability, product innovation, service quality and customer satisfaction. The evaluation also draws on feedback from analysts and financial industry experts - [UAE Healthtech Startup Vitalls Secures $1.5M Investment From EST Growmore](https://menastartupdigest.com/uae-healthtech-startup-vitalls-secures-1-5m-investment-from-est-growmore/): UAE-based healthtech startup Vitalls has secured a $1.5 million investment commitment from Singapore-based EST Growmore as part of its seed round, with an option for a further $1 million investment. Founded in 2023 by Mehdi Bouchenak, Vitalls is developing an AI-powered digital health passport that allows individuals and families to securely store, manage and share - [Flat6Labs Partners with Idealab.ai to Offer 1.2M AI-Generated Business Ideas](https://menastartupdigest.com/flat6labs-partners-with-idealab-ai-to-offer-1-2m-ai-generated-business-ideas/): Flat6Labs has partnered with US-based Idealab.ai to bring the platform’s free library of more than 1.2 million AI-generated business ideas to entrepreneurs across its network in the Middle East, Africa and other markets. Idealab.ai, launched by entrepreneur Bill Gross, said it analyzed more than 17 million sources, including scientific research, patents, company filings, economic articles - [Egypt Launches Chat EGYPT AI Platform to Counter Rumours](https://menastartupdigest.com/egypt-launches-chat-egypt-ai-platform-to-counter-rumours/): Egypt’s Cabinet Media Centre has launched Chat EGYPT, an AI-powered platform designed to track, verify and respond to rumours using information from official sources. Unveiled at Egypt Forum 2026, the platform analyses text, images and videos, placing them in their timeline and factual context to help identify misleading or manipulated content. More than 21,000 data - [Creativa Alexandria Opens Applications for GENOVATE 2026 Hackathon](https://menastartupdigest.com/creativa-alexandria-opens-applications-for-genovate-2026-hackathon/): Creativa Alexandria has opened applications for GENOVATE 2026, a startup development program for teams building technology solutions in education, workforce development and healthcare. The hackathon is open to teams of three to five members. Participants can apply through either the Edu-Tech track, covering areas such as AI-powered learning, workforce upskilling and digital education, or the - [HBKU Launches Cycle 5 of REYADA Program to Accelerate Student-Led Ventures in Qatar](https://menastartupdigest.com/hbku-launches-cycle-5-of-reyada-program-to-accelerate-student-led-ventures-in-qatar/): The Office of Innovation and Industrial Relations (OIIR) at Hamad Bin Khalifa University (HBKU) has officially launched the fifth cycle of its REYADA program. Delivered in strategic partnership with Qatar Development Bank, the initiative is designed to foster entrepreneurial growth and innovation within the university ecosystem. Empowering Early-Stage Innovation The latest cycle of REYADA has - [LiaPay Wins Most Innovative App 2026 at Dubai Chamber Competition](https://menastartupdigest.com/liapay-wins-most-innovative-app-2026-at-dubai-chamber-competition/): UAE fintech startup LiaPay has been named the winner of the Most Innovative App 2026 award at the Create Apps Competition, organized by the Dubai Chamber of Digital Economy. The company said the award recognizes the work behind its platform, which is designed to help employees access and manage earned income. LiaPay positions the app - [Thara Connect Forum to Bring Founders and Investors Together in Ajman on 29 October](https://menastartupdigest.com/thara-connect-forum-to-bring-founders-and-investors-together-in-ajman-on-29-october/): Thara will launch its Investment and Entrepreneurship Ecosystem and host the first Thara Connect Forum in Ajman on 29 October 2026. The event will bring together founders, investors, government representatives and business leaders at Thara Hub. It is open to technology and non-technology ventures worldwide, from idea-stage startups to established companies. Founders can present their - [AION Wins First Place at Arab Bank’s AB Xelerate Bootcamp](https://menastartupdigest.com/aion-wins-first-place-at-arab-banks-ab-xelerate-bootcamp/): Jordanian financial intelligence startup AION has won first place at the AB Xelerate Bootcamp, according to an announcement from the company. AION is building AI-native software for financial institutions. Its products analyse an institution’s own data, identify emerging changes, explain why they matter and deliver the findings to relevant teams. The company said its software - [Jordan’s ReadyGo Takes Second Place at AB Xelerate AI Bootcamp](https://menastartupdigest.com/jordans-readygo-takes-second-place-at-ab-xelerate-ai-bootcamp/): ReadyGo, a startup building compliance infrastructure from Jordan, won second place at the AB Xelerate Multi-Agent & Enterprise AI Bootcamp. The Amman-based company said the week-long experience gave its team new perspectives, industry connections and greater conviction in its product direction. The team also credited the ABX organisers and mentors, including Fawzi Rahal, for their - [Expertise France Opens Lebanon Call to Support Women-Led Businesses](https://menastartupdigest.com/expertise-france-opens-lebanon-call-to-support-women-led-businesses/): Expertise France has opened a call for Lebanese non-profit Business Development Organizations to support women-led businesses through the EU-funded Women Empowerment Hub (WE-HUB) project. The selected organization will manage an integrated support mechanism combining financial assistance with business development support, implementation follow-up, financial oversight, compliance and risk management. The program is designed to strengthen the - [Peleset Angels to Host Free Ecosystem-Led Growth Session on October 22](https://menastartupdigest.com/peleset-angels-to-host-free-ecosystem-led-growth-session-on-october-22/): Peleset Angels will host a free online session on ecosystem-led growth on Thursday, October 22, bringing together founders, investors and ecosystem builders focused on Palestinian innovation. The session will run from 4:00 to 5:00 PM GMT+2 on Zoom. Bader Hamdan, founder and CEO of PartneringX, will discuss how startups can use partnerships and broader ecosystems - [Qatar Startup Vora Wins Startup World Cup Regional Competition](https://menastartupdigest.com/qatar-startup-vora-wins-startup-world-cup-regional-competition/): Qatar-based startup Vora has won the Qatar regional round of the Startup World Cup, securing a place in the competition’s 2026 Grand Finale in San Francisco. Vora will compete against startups from around the world for a $1M investment prize. The event is organised by Pegasus Tech Ventures. Founded in 2025, Vora develops hardware and - [almentor Business and Udemy Business Announce Skills Development Partnership](https://menastartupdigest.com/almentor-business-and-udemy-business-announce-skills-development-partnership/): almentor Business and Udemy Business have announced a new partnership aimed at expanding learning and skills development opportunities for organisations across the region. The partnership brings together Udemy Business’s expertise in skills development with almentor’s understanding of the needs of institutions in Arab markets, according to the announcement. The collaboration was discussed during a meeting - [HBKU Innovation Center Launches Fifth REYADA Cycle with Qatar Development Bank](https://menastartupdigest.com/hbku-innovation-center-launches-fifth-reyada-cycle-with-qatar-development-bank/): The fifth cycle of the REYADA program has officially launched at Hamad Bin Khalifa University's (HBKU) Office of Innovation and Industrial Relations (OIIR) - Innovation Center. Delivered in partnership with the Qatar Development Bank (QDB), the initiative focuses on nurturing student-led entrepreneurship within the university ecosystem. Over 25 early-stage ideas, spearheaded by both graduate and - [Sanabil Startup Unlocked by 500 Global Announces Batch 5 Lineup](https://menastartupdigest.com/sanabil-startup-unlocked-by-500-global-announces-batch-5-lineup/): The highly anticipated Sanabil Startup Unlocked by 500 Global has officially revealed the final group of founders joining its Batch 5 program. Scheduled to take place from October 11 to October 15, 2026, in Riyadh, Saudi Arabia, the program is designed to empower early-stage regional founders to refine their operations, unlock new growth opportunities, and - [Oman-Founded 44.01 Secures $11.7m Carbon Removal Deal From Frontier](https://menastartupdigest.com/oman-founded-44-01-secures-11-7m-carbon-removal-deal-from-frontier/): Oman-founded carbon removal company 44.01 has secured $11.7M in offtake agreements from US-based Frontier to remove and permanently store 20,932 tons of carbon dioxide between 2028 and 2031. The deal is Frontier’s first purchase based on in-situ mineralization, a process that converts captured carbon dioxide into solid minerals underground. Frontier makes carbon removal purchases on - [UAE Explores Robotics Partnerships to Automate Local Factories](https://menastartupdigest.com/uae-explores-robotics-partnerships-to-automate-local-factories/): The UAE has wrapped up its participation in the China International Industry Fair 2026 in Shanghai, using the event to explore partnerships in robotics, smart manufacturing and industrial automation. A delegation led by Hasan Jasem Al Nowais, Undersecretary of the Ministry of Industry and Advanced Technology, met Chinese companies including HIKROBOT, ESTUN, HollySys, Inovance, ABB - [Al Ezdihar and K Link Corp Sign Partnership to Support Bahrain Entrepreneurs](https://menastartupdigest.com/al-ezdihar-and-k-link-corp-sign-partnership-to-support-bahrain-entrepreneurs/): Al Ezdihar Microfinance has signed a partnership agreement with Bahrain-based company formation and business services provider K Link Corp to expand services for entrepreneurs and owners of small and micro businesses in the kingdom. According to the announcement, the agreement will broaden the benefits available to Al Ezdihar customers by combining financing with support services - [Suez Canal University Hosts Conference on Smart Tourism and Entrepreneurship](https://menastartupdigest.com/suez-canal-university-hosts-conference-on-smart-tourism-and-entrepreneurship/): Suez Canal University hosted the 16th international conference of the Association of Arab Tourism and Hospitality Colleges, Institutes and Departments on October 20, 2026, bringing together academics, researchers and tourism professionals to discuss technology-led growth in the sector. Held under the theme of entrepreneurship in tourism and hospitality, the conference focused on the use of - [Saudi Code Launches Second CVC Corporate Innovation Program with Plug and Play](https://menastartupdigest.com/saudi-code-launches-second-cvc-corporate-innovation-program-with-plug-and-play/): Saudi Arabia’s Digital Entrepreneurship Center, Code, has launched the second edition of its Corporate Venture Capital (CVC) program in partnership with Plug and Play. The program is designed to help leaders at Saudi companies adopt open innovation, work with startups and develop corporate investment models. It focuses on moving companies from understanding innovation to applying - [Oman’s Firdaws Biotechnology Wins Global Award for Climate Resilience and Water Security](https://menastartupdigest.com/omans-firdaws-biotechnology-wins-global-award-for-climate-resilience-and-water-security/): Omani startup Firdaws Biotechnology has won first place in the climate resilience and water security category at the sixth Youth-Led Innovation Awards for Startups, held during the World Food Forum 2026 in Rome. The company was selected from 801 startups across 111 countries after multiple evaluation rounds involving more than 60 international judges. The final - [Takalam and Unilabs Middle East and Expand Access to Diagnostics Through App](https://menastartupdigest.com/takalam-and-unilabs-middle-east-and-expand-access-to-diagnostics-through-app/): Unilabs Middle East and Takalam have expanded their collaboration to make selected diagnostic services and health packages available directly through the Takalam app. Users will be able to explore and book eligible Unilabs services through the platform, bringing diagnostic testing and mental wellbeing support into a single digital journey. The companies said the initiative is - [MNT-Halan Shares Begin Trading on EGX After 43.6x Oversubscribed IPO](https://menastartupdigest.com/mnt-halan-shares-begin-trading-on-egx-after-43-6x-oversubscribed-ipo/): MNT-Halan has begun trading on the Egyptian Exchange under the ticker HALN.CA, following an IPO that drew strong demand from institutional and retail investors. The public tranche was oversubscribed 43.6 times and attracted more than 41,500 subscription orders. The private tranche was covered 11.2 times, rising to 19.4 times excluding cornerstone investors, according to the - [Qatar Approves National Center for AI to Lead Strategy and Regulation](https://menastartupdigest.com/qatar-approves-national-center-for-ai-to-lead-strategy-and-regulation/): Qatar has approved the creation of a National Center for Artificial Intelligence within the Ministry of Communications and Information Technology, placing a new government unit at the center of the country’s AI policy efforts. Emir Sheikh Tamim bin Hamad Al Thani ratified Cabinet Decision No. 34 of 2026, which establishes the center and sets out - [FII Institute Postpones 10th Annual Conference in Riyadh to 2027](https://menastartupdigest.com/fii-institute-postpones-10th-annual-conference-in-riyadh-to-2027/): The Future Investment Initiative (FII) Institute has postponed its 10th annual conference in Riyadh to 2027. The event was previously scheduled for October 26–29, 2026, while new dates are expected to be announced later. The Institute said the delay will help ensure the conference meets the expectations of its partners and participants. Existing registrations and - [Palestinan-Founded Databuddy Analytics Raises $500K from Y Combinator](https://menastartupdigest.com/palestinan-founded-databuddy-analytics-raises-500k-from-y-combinator/): US-based AI analytics startup Databuddy Analytics has raised $500K in seed funding from Y Combinator, bringing its total funding to more than $560K. The round also included investments from Maza Ventures and the a16z Scout programme. Founded in 2026 by Palestinian entrepreneur Issa Nassar, Databuddy develops a product analytics platform that uses AI to identify - [Dubai-based CapQuest Raises $1M Pre-Seed to Expand Internationally](https://menastartupdigest.com/dubai-based-capquest-raises-1m-pre-seed-to-expand-internationally/): Dubai-based fintech startup CapQuest has raised $1M in a pre-seed round led by Oraseya Capital and AMKM Family Office, with plans to accelerate product development and expand its international presence. Founded in 2023 by Antoine Bruna, Marco Banfi and Anvita Varshney, CapQuest provides software for managing ownership structures, cap tables, employee stock ownership plans, vesting - [Amman Arab University and Entro Gate Sign Entrepreneurship and Innovation MoU](https://menastartupdigest.com/amman-arab-university-and-entro-gate-sign-entrepreneurship-and-innovation-mou/): Amman Arab University has signed a cooperation memorandum with Entro Gate to support entrepreneurship and innovation among its students. The agreement was signed by university president Professor Mohammad Al-Widyan and Entro Gate CEO Samar Obaidat. It aims to strengthen the university’s educational environment by helping students develop creative ideas into viable entrepreneurial projects and build - [Al Mouj Muscat to Host Second Young Entrepreneurs Market for 100 Omani Youth](https://menastartupdigest.com/al-mouj-muscat-to-host-second-young-entrepreneurs-market-for-100-omani-youth/): Al Mouj Muscat will host the second edition of its Young Entrepreneurs Market on October 23 and 24 at Al Mouj Walk, bringing together around 100 Omani participants aged 11 to 18. Held under the theme “From Idea to Impact,” the market will give young participants the chance to turn their ideas into commercial projects - [Alibaba Launches Plan to Scale 1,000 Chinese Factory Brands and 100 AI Hardware Companies](https://menastartupdigest.com/alibaba-launches-plan-to-scale-1000-chinese-factory-brands-and-100-ai-hardware-companies/): Alibaba’s AliExpress and Tmall have launched a joint program to help Chinese brands, factory manufacturers and AI hardware companies expand domestically and overseas. Announced on October 19 in Shenzhen, the China Brand Global Growth Program will provide major brands with dedicated service teams and support covering areas such as brand protection and marketing. Midea, Haier - [Morocco’s IMAL Named Among Five Winners of Global Climate Finance Accelerator](https://menastartupdigest.com/moroccos-imal-named-among-five-winners-of-global-climate-finance-accelerator/): Moroccan think tank IMAL Initiative for Climate and Development has been selected as one of five global winners of the Global Capacity Building Coalition (GCBC) Accelerator, a program focused on helping developing economies strengthen climate finance systems. The Rabat-based organization was chosen from 65 applicants, including think tanks, public institutions, private companies and academic organizations. - [Lebanese Startup ouda.ai Surpasses 2,000 Users in Three Weeks](https://menastartupdigest.com/lebanese-startup-ouda-ai-surpasses-2000-users-in-three-weeks/): Lebanese startup ouda.ai has attracted more than 2,000 users within three weeks of launching its AI-powered home renovation platform, according to the company. The platform allows users to redesign rooms with AI and connect the items shown in their designs to real products from local retailers, including pricing and vendor information. Users can explore furniture, - [Dyna.Ai and Bahrain FinTech Bay Partner on AI Solutions for Bahrain’s Financial Sector](https://menastartupdigest.com/dyna-ai-and-bahrain-fintech-bay-partner-on-ai-solutions-for-bahrains-financial-sector/): Dyna.Ai and Bahrain FinTech Bay have signed a partnership to introduce AI solutions to businesses in Bahrain and the wider GCC, with an initial focus on financial services. The agreement was signed at Fintech Forward 2026 in Manama. Under the partnership, Bahrain FinTech Bay will support activities including events and workshops, while Singapore-headquartered Dyna.Ai will - [Arabian Gulf University Explores Social Innovation at Technology Management Lecture](https://menastartupdigest.com/arabian-gulf-university-explores-social-innovation-at-technology-management-lecture/): Arabian Gulf University hosted an interactive lecture on social innovation and social entrepreneurship as part of the activities of the Shaikh Isa bin Salman Al Khalifa Chair in Technology Management. Organized by the Department of Business Administration and the Innovation Management Program, the session brought together academics, students and alumni. Prof. Dr. Ouda Al-Jaiyousi discussed - [tpay Named Vodafone Qatar’s Direct Operator Billing Aggregator](https://menastartupdigest.com/tpay-named-vodafone-qatars-direct-operator-billing-aggregator/): Vodafone Qatar has selected tpay as its direct operator billing (DOB) aggregator after a competitive request for proposal process. DOB enables customers to pay for eligible digital products and services through their mobile number. Under the agreement, tpay will connect Vodafone Qatar’s billing system with merchants and digital service providers offering the payment option. Businesses - [etisalat UAE Becomes First MENA Telecom Operator to Receive ISO AI Governance Certification](https://menastartupdigest.com/etisalat-uae-becomes-first-mena-telecom-operator-to-receive-iso-ai-governance-certification/): etisalat UAE has become the first telecommunications operator in the Middle East and North Africa to receive accredited ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System, according to the company. The certification followed an independent assessment by LRQA, a global assurance and certification provider accredited by the United Kingdom Accreditation Service. ISO/IEC 42001:2023 is - [G42 and AMI Labs Sign Non-Binding MoUs on World Models](https://menastartupdigest.com/g42-and-ami-labs-sign-non-binding-mous-on-world-models/): Abu Dhabi-based technology group G42 and its portfolio company Analog have signed non-binding memoranda of understanding with Paris-based Advanced Machine Intelligence (AMI Labs), the frontier AI company co-founded by Turing Award laureate Yann LeCun. The agreements were signed during the UAE-France Business Dialogue in Abu Dhabi and cover world models, AI infrastructure, sovereign-enabled cloud and - [Qatar’s Rafeeq Partners with Startup Grind Doha to Support Tech Startups](https://menastartupdigest.com/qatars-rafeeq-partners-with-startup-grind-doha-to-support-tech-startups/): Qatari super app Rafeeq has partnered with Startup Grind Doha to give early-stage startups opportunities to integrate with and pilot their products across its logistics and e-commerce infrastructure. The collaboration is intended for founders whose technologies or services complement Rafeeq’s operations. According to the announcement, selected startups could gain access to Rafeeq’s platform, partner network - [Chocolate Finance Launches Investment Platform in the UAE](https://menastartupdigest.com/chocolate-finance-launches-investment-platform-in-the-uae/): Chocolate Finance has launched in the UAE, expanding its investment services beyond Singapore and Hong Kong. UAE residents and international non-residents can open accounts and invest in UAE dirhams, US dollars or both. The platform offers returns of 4.4% per year on the first AED 100,000 or US$25,000, with returns of up to 4.4% on - [CBUAE Clears Mawarid Finance and Liabify for MSME Financing and Earned Wage Access](https://menastartupdigest.com/cbuae-clears-mawarid-finance-and-liabify-for-msme-financing-and-earned-wage-access/): The Central Bank of the UAE (CBUAE) has issued a no-objection allowing Mawarid Finance to provide financing to micro, small and medium-sized enterprises (MSMEs) with Liabify. The companies plan to offer payroll-linked financing and earned wage access (EWA) to employees in the UAE through LiaPay, which Liabify describes as an AI-powered financial wellness platform. Under - [Kuwait-Based TheQA Raises More Than $550K in Pre-Seed Funding](https://menastartupdigest.com/kuwait-based-theqa-raises-more-than-550k-in-pre-seed-funding/): Kuwait-based AI market research startup TheQA has raised more than $550,000 in pre-seed funding from a Kuwaiti family office and strategic angel investors. The company said the funding will support its expansion in Kuwait and the development of its consumer research and data analysis capabilities. TheQA’s platform helps companies, agencies and researchers create surveys, identify - [QSTP and Microsoft Bring Startup Program to Qatar’s Founders](https://menastartupdigest.com/qstp-and-microsoft-bring-startup-program-to-qatars-founders/): Qatar Science & Technology Park (QSTP) has partnered with Microsoft to bring the Microsoft for Startups programme to its startup community, giving eligible founders access to cloud and AI technologies, technical expertise and go-to-market support. QSTP has nominated 105 startups for the programme, with 47 currently active, up from 32 in August. The participating startups - [Nabesh Launches AI-Assisted Jobs Platform for Syria](https://menastartupdigest.com/nabesh-launches-ai-assisted-jobs-platform-for-syria/): Nabesh has launched a recruitment platform designed to connect job seekers in Syria with local and remote opportunities. The platform lets users create one professional profile from their CV, browse openings, apply using that profile and track each application through stages such as submission, employer contact, interview and closure. Creating a profile and applying for - [Sudan Angel Investor Study Finds Capital Is Available but Infrastructure Is Missing](https://menastartupdigest.com/sudan-angel-investor-study-finds-capital-is-available-but-infrastructure-is-missing/): A new study of 105 investors and aspiring investors across Sudan and its diaspora suggests that capital exists for Sudanese businesses, but the market lacks the structures needed to deploy it effectively. Produced by 249Startups, the study found that 60% of respondents are actively looking for investment opportunities, while 92% require or prefer Sharia-compliant structures. - [YallaGo! Announces Partnership with Syriatel at SYNC Conference](https://menastartupdigest.com/yallago-announces-partnership-with-syriatel-at-sync-conference/): Syrian super app YallaGo! has announced a new partnership with Syriatel Mobile Telecom, bringing together two local companies to expand collaboration and create new opportunities in the Syrian market. The announcement was made during the SYNC conference. According to YallaGo!, the partnership reflects a shared vision to get closer to users and improve their everyday - [Tech for Palestine and Thaura Set Barcelona Hackathon for October 31](https://menastartupdigest.com/tech-for-palestine-and-thaura-set-barcelona-hackathon-for-october-31/): Tech for Palestine and ethical AI platform Thaura.ai will host a one-day hackathon in Barcelona on October 31, bringing together up to 100 engineers, creatives, strategists and observers to develop alternatives to complicit technology. The event will take place from 9:00 to 19:00 at Canodrom as part of Mozilla Festival. Participants will work on one - [BADER Opens Applications for 25 Lebanese Social Enterprises](https://menastartupdigest.com/bader-opens-applications-for-25-lebanese-social-enterprises/): Applications are open for BĀDER, a new programme supporting 25 established social and solidarity economy (SSE) entities in Lebanon with tailored business support and access to financing. The project is being launched by the International Labour Organization, Alfanar Venture Philanthropy and Lebanese microfinance institution Al Majmoua under the PROSPECTS programme, funded by the Kingdom of - [AlMaarefa University Opens Applications for Second Knowledge Incubator Program](https://menastartupdigest.com/almaarefa-university-opens-applications-for-second-knowledge-incubator-program/): AlMaarefa University has opened applications for the second edition of its Knowledge Incubator, a three-month program supporting artificial intelligence, deep technology and other innovative projects across sectors.The program is designed for ventures at different stages, from early ideas and prototypes to operating projects. Support includes funding for eligible projects, expert mentorship, business model and product - [Scalehub Riyadh Event to Explore Exits from Tech Startups](https://menastartupdigest.com/scalehub-riyadh-event-to-explore-exits-from-tech-startups/): Scalehub will host a Riyadh event focused on local experiences in exiting technology companies, bringing together investment fund managers and members of the startup ecosystem. The event, titled “Local Experiences in Tech Startup Exits,” will take place on Wednesday, October 21, from 7:00 PM to 9:30 PM GMT+3 in Riyadh. The exact venue will be - [Evos Emerges from Stealth with $9M Pre-Seed Round](https://menastartupdigest.com/evos-emerges-from-stealth-with-9m-pre-seed-round/): Evos has emerged from stealth with $9M in pre-seed funding to develop an agentic operations platform for businesses in the physical economy. The round was co-led by Field Ventures and Uncork Capital, with participation from Crosslink Capital, Utopia Capital Management and angel investors. Evos said its platform turns human expertise into autonomous work by codifying - [C3 Highlights Five Environmental Startups in MENAT Accelerator Cohort](https://menastartupdigest.com/c3-highlights-five-environmental-startups-in-menat-accelerator-cohort/): C3 - Companies Creating Change has spotlighted five initiatives from its C3 Nature Impact Accelerator, in partnership with HSBC, working on environmental challenges across the UAE, Egypt and Türkiye. The featured initiatives include Archireef, which develops 3D-printed reef tiles and seawall panels for marine restoration; Agrona for Sustainable Composites, which turns agricultural waste into tree-free - [Thara X Opens Paid Mentor Applications Ahead of Ajman Launch](https://menastartupdigest.com/thara-x-opens-paid-mentor-applications-ahead-of-ajman-launch/): Thara X, the incubation and acceleration arm of the upcoming Thara Investment & Entrepreneurship Ecosystem in Ajman, is recruiting mentors for its first cohort. The paid network is open to founders, business owners, executives, investors and specialists from technology and traditional industries. Mentors can support startups across areas including customer validation, product development, strategy, pricing, - [Gingo Foundation Launches Madinah Tech Cultivator for International Startups](https://menastartupdigest.com/gingo-foundation-launches-madinah-tech-cultivator-for-international-startups/): Gingo Foundation has launched the Madinah Tech Cultivator, its first Cultivator program, in partnership with Madinah Regional Municipality. The initiative brings international startups to Madinah to develop and test technologies addressing the city’s urban challenges. Founders will work directly with local stakeholders to validate their solutions, launch pilot projects and explore opportunities for wider implementation, - [Her Startup Opens Applications for Cohort 2.0, Offering Training and Up to $5,000 in Funding](https://menastartupdigest.com/her-startup-opens-applications-for-cohort-2-0-offering-training-and-up-to-5000-in-funding/): Her Startup has opened applications for its second cohort, supporting women-led, tech-enabled businesses across Africa with training, stipends, mentorship and potential startup funding. The program is open to female founders, co-founders or CEOs aged 18 to 35. Applicants must run an African business with an MVP or existing product, generate at least $500 in monthly - [Qai and Hugging Face Open Applications for Doha AI Hackathon](https://menastartupdigest.com/qai-and-hugging-face-open-applications-for-doha-ai-hackathon/): Qai and Hugging Face are accepting applications for a 48-hour AI hackathon taking place in Doha from 5 to 7 November 2026. The in-person event will bring together developers, engineers and students to build working AI solutions using open-source tools on Hugging Face. Teams will pitch their projects as live demos to a panel of - [Sulfa Partners With Al Baraka Bank Syria to Offer Sharia-Compliant Buy Now, Pay Later](https://menastartupdigest.com/sulfa-partners-with-al-baraka-bank-syria-to-offer-sharia-compliant-buy-now-pay-later/): Al Baraka Bank Syria has signed a memorandum of understanding with Sulfa Business for Technology Solutions, the company behind the Sulfa platform, to provide buy now, pay later financing based on Murabaha. The partnership will connect participating online merchants with the bank’s digital financing platform. Sulfa customers can select products from participating stores and follow - [Ajab Wen App Surpasses 500,000 Visits in Aleppo](https://menastartupdigest.com/ajab-wen-app-surpasses-500000-visits-in-aleppo/): Ajab Wen, a digital platform focused on daily services in Aleppo, has recorded more than 500,000 visits, according to founder and CEO Ammar Morgan. The platform helps residents find information on petrol stations, pharmacies, doctors, public transport, restaurants and other local services. Its website describes Ajab Wen as an independent, community-led initiative that is not - [Bahrain FinTech Bay Opens Applications for 2026 NBB Innovation Program](https://menastartupdigest.com/bahrain-fintech-bay-opens-applications-for-2026-nbb-innovation-program/): Bahrain FinTech Bay has opened applications for the 2026 NBB Innovation Programme, a four-week, in-person initiative for Bahrain-based innovators and early-stage startups developing fintech or AI ideas. The programme will run from January 4 to 28, 2027, at Bahrain FinTech Bay in Arcapita. Applicants must be at least 21 and can apply with an idea - [LvlUp Ventures Expands Ecosystem to More Than 1,000 Companies](https://menastartupdigest.com/lvlup-ventures-expands-ecosystem-to-more-than-1000-companies/): LvlUp Ventures, a venture capital firm founded in 2023, has expanded its startup ecosystem to more than 1,000 companies across 15 funds and programs, according to the company. Co-founded by Aaron Golbin, who serves as co-founder and general partner, LvlUp has also built an Innovation Alliance of more than 750 corporate and investment partners. Its - [Fayoum University Launches Student Startup Competition with 40 Projects](https://menastartupdigest.com/fayoum-university-launches-student-startup-competition-with-40-projects/): Fayoum University in Egypt has launched “Who Gets the Cup,” a competition featuring around 40 student projects focused on entrepreneurship, innovation and applied solutions. Organized by the university’s TAYCO Office in partnership with the General Department for Student Welfare, the competition was held at the university’s Central Library. It aims to help students develop innovative - [FoodSwap App shortlisted for Arabian Business Industry Awards 2026](https://menastartupdigest.com/foodswap-app-shortlisted-for-arabian-business-industry-awards-2026/): Abu Dhabi-based FoodSwap App has been shortlisted for Startup of the Year at the Arabian Business Industry Awards 2026. The company, which describes itself as an AI-powered menu management platform for restaurants, is listed as FoodSwap AI in Arabian Business’ published shortlist. It is competing alongside CNTXT AI, Flash Facial, Hign Al Khaleej, Luxury for - [Morocco Earns Nine Nominations for 2026 Women in Tech MENA Awards](https://menastartupdigest.com/morocco-earns-nine-nominations-for-2026-women-in-tech-mena-awards/): Morocco has received nine nominations for the 2026 Women in Tech MENA Awards, recognizing women contributing to the country’s technology, entrepreneurship and innovation sectors. The fourth edition of the regional awards will take place in Cairo on November 14, bringing together technology professionals and innovators from across the Middle East and North Africa. Nominees include - [Forward·Inc Opens Applications for Free Arabic-Language Startup Booster](https://menastartupdigest.com/forward·inc-opens-applications-for-free-arabic-language-startup-booster/): Forward·Inc is accepting applications for its free Business and Start-Up Booster, a four-week program designed to help Arabic-speaking entrepreneurs across the Middle East and North Africa turn business ideas into practical projects. The program is open to people with an early-stage idea as well as founders already running a small business and looking to grow - [UNICEF Opens 2026 Femtech Ventures Call With Up to $100K in Funding](https://menastartupdigest.com/unicef-opens-2026-femtech-ventures-call-with-up-to-100k-in-funding/): UNICEF has opened applications for the 2026 cohort of Femtech Ventures, offering selected startups up to $100,000 in equity-free funding, 12 months of technical mentorship and access to its global network, including government relationships. The program is seeking companies using frontier technologies such as AI, machine learning, blockchain and data science to improve the health, - [Dubai-Based Ayan Raises Aed 2.2m to Track How AI Describes Brands](https://menastartupdigest.com/dubai-based-ayan-raises-aed-2-2m-to-track-how-ai-describes-brands/): Dubai-based agentic AI startup Ayan has raised AED 2.2 million ($600K) in pre-seed funding from strategic global business angels, according to the company. The round will support its expansion beyond the Middle East and North Africa. Ayan’s platform monitors how AI assistants describe brands and then acts on those insights across product pages, pre-launch campaigns - [UAE Ministries Launch Entrepreneurship Week Across Higher Education Institutions](https://menastartupdigest.com/uae-ministries-launch-entrepreneurship-week-across-higher-education-institutions/): The UAE Ministry of Higher Education and Scientific Research is partnering with the Ministry of Economy and Tourism to organise Entrepreneurship Week across six higher education institutions from October 19 to 22. Held under the UAE Entrepreneurs Capital initiative, the programme will showcase businesses and ideas created by students and graduates, while connecting them with - [Former e& CEO Hatem Dowidar Invests in Tactful AI’s Pre-Series A Extension](https://menastartupdigest.com/former-e-ceo-hatem-dowidar-invests-in-tactful-ais-pre-series-a-extension/): Tactful AI has added Hatem Dowidar, the former Group CEO of e&, to its investor base through a direct investment in the startup’s Pre-Series A extension round. The financial terms were not disclosed. Dowidar led e& from 2020 through March 2026 after joining the company as chief operating officer in 2015. He previously spent 16 - [HUB71 and Key Capital Sign MoU to Connect Abu Dhabi Startups with Global Investors](https://menastartupdigest.com/hub71-and-key-capital-sign-mou-to-connect-abu-dhabi-startups-with-global-investors/): Abu Dhabi-based technology ecosystem HUB71 has signed a memorandum of understanding with UAE-based Key Capital to expand startups’ access to international investors and capital. Under the agreement, Key Capital will join HUB71 as a capital partner and support startups seeking to enter international markets through investment guidance and connections. The firm will also take part - [Nvidia Launches Open Models for Enterprise Agents and Local AI PCs](https://menastartupdigest.com/nvidia-launches-open-models-for-enterprise-agents-and-local-ai-pcs/): Nvidia has launched a new set of open-weight models built for enterprise agents, edge computing and local AI workloads. The flagship Nemotron 3.5 Super VL has 120 billion parameters and is designed for enterprise use cases, including tool use and instruction following. Nvidia said it delivers accuracy comparable to its larger Nemotron 3 Ultra model - [Dubai Investments Plans 20% IPO of DIP Holding on Dubai Financial Market](https://menastartupdigest.com/dubai-investments-plans-20-ipo-of-dip-holding-on-dubai-financial-market/): Dubai Investments plans to offer 20% of its subsidiary DIP Holding in an initial public offering on the Dubai Financial Market, in what the company said would be the UAE’s first IPO of 2026. The offering will comprise around 1.735 billion existing shares. The subscription period is scheduled to run from October 27 to November - [Arab Youth Salon Launches Fourth Edition on AI and Entrepreneurship](https://menastartupdigest.com/arab-youth-salon-launches-fourth-edition-on-ai-and-entrepreneurship/): The Ministry of Youth and Sports, in cooperation with the Arab League, has launched the fourth edition of the Arab Youth Salon under the theme “Artificial Intelligence and Entrepreneurship.” The event brings together young people from 15 Arab countries, along with officials, technology specialists and others working in digital transformation and innovation. The salon aims - [Startup Syria Opens Applications for Elevate Damascus 2026](https://menastartupdigest.com/startup-syria-opens-applications-for-elevate-damascus-2026/): Startup Syria has opened applications for Elevate Damascus, a selective three-day residency for leaders and decision-makers shaping Syria’s entrepreneurship, investment and innovation ecosystem. The program will take place in Damascus from November 2 to 4, 2026, in collaboration with Blackbox and in partnership with Accelerate Prosperity. It will bring together experts, investors and founders for - [Qatar’s Snoonu Acquires US Restaurant Discovery App BiteSight](https://menastartupdigest.com/qatars-snoonu-acquires-us-restaurant-discovery-app-bitesight/): Qatar-based delivery and quick-commerce company Snoonu has acquired US restaurant discovery app BiteSight in its first international acquisition. The financial terms were not disclosed. The deal gives Snoonu ownership of BiteSight’s product, brand and core technology. BiteSight co-founders Bernardo Burbua Quiroga and Lucius McDaniel IV will join Snoonu to develop restaurant discovery features and expand - [UAE-Based Nabta Health Raises $3M in Second Pre-Series A Tranche](https://menastartupdigest.com/uae-based-nabta-health-raises-3m-in-second-pre-series-a-tranche/): UAE-based Nabta Health has raised $3M in the second tranche of its Pre-Series A round, led by Phoenix Venture Partners (PVP), as it shifts toward commercial expansion in preventive healthcare. Founded in 2017, the company said it will use the funding to accelerate its go-to-market strategy, expand enterprise offerings and build partnerships with employers, insurers - [Emirates NBD Becomes First MENA Bank to Deploy OpenAI Models with UAE In-Country Inference](https://menastartupdigest.com/emirates-nbd-becomes-first-mena-bank-to-deploy-openai-models-with-uae-in-country-inference/): Dubai-based Emirates NBD has partnered with OpenAI to deploy GPT models using in-country inference infrastructure in the UAE, making it the first bank in the MENA region to do so, according to the companies. The deployment will cover digital customer engagement, risk and compliance analytics, knowledge-intensive workflows and employee productivity. Emirates NBD will also connect - [Jordan’s HEYA Project Concludes Second Phase in Tafila](https://menastartupdigest.com/jordans-heya-project-concludes-second-phase-in-tafila/): The second phase of the HEYA project, which supports Jordanian and Syrian women in turning home-based projects into scalable businesses, has concluded in Tafila, Jordan. The initiative is being implemented by the Tafila Heritage Charitable Association and the Multiple Sclerosis Charitable Association, with funding from the European Union. It runs from 2025 to 2027 and - [Dubai Real GDP Reaches $128.8B in H1 2026, Down 2.3% Year on Year](https://menastartupdigest.com/dubai-real-gdp-reaches-128-8b-in-h1-2026-down-2-3-year-on-year/): Dubai’s real gross domestic product reached approximately $128.8 billion in the first half of 2026, down 2.3% from $131.8 billion during the same period last year, according to data from the Dubai Data and Statistics Establishment at Digital Dubai. GDP at current prices rose 0.2% year on year to around $137.4 billion, with performance differing - [Sam Altman’s World Expands AI Agent Identity Verification to Banks](https://menastartupdigest.com/sam-altmans-world-expands-ai-agent-identity-verification-to-banks/): World, co-founded by OpenAI CEO Sam Altman, is expanding its identity verification technology to banks and financial institutions as AI agents take on more tasks involving money and sensitive data. The company said its World ID for Agents service allows users to give an AI agent a verification proof linked to their identity. Financial institutions - [Dubai to Host AI Competition With $272,000 Prize at Dubai Future Week](https://menastartupdigest.com/dubai-to-host-ai-competition-with-272000-prize-at-dubai-future-week/): Dubai will host a live AI competition in November offering a $272,000 prize, as part of The Challenge initiative launched by the Dubai Future Foundation (DFF) ahead of Dubai Future Week. The AI Grandmaster contest will bring together 20 AI practitioners for elimination rounds testing AI orchestration, product thinking, integration and measurable outcomes. The winner - [Sharqia Governorate to Hold Free Entrepreneurship Workshops for Youth](https://menastartupdigest.com/sharqia-governorate-to-hold-free-entrepreneurship-workshops-for-youth/): Sharqia Governorate’s Population Unit will hold two free workshops to help young people and women develop business ideas and learn the basics of entrepreneurship and financial inclusion. Organised under the “Yalla Neshteghal” initiative, the workshops are designed for people interested in starting their own businesses. Sessions will cover the fundamentals of launching small projects, turning - [FAB Launches The Exchange Series on Responsible AI Governance](https://menastartupdigest.com/fab-launches-the-exchange-series-on-responsible-ai-governance/): First Abu Dhabi Bank (FAB) has launched The Exchange, a series focused on how organisations use, govern and scale artificial intelligence responsibly. The FAB AI Innovation Hub hosted the first invitation-only session at the bank’s headquarters in Abu Dhabi. The event brought together 30 participants from industry, academia and regulation, including AI practitioners, technology and - [Saudi FinTech Startup Vrtx Raises $3.6M Pre-Seed Round](https://menastartupdigest.com/saudi-fintech-startup-vrtx-raises-3-6m-pre-seed-round/): Saudi Arabia-based fintech startup Vrtx has raised $3.6 million in pre-seed funding to build infrastructure that helps businesses embed financial services into their products. Founded by Mishal Bin Slimah and Omar Shaaban, Vrtx is developing tools for wallets, payouts, card issuing, transfers and transaction processing. The founders previously worked together at Saudi digital financial platform - [botim money Connects UAE Users to GCash Wallets for Philippines Remittances](https://menastartupdigest.com/botim-money-connects-uae-users-to-gcash-wallets-for-philippines-remittances/): UAE fintech platform botim money has partnered with GCash to let users send funds directly to GCash wallets in the Philippines, expanding digital remittance access for Overseas Filipino Workers across the UAE-Philippines corridor. Recipients will be able to use the funds for bills, savings, investments and other digital financial services through the GCash ecosystem. Hesham - [Morocco Appoints Ahmed Rahhou to Lead Renamed AI Ministry](https://menastartupdigest.com/morocco-appoints-ahmed-rahhou-to-lead-renamed-ai-ministry/): Morocco has appointed Ahmed Rahhou to lead the newly renamed Ministry of Artificial Intelligence, Digital Transformation and Administrative Reform, as part of a government reshuffle sworn in by King Mohammed VI on Friday. Rahhou succeeds Amal El Fallah Seghrouchni, who had overseen digital transition and administrative reform since October 2024. The ministry’s previous mandate already - [DOO and Tanami Capital Named Joint Bahrain Startup of the Year Winners](https://menastartupdigest.com/doo-and-tanami-capital-named-joint-bahrain-startup-of-the-year-winners/): Bahraini startups DOO and Tanami Capital have been named joint winners of the Startup of the Year Award, recognising two ventures emerging from the kingdom’s startup ecosystem. DOO is an AI-powered customer experience and conversational automation platform focused on Arabic-first and Gulf dialect-aware AI agents. Tanami Capital is a regulated wealth technology platform based in - [Aden University and Soor Foundation Sign MoU to Support Entrepreneurship and Youth](https://menastartupdigest.com/aden-university-and-soor-foundation-sign-mou-to-support-entrepreneurship-and-youth/): University of Science and Technology’s main campus in Aden has signed a memorandum of understanding with Soor Humanitarian Foundation to expand cooperation on entrepreneurship, innovation and youth empowerment. The agreement, signed on Thursday, October 15, 2026, is intended to help students and graduates build skills aligned with labour market needs while connecting academic learning with - [National Bank of Kuwait Launches FoundHER Program for Women Entrepreneurs](https://menastartupdigest.com/national-bank-of-kuwait-launches-foundher-program-for-women-entrepreneurs/): National Bank of Kuwait (NBK) has launched FoundHER, a program designed to help women entrepreneurs in Kuwait build their skills, expand their networks and grow their businesses. The initiative will offer training, practical guidance, access to experts and entrepreneurs, and advice on funding opportunities and business growth. According to the announcement, the program will cover - [Egypt Ministers Discuss Entrepreneurship and Future Skills with 150 University Students](https://menastartupdigest.com/egypt-ministers-discuss-entrepreneurship-and-future-skills-with-150-university-students/): Egypt’s planning and investment ministers met with 150 university students to discuss employment trends, entrepreneurship opportunities and the skills needed to launch businesses in a changing economy. The open session brought together Ahmed Rostom, minister of planning and economic development, and Mohamed Farid Saleh, minister of investment and foreign trade. Discussions covered priority sectors, startup - [Dubai Police Identifies 10 AI Technologies That Could Reshape Policing by 2040](https://menastartupdigest.com/dubai-police-identifies-10-ai-technologies-that-could-reshape-policing-by-2040/): Dubai Police has identified 10 artificial intelligence opportunities that could reshape policing by 2040, including AI-powered criminal investigations, autonomous patrol systems, proactive threat detection and personalised police services. The opportunities were identified by the Dubai Police Future Foresight Centre through an analysis of global technology trends and international reports. According to the announcement, the technologies - [Startup Syria Opens Registration for National Pitching Day in Damascus](https://menastartupdigest.com/startup-syria-opens-registration-for-national-pitching-day-in-damascus/): Startup Syria has opened registration for National Pitching Day, a Global Entrepreneurship Week 2026 event connecting promising Syrian startups with investors and business leaders. Organized in partnership with Accelerate Prosperity, the event will take place in November 2026 in Damascus. Startups from across Syria can apply and will be assessed on market traction, impact, growth - [Salé Honours Women Entrepreneurs and Economic Empowerment Leaders](https://menastartupdigest.com/sale-honours-women-entrepreneurs-and-economic-empowerment-leaders/): Salé hosted a ceremony on October 16 recognising Moroccan women for their contributions to entrepreneurship, innovation, leadership and economic development, with a particular focus on rural women. Organised by Synergie-RSK Mobadara in partnership with Morocco’s National Initiative for Human Development in Salé and Wallonia-Brussels Cooperation Agency through the Min Ajliki programme, the event brought together - [Cityscape Bahrain 2026 to Connect Real Estate Investors, Developers and PropTech Startups](https://menastartupdigest.com/cityscape-bahrain-2026-to-connect-real-estate-investors-developers-and-proptech-startups/): Cityscape Bahrain will return for its fifth edition from November 24 to 28, 2026, at Exhibition World Bahrain, bringing investors, developers and property seekers together to explore opportunities across the Kingdom. Organized by inD Group with support from Bahrain’s Real Estate Regulatory Authority, the event will showcase residential, commercial and mixed-use projects. Visitors will be - [Arabian Gulf University Researcher Develops Framework to Measure Innovation Efficiency](https://menastartupdigest.com/arabian-gulf-university-researcher-develops-framework-to-measure-innovation-efficiency/): Zainab Hussain Nima, a doctoral researcher at Arabian Gulf University, has developed a framework for measuring innovation efficiency and university performance across higher education institutions in the Gulf Cooperation Council. Nima presented the work during a lecture titled “From Evidence to Efficiency: A Systematic Literature Review and Data Envelopment Analysis,” organised by the university’s Department - [Dubai-based Popcorn AI Studio Announces $1M Funding Package](https://menastartupdigest.com/dubai-based-popcorn-ai-studio-announces-1m-funding-package/): Dubai-based Popcorn AI Studio has announced a $1M funding package led by Emirati entrepreneur and investor Mohammed Bin Bouta Alharsoosi, as the AI filmmaking startup prepares to expand its platform and international reach. Founded by Egyptian entrepreneurs Shady Essam and Mohamed Hedar, Popcorn is developing an integrated platform for creating films, commercial videos, cinematic scenes - [Saudi’s 10 From Saudi Program Selects 10 Startups for European Expansion](https://menastartupdigest.com/saudis-10-from-saudi-program-selects-10-startups-for-european-expansion/): Saudi Arabia’s 10 From Saudi program has selected 10 enterprises for an international track focused on helping them expand into European markets. Supported and sponsored by the Saudi Investment Bank and operated by the Social Development Bank (SDB), the program starts at Jada 30 in Riyadh before continuing at the Incubateur HEC Paris at STATION - [Saudi Arabia Explores AI for Advanced Manufacturing, Chips and Drug Development](https://menastartupdigest.com/saudi-arabia-explores-ai-for-advanced-manufacturing-chips-and-drug-development/): Saudi Arabia is expanding its use of artificial intelligence beyond digital services, with a focus on advanced manufacturing, materials science, drug development and semiconductor technologies. One example is a partnership between Aramco and US-based SandboxAQ. The companies are using specialised AI models to analyse data on more than 1 million catalysts and identify the most - [15 Arab Countries Join AI and Entrepreneurship Salon in Cairo](https://menastartupdigest.com/15-arab-countries-join-ai-and-entrepreneurship-salon-in-cairo/): Fifteen Arab countries are taking part in the Arab Youth Salon for Artificial Intelligence and Entrepreneurship in Cairo, a five-day event focused on strengthening connections among young people across the region. Organized by the League of Arab States in cooperation with Egypt’s Ministry of Youth and Sports, the salon runs through October 21. Participants represent - [Egypt’s Beheira Launches 12 Entrepreneurship Trainings for 300 Women](https://menastartupdigest.com/egypts-beheira-launches-12-entrepreneurship-trainings-for-300-women/): The National Council for Women’s Beheira branch has delivered 12 entrepreneurship training sessions for 300 women across villages in Egypt’s Beheira governorate, as part of the National Project for the Development of the Egyptian Family. Each session included 25 participants and focused on building skills to launch and manage small businesses. The program aims to - [Syria and UNDP Partner on Export Growth and Entrepreneurship Support](https://menastartupdigest.com/syria-and-undp-partner-on-export-growth-and-entrepreneurship-support/): The Syrian Federation of Industry Chambers and the United Nations Development Programme (UNDP) are exploring ways to increase exports, create international marketing channels and expand financing for damaged industrial facilities. During a meeting in Syria, UNDP representatives outlined projects focused on sustainable development, energy, the environment, climate and governance. The programme is also working on - [Egyptian Exchange and MINT Sign MoU to Support Fintech Startups](https://menastartupdigest.com/egyptian-exchange-and-mint-sign-mou-to-support-fintech-startups/): The Egyptian Exchange (EGX) and MINT, the business accelerator backed by EGBANK, have signed a memorandum of understanding to support Egypt’s fintech ecosystem and strengthen investment awareness among young people and entrepreneurs. The partnership is designed to help startups better understand capital markets and identify opportunities for growth and expansion. It brings together EGX’s capital - [Menoufia University and Egypt’s SME Agency Seek to Turn Heritage Crafts into Ventures](https://menastartupdigest.com/menoufia-university-and-egypts-sme-agency-seek-to-turn-heritage-crafts-into-ventures/): Menoufia University is working with Egypt’s Micro, Small and Medium Enterprise Development Agency to help turn student and researcher creativity into viable businesses, according to an announcement made during the university’s participation in Heritage 2026. University President Ahmed Farag El-Kassas visited the university’s booth, which showcased products including mother-of-pearl crafts, handmade carpets, natural silk, textiles - [Umm Al Qura University Hosts From Idea to Growth Entrepreneurship Program](https://menastartupdigest.com/umm-al-qura-university-hosts-from-idea-to-growth-entrepreneurship-program/): Umm Al Qura University’s Institute of Innovation and Entrepreneurship has organised an entrepreneurship program focused on helping participants move from early ideas to scalable and sustainable ventures. Held at the university’s Intellectual Property Incubator and Accelerator in Makkah on October 18, 2026, the “From Idea to Growth” program was delivered in collaboration with a national - [WSA Lebanon Extends 2026 Digital Innovation Applications to October 30](https://menastartupdigest.com/wsa-lebanon-extends-2026-digital-innovation-applications-to-october-30/): WSA Lebanon has extended its 2026 call for applications, giving Lebanese founders and startups until October 30, 2026, to submit digital solutions with meaningful local impact. The programme is represented locally by the Professional Computer Association of Lebanon and is being run in partnership with the Talal and Madiha Zein AUB Innovation Park at the - [Deepseek Updates v4.1-Flash With Faster Outputs and Stronger Benchmark Results](https://menastartupdigest.com/deepseek-updates-v4-1-flash-with-faster-outputs-and-stronger-benchmark-results/): DeepSeek has released V4.1-Flash-1017, an update to its V4.1-Flash model that the company said improves reasoning, coding, agentic and visual tasks while reducing task completion time and output length. The update is available across DeepSeek’s web product, app and developer platform. It supports a 1 million-token context window, image and text inputs, and is released - [Tesla Unveils Redesigned Roadster With SpaceX Thrusters, Targets 2028 Production](https://menastartupdigest.com/tesla-unveils-redesigned-roadster-with-spacex-thrusters-targets-2028-production/): Tesla has unveiled a redesigned Roadster featuring rocket-style thrusters and said production could begin in 2028, more than a decade after the next-generation electric sports car was first announced. The white two-seater was demonstrated at a SpaceX test site in Texas, where it drove upside down on a ramp, flipped in the air and landed - [General Motors Awards $150K Grant to 11 Arab Innovators Across Seven Countries](https://menastartupdigest.com/general-motors-awards-150k-grant-to-11-arab-innovators-across-seven-countries/): General Motors is providing a $150K grant to 11 Arab innovators from seven countries to develop projects and research in artificial intelligence, quantum computing, electric mobility, education and healthcare, according to an announcement by the Arab Youth Center. The beneficiaries come from the UAE, Saudi Arabia, Egypt, Iraq, Jordan, Algeria and Syria. Their projects include - [Ayman Abbas Acquires 10% of Egypt’s Aqar Exit at $2M Valuation](https://menastartupdigest.com/ayman-abbas-acquires-10-of-egypts-aqar-exit-at-2m-valuation/): Egyptian businessman Ayman Mamdouh Abbas has acquired a 10% stake in Egyptian proptech Aqar Exit in a transaction valuing the company at $2M (EGP 100M), according to the announcement. Aqar Exit facilitates the assignment of property contracts, connecting buyers seeking units at original contract prices with sellers looking to exit installment commitments. The company said - [Morocco’s Women in Retail Tech Bootcamp Opens Applications](https://menastartupdigest.com/moroccos-women-in-retail-tech-bootcamp-opens-applications/): The Moroccan Retail Tech Builder (MRTB) has opened applications for the first edition of Women in Retail Tech, a two-day bootcamp supporting women developing digital solutions for Morocco’s retail sector. The programme will take place in Casablanca from November 20 to 21, 2026. It is open to Moroccan women or women residing in Morocco who - [Algeria Venture and WIPO Sign Agreement to Establish Intellectual Property Center](https://menastartupdigest.com/algeria-venture-and-wipo-sign-agreement-to-establish-intellectual-property-center/): Algeria Venture and the World Intellectual Property Organization (WIPO) have signed an agreement to establish an Intellectual Property Center for businesses in Algeria. The center will support startups, small and medium-sized enterprises, and entrepreneurs in using intellectual property to strengthen growth and competitiveness, according to the announcement. The next step is a registration campaign offering - [UNDP Egypt Opens DEDI Innovates Challenge for Young Green and Digital Startups](https://menastartupdigest.com/undp-egypt-opens-dedi-innovates-challenge-for-young-green-and-digital-startups/): UNDP Egypt has opened applications for the DEDI Innovates Challenge, a program for young innovators developing green and digital solutions for Egypt. The challenge is open to applicants with an idea, project or early-stage startup. Teams must include one to five members, all aged 18 to 35. Applicants need to provide proof of completing an - [Metrak Makes AI Voice Reporting Free for Construction Contractors](https://menastartupdigest.com/metrak-makes-ai-voice-reporting-free-for-construction-contractors/): Jordanian-built construction management platform Metrak has launched free AI-powered voice reporting, allowing contractors to turn spoken updates in Arabic or English into daily site reports, expenses and tasks. Metrak, a construction management platform developed by a team in Amman, Jordan, and Fréjus, France, has made its AI-powered voice reporting features free across all plans, aiming - [Lebanon’s AlphaLab Wins LAIN Pitch Competition, Selected for Up to $100,000 Investment](https://menastartupdigest.com/lebanons-alphalab-wins-lain-pitch-competition-selected-for-up-to-100000-investment/): Lebanon-based AlphaLab, which is developing an AI-powered quantitative research platform, has won the LAIN Pitch Competition at Experia and been selected for a potential equity investment of up to $100,000, subject to final Investment Committee approval. AlphaLab has won the LAIN Pitch Competition, organized by the Lebanese Angel Investor Network (LAIN) in partnership with Endeavor - [INJAZ Lebanon Opens Applications for Four Entrepreneurship Trainer Assignments](https://menastartupdigest.com/injaz-lebanon-opens-applications-for-four-entrepreneurship-trainer-assignments/): INJAZ Lebanon is seeking qualified trainers for four assignments under its GIL 2026–2028 program, supporting young people in North Lebanon, Akkar and the Bekaa to develop entrepreneurial skills and turn ideas into sustainable businesses. Applications close on October 30, 2026. INJAZ Lebanon has announced a call for trainers to deliver four training assignments focused on - [Qatar Business Incubation Center Selects 17 Startups for Pre-Accelerator Program 2026](https://menastartupdigest.com/qatar-business-incubation-center-selects-17-startups-for-pre-accelerator-program-2026/): Qatar Business Incubation Center (QBIC) has selected 17 startups for its 2026 Pre-Accelerator Program, with four companies receiving grants to support their growth and development. The cohort spans artificial intelligence, education, healthcare, logistics, construction, food and other sectors. QBIC announced the selected startups on October 12, welcoming founders into its Pre-Accelerator Program 2026. The initiative - [Qatar FinTech Hub Announces Eleven Startups For Wave Eight Pre-Acceleration Program](https://menastartupdigest.com/qatar-fintech-hub-announces-eleven-startups-for-wave-eight-pre-acceleration-program/): The Qatar FinTech Hub (QFTH) has officially revealed the 11 promising startups selected to participate in its Wave 8 Pre-Acceleration Program. Together with key ecosystem partners, the hub will work closely with these founders over the coming months to develop, validate, and comprehensively prepare their innovative financial technology solutions for the Qatari market. Highly Competitive - [Mashreq Partners with Expo City Dubai to Expand Off-Plan Home Financing](https://menastartupdigest.com/mashreq-partners-with-expo-city-dubai-to-expand-off-plan-home-financing/): The partnership will offer eligible buyers financing options for selected residential projects across Expo City Dubai, where more than 3,000 units are currently under development. Mashreq has partnered with Expo City Dubai to expand access to off-plan home financing for eligible customers purchasing properties in selected residential projects within the sustainable urban community. Announced on - [Nisaa Launches Period Tracker Designed for Muslim Women](https://menastartupdigest.com/nisaa-launches-period-tracker-designed-for-muslim-women/): The iOS app combines menstrual tracking with guidance on prayer, fasting and ritual purification, tailored to four Islamic schools of jurisprudence. Nisaa, a period-tracking app designed for Muslim women, combines menstrual cycle tracking with Islamic guidance on prayer, fasting and ghusl, or ritual purification. The app helps users understand their menstrual status, including the distinction - [MIRRIAH, SmartWTI and Freza Nanotech Win SANAD ElevateHer Prizes as 22 Startups Advance](https://menastartupdigest.com/mirriah-smartwti-and-freza-nanotech-win-sanad-elevateher-prizes-as-22-startups-advance/): The Seedstars-led accelerator awarded cash prizes to startups from Morocco, Jordan and Uganda, while 22 businesses across nine markets were selected for further coaching and investment-readiness support. SANAD ElevateHer has selected 22 startups for further coaching and investment-readiness support following a pitching competition held at Techne Summit Alexandria in Egypt on October 3, 2026. Morocco’s - [MoneyHash Partners with South Africa’s Ozow to Expand Local Payment Options](https://menastartupdigest.com/moneyhash-partners-with-south-africas-ozow-to-expand-local-payment-options/): MoneyHash has partnered with South African fintech Ozow to expand access to local payment methods for businesses operating in or entering South Africa, strengthening its payment infrastructure across Africa. Announced on October 14, the partnership enables businesses using MoneyHash to connect to Ozow through their existing integration, without building and maintaining a separate technical connection. - [Bybit Outlines Expansion Beyond Crypto With Stocks, Payments and AI](https://menastartupdigest.com/bybit-outlines-expansion-beyond-crypto-with-stocks-payments-and-ai/): The crypto exchange is broadening its financial platform with US stock trading, tokenized stock products, payment services and AI-powered tools. Bybit has outlined its strategy to expand beyond cryptocurrency into a broader financial platform spanning traditional markets, payments and artificial intelligence. The updates were announced by co-founder and CEO Ben Zhou during the company’s latest - [UAE Launches Program to Train 50 Young Content Creators on Water Conservation](https://menastartupdigest.com/uae-launches-program-to-train-50-young-content-creators-on-water-conservation/): The UAE has launched the Blue Content Creators Program, a training initiative for 50 citizens and residents to produce digital content focused on water conservation and sustainability. The program was launched by the National Media Authority in partnership with the Ministry of Foreign Affairs and the Federal Youth Authority, in collaboration with the New Media - [UAE and Saudi Arabia to Add More Than 80% of Gulf Data Center Capacity](https://menastartupdigest.com/uae-and-saudi-arabia-to-add-more-than-80-of-gulf-data-center-capacity/): The UAE and Saudi Arabia are expected to account for more than 80% of new data center capacity in the Gulf by 2030, as the region positions itself for the next wave of AI infrastructure investment. According to a report from S&P Global Ratings, data center capacity across the Gulf Cooperation Council is expected to - [Dubai Begins Four-Week Trial of Glydways Driverless Pods on Bluewaters Island](https://menastartupdigest.com/dubai-begins-four-week-trial-of-glydways-driverless-pods-on-bluewaters-island/): Dubai has begun a four-week trial of AI-powered driverless electric pods on Bluewaters Island, testing a new automated transit system designed to improve connectivity across the emirate. Announced by Dubai’s Roads and Transport Authority (RTA), the system was developed by US-based Glydways. Each pod can carry up to six passengers on dedicated routes separate from - [Al Ansari Exchange Tests Voice AI and Explores Agentic AI in UAE](https://menastartupdigest.com/al-ansari-exchange-tests-voice-ai-and-explores-agentic-ai-in-uae/): UAE-based Al Ansari Exchange is testing voice artificial intelligence in its mobile app and exploring agentic AI as part of a Dubai-backed programme focused on more autonomous business systems. The exchange is participating through its parent company, Al Ansari Financial Services, alongside 10 other Dubai-based companies. The programme is supported by Dubai Chambers. The company - [Tenmou Announces 11th MENA Angel Investors Summit in Bahrain for November 2026](https://menastartupdigest.com/tenmou-announces-11th-mena-angel-investors-summit-in-bahrain-for-november-2026/): Bahrain-based angel investment company Tenmou will host the 11th MENA Angel Investors Summit on November 18, 2026, at the Diplomat Hotel in Bahrain. The annual event will bring together entrepreneurs, angel investors, venture capital firms, corporate representatives and government entities to discuss early-stage investment and regional collaboration. The programme will include startup pitch presentations, panel - [Saudi FinTech Barq Plans Acquisition of Bahrain’s Beyon Money](https://menastartupdigest.com/saudi-fintech-barq-plans-acquisition-of-bahrains-beyon-money/): Saudi financial technology group Barq, operated by Etihad Technology Holding, plans to acquire Bahrain-based digital financial services platform Beyon Money from Beyon Group, expanding its presence across the Gulf Cooperation Council (GCC). The proposed transaction was announced at the Future FinTech Forum in Manama. Financial terms were not disclosed, but Beyon Group will retain an - [Google Launches Gemini 4 Argon AI Model for Developers and Businesses](https://menastartupdigest.com/google-launches-gemini-4-argon-ai-model-for-developers-and-businesses/): Google has launched Gemini 4 Argon, an artificial intelligence model now available to developers and businesses worldwide, according to the announcement. The model is designed to handle complex, multi-step tasks in programming, finance, law, cybersecurity and science. Google said Argon is built for work requiring “depth and focus,” including advanced process automation. API pricing starts - [SRC Launches $112M Residential Mortgage-Backed Securities Issuance in Saudi Arabia](https://menastartupdigest.com/src-launches-112m-residential-mortgage-backed-securities-issuance-in-saudi-arabia/): Saudi Real Estate Refinance Company (SRC) has launched a new residential mortgage-backed securities issuance backed by a SAR420 million portfolio of home finance assets originated by six financing companies. The issuance is designed to improve liquidity in Saudi Arabia’s mortgage market, broaden the investor base and provide banks and finance companies with additional funding. By - [Tencent to Direct Most of $5B Bond Issue to AI Investments](https://menastartupdigest.com/tencent-to-direct-most-of-5b-bond-issue-to-ai-investments/): Tencent Holdings plans to allocate most of an upcoming bond issue worth about $5 billion to artificial intelligence-related capital expenditure, according to the company’s investor briefing. The planned issuance is expected to include $1.5 billion to $2 billion in dollar-denominated notes, along with 20 billion to 25 billion yuan, equivalent to roughly $3 billion to - [Aramex Expands AI Use to Predict Shipping Disruptions](https://menastartupdigest.com/aramex-expands-ai-use-to-predict-shipping-disruptions/): Aramex is expanding its use of artificial intelligence from delivery route optimisation to predicting shipping disruptions and assessing alternative transport options before problems escalate. Amadou Diallo, CEO of Aramex Group, told Asharq Al-Awsat that the company already uses intelligent planning and routing systems to support thousands of real-time delivery decisions. The next phase will use - [Standard Chartered Launches In-App Crypto Trading for UAE Clients](https://menastartupdigest.com/standard-chartered-launches-in-app-crypto-trading-for-uae-clients/): Standard Chartered has launched in-app trading for bitcoin and ether in the UAE, allowing eligible clients to buy and sell the cryptocurrencies through their existing bank accounts. The UAE is the London-headquartered bank’s first market where individual clients can access direct digital-asset trading through its mobile app. Customers will not need to open separate crypto - [IFC Oman to Register Companies by End-2026 and Begin Full Operations Next Year](https://menastartupdigest.com/ifc-oman-to-register-companies-by-end-2026-and-begin-full-operations-next-year/): Oman’s first global financial centre is expected to begin registering companies by the end of 2026 and launch full licensing operations next year, according to the IFC Oman Authority. The immediate priority is completing the legal framework for the International Financial Centre of Oman, authority chair Mahmood Al Aweini said in a statement. A package - [Meta Releases First Frontier Models, Muse Wonder and Wonder Full](https://menastartupdigest.com/meta-releases-first-frontier-models-muse-wonder-and-wonder-full/): Meta’s Superintelligence Lab has released Muse Wonder and Muse Wonder Full, the company’s first frontier models and a larger, more capable follow-up to its lightweight Muse Spark model. According to Meta’s testing, the models achieve benchmark results comparable to Fable 5.1 and GPT-6 Astra, with stronger performance on complex tasks such as coding. The company - [Sheraa Selects 14 Women-Led Ventures for Six-Month Growth Fellowship](https://menastartupdigest.com/sheraa-selects-14-women-led-ventures-for-six-month-growth-fellowship/): Sharjah Entrepreneurship Centre (Sheraa) has selected 14 women entrepreneurs for the second edition of its Sharjah Women Impact Fellowship (SWIF), a six-month programme focused on helping established businesses strengthen their leadership and pursue further growth. The cohort includes nine SMEs and five startups operating across food and beverage, FMCG, creative industries, sustainability, manufacturing, education technology - [Saudi Arabia Launches BioGravity-1 Mission to Study Alzheimer’s and MS](https://menastartupdigest.com/saudi-arabia-launches-biogravity-1-mission-to-study-alzheimers-and-ms/): Saudi Arabia has sent biological samples from the Middle East into space for the first time, launching a research program that will examine whether microgravity can support new treatments for Alzheimer’s disease and multiple sclerosis. The samples were carried to the International Space Station aboard SpaceX CRS-35, with support from NASA, as part of BioGravity-1. - [96% of UAE SMEs Use Digital Payments, but Only 39% Integrate Them With Business Tools](https://menastartupdigest.com/96-of-uae-smes-use-digital-payments-but-only-39-integrate-them-with-business-tools/): Digital payments are widely used by UAE small and medium-sized enterprises, but far fewer businesses connect those payments to broader management tools, according to Visa’s Pay and Get Paid 2026 report. The survey found that 96% of respondents accept and make digital payments, while only 39% use integrated platforms covering payments and business management. Administrative - [Honeywell Technologies to Support GPIC’s New Aromatics Complex in Bahrain](https://menastartupdigest.com/honeywell-technologies-to-support-gpics-new-aromatics-complex-in-bahrain/): Honeywell Technologies has been selected by Gulf Petrochemical Industries Company (GPIC) to provide licensing and engineering services for a new aromatics complex at GPIC’s industrial site in Sitra, Bahrain. According to the announcement, the facility is expected to produce around 1.2 million metric tons of paraxylene and 500,000 metric tons of benzene annually. The products - [Dubai Launches GenDubAI AI Education Platform for Families](https://menastartupdigest.com/dubai-launches-gendubai-ai-education-platform-for-families/): Dubai has launched GenDubAI, a digital education platform designed to help families understand how children use artificial intelligence and support safer, more responsible adoption of the technology. Developed by the Dubai Centre for Artificial Intelligence in partnership with the Community Development Authority and Dubai Future Foundation, the platform targets families with children aged 8 to - [Sustainability Forum Middle East Launches University Net Zero Challenge in Bahrain](https://menastartupdigest.com/sustainability-forum-middle-east-launches-university-net-zero-challenge-in-bahrain/): Sustainability Forum Middle East has launched the second edition of its Sustainability Future Lab, inviting universities across Bahrain to take part in a new University Net Zero Challenge. As part of the forum’s fifth edition, scheduled for 26–27 January 2027, student teams will develop practical roadmaps to reduce their university’s carbon emissions by 30% within - [PIEC Launches Third Accelerator Cycle for Palestinian Startups Exploring Gulf Expansion](https://menastartupdigest.com/piec-launches-third-accelerator-cycle-for-palestinian-startups-exploring-gulf-expansion/): PIEC has launched the third cycle of its accelerator programme for Palestinian startups, alongside a panel discussion on expansion opportunities in Gulf markets. The session explored the practical steps startups need to take when entering new markets and building sustainable growth, according to the announcement. The accompanying material describes Flow Accelerator as a sector-agnostic enabler - [Meeza and Microsoft Launch Sovereign Private Cloud for Qatari Enterprises](https://menastartupdigest.com/meeza-and-microsoft-launch-sovereign-private-cloud-for-qatari-enterprises/): Meeza and Microsoft have launched a sovereign private cloud service for Qatari enterprises, combining Microsoft’s Azure Local technology with Meeza’s data centers, telecommunications infrastructure and managed services. According to Qatar News Agency, the platform will be hosted in Qatar. Microsoft will provide the Azure Local technology, while Meeza will handle local infrastructure, connectivity, deployment and - [UAE Startup Persium Wins LBS MENA Startup Competition 2026](https://menastartupdigest.com/uae-startup-persium-wins-lbs-mena-startup-competition-2026/): UAE-based environmental technology startup Persium won the London Business School (LBS) MENA Startup Competition 2026 at its Dubai finale on 14 October. Persium develops sensors, data and solutions for air quality, noise and broader environmental monitoring. The competition, supported by LBS’s Institute of Entrepreneurship and Private Capital, received nearly 100 applications from across the MENA - [Sharjah’s The Deal 2026 Connects Six Youth-Led Startups With Investors](https://menastartupdigest.com/sharjahs-the-deal-2026-connects-six-youth-led-startups-with-investors/): The third edition of The Deal 2026 brought six youth-led startups together with investors during the Sharjah Investment Forum 2026, creating opportunities to present their products, gather feedback and explore funding and strategic partnerships. Held at Al Jawaher Reception and Convention Centre, the program was organised by Sharjah Research, Technology and Innovation Park, Sharjah Entrepreneurship - [Abu Dhabi Launches TAMM Global to Export AI-Powered Government Platform](https://menastartupdigest.com/abu-dhabi-launches-tamm-global-to-export-ai-powered-government-platform/): Abu Dhabi has established TAMM Global, an independent company that will take the emirate’s AI-powered TAMM government services platform to foreign governments. Established by the Department of Government Enablement under the directives of Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, TAMM Global will license the platform’s architecture, pre-built services and implementation methods. - [Saudi Arabia Launches It’s AI Campaign to Combat Deepfakes](https://menastartupdigest.com/saudi-arabia-launches-its-ai-campaign-to-combat-deepfakes/): Saudi Arabia has launched a public awareness campaign aimed at helping people identify and respond to AI-generated deepfakes. The “It’s AI” campaign was launched by the Saudi Data and AI Authority (SDAIA) and the Communications, Space and Technology Commission (CST) as part of the Kingdom’s Year of Artificial Intelligence 2026. The campaign highlights how AI - [QIA Adds Activate Capital to Its $3B Fund of Funds](https://menastartupdigest.com/qia-adds-activate-capital-to-its-3b-fund-of-funds/): U.S.-based growth investment firm Activate Capital has joined the Qatar Investment Authority’s (QIA) $3 billion Fund of Funds and plans to open its first international office in Doha. Activate Capital invests from Series B through the pre-IPO stage in smart energy, infrastructure, mobility, digital industry, supply chain resilience and climate adaptation. Through the partnership, it - [ITIDA Joins Middle East AI Summit with 81 Strategic Partners from 90 Countries](https://menastartupdigest.com/itida-joins-middle-east-ai-summit-with-81-strategic-partners-from-90-countries/): Egypt’s Information Technology Industry Development Agency (ITIDA) is participating in the Middle East AI Summit, an online event that began on October 10 and runs for one week, according to the announcement. Organised by Brains Mingle with international and regional partners, the summit brings together around 150 decision-makers, developers and investors, more than 100 speakers, - [Juventus Unveils 11 Startups for Its 2026-27 Forward Squad](https://menastartupdigest.com/juventus-unveils-11-startups-for-its-2026-27-forward-squad/): Juventus has selected 11 startups for the 2026-27 edition of its Juventus Forward open-innovation program, bringing new technology into both sporting performance and corporate operations. The second Forward Squad was presented at OGR Torino during Wave, a technology and innovation conference organised by Vento, a bridge-capital firm backed by Exor. The program identifies specific needs - [Etisalat UAE and DataRobot Sign Multi-Year Sovereign Agentic AI Deal](https://menastartupdigest.com/etisalat-uae-and-datarobot-sign-multi-year-sovereign-agentic-ai-deal/): Etisalat UAE and enterprise AI company DataRobot have signed a multi-year agreement to build, operate and govern an agentic AI workforce across the telecom operator’s business units. Under the deal, DataRobot’s Agent Workforce Platform will run in Etisalat UAE’s own data centre, allowing the company to keep sensitive data and AI workloads on its self-managed - [Ant International Secures Two UAE Payments Licences](https://menastartupdigest.com/ant-international-secures-two-uae-payments-licences/): Ant International has received two payments licences from the Central Bank of the UAE, paving the way for it to expand its merchant acquiring and cross-border financial services in the country. The first is a Retail Payment Services and Card Schemes Category II licence, which will support the planned launch of merchant payment and digitisation - [Mubadala Capital Completes $6.2b Acquisition of Clear Channel Outdoor](https://menastartupdigest.com/mubadala-capital-completes-6-2b-acquisition-of-clear-channel-outdoor/): Mubadala Capital has completed its acquisition of Clear Channel Outdoor Holdings in a transaction valued at approximately $6.2B, following regulatory clearances and approval from Clear Channel shareholders. The deal takes the U.S. out-of-home advertising company private. Clear Channel’s common stock will stop trading and be delisted from the New York Stock Exchange. Wade Davis has - [Qatar Development Bank Expands Grant Fund to $110M for Local Manufacturers](https://menastartupdigest.com/qatar-development-bank-expands-grant-fund-to-110m-for-local-manufacturers/): Qatar Development Bank (QDB) has expanded its Logistics Support Fund to QAR400 million ($110 million) to help local manufacturers cover rising raw material shipping costs. The non-repayable grant covers up to 80% of the increase in shipping costs compared with pre-conflict levels, across all manufacturing sectors, QDB said. Companies can apply more than once. QDB - [ADIA Invests $13M as Anchor Investor in Zetwerk IPO](https://menastartupdigest.com/adia-invests-13m-as-anchor-investor-in-zetwerk-ipo/): The Abu Dhabi Investment Authority (Adia) has joined the anchor book for the initial public offering of Zetwerk, an India-based technology-led manufacturing platform. Adia purchased 8.3 million shares, representing 5.55% of the anchor book, for INR1.2 billion ($13 million) through two investment vehicles, according to Zetwerk. Zetwerk sold 149 million shares to 99 anchor investors - [Al Kharj Graduates 20 Startups from Its Riyadh Accelerator](https://menastartupdigest.com/al-kharj-graduates-20-startups-from-its-riyadh-accelerator/): Al Kharj has graduated 20 startups from the 10th cohort of its accelerator through the Disrupt event, held at its headquarters in Riyadh, Saudi Arabia. The startups, which already generate sales, presented their technology products and solutions to innovators and investors. The accelerator is designed to help participating companies address growth barriers, expand their market - [Lebanon Startups Raised Just $1.1M in 2023 Amid Widening Funding Gap](https://menastartupdigest.com/lebanon-startups-raised-just-1-1m-in-2023-amid-widening-funding-gap/): Lebanon’s startup ecosystem continues to produce talent and ideas, but limited access to capital is making it harder for companies to turn them into products, contracts and jobs locally. The recently concluded Xperia 2026, presented by its organisers as Lebanon’s first interactive innovation exhibition, included a pitch competition held on October 9 with Endeavor and - [Dubai Chamber of Digital Economy Supported 485 Startups in H1 2026, Up 57.5%](https://menastartupdigest.com/dubai-chamber-of-digital-economy-supported-485-startups-in-h1-2026-up-57-5/): The Dubai Chamber of Digital Economy supported the establishment and expansion of 485 digital startups during the first half of 2026, a 57.5% increase from the same period last year, according to the chamber. The figures were shared during a panel at the Dubai Business Forum in Shenzhen, where Saeed Al Gurgawi, vice president of - [Abha Chamber Hosts Meeting on Entrepreneurship and Investment in Asir](https://menastartupdigest.com/abha-chamber-hosts-meeting-on-entrepreneurship-and-investment-in-asir/): The Abha Chamber’s Media Committee hosted a meeting in Khamis Mushait on October 15 to discuss investment opportunities and the future of entrepreneurship in the Asir region. Held under the title “Business Gathering,” the event brought together people interested in economic and investment affairs. Discussions covered the current investment environment in Asir, including its economic - [Oman’s North Al Batinah Launches Four-Day Digital Entrepreneurship Week](https://menastartupdigest.com/omans-north-al-batinah-launches-four-day-digital-entrepreneurship-week/): Oman’s North Al Batinah governorate has launched Digital Entrepreneurship Week in Sohar, bringing together entrepreneurs, technology experts, investors and public- and private-sector representatives around emerging technologies, artificial intelligence, e-commerce and information technology. Held from October 15 to 18, the event is organised by the Office of the Governor of North Al Batinah under the “Digital - [Sharjah Launches Najm AI Agent for Investor Site Selection](https://menastartupdigest.com/sharjah-launches-najm-ai-agent-for-investor-site-selection/): Invest in Sharjah, the emirate’s foreign direct investment office, has launched Najm, an AI agent designed to help investors find suitable land, partners and market information. Investors can enter details such as their business plans, requirements and budget. Najm then searches and ranks potential sites, bringing together information that would otherwise be spread across multiple - [Carerha and O West Partner to Host 2026 Summit in Cairo](https://menastartupdigest.com/carerha-and-o-west-partner-to-host-2026-summit-in-cairo/): Carerha has partnered with O West, the integrated city developed by Orascom Development Egypt in West Cairo, to host the 2026 edition of the Carerha Summit on November 21, 2026. The summit will mark five years since its launch and bring together professionals, young talent and entrepreneurs to discuss the future of work, evolving skills - [Saudi EXIM Bank Launches Export Accelerator for Local Businesses](https://menastartupdigest.com/saudi-exim-bank-launches-export-accelerator-for-local-businesses/): The Saudi Export-Import Bank has launched an export accelerator to help local businesses strengthen their export capabilities and prepare to expand into international markets. According to the announcement, the program combines specialised training with one-on-one advisory sessions to help participating businesses develop export plans, build strategic relationships and understand financing options available for their operations. - [Egypt, IFC Discuss Creating Fund to Support Startups](https://menastartupdigest.com/egypt-ifc-discuss-creating-fund-to-support-startups/): Egypt is discussing the creation of a fund to support entrepreneurship and innovative startups, according to the Ministry of Planning and Economic Development. The proposal was discussed during a meeting between Planning and Economic Development Minister Ahmed Rostom and Ethiopis Tafara, IFC Vice President for Africa. The talks focused on expanding cooperation in digital entrepreneurship, - [Ramallah Municipality Partners with Tamweeli to Support Entrepreneurs](https://menastartupdigest.com/ramallah-municipality-partners-with-tamweeli-to-support-entrepreneurs/): Ramallah Municipality has signed a memorandum of understanding with the Middle East Investment Initiative (MEII) to support entrepreneurs through a partnership between its Makani incubator and the Tamweeli program. The agreement covers technical support, financial advice and business development services, as well as connections with financial institutions to improve access to funding opportunities. Makani and - [Jazan Governor Launches Numo Business Incubator and Accelerator](https://menastartupdigest.com/jazan-governor-launches-numo-business-incubator-and-accelerator/): The Governor of Jazan, Prince Mohammed bin Abdulaziz bin Mohammed bin Abdulaziz, has launched Numo, a business incubator and accelerator operated by the Jazan Chamber in Saudi Arabia. The launch took place during a meeting with Jazan Chamber Chairman Hamed Al-Hamrani. The governor reviewed Numo’s objectives and services for entrepreneurs and startups, including incubation programs, - [MBZUAI and Inception42 Launch Six Jais 3 Arabic AI Models](https://menastartupdigest.com/mbzuai-and-inception42-launch-six-jais-3-arabic-ai-models/): Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), its Institute of Foundation Models (IFM) and G42’s Inception42 have launched Jais 3, a family of six open Arabic language models and Jais Speech, an Arabic speech recognition model. Developed with Cerebras Systems, the models range from 900 million to 375 billion parameters and are built on - [IBM: 75% of UAE Executives Escalated AI Incidents to Boards or C-Suites](https://menastartupdigest.com/ibm-75-of-uae-executives-escalated-ai-incidents-to-boards-or-c-suites/): Three-quarters of UAE executives surveyed by IBM said an AI-related incident reached their board or C-suite during the past year, highlighting the growing gap between AI deployment and governance. The findings come from a Censuswide survey of 206 UAE executives at organisations with at least 1,000 employees. The UAE sample formed part of a wider - [MWC Doha 2026 Unveils Speakers and Exhibitors for Qatar Event](https://menastartupdigest.com/mwc-doha-2026-unveils-speakers-and-exhibitors-for-qatar-event/): MWC Doha 2026 will bring telecom operators, satellite providers, technology companies and policymakers together in Qatar from 8 to 10 November, as the GSMA expands the event’s focus beyond mobile networks. The second edition will take place at the Doha Exhibition and Convention Center in partnership with Qatar’s Ministry of Communications and Information Technology. It - [Saudi Ghanem Raises $1.5M, Bringing Total Pre-Seed Funding to $8.6M](https://menastartupdigest.com/saudi-ghanem-raises-1-5m-bringing-total-pre-seed-funding-to-8-6m/): Saudi Arabia-based fractional real estate ownership startup Ghanem has raised an additional $1.5 million from real estate companies and strategic angel investors, bringing its total pre-seed funding to $8.6 million. The extension follows the company’s previously announced $7.1 million pre-seed round, which included Al Rumaih Group. Waad Investment Company has also invested in the startup. - [Dubai Culture Announces Fourth Al Quoz Creative Entrepreneurship Forum](https://menastartupdigest.com/dubai-culture-announces-fourth-al-quoz-creative-entrepreneurship-forum/): Dubai Culture and Arts Authority will host the fourth edition of the Al Quoz Creative Entrepreneurship Forum on October 30 and 31, bringing entrepreneurs, investors, cultural leaders, artists and designers together to examine the future of the creative economy. Held under the theme “Creative Horizons: Possibilities Beyond Borders,” the forum will take place at Area - [Qassim’s Riyad 26 Entrepreneurship Forum Concludes with 95+ Participating Entities](https://menastartupdigest.com/qassims-riyad-26-entrepreneurship-forum-concludes-with-95-participating-entities/): Riyad 26, the entrepreneurship forum in Saudi Arabia’s Qassim region, has concluded after four days of workshops, panel discussions, programmes and supporting activities. The event brought together more than 95 government, private-sector and financing organisations, alongside entrepreneurs and innovators. It also featured support organisations’ booths, advisory programmes and initiatives targeting people with business ideas and - [Saudi Startup SDM Takes Second Place in LBS MENA Startup Competition 2026](https://menastartupdigest.com/saudi-startup-sdm-takes-second-place-in-lbs-mena-startup-competition-2026/): Saudi healthtech startup SDM has finished second in the London Business School (LBS) MENA Startup Competition 2026, placing among the event’s top three ventures. The competition, held in Dubai on October 14 and supported by LBS’s Institute of Entrepreneurship and Private Capital, attracted nearly 100 applications from across the Middle East and North Africa. Ten - [Billion Followers Summit Launches $1M Initiative for 100 Content Creators](https://menastartupdigest.com/billion-followers-summit-launches-1m-initiative-for-100-content-creators/): The Billion Followers Summit and the National Media Authority have launched 100 Dreams, an initiative designed to help 100 content creators turn business ideas into startups in the UAE. Created in partnership with global content creator and Dream Group founder Simon Squibb, the program will provide each selected creator with $10,000, representing total funding of - [Capital University Incubator Supports 16 Egyptian Furniture Startups](https://menastartupdigest.com/capital-university-incubator-supports-16-egyptian-furniture-startups/): Capital University’s Egyptian Furniture Incubator (HUTI-EF) has supported 16 startups across three incubation cohorts as part of efforts to develop Egypt’s furniture and interior design industries. Based within the university’s Technology Incubators Office, the incubator provides training, technical support, business development, intellectual property guidance, and product marketing support. Its focus is on helping students, graduates - [Mohammedia Begins Construction of International Entrepreneurship Center](https://menastartupdigest.com/mohammedia-begins-construction-of-international-entrepreneurship-center/): Construction has begun on an international entrepreneurship center in Mohammedia, Morocco, under the Casablanca-Settat Chamber of Commerce, Industry and Services. The seven-storey facility is planned as a hub for professional and business support services, serving traders, professionals and companies. According to the announcement, the project aims to provide infrastructure that can support investment initiatives and - [Tunisia’s Family Ministry Launches 1810 Helpline for Women Entrepreneurs](https://menastartupdigest.com/tunisias-family-ministry-launches-1810-helpline-for-women-entrepreneurs/): Tunisia’s Ministry of Family, Women, Children and Older People is launching “Raedat,” a green helpline offering guidance and support for women pursuing entrepreneurship. The service will be available at 1810 from Friday. The helpline is intended to help aspiring entrepreneurs access reliable information, technical advice and practical guidance throughout the business journey, from developing an - [Libyan Designer Ibrahim Al-Shaibani Wins Creative Entrepreneurship Award at Arab Fashion Award](https://menastartupdigest.com/libyan-designer-ibrahim-al-shaibani-wins-creative-entrepreneurship-award-at-arab-fashion-award/): Libyan fashion designer Ibrahim Al-Shaibani has won the Creative Entrepreneurship Talent Award at the second edition of the Arab Fashion Award, announced by the Arab World Institute in Paris. The award recognises Al-Shaibani’s work through his fashion label, Born in Exile, which draws on Libya’s cultural and historical heritage while using contemporary design, craftsmanship and - [Egypt’s Financial Regulatory Authority and Alexandria Partner to Support Innovation and Entrepreneurship](https://menastartupdigest.com/egypts-financial-regulatory-authority-and-alexandria-partner-to-support-innovation-and-entrepreneurship/): Egypt’s Financial Regulatory Authority (FRA) is partnering with Alexandria Governorate to raise financial awareness and support innovation and entrepreneurship in the governorate. The two sides will hold the “Capacity Building for Development: Know How to Benefit” conference on Thursday, focusing on non-bank financial activities and how Alexandria’s businesses and residents can access them safely and - [Egypt Plans E-Village to Support Startups and Attract Investment](https://menastartupdigest.com/egypt-plans-e-village-to-support-startups-and-attract-investment/): Egypt is planning an electronic village, or “E-Village,” to support startups, develop technology-driven innovation and improve access to funding, investment and international markets. Dr. Smart Francis, head of the Global Entrepreneurship Festival in Africa, announced the initiative as part of the development projects linked to Egypt hosting the festival’s third edition in November 2026. Organisers - [Fujairah University and Chamber Sign Agreement to Develop National Talent](https://menastartupdigest.com/fujairah-university-and-chamber-sign-agreement-to-develop-national-talent/): Fujairah University and the Fujairah Chamber of Commerce and Industry have signed a strategic cooperation agreement to connect higher education more closely with the emirate’s business sector and prepare young Emirati talent for the job market. The agreement was signed at Fujairah University by Mohammed Ahmed Al Yamahi, chairman of the chamber’s board, and Dr. - [Cadi Ayyad University Launches Morocco Desert Innovation Challenge 2026](https://menastartupdigest.com/cadi-ayyad-university-launches-morocco-desert-innovation-challenge-2026/): Cadi Ayyad University in Marrakech will host the first edition of the Morocco Desert Innovation Challenge from October 26 to 31, 2026, bringing together students, researchers, young innovators, startups and project founders. Organised through the university’s Innovation Hub, the challenge will focus on six areas relevant to the development of Morocco’s southern provinces: oceans, ports - [Taounate Approves 73 Development Projects Worth More Than MAD 6M](https://menastartupdigest.com/taounate-approves-73-development-projects-worth-more-than-mad-6m/): Taounate’s Provincial Human Development Committee has approved 73 development projects with a total budget of more than MAD 6M, including over MAD 5.4M from Morocco’s National Initiative for Human Development (INDH). Approved during a meeting on October 13, 2026, the projects target youth entrepreneurship, economic inclusion, education and support for vulnerable groups across the province. - [Egyptian Bill Seeks to Expand SME Incentives to Digital and Creative Businesses](https://menastartupdigest.com/egyptian-bill-seeks-to-expand-sme-incentives-to-digital-and-creative-businesses/): A proposed amendment in Egypt’s Parliament would expand the legal definition of small and medium-sized enterprises to cover digital businesses, creative industries, social entrepreneurship and heritage crafts. The bill was submitted by MP Marcel Semir, with the support of more than 10 other lawmakers, to amend parts of Law No. 152 of 2020 on the - [Qatar Launches QR500 E-Commerce Licence Covering 194 Activities](https://menastartupdigest.com/qatar-launches-qr500-e-commerce-licence-covering-194-activities/): Qatar’s Ministry of Commerce and Industry (MOCI) has introduced a QR500 e-commerce licence for businesses that operate online without a physical shop. Launched in September 2026 under Decision No. 25 of 2026, the licence covers 194 approved activities, including consulting, fashion design, digital design, AI solutions, photography and translation. The licence is aimed at online - [Downtown Tech Summit Doha to Explore Innovation and Digital Transformation on 17 November 2026](https://menastartupdigest.com/downtown-tech-summit-doha-to-explore-innovation-and-digital-transformation-on-17-november-2026/): The Downtown Tech Summit – Doha will take place on 17 November 2026 at Barahat Msheireb in Msheireb Downtown Doha, bringing together startups, investors, policymakers, technology experts and business leaders from Qatar and the wider GCC. Held in partnership with Msheireb Properties and Inc. Arabia, the one-day, in-person event will focus on “Driving Resilience Through - [Entrepreneurship Vision Association to Hold Hail Innovates Hackathon Closing Ceremony](https://menastartupdigest.com/entrepreneurship-vision-association-to-hold-hail-innovates-hackathon-closing-ceremony/): Entrepreneurship Vision Association will hold the closing ceremony of the “Hail Innovates” Hackathon on October 17, 2026, at 6:00 p.m. at the Hail Chamber of Commerce. The event will take place under the patronage of Prince Faisal bin Fahd bin Muqrin Al Saud, Deputy Governor of Hail Region. Organised in partnership with IntroGate Company, the - [Dubai Launches Three-Month Incubator to Create 50 Emirati-Owned Engineering Companies](https://menastartupdigest.com/dubai-launches-three-month-incubator-to-create-50-emirati-owned-engineering-companies/): Dubai has launched the Engineers Incubator initiative to help establish 50 Emirati-owned companies in contracting and engineering consultancy. The programme was created through a cooperation agreement between the Mohammed Bin Rashid Housing Establishment, Dubai Municipality, the Emirati Human Resources Development Council and the New Economy Academy. It is designed to increase the participation of UAE - [Fast Company Middle East to Bring Taste of Innovation to Dubai Future Week](https://menastartupdigest.com/fast-company-middle-east-to-bring-taste-of-innovation-to-dubai-future-week/): Fast Company Middle East will bring its Taste of Innovation event series to Dubai for the first time on November 19, as part of Dubai Future Week 2026. The evening will take place from 6:30 PM to 10 PM at Jun’s in Downtown Dubai. Hosted by Fast Company Middle East and Dubai Future Week, it - [Cleveland Clinic Abu Dhabi Performs Robotic Surgery to Prevent Inherited Colon Cancer](https://menastartupdigest.com/cleveland-clinic-abu-dhabi-performs-robotic-surgery-to-prevent-inherited-colon-cancer/): Surgeons at Cleveland Clinic Abu Dhabi have performed a fully robotic procedure to prevent colon cancer in a 37-year-old woman with Familial Adenomatous Polyposis (FAP), a rare inherited condition linked to a near-100% lifetime risk of the disease if untreated. The complex operation required surgeons to work within the narrow pelvic cavity while preserving nerves - [Dubai Leaders Examine AI and Trade Shifts at Future Economy Majlis](https://menastartupdigest.com/dubai-leaders-examine-ai-and-trade-shifts-at-future-economy-majlis/): Dubai government and business leaders examined how artificial intelligence, changing trade patterns and shifting investment flows could shape the emirate’s future economic growth at the Future Economy Majlis. Held as part of the Mohammed bin Rashid Leadership Forum, the discussions covered global supply chains, the energy transition and AI’s growing impact on economic development, according - [UAE Space Economy Reaches $1.5B as Commercial Spending Gains Ground](https://menastartupdigest.com/uae-space-economy-reaches-1-5b-as-commercial-spending-gains-ground/): The UAE’s space economy grew 27.1% in 2024 to reach $1.5 billion (AED 5.52 billion), with commercial activity accounting for nearly half of total spending, according to the latest Space Economic Survey. Businesses contributed $719 million, or 48% of spending, highlighting their growing role alongside government investment. The survey, produced by the UAE Space Agency - [Huru Launches Jaywan Card in UAE With Paymentology](https://menastartupdigest.com/huru-launches-jaywan-card-in-uae-with-paymentology/): UAE salary and payments app Huru is launching a card on Jaywan, the country’s domestic card scheme, through an expanded partnership with Paymentology. Paymentology will continue to provide the processing technology for Huru’s card programme. Jaywan is operated by Al Etihad Payments, a Central Bank of the UAE subsidiary, and handles card transaction routing, authorisation - [TerraPay Partners with National Bank of Bahrain to Expand Cross-Border Payouts](https://menastartupdigest.com/terrapay-partners-with-national-bank-of-bahrain-to-expand-cross-border-payouts/): National Bank of Bahrain (NBB) has partnered with TerraPay to expand its international payout services through the bank’s existing Swift connection.Under the agreement, NBB will access TerraPay’s network of bank accounts, digital wallets and local payment systems, which TerraPay says spans more than 12 billion endpoints. The partnership is intended to give NBB clients access - [Mashreq Pilots IBM AI Agents to Accelerate Integration Engineering](https://menastartupdigest.com/mashreq-pilots-ibm-ai-agents-to-accelerate-integration-engineering/): Mashreq is piloting IBM Bob, an AI tool designed to help engineers design, build and maintain software, as the UAE bank explores how AI agents can support technology teams across the project lifecycle. According to IBM, early results show a 60% to 70% reduction in time spent on integration design and troubleshooting. Tasks that previously - [UAE Capital Market Authority Revamps Regulatory Legislation Platform](https://menastartupdigest.com/uae-capital-market-authority-revamps-regulatory-legislation-platform/): The UAE Capital Market Authority (CMA) has restructured its legislation platform to make regulatory frameworks easier to access, search and track. The rules are now available in Arabic and English, with content organised into chapters covering regulations in force, approved updates, repealed provisions, archived materials and version history. Users can view current requirements, review previous - [Rain Secures Full VARA Licence for Crypto Exchange in Dubai](https://menastartupdigest.com/rain-secures-full-vara-licence-for-crypto-exchange-in-dubai/): Rain has secured a full licence from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing its Dubai entity to provide virtual asset exchange and broker-dealer services, including margin trading. The licence was issued to Rain MENA FZE, which previously held in-principle approval from VARA. Under Dubai’s two-stage framework, that approval allows a company to prepare for - [Core42 Signs MoU With Assolombarda to Promote Sovereign AI in Lombardy](https://menastartupdigest.com/core42-signs-mou-with-assolombarda-to-promote-sovereign-ai-in-lombardy/): Abu Dhabi-based sovereign cloud and AI infrastructure company Core42 has signed a memorandum of understanding with Assolombarda to support AI adoption and sovereign cloud use across Italy’s Lombardy region. Assolombarda, the largest industrial association within Italy’s Confindustria system, represents 7,158 companies across Milan, Monza and Brianza, Lodi and Pavia. Its members employ more than 440,000 - [Saudi Arabia AI Business Registrations Rise 31% to More Than 24,000](https://menastartupdigest.com/saudi-arabia-ai-business-registrations-rise-31-to-more-than-24000/): AI-related commercial registrations in Saudi Arabia rose 31% year on year to more than 24,000 in the third quarter of 2026, according to the Ministry of Commerce’s latest Business Sector Bulletin. The ministry issued more than 50,000 commercial registrations during the quarter. Cloud computing registrations increased 35% to more than 7,000, while cybersecurity registrations rose - [Saudi Startup Cycls Launches Four AI Agents for Local Businesses](https://menastartupdigest.com/saudi-startup-cycls-launches-four-ai-agents-for-local-businesses/): Riyadh-based AI startup Cycls has launched four specialised agents for individuals and businesses in Saudi Arabia, with models and data hosted on sovereign cloud infrastructure inside the Kingdom. The company said the platform is designed to support regulated industries and address local legal, financial and language requirements. Its agents can handle multi-step work, including research, - [NEP-AI Sends 16 Emirati AI Experts to China for Study Visit](https://menastartupdigest.com/nep-ai-sends-16-emirati-ai-experts-to-china-for-study-visit/): The National Experts Programme – Artificial Intelligence Track (NEP-AI) is sending 16 Emirati AI experts to Beijing and Shanghai for a five-day study visit focused on China’s research, technology and digital government ecosystem. Running from 12 to 16 October 2026, the visit is organised under the theme “AI Governance, Smart Nation Systems and Digital Government.” - [Saudi Ecoryx Launches Climedge AI Platform for Sustainability Data](https://menastartupdigest.com/saudi-ecoryx-launches-climedge-ai-platform-for-sustainability-data/): Saudi-founded sustainability company Ecoryx has launched Climedge, an AI-powered platform designed to help companies manage emissions and sustainability data in one place. Launched in Al Khobar on 7 October 2026, Climedge connects with existing company systems, automates emissions tracking and generates audit-ready reports aligned with frameworks including the Global Reporting Initiative (GRI), according to the - [Abu Dhabi Chamber Connects 11 Local Companies With Global Partners in London](https://menastartupdigest.com/abu-dhabi-chamber-connects-11-local-companies-with-global-partners-in-london/): The Abu Dhabi Chamber of Commerce and Industry connected 17 representatives from 11 Abu Dhabi-based companies with British and international organizations through its Global Executive Connect program in London. The delegation held more than 30 targeted business meetings focused on investment opportunities, commercial partnerships and international expansion. The meetings were arranged through a network of - [R-Chief Labs Builds AI-Powered Medical Research and Hospital Software in Lebanon](https://menastartupdigest.com/r-chief-labs-builds-ai-powered-medical-research-and-hospital-software-in-lebanon/): Beirut-based health-tech startup R-Chief Labs is developing software to connect medical research, hospital operations and clinical data across Lebanon and the wider region. Founded in 2026 by physician and researcher Dr. Yehya Tlaiss, the company has launched two products. R-Chief Research helps doctors, residents and students discover clinical studies, collaborate on projects and track contributions - [Qatar to Host MWC26 and ITU Conference in Doha](https://menastartupdigest.com/qatar-to-host-mwc26-and-itu-conference-in-doha/): Qatar will host two major international connectivity conferences in Doha next month, bringing together policymakers, telecom operators and technology companies to discuss artificial intelligence, satellite connectivity and digital infrastructure. GSMA’s Mobile World Congress 2026 Doha will run from November 8 to 10 at the Doha Exhibition and Convention Center. It will overlap with the International - [Keeta Launches First Keeta Karnival Across the UAE’s Seven Emirates](https://menastartupdigest.com/keeta-launches-first-keeta-karnival-across-the-uaes-seven-emirates/): Keeta has launched the first edition of Keeta Karnival in the UAE, a food delivery campaign running from 15 to 31 October 2026 across all seven emirates. The campaign features offers from thousands of restaurants, including discounts of up to 50% during the main promotional period. Customers can find participating restaurants and activities through the - [Egypt’s Entrepreneurship Center Holds Idea Camp for Sohag Youth](https://menastartupdigest.com/egypts-entrepreneurship-center-holds-idea-camp-for-sohag-youth/): Egypt’s Entrepreneurship and Innovation Center has completed the sixth round of its governorates program with a three-day idea-generation camp at Sohag University, held from October 11 to 13, 2026. The center, affiliated with the National Governance and Sustainable Development Institute, said the program aims to expand access to entrepreneurship and innovation training for young people - [30 Saudi Talents Showcase Energy Innovations at Riyadh Petroleum Conference](https://menastartupdigest.com/30-saudi-talents-showcase-energy-innovations-at-riyadh-petroleum-conference/): Thirty members of Saudi Arabia’s King Abdulaziz and His Companions Foundation for Giftedness and Creativity, known as Mawhiba, presented projects at the World Petroleum Conference in Riyadh, highlighting ideas in renewable energy, carbon capture and artificial intelligence. The projects included a locally developed nanomaterial-based carbon capture technology that aims to reduce costs by 30%, according - [Kuwait International Innovation Competition Names 60 Winners from 20 Countries](https://menastartupdigest.com/kuwait-international-innovation-competition-names-60-winners-from-20-countries/): The fourth Kuwait International Competition for Innovation, Entrepreneurship, Artificial Intelligence and Technology has concluded with 60 winners receiving medals, certificates and awards, according to the announcement. Organized annually by Ecosystem Management and Economic Consultancy, the 2026 edition brought together 600 experts, scientists and innovators, with winners representing 20 countries. The competition covered six categories spanning - [Qatar’s Namaa Center Concludes Small Entrepreneur Program for 40 Young Participants](https://menastartupdigest.com/qatars-namaa-center-concludes-small-entrepreneur-program-for-40-young-participants/): Namaa Center, part of the Qatar Foundation for Social Work under the Ministry of Social Development and Family, has concluded its “Small Entrepreneur” program for 40 young participants. The two-week program introduced participants to entrepreneurship, creative thinking, innovation, marketing and understanding customer needs. It also focused on linking business ideas with sustainability practices. According to - [Egypt’s National Research Centre Launches Free Program to Turn Research Innovations into Investment Opportunities](https://menastartupdigest.com/egypts-national-research-centre-launches-free-program-to-turn-research-innovations-into-investment-opportunities/): Egypt’s National Research Centre will launch a free training programme on October 14 to help researchers and innovators turn scientific ideas into market-ready and investable projects. titled “Beyond the Idea: From Innovation to Market and Investment,” the programme will take place across three training days, on October 14, 19 and 21, at the centre’s headquarters - [Jordan University Delegation Explores US Innovation in Agriculture and Food](https://menastartupdigest.com/jordan-university-delegation-explores-us-innovation-in-agriculture-and-food/): A delegation from Jordan’s University of Science and Technology visited Virginia to study US approaches to innovation and entrepreneurship in the agriculture and food sectors. The study visit was organised by the International Research & Exchanges Board (IREX) and focused on how research and technology can help develop solutions to challenges facing both industries. The - [Saudi Arabia Announces Winners of Global SpaceUp Competition](https://menastartupdigest.com/saudi-arabia-announces-winners-of-global-spaceup-competition/): Saudi Arabia’s Communications, Space and Technology Commission and Saudi Space Agency have announced the winners of the global SpaceUp competition, held alongside the 2026 Global Connectivity and Space Sustainability Event in Riyadh. The competition received 690 submissions from more than 50 countries and helped localize the operations of over 40 companies in Saudi Arabia, according - [Egypt’s Innovators Fund Appoints Hany Eiad as Executive Director](https://menastartupdigest.com/egypts-innovators-fund-appoints-hany-eiad-as-executive-director/): Egypt’s Innovators and Geniuses Welfare Fund has appointed Dr. Hany Eiad as its executive director, according to an announcement by the fund, which operates under the Ministry of Higher Education and Scientific Research. Eiad will oversee efforts to support Egypt’s innovation and entrepreneurship ecosystem, including innovators, entrepreneurs and startups. His appointment follows a career spanning - [Capital University’s Creative Arts Incubator Expands Training and Entrepreneurship Support](https://menastartupdigest.com/capital-universitys-creative-arts-incubator-expands-training-and-entrepreneurship-support/): The Creative Arts Incubator at Capital University’s Faculty of Art Education is expanding efforts to connect artistic skills with market opportunities through specialized training, exhibitions and entrepreneurship partnerships. The incubator offers practical workshops in textiles, wood, leather, laser techniques and CNC engraving. The programs are designed to help students and creative talent develop ideas into - [Egypt’s Parliament Committee Plans New Incentives for Startups and AI Ventures](https://menastartupdigest.com/egypts-parliament-committee-plans-new-incentives-for-startups-and-ai-ventures/): A committee in Egypt’s House of Representatives has approved a work plan that includes reviewing the country’s small and medium-sized enterprise law and expanding support for startups, entrepreneurship and technology-driven businesses. The Committee for Medium, Small and Micro Enterprises said it will study amendments to Law No. 152 of 2020 to reflect economic changes. The - [IGNITE Launches MENA Social-Commerce Platform in Dubai](https://menastartupdigest.com/ignite-launches-mena-social-commerce-platform-in-dubai/): IGNITE Social Enterprise has launched IGNITE MENA, a regional platform combining entrepreneurship, AI-powered learning, wellness and lifestyle brands. Unveiled at an event at Atlantis Dubai, the platform will support independent Brand Affiliates and customers through digital business tools, practical learning and a portfolio of consumer products. The company said its regional focus will include skills - [HUMAIN and Napster Partner to Build Arabic AI Digital Employees](https://menastartupdigest.com/humain-and-napster-partner-to-build-arabic-ai-digital-employees/): Saudi AI company HUMAIN, a subsidiary of the Public Investment Fund, has partnered with Napster to develop Arabic-speaking AI digital employees for government and private-sector organisations across the Middle East and North Africa. The partnership will combine HUMAIN’s IQ platform, Allam large language model and HUMAIN Voice technologies with Napster’s visual presence, smart persona and - [Rasmal Ventures and Strategic Gears Sign MoU to Connect Saudi Arabia and Asian Markets](https://menastartupdigest.com/rasmal-ventures-and-strategic-gears-sign-mou-to-connect-saudi-arabia-and-asian-markets/): Qatar-based investment firm Rasmal Ventures has signed a memorandum of understanding with Saudi consulting firm Strategic Gears to support companies expanding between Saudi Arabia and Asian markets. Under the agreement, Rasmal Ventures will provide Strategic Gears and its clients with access to business networks and investment opportunities across Asia. Strategic Gears will support Rasmal Ventures - [Anthropic Warns Self-Replicating AI Models Could Spread Online Within Months](https://menastartupdigest.com/anthropic-warns-self-replicating-ai-models-could-spread-online-within-months/): Anthropic has warned that smaller artificial intelligence models could soon replicate across internet-connected devices, creating autonomous cyber threats that may be difficult to detect and stop. In research published on October 12, 2026, the company said increasingly capable AI agents could combine computing resources from low-cost connected devices and reproduce without continuous human intervention. Controlled - [Character.AI Files for Chapter 11 Bankruptcy, Accepts $20M Disney Bid](https://menastartupdigest.com/character-ai-files-for-chapter-11-bankruptcy-accepts-20m-disney-bid/): Character.AI has filed for Chapter 11 bankruptcy in the United States and agreed to a proposed $20 million asset deal with Walt Disney as the AI chatbot startup faces mounting legal challenges. Under the court-supervised process, Disney will act as the initial, or “stalking-horse,” bidder for a non-exclusive, perpetual license to selected Character.AI intellectual property. - [Oraseya Capital Doubles Venture Fund to $272.3M](https://menastartupdigest.com/oraseya-capital-doubles-venture-fund-to-272-3m/): Dubai Integrated Economic Zones Authority (DIEZ) has doubled the venture capital fund managed by its investment arm, Oraseya Capital, to $272.3M (AED 1B) from $136.2M (AED 500M). The expansion raises Oraseya’s maximum investment per company to $6M, up from $3M, allowing it to participate in larger funding rounds and support companies beyond Series B. The - [Microsoft Unveils Maia 300 AI Chip, Targets More Than 1M Units in 2027](https://menastartupdigest.com/__trashed-35/): Microsoft has unveiled Maia 300, its third-generation custom AI chip, and said it could deploy more than one million units in 2027 as it expands its in-house AI infrastructure. Announced on October 12, 2026, the processor is designed for demanding workloads including software development, data processing and tasks handled by autonomous AI agents. Microsoft said - [Foodics Invests in Funding Souq to Expand SME Financing in Saudi Arabia and UAE](https://menastartupdigest.com/foodics-invests-in-funding-souq-to-expand-sme-financing-in-saudi-arabia-and-uae/): Saudi Arabia-based fintech Funding Souq has secured a strategic investment from restaurant technology company Foodics, which is now a major investor in the round. The investment amount and ownership stake were not disclosed. Founded in 2020 by Martin Jaouni, Funding Souq operates a Shariah-compliant SME financing platform regulated by the Saudi Central Bank and the - [UAE Adtech Startup JustAd Raises $5M from Angel Investor Imad Jomaa](https://menastartupdigest.com/uae-adtech-startup-justad-raises-5m-from-angel-investor-imad-jomaa/): UAE-based adtech startup JustAd has secured $5 million from angel investor Imad Jomaa to expand beyond the MENA region. The investment stage and the company’s valuation were not disclosed. Founded in 2025 by Ahmed Elsayed, JustAd operates an AI-powered marketing platform for managing, tracking and analysing campaigns across Meta, TikTok, Snapchat and Google Ads. Its - [RTA Dubai and ADNOC Among Winners of 2026 AI World Series Awards](https://menastartupdigest.com/rta-dubai-and-adnoc-among-winners-of-2026-ai-world-series-awards/): Dubai’s Roads and Transport Authority (RTA) and ADNOC were among the leading winners at the third annual AI World Series Awards, held at Dubai Silicon Oasis on Thursday, 8 October 2026. Organised by Dubai-based AI for Business Institute, the awards recognised AI projects across 16 categories. RTA won for AI in Customer Engagement & Experience - [Egypt’s Youth Ministry and FRA Sign MoU to Support Fintech Entrepreneurship](https://menastartupdigest.com/egypts-youth-ministry-and-fra-sign-mou-to-support-fintech-entrepreneurship/): Egypt’s Ministry of Youth and Sports has signed a memorandum of understanding with the Financial Regulatory Authority (FRA) to support youth entrepreneurship, innovation and fintech across the country. The partnership will provide training, workshops and awareness sessions focused on fintech, non-bank financial services, financial literacy and business model development. It will also support promising ideas - [Sharjah Investment Forum to Highlight AI, Smart Cities and Business Resilience](https://menastartupdigest.com/sharjah-investment-forum-to-highlight-ai-smart-cities-and-business-resilience/): The ninth Sharjah Investment Forum will bring together entrepreneurs, investors and business experts on October 14 and 15 to explore how economies can become more resilient and turn investment opportunities into scalable ventures. Held at the Al Jawaher Reception and Convention Centre in Sharjah, the forum will feature more than 140 activities covering artificial intelligence, - [New Cairo Technological University Holds Innovation Session Ahead of Egypt Forum 2026](https://menastartupdigest.com/new-cairo-technological-university-holds-innovation-session-ahead-of-egypt-forum-2026/): New Cairo Technological University has held a session on innovation, entrepreneurship and competitiveness as part of preparations for Egypt Forum 2026, scheduled for October 19 to 24. The discussion brought together 25 faculty members, alongside university officials and experts, to explore ways to connect technological education with industry needs and the labor market. The session - [MIS Receives HUMAIN Work Order Worth More Than 135% of 2025 Revenue](https://menastartupdigest.com/mis-receives-humain-work-order-worth-more-than-135-of-2025-revenue/): Al Moammar Information Systems (MIS) has received a fourth work order from HUMAIN worth more than 135% of its total 2025 revenue, according to a disclosure on the Saudi Exchange. The order covers the design and construction of data centers dedicated to artificial intelligence technologies. Received on October 10, 2026, the work order has a - [UAE and Japan Deepen Cooperation in AI, Advanced Manufacturing and Research](https://menastartupdigest.com/uae-and-japan-deepen-cooperation-in-ai-advanced-manufacturing-and-research/): The UAE is working to expand its strategic partnership with Japan in artificial intelligence, advanced manufacturing and scientific research following a Ministry of Industry and Advanced Technology (MoIAT) visit to Tokyo and Kyoto. Led by MoIAT Undersecretary Hasan Jasem Al Nowais, the UAE delegation joined the UAE–Japan Technology and Artificial Intelligence Roundtable in Tokyo and - [Qatar’s CCQ to Launch Artificial Intelligence and Digital Media Degrees in 2027](https://menastartupdigest.com/qatars-ccq-to-launch-artificial-intelligence-and-digital-media-degrees-in-2027/): The Community College of Qatar (CCQ) will launch associate degrees in Artificial Intelligence and Digital Media in Spring 2027, with classes starting on January 10. The first cohort will include 108 students: 48 in Artificial Intelligence and 60 in Digital Media. Transfers for current CCQ students will open on October 18, 2026, while applications from - [Saudi LYNX Racing Wins STEM Racing World Championship in Singapore](https://menastartupdigest.com/saudi-lynx-racing-wins-stem-racing-world-championship-in-singapore/): Saudi team LYNX Racing has won the STEM Racing World Championship, securing an international milestone for young talent in engineering, innovation and technology. The team reached the global competition in Singapore after progressing through stages covering engineering design, miniature car development, data analysis, project management and teamwork. It competed against student teams from around the - [Kuwait’s New Media Law Regulates Influencers, Bloggers and Digital Publishers](https://menastartupdigest.com/kuwaits-new-media-law-regulates-influencers-bloggers-and-digital-publishers/): Kuwait has introduced a new media regulation framework covering social media influencers, bloggers, vloggers, digital publishers and online advertisers. Decree-Law No. 102 of 2026, published in the Official Gazette in October, consolidates rules previously spread across laws governing publications, audiovisual media and electronic media. It also extends the framework to digital news platforms, online advertising, - [SYNC’26 Draws 2,000 Participants to Damascus Technology and Entrepreneurship Conference](https://menastartupdigest.com/sync26-draws-2000-participants-to-damascus-technology-and-entrepreneurship-conference/): More than 2,000 developers, engineers, students and entrepreneurs attended SYNC’26, a two-day technology and entrepreneurship conference held at the Damascus Opera House. Organized by SYNC in coordination with Syria’s Ministry of Communications and Technology, the conference brought together experts from Syria and abroad, including representatives of technology companies based in Germany, Canada and the Gulf - [Qassim Entrepreneurship Forum Riyad 26 Launches with 95 Participating Entities](https://menastartupdigest.com/qassim-entrepreneurship-forum-riyad-26-launches-with-95-participating-entities/): Saudi Arabia’s Qassim Entrepreneurship Forum, “Riyad 26,” opened on October 12 at the King Khalid Cultural Center in Buraydah, bringing together more than 95 government, private-sector, financing and entrepreneurship-support organisations. Held under the patronage of Prince Dr. Faisal bin Mishaal bin Saud bin Abdulaziz, the forum runs through October 15. It brings together entrepreneurs, innovators, - [Qatar Science And Technology Park Drives Startup Ecosystem Growth With 30 Million Fund And AI Focus](https://menastartupdigest.com/qatar-science-and-technology-park-drives-startup-ecosystem-growth-with-30-million-fund-and-ai-focus/): The innovation landscape in the MENA region is experiencing a massive shift as Qatar Science & Technology Park (QSTP) accelerates its efforts to position Doha as a premier global hub for technology and entrepreneurship. Under the leadership of President Rama El Shakkak, the tech park has witnessed an unprecedented surge in interest, scaling its operations - [Kuwaiti Project Reachlink Wins cBest Startup Award](https://menastartupdigest.com/kuwaiti-project-reachlink-wins-cbest-startup-award/): Kuwaiti project Reachlink has won the Best Company award in the Startup category at the GCC level, according to the National Fund for Small and Medium Enterprise Development. The award was presented during a ceremony in Manama, Bahrain, honoring leading projects and figures in civil service, labor and social affairs across the GCC. Basma Al-Jassem, - [Palestinian Investment Forum to Bring 20 Startups to Dubai on October 25](https://menastartupdigest.com/palestinian-investment-forum-to-bring-20-startups-to-dubai-on-october-25/): The Palestinian Business Council will hold the first Palestinian Investment Forum on October 25 at SEE Institute in Dubai’s Sustainable City, bringing together investors, entrepreneurs, business leaders and Palestinian talent. The forum will focus on strengthening business ties between Palestine and the UAE, showcasing growth-oriented projects and creating direct connections between investors, founders and decision-makers. - [Microsoft CEO Satya Nadella Calls for an Emergency Brake on AI Models](https://menastartupdigest.com/microsoft-ceo-satya-nadella-calls-for-an-emergency-brake-on-ai-models/): Microsoft CEO Satya Nadella has called for stronger safeguards around AI models, including a way for authorised humans to pause or shut them down during tasks. In a post on X, Nadella said the industry needs to reassess the “trust architecture” of AI systems. He argued that models should be separated from the software layer - [TEXPO 2026 Concludes in Damascus With More Than 120 Companies](https://menastartupdigest.com/texpo-2026-concludes-in-damascus-with-more-than-120-companies/): The second TEXPO International Technology and Innovation Exhibition concluded in Damascus on Sunday, bringing together more than 120 local and international companies across 29 technology sectors. Organized by Glovent under the auspices of Syria’s Ministry of Economy and Industry, the four-day event featured companies working in artificial intelligence, digital transformation, cybersecurity, telecommunications, industrial technology, energy, - [Syria and Meta Discuss Restoring Facebook, Instagram and WhatsApp Business Services](https://menastartupdigest.com/syria-and-meta-discuss-restoring-facebook-instagram-and-whatsapp-business-services/): Syria’s communications minister has discussed restoring advertising tools and other commercial services on Facebook, Instagram and WhatsApp with Meta’s regional leadership, as Damascus seeks to support online businesses and expand digital connectivity. Communications and Information Technology Minister Abdulsalam Haykal met Fares Akkad, Meta’s managing director for the Middle East and Africa, at the ministry’s headquarters - [Egypt’s AI for Education Hackathon 2026 Enters Final Round with EGP 450,000 in Prizes](https://menastartupdigest.com/egypts-ai-for-education-hackathon-2026-enters-final-round-with-egp-450000-in-prizes/): The final round of Egypt’s AI for Education Hackathon 2026 will take place on Tuesday, October 13, at Egypt University of Informatics in Knowledge City in the New Administrative Capital. The competition offers seven prizes worth a combined EGP 450,000. The hackathon attracted 600 participants, with 300 students and startup representatives reaching the final stage. - [8 Palestinian Startups Present at Nawah Pre-Accelerator Showcase Day](https://menastartupdigest.com/8-palestinian-startups-present-at-nawah-pre-accelerator-showcase-day/): Eight Palestinian startups presented their businesses at the Nawah Pre-Accelerator Cycle 2 Showcase Day in Palestine, covering sectors including MedTech, HealthTech, renewable energy, information security, FMCG, e-commerce and MusicTech. The participating founders were Mushtari, Audo, Klinico, Sarai, CapTab, Venda, ENX Energy Nexus and MeLooping, according to a post by Flat6Labs. During the program, the founders - [Etisalat Misr Innovation Challenge Seeks Digital Healthcare Solutions](https://menastartupdigest.com/etisalat-misr-innovation-challenge-seeks-digital-healthcare-solutions/): The Innovation Challenge is calling for ideas that turn healthcare challenges into digital solutions, with applications due by 14 October 2026. The initiative is associated with etisalat misr Foundation, Flat6Labs, etisalat business, the Norwegian Embassy Cairo and UNFPA. The announcement does not provide further details on eligibility, program stages, funding or other benefits. Apply to - [Startup Syria Opens Nominations for 2026 Awards](https://menastartupdigest.com/startup-syria-opens-nominations-for-2026-awards/): Startup Syria has opened nominations for its 2026 awards, recognising startups, entrepreneurs, organisations and community leaders contributing to Syria’s entrepreneurial ecosystem. The awards cover four categories: Startup of the Year, Entrepreneur of the Year, Organization of the Year and Community Enabler of the Year. Eligibility is open to Syrian founders, Syrian-led startups and organisations working - [Auto Pulse Partners With Tradeline to Distribute AI Car Device in Egypt](https://menastartupdigest.com/auto-pulse-partners-with-tradeline-to-distribute-ai-car-device-in-egypt/): Egyptian automotive technology startup Auto Pulse has signed a strategic partnership with retail chain Tradeline to distribute its vehicle-monitoring device, app and subscriptions through Tradeline’s stores. The rollout will begin at 13 Tradeline branches across Greater Cairo. Over the next six months, distribution is expected to expand to 30 locations, including all Tradeline branches and - [Oman’s Riyada Honors Winners of Dhofar Student Startup Camp](https://menastartupdigest.com/omans-riyada-honors-winners-of-dhofar-student-startup-camp/): Oman’s Authority for Small and Medium Enterprises Development, known as Riyada, has honored the winning teams from the third edition of its Promising Student Projects Camp in Dhofar. The five-day camp was organized in partnership with the University of Technology and Applied Sciences in Salalah and delivered by Jahez Academy for Training and Development. It - [Tamkeen Names Miralac and Early Riser Winners of Gulf Startup Competition](https://menastartupdigest.com/tamkeen-names-miralac-and-early-riser-winners-of-gulf-startup-competition/): Bahrain’s Labour Fund, Tamkeen, has announced the winners of the Gulf edition of its Startup competition for industrial startups, with UAE-based Miralac taking first place and Bahrain’s Early Riser finishing second. The competition was held in Bahrain alongside the Made in Gulf 2026 Forum and Exhibition. It brought together startups nominated to represent four GCC - [14 Hub71 Startups Recognized in UAE Future 100 Initiative](https://menastartupdigest.com/14-hub71-startups-recognized-in-uae-future-100-initiative/): Fourteen startups from Abu Dhabi-based Hub71 have been recognized in the UAE’s Future 100 initiative, which highlights ventures contributing to the country’s future economy through innovation and impact. The recognized startups are Circa BioTech, Electrogenos, Healthstay, FortyGuard, Housecall, HyveGeo, InvoiceMate, Metric, New Path Bio, NodeShift, Ovasave, P1 Energy, Toothpick and Energent ai. Hub71 said the - [Abhi and NymCard Partner to Streamline SME Credit in the UAE](https://menastartupdigest.com/abhi-and-nymcard-partner-to-streamline-sme-credit-in-the-uae/): UAE fintech startups Abhi and NymCard have announced a strategic partnership to help banks and licensed financial institutions deliver digital credit products to small and medium-sized enterprises faster. The collaboration combines Abhi’s embedded finance solutions, including SME financing and Earned Wage Access, with NymCard’s payments infrastructure. Together, the platforms support key steps in the SME - [MENACatalyst Opens Applications for $10,000 Impact Founders Challenge](https://menastartupdigest.com/menacatalyst-opens-applications-for-10000-impact-founders-challenge/): MENACatalyst Foundation has opened applications for the second Impact Founders Challenge, offering one early-stage Palestinian startup a $10,000 prize. The challenge is open to ventures based in Palestine with a validated idea, prototype or MVP. Startups with early traction can also apply, with priority given to teams addressing social, environmental or economic challenges across areas - [Swvl Revenue Rises 59% to $16.22M in H1 2026 as GCC Expansion Accelerates](https://menastartupdigest.com/swvl-revenue-rises-59-to-16-22m-in-h1-2026-as-gcc-expansion-accelerates/): Swvl’s revenue rose 59% year-on-year to $16.22M in the first half of 2026, driven by expansion in Saudi Arabia, the UAE and Kuwait. The mobility company also reported lower gross margins and $2.02M in operating cash outflows during the period. GCC revenue more than doubled to $7.12M, contributing $3.68M of the $6.03M increase in total - [Saudi Autobia Raises $12M Series A to Expand Digital Auto Parts Platform](https://menastartupdigest.com/saudi-autobia-raises-12m-series-a-to-expand-digital-auto-parts-platform/): Saudi B2B autotech startup Autobia has raised $12 million in a Series A round led by Artal Capital, with participation from Aljazira Capital and Wa’ed Ventures, the venture capital arm of Saudi Aramco. Founded in 2021 by Emad Daghreri and Ahmed Alawfi, Autobia runs a digital marketplace connecting auto parts retailers and wholesalers with verified - [Egypt’s ParlexAI Joins Sixth Visa Africa FinTech Accelerator Cohort](https://menastartupdigest.com/egypts-parlexai-joins-sixth-visa-africa-fintech-accelerator-cohort/): Egyptian startup ParlexAI has joined the sixth cohort of the Visa Africa FinTech Accelerator, which launched in Accra, Ghana, with 21 fintech companies from nine African countries operating across 24 markets. The cohort includes startups working on stablecoins, agentic commerce, sustainable finance, payments and financial infrastructure. Companies from Niger, Togo and Seychelles are participating for - [Endeavor MENA to Work With Egyptian Exchange on Startup Exit Path](https://menastartupdigest.com/endeavor-mena-to-work-with-egyptian-exchange-on-startup-exit-path/): Endeavor MENA will work with the Egyptian Exchange to create a clearer path for fast-growing startups to access Egypt’s capital markets, according to Amr El Abd, the organisation’s regional director and an adviser to the prime minister on entrepreneurship. Writing on Facebook, El Abd said the strength of a country’s stock market is closely linked - [Endeavor Catalyst Closes $320M Fund to Back Startups Beyond Silicon Valley](https://menastartupdigest.com/endeavor-catalyst-closes-320m-fund-to-back-startups-beyond-silicon-valley/): Endeavor Catalyst, the venture capital arm of global entrepreneurship network Endeavor, has closed its fifth fund at $320 million, taking assets under management above $850 million. The oversubscribed fund drew around 400 limited partners, including the founders of Nubank, Revolut, Checkout.com and Careem, as well as Reid Hoffman, Bill Ackman and Prosus. Around 30% of - [SoftBank Seeks Up to $100B From Gulf Investors for New AI Fund](https://menastartupdigest.com/softbank-seeks-up-to-100b-from-gulf-investors-for-new-ai-fund/): SoftBank is reportedly seeking up to $100 billion from Gulf investors to launch an artificial intelligence-focused investment fund, according to a Financial Times report cited in the announcement. The Japanese technology group plans to use the fund to acquire companies and improve their operations through AI and other advanced technologies. CEO Masayoshi Son has held - [Mastercard Expands stc pay Bahrain Partnership to Support SMEs](https://menastartupdigest.com/mastercard-expands-stc-pay-bahrain-partnership-to-support-smes/): Mastercard has expanded its partnership with stc pay Bahrain to support small and medium-sized enterprises (SMEs), as businesses show growing demand for digital payment tools. Under the agreement, Mastercard will continue powering stc pay Bahrain’s digital wallet card portfolio, including a Mastercard Business prepaid card designed to help companies manage payments and expenses. The companies - [LvlUp Ventures Builds Startup Network Around 1,000+ Portfolio Companies](https://menastartupdigest.com/lvlup-ventures-builds-startup-network-around-1000-portfolio-companies/): LvlUp Ventures is building a connected startup ecosystem around its portfolio of more than 1,000 companies, rather than treating each investment as a standalone business. Founded in 2023, the firm has backed the companies through 15 funds and programs. According to the announcement, its network includes founders, investors, operators, corporate partners and industry specialists, with - [Maida Muhyiddin Nazer Innovation Award Names Winners After Five-Day Hackathon](https://menastartupdigest.com/maida-muhyiddin-nazer-innovation-award-names-winners-after-five-day-hackathon/): The fourth edition of the Maida Muhyiddin Nazer Innovation Award concluded on October 8, with teams recognized for developing technology and AI-based solutions to social challenges. Held at Dar Al-Hekma University from October 4 to 8, the innovation hackathon brought together 150 female participants who formed 41 teams and presented 41 projects. The challenges focused - [Saudi-Swiss Watch Brand Forlan Marri Secured CHF1M in First Minute of Crowdfunding](https://menastartupdigest.com/saudi-swiss-watch-brand-forlan-marri-secured-chf1m-in-first-minute-of-crowdfunding/): Saudi-Swiss watch brand Forlan Marri received orders worth CHF1 million, or about SAR4.5 million, within the first minute of launching its crowdfunding campaign, co-founder Hamad Al Marri told Al Eqtisadiah. The campaign reached its CHF75,000 target in just 35 seconds. Customers paid upfront, allowing the company to fund production and deliver the watches about six - [Ajloun Vocational Training Institute Holds Entrepreneurship Activities](https://menastartupdigest.com/ajloun-vocational-training-institute-holds-entrepreneurship-activities/): Ajloun Vocational Training Institute has delivered a series of specialised entrepreneurship activities through a partnership between the Vocational Training Corporation, the إرادة programme and the Royal Scientific Society. The activities included sessions on generating business ideas, identifying opportunities and turning concepts into viable projects. Participants also attended a session on project marketing, covering basic tools - [University of Algiers 3 Hosts Forum on Academic Entrepreneurship and Digital Transformation](https://menastartupdigest.com/university-of-algiers-3-hosts-forum-on-academic-entrepreneurship-and-digital-transformation/): The Faculty of Economic, Commercial and Management Sciences at the University of Algiers 3 hosted a national forum focused on academic entrepreneurship, digital transformation and the development of entrepreneurship in Algeria. Organized by the university’s Laboratory of Change Management in Algerian Enterprises, in partnership with the University of Algiers 3 Business Incubator and the University - [Dubai Hosts Palestinian Investment Forum 2026 With 20 Startups](https://menastartupdigest.com/dubai-hosts-palestinian-investment-forum-2026-with-20-startups/): Dubai hosted the first Palestinian Investment Forum 2026 on October 25, bringing together around 20 startups from Palestine and the UAE with investors, entrepreneurs, business leaders and project owners. Organised by the Palestinian Business Council at SEE Institute in Sustainable City, the forum aimed to strengthen connections across the Palestinian business community and highlight investment - [UAE’s 100 Companies of the Future Honours Third Cohort of 100 Startups](https://menastartupdigest.com/uaes-100-companies-of-the-future-honours-third-cohort-of-100-startups/): The UAE’s 100 Companies of the Future initiative has honoured its third cohort of 100 startups during Investopia Bridge 2026 in Abu Dhabi, recognising their work across new economy sectors. The initiative, jointly run by the Ministry of Economy and Tourism and the Government Development and Future Office, also opened nominations for its next edition - [Abu Dhabi Partners with The Boring Company to Explore Underground Infrastructure](https://menastartupdigest.com/abu-dhabi-partners-with-the-boring-company-to-explore-underground-infrastructure/): The Abu Dhabi Projects and Infrastructure Centre (ADPIC) has signed an agreement with The Boring Company to assess underground transport, utility tunnels and related infrastructure across the emirate. The exploratory partnership will examine tunnel planning, boring technologies, construction methods, safety, maintenance, automation and delivery models. It will also include work on local skills development, according - [Fintech Forward 2026 Draws 2,900 Participants and Announces 60 MoUs in Bahrain](https://menastartupdigest.com/fintech-forward-2026-draws-2900-participants-and-announces-60-mous-in-bahrain/): Fintech Forward 2026 concluded at Exhibition World Bahrain with more than 2,900 local and international participants and over 60 memoranda of understanding, strategic partnerships and other initiatives, according to the announcement. The fourth edition recorded a 65% year-on-year increase in announcements and signings, while also achieving its highest attendance of sponsors and exhibitors. The event - [Tarabut Signs MoU with Khaleeji Bank to Enhance Digital Banking in Bahrain](https://menastartupdigest.com/tarabut-signs-mou-with-khaleeji-bank-to-enhance-digital-banking-in-bahrain/): Tarabut has signed a memorandum of understanding with Bahrain’s Khaleeji Bank to support the development of its digital banking channels and customer experience. The agreement, signed on the sidelines of FinTech Forward 2026, will see the two organisations explore the use of Tarabut’s open banking connectivity and financial data analytics technology. The platform’s capabilities include - [SINNAD and Khaleeji Bank Expand Partnership in Bahrain](https://menastartupdigest.com/sinnad-and-khaleeji-bank-expand-partnership-in-bahrain/): SINNAD and Khaleeji Bank have signed an agreement to expand their existing partnership and broaden the banking and payment solutions available to the bank’s customers. The agreement was signed on the sidelines of FinTech Forward 2026 in Bahrain. It will allow Khaleeji Bank to use SINNAD’s payment technologies and technical expertise to further develop its - [Beyon Connect Integrates Taptap Send with Bahrain’s eKey 2.0](https://menastartupdigest.com/beyon-connect-integrates-taptap-send-with-bahrains-ekey-2-0/): Beyon Connect, part of the Beyon Group, has integrated Taptap Send into Bahrain’s revamped eKey 2.0 ecosystem, enabling digital authentication of national identity and electronic know-your-customer (eKYC) checks. The integration is now part of Taptap Send’s registration and identity verification process in Bahrain. Customers can use eKey 2.0 to verify their identity and access the - [Beyon Connect and BENEFIT Sign MoU to Explore International FinTech Opportunities](https://menastartupdigest.com/beyon-connect-and-benefit-sign-mou-to-explore-international-fintech-opportunities/): Bahrain-based digital organisations Beyon Connect and BENEFIT have signed a strategic memorandum of understanding to explore potential FinTech collaborations in international markets. The agreement was signed during Fintech Forward 2026 by Richard Budel, CEO of Beyon Connect, and Abdulwahed AlJanahi, CEO of BENEFIT. The companies said the partnership will bring together their capabilities in digital - [Miralac and Early Riser Win StartUp GCC Startup Showcase in Bahrain](https://menastartupdigest.com/miralac-and-early-riser-win-startup-gcc-startup-showcase-in-bahrain/): Miralac from the UAE and Bahrain’s Early Riser took the top two spots at StartUp GCC, a startup showcase held in Bahrain for companies working in the industrial and manufacturing sectors. Miralac won first place, while Early Riser finished second. Oman’s Muscat Forge and Qatar’s Enavra also participated in the event, presenting their business models, - [Mubadala Raises Asia Portfolio Share to 13% as It Expands Regional Investments](https://menastartupdigest.com/mubadala-raises-asia-portfolio-share-to-13-as-it-expands-regional-investments/): Mubadala, Abu Dhabi’s sovereign wealth fund, is increasing its focus on Asia, with investments in the region now representing 13% of its portfolio, up from 10% three years ago. Chief Financial Officer Carlos Obeid said the fund has been building its exposure to China, South Korea and India while developing a broader pipeline of opportunities - [43% of Qatar SMEs Would Switch Providers for All-in-One Payment Tools, Visa Finds](https://menastartupdigest.com/43-of-qatar-smes-would-switch-providers-for-all-in-one-payment-tools-visa-finds/): Nearly half of Qatar’s small and medium-sized enterprises would consider changing providers to access an all-in-one tool combining payments with other business functions, according to Visa’s Pay and Get Paid 2026 report. Digital payments are already widely used by the SMEs surveyed, but only 43% currently use a system that connects payments to other business - [Syrian Home Healthcare Startup Alo Hakeem Closes $165K Pre-Seed Round](https://menastartupdigest.com/syrian-home-healthcare-startup-alo-hakeem-closes-165k-pre-seed-round/): Syrian home healthcare startup Alo Hakeem has closed a $165,000 pre-seed funding round led by EBLA Ventures, according to the company. Founded in 2025 by Albaraa Abdulsalam and Abdullatif Al-Baroudi, Alo Hakeem provides at-home medical services including consultations, treatment, physiotherapy, imaging and laboratory tests. The company currently operates across three Syrian provinces. Alo Hakeem said - [MBZUAI Unveils Worldguide Video AI Model With Closed-Loop Planning](https://menastartupdigest.com/mbzuai-unveils-worldguide-video-ai-model-with-closed-loop-planning/): Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has unveiled WorldGuide, a video world model designed to plan and execute procedural tasks such as folding origami, assembling furniture and cooking. Starting with an image and a task goal, WorldGuide selects an action, generates a short video clip and uses the result to decide what to - [Yemeni Startup Ecosystem Builder Wasl Ecosystems Launches in Emerging Markets](https://menastartupdigest.com/yemeni-startup-ecosystem-builder-wasl-ecosystems-launches-in-emerging-markets/): Yemeni company Wasl Ecosystems will officially launch in October 2026 to build and develop entrepreneurship ecosystems in emerging and fragile markets, starting with Yemen. The company aims to connect entrepreneurs with markets, institutions, expertise and capital. Its model goes beyond running training programs and events, focusing instead on startup programs, investment readiness, market research, institutional - [Al-Azhar University Holds Hearing Session Ahead of Egypt 2026 Innovation Forum](https://menastartupdigest.com/al-azhar-university-holds-hearing-session-ahead-of-egypt-2026-innovation-forum/): Al-Azhar University held a hearing session with 25 academics and entrepreneurship experts as part of preparations for the Egypt 2026 Forum, where it will help manage the innovation and entrepreneurship track alongside Capital University. The session brought together university leaders, faculty members and officials from innovation and entrepreneurship centres, with participation from Heba Medhat Zaki, - [Qassim Entrepreneurship Forum Riyad 26 to Bring Together 95+ Entities in Buraidah](https://menastartupdigest.com/qassim-entrepreneurship-forum-riyad-26-to-bring-together-95-entities-in-buraidah/): Saudi Arabia’s Qassim Entrepreneurship Forum, Riyad 26, will run from October 12 to 15 at the King Khalid Cultural Center in Buraidah, bringing together more than 95 government, private-sector, financing and entrepreneurship-support organisations. The forum will connect entrepreneurs, innovators, investors and startup founders through workshops, panel discussions and exhibitions. Its programme will highlight available financing - [Bahrain Federation Wins First Place in Arab Excellence and Creativity Award](https://menastartupdigest.com/bahrain-federation-wins-first-place-in-arab-excellence-and-creativity-award/): The Bahrain Global Federation for Business and Professional Women has won first place in the Arab Excellence and Creativity Award, organised by the Arab Businesswomen Council. The competition featured institutions and initiatives from seven Arab countries, with a judging committee chaired by Dr Hanaa Al Hilali. According to the announcement, the federation was recognised for - [Unipal and CrediMax Sign MoU to Explore Integrated Redemption Payments in Bahrain](https://menastartupdigest.com/unipal-and-credimax-sign-mou-to-explore-integrated-redemption-payments-in-bahrain/): Bahrain-based electronic payments provider CrediMax has signed a memorandum of understanding with Unipal to explore integrating Unipal’s platform with CrediMax’s point-of-sale terminals. The agreement, signed on the sidelines of Fintech Forward 2026, will assess the requirements for making the proposed integration available to participating merchants. The companies are examining how offer redemption and payment could - [FLOOSS and BENEFIT Explore Nano Financing Integration into BenefitPay](https://menastartupdigest.com/flooss-and-benefit-explore-nano-financing-integration-into-benefitpay/): Bahrain-based fintech companies BENEFIT and FLOOSS have signed a memorandum of understanding to explore integrating nano financing into BenefitPay. The proposed solution would offer small-ticket digital financing for everyday liquidity needs. Under the agreement, BENEFIT will contribute its electronic financial transaction capabilities, while FLOOSS will bring its digital consumer financing expertise. The companies will assess - [Salehli Raises $100K in Pre-Seed Funding to Expand Services Across Syria](https://menastartupdigest.com/salehli-raises-100k-in-pre-seed-funding-to-expand-services-across-syria/): Syria-based on-demand services platform Salehli has raised $100,000 in pre-seed funding led by EBLA Ventures, with participation from Maynger Ventures and investors from Syria, the Gulf and East Asia, according to an announcement by the company. Launched around 10 months ago with support from the Thimar Program, Salehli said it has built a network of - [Sheraa and University of Al Dhaid Sign MoU to Develop Student Startups](https://menastartupdigest.com/sheraa-and-university-of-al-dhaid-sign-mou-to-develop-student-startups/): Sharjah Entrepreneurship Center (Sheraa) has signed a memorandum of understanding with the University of Al Dhaid to help students and graduates turn early ideas into scalable startups. Under the partnership, University of Al Dhaid students and alumni will be able to access Sheraa’s membership programs, business development support and market entry opportunities. They will also - [Marrakech Airshow 2026 Sees Morocco Sign AI, Drone and Aerospace Deals](https://menastartupdigest.com/marrakech-airshow-2026-sees-morocco-sign-ai-drone-and-aerospace-deals/): Morocco signed a series of agreements focused on aerospace manufacturing, artificial intelligence, drone technology and aviation research at the opening of the Marrakech Airshow 2026. OCP signed a partnership with the Ministry of Industry, the National Defense Administration and Mohammed VI Polytechnic University, alongside Lockheed Martin, Safran, Airbus and Boeing, to advance research and development - [Abu Dhabi Freelancer Licences Jump 224% as New Business Licences Rise 5% in H1 2026](https://menastartupdigest.com/abu-dhabi-freelancer-licences-jump-224-as-new-business-licences-rise-5-in-h1-2026/): New economic licence registrations in Abu Dhabi rose 5% year on year in the first half of 2026, according to figures from the Abu Dhabi Registration Authority (ADRA). Renewed licences also increased 5%, while advertising permits climbed 14%, pointing to broader growth in commercial activity across the emirate. The strongest increase came from freelancers, with - [Saudi Human Resources Minister Meets Entrepreneurs in Eastern Province](https://menastartupdigest.com/saudi-human-resources-minister-meets-entrepreneurs-in-eastern-province/): Saudi Minister of Human Resources and Social Development Ahmed bin Sulaiman Al-Rajhi met with business leaders and entrepreneurs at the Eastern Chamber during his visit to the region. The meeting included an open discussion on the local labor market and business environment, including opportunities and challenges facing companies, entrepreneurs and emerging sectors. Participants also shared - [Kuwait International Innovation and AI Competition Names 60 Winners from 20 Countries](https://menastartupdigest.com/kuwait-international-innovation-and-ai-competition-names-60-winners-from-20-countries/): The fourth Kuwait International Competition for Innovation, Entrepreneurship, Artificial Intelligence and Technology has named 60 winners from 20 countries, according to an announcement by Dr. Hanadi Mubarak Al Mubarki, founder of Ecosystem Management and Economic Consultancy and chair of the award. The 2026 edition brought together 600 experts and covered six categories focused on advanced - [Oman’s Riyada Concludes Creative Leadership and Innovation Program in Musandam](https://menastartupdigest.com/omans-riyada-concludes-creative-leadership-and-innovation-program-in-musandam/): Oman’s Small and Medium Enterprises Development Authority, known as Riyada, has concluded a training program focused on creative leadership and building a culture of innovation in Musandam Governorate. Held at the Oman Women’s Association in Khasab, the program brought together entrepreneurs and small and medium-sized business owners from the governorate. It covered creative leadership, innovation - [House of Representatives SMEs Committee Sets Agenda on Financing, Licensing and Startup Support](https://menastartupdigest.com/house-of-representatives-smes-committee-sets-agenda-on-financing-licensing-and-startup-support/): The House of Representatives’ Committee for Medium, Small and Micro Enterprises is preparing to review measures aimed at supporting entrepreneurs during the current legislative session, with licensing, access to finance, startup support and the formalisation of the informal economy among its priorities. According to the report, the committee will monitor how the Small, Medium and - [Qatar Joins GCC Meetings on Entrepreneurship and Industrial Cooperation](https://menastartupdigest.com/qatar-joins-gcc-meetings-on-entrepreneurship-and-industrial-cooperation/): Qatar took part in a series of Gulf Cooperation Council ministerial meetings in Bahrain focused on trade, industry, standards and entrepreneurship, according to the announcement. The meetings included the 71st Trade Cooperation Committee, the 57th Industrial Cooperation Committee and the 12th Ministerial Committee for Standardization. Qatar’s delegation was led by Sheikh Faisal bin Thani bin - [Al Mazar Al Shamal Youth Center Launches Three-Day Digital Entrepreneurship Program](https://menastartupdigest.com/al-mazar-al-shamal-youth-center-launches-three-day-digital-entrepreneurship-program/): The Al Mazar Al Shamal Youth Center has launched a three-day training program on digital entrepreneurship in cooperation with Generations For Peace, bringing together 35 young men and women aged 18 to 30. The program focuses on digital entrepreneurship, technology tools and applications, and practical skills for working in an increasingly digital environment. It is - [Egypt Trains 15,000 Youth in Entrepreneurship and Financial Inclusion](https://menastartupdigest.com/egypt-trains-15000-youth-in-entrepreneurship-and-financial-inclusion/): Egypt trained 15,000 young men and women in entrepreneurship and financial inclusion during September 2026, according to a report received by Local Development and Environment Minister Manal Awad. The training was delivered across 90 Hayah Karima centers in 15 governorates, in cooperation with the Central Population Unit, Sonaa El Kheir Foundation, Banque Misr, Mashrouak and - [Sharjah Businesswomen Council and AUS Unveil 16 Recommendations for Women Entrepreneurs](https://menastartupdigest.com/sharjah-businesswomen-council-and-aus-unveil-16-recommendations-for-women-entrepreneurs/): The Sharjah Businesswomen Council and the American University of Sharjah (AUS) have unveiled two policy papers containing 16 recommendations to support women entrepreneurs and social enterprises in the UAE. The recommendations follow a two-year research and consultation process that included four dialogue forums and a survey of 119 women entrepreneurs. According to the announcement, 75% - [Bahrain Capital Governor Attends Second Inspirational Entrepreneurship Majlis](https://menastartupdigest.com/bahrain-capital-governor-attends-second-inspirational-entrepreneurship-majlis/): Sheikh Khalid bin Hamoud Al Khalifa, Governor of Bahrain’s Capital Governorate, attended the opening of the second edition of the Inspirational Entrepreneurship Majlis, held with the governorate’s support as part of the “Manama, Arab Capital of Young Entrepreneurs 2026” initiatives. The three-day program brings together entrepreneurs, project owners and brands through discussion sessions, specialised workshops, - [Numou Partners With Comera Financial Holding on UAE SME Financing](https://menastartupdigest.com/numou-partners-with-comera-financial-holding-on-uae-sme-financing/): Numou, a subsidiary of Abu Dhabi Global Market (ADGM), has partnered with Comera Financial Holding (CFH) to expand financing and payment options for small and medium-sized businesses in the UAE. Under the agreement, CFH will provide working capital, supply chain finance, business accounts and digital payments through Numou’s online marketplace, which connects SMEs with lenders. - [90% of Saudi Organisations Say AI Met or Exceeded ROI Goals: Riverbed](https://menastartupdigest.com/90-of-saudi-organisations-say-ai-met-or-exceeded-roi-goals-riverbed/): Saudi organisations are reporting strong returns from artificial intelligence, even as many lack the infrastructure needed to support more autonomous IT operations, according to findings from Riverbed’s State of Autonomous IT Operations survey. Ninety percent of respondents said their AI initiatives had met or exceeded their original return-on-investment goals, while 66% increased AI investment over - [Tamatem and Mastercard Partner on In-Game Payments Across 13+ Markets](https://menastartupdigest.com/tamatem-and-mastercard-partner-on-in-game-payments-across-13-markets/): Mastercard has partnered with mobile games publisher Tamatem to process in-game payments on Tamatem Plus, the company’s digital commerce platform and marketplace. The rollout will cover more than 13 markets across the Middle East and Africa, beginning with Saudi Arabia and the UAE. Tamatem Plus lets players pay through local web stores and in-game checkouts - [Shory Launches AI Agent to Compare and Buy Car Insurance in the UAE](https://menastartupdigest.com/shory-launches-ai-agent-to-compare-and-buy-car-insurance-in-the-uae/): UAE insurtech Shory has launched Shory AI, a conversational agent designed to help customers compare and purchase car insurance through a single interaction. The tool was introduced at Ai Everything Abu Dhabi 2026 and operates through Shory’s digital insurance platform. Unlike traditional chatbots, which mainly answer questions, Shory AI guides users through available policies and - [UAE Leads 44 Countries in Digital Government Satisfaction at 89%](https://menastartupdigest.com/uae-leads-44-countries-in-digital-government-satisfaction-at-89/): The UAE ranked first among 44 countries for satisfaction with digital government services, with 89% of respondents reporting positive experiences, according to Boston Consulting Group’s 2026 Digital Government Citizen Survey. The survey, which covered 48,500 people, also placed the UAE first for digital government usage. Some 53% of respondents said they use these services, while - [Dubai Launches Global AI Agent Competition With $150K Category Prizes](https://menastartupdigest.com/dubai-launches-global-ai-agent-competition-with-150k-category-prizes/): Dubai has launched the Create AI Agents Championship, a global competition aimed at turning autonomous AI systems into commercially viable products and services. The initiative is open to individuals and teams worldwide, with no minimum age or technical background requirements. Applicants can submit an idea, prototype or early-stage product, while existing businesses can enter AI-agent - [Dubai CommerCity and Global Commerce Foundation Sign MoU on Agentic AI](https://menastartupdigest.com/dubai-commercity-and-global-commerce-foundation-sign-mou-on-agentic-ai/): Dubai CommerCity has signed a Memorandum of Understanding with the Global Commerce Foundation to advance the use of agentic artificial intelligence in digital commerce and deepen international trade cooperation. The partnership will examine AI-powered tools that can automate business processes, improve operational efficiency and help companies expand into new markets, according to the announcement. Its - [OrbitronAI and Aramco Digital Partner on Multibillion-Dollar Industrial AI Opportunities](https://menastartupdigest.com/orbitronai-and-aramco-digital-partner-on-multibillion-dollar-industrial-ai-opportunities/): Saudi Arabia’s OrbitronAI and Aramco Digital have formed a strategic commercial partnership to develop, deploy and commercialise agentic AI for industrial value recovery. The companies will target multibillion-dollar opportunities in capital productivity, supply chain performance and operational execution. The agreement was signed in early September 2026 at LEAP 2026 in Riyadh. OrbitronAI’s technology combines agentic - [UAE Startup Mazal Launches Escrow Platform for Luxury Vehicle Number Plates](https://menastartupdigest.com/uae-startup-mazal-launches-escrow-platform-for-luxury-vehicle-number-plates/): UAE-based Mazal has launched a digital platform for trading luxury vehicle number plates, targeting Dubai’s high-value market with escrow-protected transactions. The Dubai market has recorded more than AED1.7 billion ($463 million) in transactions over the past three years. The most expensive plate, P7, surpassed $15 million last year, according to the announcement. The market has - [BDB Partners with SINNAD to Improve Services for Bahrain’s Entrepreneurs and SMEs](https://menastartupdigest.com/bdb-partners-with-sinnad-to-improve-services-for-bahrains-entrepreneurs-and-smes/): Bahrain Development Bank (BDB) has signed a cooperation agreement with SINNAD, a regional card processing and digital payments provider and subsidiary of The BENEFIT Company, to improve services for entrepreneurs and SMEs in Bahrain. Under the agreement, BDB will use SINNAD’s technology expertise and specialised solutions to enhance operational efficiency, streamline processes and move toward - [Fintech Forward 2026 in Bahrain Draws 2,900 Participants and Announces 60+ Agreements](https://menastartupdigest.com/fintech-forward-2026-in-bahrain-draws-2900-participants-and-announces-60-agreements/): Fintech Forward 2026 concluded in Manama with more than 60 memorandums of understanding, strategic agreements and other announcements, according to the announcement. The fourth edition attracted over 2,900 local and international participants, including more than 40 speakers, international delegations and the event’s first Tech Talent Hub. Among the announcements, BBK showcased a Google Cloud Universal - [barq Group to Integrate Beyon Money into Its Fintech Platform](https://menastartupdigest.com/barq-group-to-integrate-beyon-money-into-its-fintech-platform/): barq Group, the parent company of digital platform barq, has signed an agreement with Beyon to bring Beyon Money’s operations into barq’s fintech platform. The agreement was signed at FinTech Forward 2026 in the presence of senior executives from both organisations. According to the announcement, barq’s platform serves more than 15 million users. Beyon Money - [Taptap Send Launches Money Transfer Services in Bahrain After CBB Licence](https://menastartupdigest.com/taptap-send-launches-money-transfer-services-in-bahrain-after-cbb-licence/): Taptap Send has launched its cross-border money transfer services in Bahrain after receiving a Payment Service Provider licence from the Central Bank of Bahrain. The announcement was made during Fintech Forward 2026, held on 7–8 October at Exhibition World Bahrain. Bahrain is the company’s second Gulf Cooperation Council market after the UAE, where Taptap Send - [Tamkeen Supports Six Bahraini Startups at Fintech Forward 2026](https://menastartupdigest.com/tamkeen-supports-six-bahraini-startups-at-fintech-forward-2026/): Bahrain’s Labour Fund, Tamkeen, is supporting six local startups participating in the fourth edition of Fintech Forward 2026, held on October 7-8 at the Bahrain International Exhibition Center. The startups taking part under the Kingdom of Bahrain Pavilion are Tanami, Aman, ARP Digital, Shield Insurtech, Soor and ME Platforms. The companies are showcasing their solutions - [Beyon Connect Launches AML Referral Program with AMAN in Bahrain](https://menastartupdigest.com/beyon-connect-launches-aml-referral-program-with-aman-in-bahrain/): Beyon Connect, part of the Beyon Group, is developing an anti-money laundering (AML) referral programme and has signed AMAN Compliance Solutions as its first referral partner. The agreement was announced during Fintech Forward 2026 at Exhibition World Bahrain. The programme will initially focus on financial crime prevention and compliance services, connecting organisations with independent specialist - [Qatar and Iraq Establish Joint Business Council](https://menastartupdigest.com/qatar-and-iraq-establish-joint-business-council/): Qatar Chamber and the Federation of Iraqi Chambers of Commerce have signed a memorandum of understanding to establish a Qatar-Iraq Joint Business Council. The agreement was signed during a bilateral business meeting in Doha attended by senior representatives from both chambers and business leaders from Qatar and Iraq. The council is intended to strengthen economic - [WISE Opens Applications for 2026-2027 EdTech Accelerator](https://menastartupdigest.com/wise-opens-applications-for-2026-2027-edtech-accelerator-2/): WISE has opened applications for its 2026-2027 EdTech Accelerator, a year-long program for early-stage, for-profit startups building solutions across K-12, higher education and professional development. The program offers two tracks. The Local Track is for seed to pre-Series A startups looking to scale and enter Qatar’s education market, while the International Track supports ventures expanding - [Abu Dhabi Targets Fully Ai-Native Government by 2027](https://menastartupdigest.com/abu-dhabi-targets-fully-ai-native-government-by-2027/): Abu Dhabi is developing government services that anticipate residents’ needs instead of waiting for them to submit requests, with the emirate targeting a fully AI-native government by 2027. The approach is already being tested through Tamm, Abu Dhabi’s government services platform, which brings together more than 1,170 public and private-sector services. Car registration can be - [Saudi Aramco Awards $200M Contract for First Saudi Lithium Extraction Project](https://menastartupdigest.com/saudi-aramco-awards-200m-contract-for-first-saudi-lithium-extraction-project/): Saudi Aramco has awarded a five-year contract worth almost $200 million to US oilfield services provider National Energy Services Reunited (NESR) to develop Saudi Arabia’s first lithium extraction project. The project is expected to begin producing 2,000 tonnes a year of battery-grade lithium carbonate in late 2027, according to NESR. NESR said it will deploy - [Google Launches Gemini Agent for Businesses With Access to Company Systems](https://menastartupdigest.com/google-launches-gemini-agent-for-businesses-with-access-to-company-systems/): Google is bringing Gemini into the agentic AI era with a unified assistant that can plan tasks and take action on a user’s behalf, initially targeting businesses. Announced at a Google Cloud event, the agent can work toward objectives rather than simply follow individual instructions. It can use custom skills and tools, connect to internal - [Al-Salam and ZTE Sign Iraq MoU on Technology and Manufacturing Transfer](https://menastartupdigest.com/al-salam-and-zte-sign-iraq-mou-on-technology-and-manufacturing-transfer/): Al-Salam General Company and Chinese telecoms firm ZTE have signed a memorandum of understanding covering technology cooperation and manufacturing transfer in Iraq. The agreement was signed during the Iraq International Exhibition and Conference ITEX5-2026 in Baghdad, under the patronage and in the presence of Communications Minister Mustafa Sanad, according to Iraq’s Ministry of Communications. The - [Personal AI Assistant Tab Launches at $300M Valuation](https://menastartupdigest.com/personal-ai-assistant-tab-launches-at-300m-valuation/): Tab, a new personal AI assistant, has emerged from stealth at a $300M valuation as consumer-focused AI tools compete to manage everyday tasks. The company said it has not disclosed the exact funding amount. Founded earlier this year by Brennan Erbz, Stafford Schlitt and Ammar Amdani, Tab lets users send requests through iMessage or WhatsApp. - [OpenAI Rolls Out GPT-6 With Interactive ChatGPT Features](https://menastartupdigest.com/openai-rolls-out-gpt-6-with-interactive-chatgpt-features/): OpenAI has begun the global rollout of GPT-6, introducing interactive visuals and on-demand tools in ChatGPT as access expands beyond paid subscribers. Announced on October 7, 2026, the update adds Intelligent UI, a feature that selects how information should be presented based on a user’s request. ChatGPT can now generate interactive charts, maps, buttons, forms - [Chinese AI Startup Manus Raises More Than $500M After Meta Deal Falls Through](https://menastartupdigest.com/chinese-ai-startup-manus-raises-more-than-500m-after-meta-deal-falls-through/): Chinese AI startup Manus has raised more than $500 million in its first funding round since Meta’s planned $2 billion acquisition of the company was called off, according to an announcement from its parent company, Butterfly Effect. Boyu Capital and IDG Capital led the round, with existing shareholders including Tencent, HSG and ZhenFund also participating. - [Microsoft Unveils RTX Spark AI PCs Starting at $2,600](https://menastartupdigest.com/microsoft-unveils-rtx-spark-ai-pcs-starting-at-2600/): Microsoft has revealed pricing and specifications for two new Windows PCs built around Nvidia’s RTX Spark chip, targeting developers who want to run AI models locally. The Surface Laptop Ultra starts at $2,600 for the base model, while a higher-performance version starts at $3,700. Configurations with additional memory and storage can reach $5,900. Microsoft said - [Common Sense Media Labels ChatGPT for Teens an Unacceptable Risk](https://menastartupdigest.com/common-sense-media-labels-chatgpt-for-teens-an-unacceptable-risk/): Common Sense Media has rated ChatGPT for Teens an “unacceptable risk,” arguing that the service continues to encourage engagement even when users appear to be in crisis. The nonprofit’s assessment comes after OpenAI launched the teen-focused version in August with features including parental controls, limits on high-risk content and protections against emotional dependence. According to - [OpenAI Launches Interactive Visual Interface for ChatGPT](https://menastartupdigest.com/openai-launches-interactive-visual-interface-for-chatgpt/): OpenAI is introducing a more visual interface for ChatGPT, with interactive elements designed to help users explore information and understand complex topics. The new interface, called Intelligent UI, can generate tappable buttons, task-specific calculators, interactive charts, editable graphs, diagrams and maps. In a demonstration for journalists, OpenAI showed visuals explaining how airplane wings generate lift, - [ESCA Brings 63 Participants From 14 Countries Together on Entrepreneurship Education in Africa](https://menastartupdigest.com/esca-brings-63-participants-from-14-countries-together-on-entrepreneurship-education-in-africa/): ESCA École de Management has convened 63 participants from 14 countries in Casablanca for “Voices of Africa: The Continental Dialogue on Entrepreneurship Education,” a discussion on how entrepreneurship is taught and practiced across Morocco and Africa. The gathering brought together academics, researchers, practitioners, institutional stakeholders and ecosystem professionals from countries including Morocco, Egypt, South Africa, - [Orange Tunisia and Focus Partner on Locally Hosted Cloud Solutions for Tunisian Businesses](https://menastartupdigest.com/orange-tunisia-and-focus-partner-on-locally-hosted-cloud-solutions-for-tunisian-businesses/): Orange Tunisia and Focus have signed a partnership to support Tunisian businesses with locally hosted and managed cloud computing and digital infrastructure solutions. The collaboration targets organisations of different sizes that are upgrading their digital infrastructure, developing new services or moving toward more flexible cloud environments. The companies said the offering is designed to address - [Kaspersky Adds AI Summarization and MCP Integrations to Threat Intelligence Portal](https://menastartupdigest.com/kaspersky-adds-ai-summarization-and-mcp-integrations-to-threat-intelligence-portal/): Kaspersky has updated its Threat Intelligence Portal with AI summarization, Model Context Protocol (MCP) connectivity and automated searches across open-source intelligence sources. The company said the new features are designed to help security operations centre teams and threat analysts process large volumes of data more quickly. AI summarization condenses information linked to indicators of compromise, - [NBB Expands Enterprise AI Transformation Across Bahrain Banking Group](https://menastartupdigest.com/nbb-expands-enterprise-ai-transformation-across-bahrain-banking-group/): The National Bank of Bahrain Group (NBB Group) is expanding its enterprise AI programme, AI@NBB, as it moves from foundational work to broader implementation across customer service, productivity, risk management and operational resilience. The group, which includes the National Bank of Bahrain and Bahrain Islamic Bank, said it has established an AI roadmap, technical infrastructure, - [Bahrain FinTech Bay Expands Into AI Products and Digital Infrastructure](https://menastartupdigest.com/bahrain-fintech-bay-expands-into-ai-products-and-digital-infrastructure/): Bahrain FinTech Bay (BFB) is broadening its role from connecting Bahrain’s fintech ecosystem to developing products and services for financial institutions and technology companies. Announced on the first day of Fintech Forward 2026, the new direction includes AI products and services for financial institutions, developed with technology partners. These offerings will complement BFB’s AI training, - [Khalifa Fund Supports 11 UAE SMEs at Global Food Week 2026](https://menastartupdigest.com/khalifa-fund-supports-11-uae-smes-at-global-food-week-2026/): Khalifa Fund for Enterprise Development is supporting 11 UAE small and medium-sized enterprises participating in the third edition of Global Food Week 2026 in Abu Dhabi from October 6 to 8. The participating businesses operate across agri-tech, bakery equipment and technologies, baked goods and confectionery, and traditional Emirati food. According to the announcement, the event - [Google Labs Launches AI-Powered Playground for No-Code Game Creation](https://menastartupdigest.com/google-labs-launches-ai-powered-playground-for-no-code-game-creation/): Google Labs has launched Playground, an AI-powered platform that lets users create browser-based games using text prompts instead of traditional coding, design or illustration skills. Creators can choose genres such as trivia or racing, start from scratch, and select 2D or 3D formats as well as single-player or multiplayer modes. They can then describe the - [Meta Uses New AI Tools to Detect Ads Linked to Child Abuse Material](https://menastartupdigest.com/meta-uses-new-ai-tools-to-detect-ads-linked-to-child-abuse-material/): Meta said it acted against 33.2 million pieces of child sexual exploitation content on Facebook and Instagram during the first half of 2026, while introducing new AI tools to identify ads and accounts that may direct users to illegal material outside its platforms. More than 97% of the content was detected by Meta’s systems before - [Abu Dhabi’s Inception42 Deploys AI Platform Insight Across 30+ Boards](https://menastartupdigest.com/abu-dhabis-inception42-deploys-ai-platform-insight-across-30-boards/): Abu Dhabi-based Inception42 has unveiled Insight, an AI platform designed to help boards and executive teams make better-informed decisions. The platform is already serving more than 30 boards and has been deployed at senior levels of Emirati government and business, chief executive Ashish Koshy said. Inception42 is part of Abu Dhabi technology group G42. Insight - [Iraq Devalues Dinar to 1,520 per Dollar as Fiscal Pressure Mounts](https://menastartupdigest.com/iraq-devalues-dinar-to-1520-per-dollar-as-fiscal-pressure-mounts/): Iraq has devalued the dinar against the US dollar for the first time since 2023, cutting its official exchange rate to 1,520 from 1,320 per dollar. The Central Bank of Iraq said the move followed a cabinet decision. It will give the government more dinars for each dollar earned from oil exports, helping Baghdad meet - [Morocco Says Industrial Ecosystem Can Produce Complex Aerospace Systems](https://menastartupdigest.com/morocco-says-industrial-ecosystem-can-produce-complex-aerospace-systems/): Morocco has developed the industrial and technological capabilities to produce complex aerospace and defense systems, Trade Minister Ryad Mezzour said at the opening of the Marrakech Airshow. Mezzour said the country’s progress over the past two decades has strengthened its ability to expand production, deliver on time and meet quality and competitiveness standards. Morocco is - [Qatar Builds 2036 Olympics Bid on World Cup Infrastructure](https://menastartupdigest.com/qatar-builds-2036-olympics-bid-on-world-cup-infrastructure/): Qatar is positioning its World Cup infrastructure and experience hosting major sporting events as key advantages in its bid for the 2036 Olympic and Paralympic Games. The International Olympic Committee has confirmed Qatar as an “interested party” alongside Germany, Hungary, India, South Korea, South Africa and Turkey. IOC members are expected to choose the host - [NEOPAY to Acquire 65% of Noon Payments in Regional Expansion Deal](https://menastartupdigest.com/neopay-to-acquire-65-of-noon-payments-in-regional-expansion-deal/): UAE-based payments company NEOPAY has signed a definitive agreement to acquire a 65% controlling stake in noon payments, the digital payments arm of Noon Group. The deal is aimed at expanding NEOPAY’s presence across the Middle East and North Africa, with a focus on the UAE, Saudi Arabia and Egypt. Financial terms were not disclosed. - [UAE and US Expand Cooperation on AI, Quantum Computing and Space](https://menastartupdigest.com/uae-and-us-expand-cooperation-on-ai-quantum-computing-and-space/): The UAE and the US are expanding cooperation in artificial intelligence, cybersecurity, quantum computing and space as the Gulf state advances a $1.4 trillion investment commitment in the US. The development follows three days of meetings in Washington between a senior UAE delegation and officials from the US State Department, Commerce Department and White House. - [Wio Bank Enables Mastercard Click to Pay for UAE Customers](https://menastartupdigest.com/wio-bank-enables-mastercard-click-to-pay-for-uae-customers/): Wio Bank customers in the UAE can now pay online without manually entering their card details, after the bank enabled Mastercard Click to Pay on its cards. According to the announcement, Wio is the first card issuer in the country to enable the service automatically, meaning customers do not need to register themselves. Mastercard Click - [Fortinet and Aramco Sign MoU on Industrial Cybersecurity in Saudi Arabia](https://menastartupdigest.com/fortinet-and-aramco-sign-mou-on-industrial-cybersecurity-in-saudi-arabia/): Fortinet and Saudi Aramco have signed a memorandum of understanding to explore cooperation on securing industrial systems in Saudi Arabia. The agreement covers operational technology, including the systems used to operate industrial plants and equipment. The companies will assess potential work in localisation, cybersecurity research and development, and the adaptation of security solutions for industrial - [MoneyHash Partners with UAE Payment Provider VaultsPay](https://menastartupdigest.com/moneyhash-partners-with-uae-payment-provider-vaultspay/): MoneyHash has partnered with UAE-based payment solutions provider VaultsPay, giving merchants a way to add VaultsPay to their payment setup without building a separate integration. MoneyHash’s payment orchestration platform connects businesses with multiple payment providers through one integration. Under the partnership, merchants can manage VaultsPay alongside other providers from a single system. VaultsPay supports online - [UAE Fintech Huru Partners with Paymentology and Bitpanda](https://menastartupdigest.com/uae-fintech-huru-partners-with-paymentology-and-bitpanda/): UAE fintech app Huru has partnered with Paymentology and Bitpanda Enterprise to expand its account and financial services offering. Paymentology will continue processing Huru’s cards and support the launch of a Huru card on the UAE’s domestic Jaywan card scheme, planned for Q4 2026. Bitpanda Enterprise will enable Huru users to buy, sell and hold - [MBZUAI Unveils Doatlas-2 for Autonomous Biomedical Research](https://menastartupdigest.com/mbzuai-unveils-doatlas-2-for-autonomous-biomedical-research/): UAE-based Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has unveiled DoAtlas-2, a causal world model designed to run biomedical research cycles autonomously. The system can formulate research questions, design studies, test hypotheses using real human data and use the results to determine what to investigate next. According to MBZUAI, it has evaluated 2,031 research - [Dubai Launches AED2.5M Create AI Agents Championship](https://menastartupdigest.com/dubai-launches-aed2-5m-create-ai-agents-championship/): Dubai has launched the Create AI Agents Championship, a global competition offering more than AED2.5 million ($680K) in prizes and grants for new agentic AI solutions. Announced by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the competition replaces the Create Apps Championship, which was run by the Dubai Chamber of Digital - [Abu Dhabi’s PVP Invests in COFE Tech Ahead of Potential 2029 IPO](https://menastartupdigest.com/abu-dhabis-pvp-invests-in-cofe-tech-ahead-of-potential-2029-ipo/): Abu Dhabi-based venture capital fund manager Phoenix Venture Partners Limited (PVP) has invested in COFE Tech as the digital procurement and commerce company begins a new growth phase focused on a potential initial public offering by 2029. COFE Tech closed a pre-IPO funding round earlier this month at a valuation of $178 million. The company - [MENA Startup Funding Reaches $1.1B Across 73 Deals in September 2026](https://menastartupdigest.com/mena-startup-funding-reaches-1-1b-across-73-deals-in-september-2026/): MENA startups raised $1.1 billion across 73 deals in September, marking a 193% increase from August and the region’s first monthly return above $1 billion in several months, according to Wamda. Funding was still 68% below September 2025 levels. The rebound was concentrated in three large transactions. Barq’s $329.5 million Series A, Tabby’s $233 million - [Orange Egypt Considers Acquisition, Partnership or Subsidiary for Consumer Finance](https://menastartupdigest.com/orange-egypt-considers-acquisition-partnership-or-subsidiary-for-consumer-finance/): Orange Egypt is evaluating ways to expand into consumer finance, with options including acquiring an existing lender, forming a partnership or creating a specialized subsidiary. Hisham Mehran, CEO of Orange Egypt, said at the EnterpriseAM Egypt Forum that consumer finance is a priority for the telecom operator in the coming years. He did not provide - [Sharjah’s SPARK Launches AI Industrial Accelerator With $90,000 in Prizes](https://menastartupdigest.com/sharjahs-spark-launches-ai-industrial-accelerator-with-90000-in-prizes/): Sharjah Research, Technology and Innovation Park (SPARK) has launched the Sharjah Advanced AI Industrial Accelerator, a programme supporting AI-driven industrial companies from the UAE and abroad. Announced at AI Everything Abu Dhabi, the accelerator will focus on moving AI solutions from prototypes to pilots, production systems and scalable businesses. Priority areas include advanced manufacturing and - [79% of GCC Citizens Expect AI-Centred Government Services, BCG Survey Finds](https://menastartupdigest.com/79-of-gcc-citizens-expect-ai-centred-government-services-bcg-survey-finds/): Citizens in Qatar, Saudi Arabia and the UAE are more comfortable with AI-powered government services than global peers, according to Boston Consulting Group’s 2026 Digital Government Citizen Survey. The survey found that 79% of GCC respondents expect government services to be AI-centred, compared with 66% globally. The regional findings draw on more than 1,500 respondents, - [TikTok Launches AI Shopping Assistant and One-Click Checkout](https://menastartupdigest.com/tiktok-launches-ai-shopping-assistant-and-one-click-checkout/): TikTok has launched an AI shopping assistant and a new in-app checkout feature that lets users purchase products directly from brands, expanding commerce tools beyond its TikTok Shop marketplace. The company said its Shopping Assistant is a conversational AI agent that helps users discover and buy products. It can provide product details, shipping information, sizing - [Dent Secure Wins $3,000 at Berytech and USJ EC² Incubation Awards](https://menastartupdigest.com/dent-secure-wins-3000-at-berytech-and-usj-ec²-incubation-awards/): Dent Secure won the Maroun N. Chammas Award and a $3,000 cash prize at the closing ceremony of the Berytech and Saint Joseph University of Beirut (USJ) EC² Incubation program. Twelve founding teams presented their ventures and progress during the incubation cycle. Five startups reached the final round, with Brain Rush and Safe Dose joining - [Presight Targets 50% International Revenue by 2030 With Futuresight Platform](https://menastartupdigest.com/presight-targets-50-international-revenue-by-2030-with-futuresight-platform/): Abu Dhabi-based AI company Presight aims to generate half of its revenue from international markets by 2030, up from about one-third today, as it expands across Central Asia, the Balkans and Africa. CEO Thomas Pramotedham told AGBI that Presight operates in 14 markets, delivering AI and data systems for governments and enterprise clients. Kazakhstan is - [Anthropic Expands Claude for Startups With Free Year of Team and $1,000 in Credits](https://menastartupdigest.com/anthropic-expands-claude-for-startups-with-free-year-of-team-and-1000-in-credits/): Anthropic has expanded its Claude for Startups program, offering eligible companies a free year of Claude Team and $1,000 in API credits. The updated program, announced during Anthropic’s SF Tech Week event, includes up to five premium Claude Team seats for each participating company. Startups will also receive access to Claude Marketplace, where they can - [Paramount Completes $110B Warner Bros. Discovery Acquisition to Form Skydance](https://menastartupdigest.com/paramount-completes-110b-warner-bros-discovery-acquisition-to-form-skydance/): Paramount has completed its $110B acquisition of Warner Bros. Discovery, creating a combined entertainment company called Skydance, the company announced Tuesday. The merger brings Paramount+ and HBO Max under one corporate umbrella, alongside networks including CBS, CNN, MTV, TBS, Comedy Central and Food Network. Skydance will also control major franchises such as The Lord of - [OpenAI to Add Invisible ChatGPT Text Watermarks in the EU](https://menastartupdigest.com/openai-to-add-invisible-chatgpt-text-watermarks-in-the-eu/): OpenAI will begin adding invisible watermarks to text generated by ChatGPT and Codex in the European Union, as it moves to comply with the EU AI Act’s transparency rules. The watermark is expected to roll out over the coming weeks for eligible ChatGPT and Codex users on all plans in the EU. Developers using OpenAI’s - [Two Kuwaiti Inventors Honored at Made in the Gulf Exhibition](https://menastartupdigest.com/two-kuwaiti-inventors-honored-at-made-in-the-gulf-exhibition/): Two Kuwaiti inventors have been recognized at a Gulf inventors’ ceremony held alongside the Made in the Gulf exhibition and forum in Bahrain. Fatima Saadoun was honored for i-Shield, an invention designed to reduce exposure to electromagnetic waves from communication and transmission devices while maintaining connection quality and device performance. Ali Al-Sarraf received recognition for - [Iraq Launches Digital Tax Assessment System for Large Taxpayers](https://menastartupdigest.com/iraq-launches-digital-tax-assessment-system-for-large-taxpayers/): Iraq has launched its first electronic tax assessment system for large taxpayers as part of a wider push to digitize tax administration. Introduced at the General Commission for Taxes in the presence of Finance Minister Faleh Sari and several ministry director-generals, the system allows taxpayers to complete assessment procedures and make payments remotely, according to - [UAE Launches Mobile Nawat Al Qura Accelerator for Rural Entrepreneurs](https://menastartupdigest.com/uae-launches-mobile-nawat-al-qura-accelerator-for-rural-entrepreneurs/): The UAE Ministry of Economy and Tourism and the Emirates Council for Balanced Development have opened registration for “Nawat Al Qura,” a mobile accelerator supporting Emirati entrepreneurs and small business owners in the country’s villages. The first cohort will launch in Al Rams, Ras Al Khaimah, in November and run for 24 weeks. It will - [Burgan Bank and CODED Academy Celebrate Academy X 2026 Graduates](https://menastartupdigest.com/burgan-bank-and-coded-academy-celebrate-academy-x-2026-graduates/): Burgan Bank and CODED Academy have marked the completion of the 2026 edition of Academy X, a Kuwait-based program focused on developing young women’s skills in technology, innovation and entrepreneurship. The program, supported by Burgan as a strategic sponsor for the second consecutive year, offered two tracks covering tech entrepreneurship and AI marketing. Participants worked - [Bahrain EDB to Host First Swiss Fintech Delegation at Fintech Forward 2026](https://menastartupdigest.com/bahrain-edb-to-host-first-swiss-fintech-delegation-at-fintech-forward-2026/): The Bahrain Economic Development Board (Bahrain EDB) will host Bahrain’s first Swiss fintech delegation during Fintech Forward 2026, bringing representatives from eight Swiss financial services and fintech companies to the Kingdom from October 6 to 8. The programme is being organised with the Embassy of Switzerland to the UAE and Bahrain, Switzerland Global Enterprise and - [Nestlé UAE Launches Three-Month NextGen Founders Program with Sheraa, MAJRA and UAE Food Cluster](https://menastartupdigest.com/nestle-uae-launches-three-month-nextgen-founders-program-with-sheraa-majra-and-uae-food-cluster/): Nestlé UAE has partnered with Sharjah Entrepreneurship Center (Sheraa), MAJRA and the UAE Food Cluster to launch NextGen Founders, a three-month entrepreneurship program for young people across the UAE. The partnership was formalized through a memorandum of understanding signed at the Future Food Forum 2026 in the presence of Abdulla bin Touq Al Marri, Minister - [Cairo to Host Global Entrepreneurship Festival with 10,000 Participants](https://menastartupdigest.com/cairo-to-host-global-entrepreneurship-festival-with-10000-participants/): Cairo will host the third edition of the Global Entrepreneurship Festival from November 6 to 8, bringing together more than 10,000 entrepreneurs, investors, business leaders and innovators from over 70 countries. The festival will take place at the JW Marriott Cairo under the theme “The World We Help Create,” with more than 60 international speakers, - [Bosta CEO Says Egyptian Startup Listings Could Unlock a New Investment Cycle](https://menastartupdigest.com/bosta-ceo-says-egyptian-startup-listings-could-unlock-a-new-investment-cycle/): Mohamed Ezzat, founder and CEO of Egyptian logistics company Bosta, said listing startups on the Egyptian Exchange could do more than provide lower-cost funding. It could create a broader cycle in which investors exit successful companies and reinvest their returns in new startups. Speaking at the Money Made Simple conference in Alexandria, Ezzat said Egypt - [Saudi Digital Government Authority Launches 2026 Innovation Challenge](https://menastartupdigest.com/saudi-digital-government-authority-launches-2026-innovation-challenge/): Saudi Arabia’s Digital Government Authority has launched the 2026 edition of its Innovation Challenge in partnership with the General Authority for Small and Medium Enterprises, STV, Microsoft Saudi Arabia, Nvidia, TASAMA, Amjad Watan and GIE. The challenge is designed to bring together innovators, entrepreneurs and startups to develop practical digital solutions for government services. It - [Monsha’at Governor Meets Riyadh Chamber and Entrepreneurs to Strengthen SME Support](https://menastartupdigest.com/monshaat-governor-meets-riyadh-chamber-and-entrepreneurs-to-strengthen-sme-support/): Sami bin Ibrahim Al-Hussaini, governor of Saudi Arabia’s General Authority for Small and Medium Enterprises (Monsha’at), met with Riyadh Chamber Chairman Abdullah bin Abdulrahman Al-Obaikan and board members to discuss ways to strengthen the region’s entrepreneurship ecosystem. The October 5 meeting focused on improving SMEs’ access to investment opportunities, markets, financing and operational support. Al-Hussaini - [Qatar’s Namaa Centre Supports 252 Social Enterprises and 989 Beneficiaries in 2026](https://menastartupdigest.com/qatars-namaa-centre-supports-252-social-enterprises-and-989-beneficiaries-in-2026/): Qatar’s Namaa Centre is building an integrated support system to help turn social and community-focused ideas into sustainable ventures, its executive director Ghanem bin Saleh Al Ali said. The centre supported around 989 beneficiaries in the first half of 2026, following 2,283 beneficiaries in 2025. Its services include training, professional development, incubation, consulting, volunteering and - [Tanta University Launches 11th International Conference on Entrepreneurship](https://menastartupdigest.com/tanta-university-launches-11th-international-conference-on-entrepreneurship/): Tanta University’s Faculty of Specific Education has launched its 11th international scientific conference, bringing together academics, researchers and specialists to explore the link between specialised education, entrepreneurship and innovation. Held under the theme “Specific Studies and Entrepreneurship: From Practice to Innovation and Empowerment,” the conference focuses on translating academic and artistic work into innovation and - [Prince Musaed University Launches Second Cohort of Spin SportsTech Accelerator](https://menastartupdigest.com/prince-musaed-university-launches-second-cohort-of-spin-sportstech-accelerator/): Prince Musaed bin Abdulrahman University has launched the second cohort of its Spin sports technology accelerator in Riyadh, introducing a new identity for the program. The cohort follows the accelerator’s first edition, which included 13 startups. The launch event also featured a review of the first cohort’s progress, new partnerships and the startups joining the - [Minya University Launches Entrepreneurship Camp for 110 Students](https://menastartupdigest.com/minya-university-launches-entrepreneurship-camp-for-110-students/): Minya University has launched a three-day training camp for 110 students focused on turning challenges into viable ideas and solutions. The “From Challenge to Idea” camp brings together students from different faculties as part of the university’s efforts to strengthen innovation and entrepreneurship skills. It is being organised in partnership with Egypt’s Ministry of Planning, - [Saudi Ministry of Communications Launches Third Saudi Game Pioneers Program](https://menastartupdigest.com/saudi-ministry-of-communications-launches-third-saudi-game-pioneers-program/): Saudi Arabia’s Ministry of Communications and Information Technology has launched the third edition of its Saudi Game Pioneers program in partnership with the National Technology Development Program (NTDP). Run by the ministry’s CODE Digital Entrepreneurship Center, the six-month program will take place in Riyadh. It is designed to help local talent turn game concepts into - [Orange Morocco Names Three Winners of 2026 POESAM Startup Award](https://menastartupdigest.com/orange-morocco-names-three-winners-of-2026-poesam-startup-award/): Orange Morocco has named AgroLora, Invirtus and Arwa Solutions as the winners of the 2026 edition of its Social Entrepreneurship and Innovation Prize for Africa and the Middle East, known as POESAM. The competition attracted 345 applications from across Morocco, highlighting growing interest in technology-led solutions to economic, social and environmental challenges. After the selection - [Mai El Habashi Launches Dare to Dream on Female Entrepreneurs in the Arab World](https://menastartupdigest.com/mai-el-habashi-launches-dare-to-dream-on-female-entrepreneurs-in-the-arab-world/): Mai El Habashi has launched her first book, “Dare to Dream: Stories of Female Entrepreneurs in the Arab World,” documenting the experiences of women founders and business leaders across the region. The launch and signing event took place on September 30, 2026, at Bibliothek in New Cairo, bringing together entrepreneurs, family members, friends and other - [Norway Plans Temporary Restrictions on Meta AI Glasses in Public Places](https://menastartupdigest.com/norway-plans-temporary-restrictions-on-meta-ai-glasses-in-public-places/): Norway is preparing a temporary ban on using camera-equipped smart glasses in selected public places, as European concerns grow over privacy and wearable AI devices. The proposed restrictions would target use rather than sales or ownership. Potentially affected locations include parks, beaches, museums, shopping centers, public events, schools, kindergartens, playgrounds and leisure clubs. Healthcare facilities, - [Saudi Cultural Fund Signs SAR 39M Film and TV Production Deal with Rotana](https://menastartupdigest.com/saudi-cultural-fund-signs-sar-39m-film-and-tv-production-deal-with-rotana/): Saudi Arabia’s Cultural Fund has signed a financing agreement with Rotana Media Group to support the production of films and television series worth more than SAR 39 million. The projects will span social comedy, drama and action, with several Saudi actors expected to take part. The partnership aims to expand opportunities for Saudi talent and - [Core42 Launches UAE Partner Program With 50+ Firms](https://menastartupdigest.com/core42-launches-uae-partner-program-with-50-firms/): Abu Dhabi-based sovereign cloud and AI infrastructure company Core42 has launched a partner programme for software vendors, startups, technology companies and resellers, starting with more than 50 partners. The programme runs on Core42’s cloud environment, which supports more than 47 Abu Dhabi government entities. According to the announcement, it is designed to expand access to - [Kuwait SME Fund Proposes GCC Digital Product Passport](https://menastartupdigest.com/kuwait-sme-fund-proposes-gcc-digital-product-passport/): Kuwait’s National Fund for Small and Medium Enterprise Development has proposed a GCC digital product passport to make it easier for goods to move between Gulf markets. The proposal was presented during the sixth consultative meeting between GCC trade and industry ministers and entrepreneurs in Manama, Bahrain. The meeting brought together officials and entrepreneurs to - [London Business School Names 10 Finalists for 2026 MENA Startup Competition in Dubai](https://menastartupdigest.com/london-business-school-names-10-finalists-for-2026-mena-startup-competition-in-dubai/): London Business School has selected 10 startups for the final stage of its 2026 MENA Startup Competition, with three Saudi companies among the finalists. The final will take place in Dubai on October 14, 2026. The competition attracted about 100 applications before 20 startups advanced to the semifinal round. The finalists represent the UAE, Saudi - [Lenovo Launches AI Express With Nvidia to Speed Enterprise AI Deployment](https://menastartupdigest.com/lenovo-launches-ai-express-with-nvidia-to-speed-enterprise-ai-deployment/): Lenovo has launched Lenovo AI Express, a new offering developed with Nvidia to help enterprises deploy AI infrastructure faster and move from testing to large-scale operations. The offering includes three pre-validated configurations based on user numbers and model size, with options to scale over time. The entry package is designed for dozens of users running - [Google Selects More Than 100 Startups for Fourth Gemini Startup Forum Cohort](https://menastartupdigest.com/google-selects-more-than-100-startups-for-fourth-gemini-startup-forum-cohort/): Google has selected more than 100 startups from over 2,000 applications to join the fourth Google for Startups Gemini Startup Forum, a two-day in-person summit taking place this November at its Mountain View headquarters. The startups represent 17 countries and are building AI solutions across areas including genetic disorder diagnosis, cancer screening and control systems - [UAE Funds Consider Up to $10B Investment in OpenAI’s $30B Funding Round](https://menastartupdigest.com/uae-funds-consider-up-to-10b-investment-in-openais-30b-funding-round/): Several investment funds from the United Arab Emirates, including MGX, are in talks to invest in OpenAI’s upcoming funding round, which is seeking at least $30B and could value the company at $1.4T. According to sources cited in the announcement, the UAE funds are considering a combined investment of up to $10B and may form - [Saudi AI Company Echelon Raises Undisclosed Investment Round](https://menastartupdigest.com/saudi-ai-company-echelon-raises-undisclosed-investment-round/): Riyadh-based AI company Echelon has secured an undisclosed investment round backed by East40, Raed Ventures, Avra, Ben Horowitz and other investors. Founded in Saudi Arabia, Echelon has spent about 10 months developing a model that connects AI technology providers with companies and government entities seeking to put the technology into practical use. The company works - [Arabic AI Atlas Maps More Than 1,000 Open Models and Tools](https://menastartupdigest.com/arabic-ai-atlas-maps-more-than-1000-open-models-and-tools/): Riyadh-based AI professional Hesham Haroon has launched the Arabic AI Atlas, an open-source map and repository designed to help developers find Arabic-capable models, datasets and tools in one place. The free resource lists more than 1,000 models and tools, along with more than 1,000 datasets covering large language models, speech recognition, text-to-speech, optical character recognition - [TII Launches 7B Falcon-Emirati AI Model for UAE Dialect](https://menastartupdigest.com/tii-launches-7b-falcon-emirati-ai-model-for-uae-dialect/): The Technology Innovation Institute (TII), Abu Dhabi’s applied research arm, has launched three Arabic AI models covering language, speech and document understanding. The release includes Falcon-Emirati, a 7-billion-parameter language model trained for the Emirati Arabic dialect; Falcon-ASR, a speech transcription model; and Falcon-OCR-Arabic, which extracts Arabic text and structured information from images and documents. Falcon-Emirati - [Napster and HUMAIN Partner to Deploy Arabic-Native AI Agents in Saudi Arabia](https://menastartupdigest.com/napster-and-humain-partner-to-deploy-arabic-native-ai-agents-in-saudi-arabia/): New York-based AI agent company Napster has partnered with Saudi Arabia’s HUMAIN to bring Arabic-native AI agents to public and private sector organisations across the Kingdom and the wider Middle East. The integration combines HUMAIN’s ALLaM large language model and speech recognition technology with SawtArabi’s text-to-speech capabilities. These tools will run alongside Napster’s video, voice - [Inception42 Launches Insight AI Platform for Boardrooms in UAE](https://menastartupdigest.com/inception42-launches-insight-ai-platform-for-boardrooms-in-uae/): Abu Dhabi-based Inception42 has launched Insight, an AI-native decision intelligence platform designed for boards and executive teams in government and private enterprises. Announced at AI Everything Abu Dhabi, the platform supports the full meeting cycle. Before a meeting, it can summarise information, build agendas and help leaders simulate decisions. During the session, it provides real-time - [Ant International Pilots Tokenised Deposits With HSBC in UAE](https://menastartupdigest.com/ant-international-pilots-tokenised-deposits-with-hsbc-in-uae/): Ant International has completed pilot transactions for tokenised deposits in the UAE with HSBC, extending the companies’ work into the Middle East. The pilots used HSBC’s Tokenised Deposit Service to test two payment routes. One transferred UAE dirhams in real time within the country, while the other sent US dollars from the UAE to international - [VARA and UAE FIU Sign MoU to Tackle Virtual Asset Financial Crime](https://menastartupdigest.com/vara-and-uae-fiu-sign-mou-to-tackle-virtual-asset-financial-crime/): The UAE Financial Intelligence Unit (UAE FIU) and Dubai’s Virtual Assets Regulatory Authority (VARA) have signed a memorandum of understanding to strengthen cooperation against financial crime involving virtual assets. The agreement covers the exchange of relevant financial intelligence and expertise, as well as closer coordination to identify and address risks across the sector. Both organisations - [QCB and Euroclear Create Settlement Link for Qatar Government Bonds and Sukuk](https://menastartupdigest.com/qcb-and-euroclear-create-settlement-link-for-qatar-government-bonds-and-sukuk/): Qatar Central Bank (QCB) and Euroclear are setting up an international settlement link for Qatari government bonds and sukuk, allowing eligible riyal-denominated instruments to become Euroclearable. The arrangement will give investors worldwide access to and settlement of Qatar’s conventional government bonds and sukuk through Euroclear Bank, the group’s international central securities depository. Under the structure, - [CIB Commits Up to $38.2M to MNT-Halan’s Proposed EGX Offering](https://menastartupdigest.com/cib-commits-up-to-38-2m-to-mnt-halans-proposed-egx-offering/): Commercial International Bank (CIB) has committed to invest up to $38.2M (EGP 2B) in MNT-Halan’s proposed offering, becoming a cornerstone investor in the international portion of the transaction. The commitment comes as MNT-Halan prepares for a proposed listing on the Egyptian Exchange. CIB entered into the cornerstone investment agreement with MNT Tech Holding for Financial - [Egypt’s FRA Tightens Disclosure Rules for Gold-Linked Insurance Policies](https://menastartupdigest.com/egypts-fra-tightens-disclosure-rules-for-gold-linked-insurance-policies/): Egypt’s Financial Regulatory Authority (FRA) has issued a circular requiring insurers to improve disclosure and transparency for policies linked to gold and other investment assets. The move follows complaints and practices that the regulator said created confusion between insurance products and savings, investment and banking products, particularly when policies are distributed through banks. Under the - [TiE Women MENA Names Five Regional Winners Ahead of Gitex Global 2026](https://menastartupdigest.com/tie-women-mena-names-five-regional-winners-ahead-of-gitex-global-2026/): TiE Dubai has announced the five regional winners of the 2026 TiE Women MENA program, who will compete for the MENA title at GITEX Global in December. The winners are Naglaa Mohamed, co-founder of Egypt’s P-Vita; Lea Mehaweg, co-founder and CEO of Saudi Arabia’s Maison Safqa; and Anuscha Iqbal, co-founder and CEO of the UAE’s - [AI Everything Abu Dhabi 2026 to Showcase 150 AI Startups and Connect Founders With Investors](https://menastartupdigest.com/ai-everything-abu-dhabi-2026-to-showcase-150-ai-startups-and-connect-founders-with-investors/): Ai Everything Abu Dhabi will bring more than 150 startups to the ADNEC Centre from 6 to 7 October, as part of a two-day showcase featuring more than 400 global technology companies and startups. The event’s Ai StartX Everything programme will connect founders with more than 200 investors from 30 countries representing $100B in assets - [Three Moroccan Startups Advance to Orange Social Entrepreneurship Award Finals](https://menastartupdigest.com/three-moroccan-startups-advance-to-orange-social-entrepreneurship-award-finals/): Three Moroccan startups will represent the country in the international finals of the 16th Orange Social Entrepreneurship Prize for Africa and the Middle East, POESAM 2026, after winning the national competition. According to Orange Morocco, this year’s competition received 345 applications, with 14 startups reaching the national final. Their projects were assessed by a jury - [Alex Angels Completes 3 Full and 4 Partial Exits From Startup Portfolio](https://menastartupdigest.com/alex-angels-completes-3-full-and-4-partial-exits-from-startup-portfolio/): Alex Angels, the Egyptian angel investment network, has completed three full exits and four partial exits from its startup portfolio, according to founder Tarek El Kady. El Kady, who also founded Techne Summit, disclosed the exits during a session on new funding models at Techne Alexandria 2026. He said startups should diversify their financing sources - [Mauritania’s Women Entrepreneurs Face Funding and Market Access Barriers](https://menastartupdigest.com/mauritanias-women-entrepreneurs-face-funding-and-market-access-barriers/): Women entrepreneurs in Mauritania are pushing to build businesses and gain greater economic independence, but structural, social and cultural barriers continue to limit their participation in the startup and business ecosystem. Government programs have expanded access to financing, training and professional networks, while legal reforms aim to support women’s economic inclusion. Women now account for - [Banque Misr Invests in More Than 13 Egyptian Startups](https://menastartupdigest.com/banque-misr-invests-in-more-than-13-egyptian-startups/): Banque Misr has invested in more than 13 startups and is using multiple channels to support Egypt’s entrepreneurship and fintech ecosystem, according to Mohamed El-Sabban, the bank’s head of innovation and strategic projects. Speaking at the Techne Alexandria 2026 summit, El-Sabban said the bank’s approach combines venture capital, direct startup investments and accelerator programmes rather - [Mansoura University Career Centers Reach 19,334 Students and Create 1,290 Job Opportunities](https://menastartupdigest.com/mansoura-university-career-centers-reach-19334-students-and-create-1290-job-opportunities/): Mansoura University’s career development centers supported 19,334 students and graduates during the 2025/2026 academic year, while helping create 1,290 job opportunities through partnerships with 137 companies across 19 sectors. The annual results included 15,540 beneficiaries of free training and 3,794 participants in paid programs, as well as 451 individual career consultations. The centers also delivered - [Egypt’s Investment Minister Outlines Measures to Support African Startups](https://menastartupdigest.com/egypts-investment-minister-outlines-measures-to-support-african-startups/): Egyptian Investment and Foreign Trade Minister Mohamed Farid said stronger financing tools, flexible regulations and better market access are essential for helping African startups grow and compete regionally and internationally. Speaking during a ministerial session at the El Alamein Africa Forum, Farid said Africa has a growing base of entrepreneurs and technological capabilities. He argued - [Morocco’s Isharatech Wins i-TECH Award at Company Program 2025-2026](https://menastartupdigest.com/moroccos-isharatech-wins-i-tech-award-at-company-program-2025-2026/): Moroccan startup Isharatech has won the i-TECH Award from Inwi during the 18th edition of the Company Program, organized by Injaz Morocco for the 2025-2026 academic year. Isharatech developed an artificial intelligence-powered platform designed to improve communication for people with hearing disabilities. The solution provides real-time translation between sign language and text or speech, helping - [Durrah Wins Startup Bahrain’s 28th Startup Tour, Edupath Takes Second Place](https://menastartupdigest.com/durrah-wins-startup-bahrains-28th-startup-tour-edupath-takes-second-place/): Durrah took first place and Edupath came second in the 28th edition of Startup Bahrain’s Startup Tour, an event backed by Bahrain’s Labour Fund (Tamkeen) and supported by the Small and Medium Enterprises Development Board. The Bahrain event brought together four startups developing digital and technology solutions. Durrah operates a platform for renting and reselling - [Palestine Labour Ministry and Jericho YWCA Expand Women’s Employment and Entrepreneurship Programs](https://menastartupdigest.com/palestine-labour-ministry-and-jericho-ywca-expand-womens-employment-and-entrepreneurship-programs/): Palestine’s Ministry of Labour and the Young Women’s Christian Association (YWCA) in Jericho have agreed to strengthen cooperation on women’s economic empowerment, vocational training, entrepreneurship and cooperatives. The partnership aims to connect women with skills development, employment and decent work opportunities while supporting pathways to economic independence. Labour Minister Inas Al-Attari said stronger coordination with - [Jordan Graduates First Cohort of Entrepreneurship Program for Military Personnel with Disabilities](https://menastartupdigest.com/jordan-graduates-first-cohort-of-entrepreneurship-program-for-military-personnel-with-disabilities/): Jordan has graduated the first cohort of an entrepreneurship program designed for military personnel with disabilities and their families, following a nine-month training period. The program was organised through a partnership between the Hashemite Commission for Disabled Military Personnel, AMIDEAST-Jordan and Boeing, with support from Jordan Aircraft Maintenance Limited (Joramco) and other private-sector partners. It - [Qatar’s Al Dhakhira Girls Forum Concludes She Innovates Entrepreneurship Event](https://menastartupdigest.com/qatars-al-dhakhira-girls-forum-concludes-she-innovates-entrepreneurship-event/): Al Dhakhira Girls Forum has concluded “She Innovates,” a two-day entrepreneurship event designed to help Qatari women turn business ideas into testable and developable projects. Held under the patronage of Qatar’s Ministry of Sports and Youth, and organised with the Young Entrepreneurs Club (Y.E.C.) and other partners, the event combined entrepreneurship, design, artificial intelligence and - [Capital University Trains 50 Students in Entrepreneurship and Small Business Management](https://menastartupdigest.com/capital-university-trains-50-students-in-entrepreneurship-and-small-business-management/): The Faculty of Education at Capital University has trained 50 students in entrepreneurship and small business management through an online workshop hosted on Microsoft Teams. Organized by the university’s Adult Education Center, the session introduced students to entrepreneurship, the characteristics of successful entrepreneurs, and the process of selecting and assessing a viable business idea. It - [Oman’s Riyada Concludes Entrepreneurship Program for 30 Academics and Administrators in Musandam](https://menastartupdigest.com/omans-riyada-concludes-entrepreneurship-program-for-30-academics-and-administrators-in-musandam/): Oman’s Small and Medium Enterprises Development Authority, known as Riyada, has concluded a training program for academics and administrators in Musandam, with 30 participants taking part. Held at Riyada Hall under the title “Entrepreneur Readiness for Academics and Administrators,” the program aimed to build entrepreneurship skills and help participants introduce entrepreneurial thinking into their workplaces. - [Samanoud Technological University Team Wins Third Place in Rally Startup Egypt](https://menastartupdigest.com/samanoud-technological-university-team-wins-third-place-in-rally-startup-egypt/): BanaBoard, a student team from Egypt’s Samanoud Technological University, won third place in the national finals of Rally Startup Egypt, receiving a prize of EGP 50,000. The competition brought together startup projects from universities across Egypt. According to the announcement, more than 5,000 ideas and projects entered the competition, with around 1,200 selected for university-based - [Jordan FinTech Academy and MFTA Launch Regional Partnership to Strengthen Fintech Talent](https://menastartupdigest.com/jordan-fintech-academy-and-mfta-launch-regional-partnership-to-strengthen-fintech-talent/): Jordan FinTech Academy has partnered with the MENA Fintech Association (MFTA) to expand knowledge-sharing, training and professional development across the region’s financial technology sector. The collaboration will connect Jordanian professionals with MFTA’s regional network through specialised workshops, expert and speaker exchanges, and fintech curricula tailored to industry needs. The partners also plan to explore joint - [Holcim Algeria Promotes Green Entrepreneurship Among Youth in Mascara](https://menastartupdigest.com/holcim-algeria-promotes-green-entrepreneurship-among-youth-in-mascara/): Holcim Algeria is hosting a technical awareness day at its plant in Oggaz, Mascara province, as part of Geocycle Week, a global initiative focused on the circular economy and waste valorization. The initiative targets young people from local vocational training centers. It will introduce them to opportunities in waste management and the circular economy, while - [Aghadeer Jouihan Elected to Arab Businesswomen Council Board for 2026–2030](https://menastartupdigest.com/aghadeer-jouihan-elected-to-arab-businesswomen-council-board-for-2026-2030/): Dr. Aghadeer Jouihan, director general of the Princess Taghreed Foundation, has been elected to the board of the Arab Businesswomen Council for its eighth term, running from 2026 to 2030. The election took place during the council’s general assembly meeting at the headquarters of the League of Arab States in Cairo, with the participation of - [Damietta University Conference Links Teacher Training to Jobs, Entrepreneurship and AI](https://menastartupdigest.com/damietta-university-conference-links-teacher-training-to-jobs-entrepreneurship-and-ai/): Damietta University’s Faculty of Education has concluded its fourth annual scientific conference on the future of teacher-training colleges in Egypt amid changing labour-market needs, entrepreneurship and artificial intelligence. The conference examined how education programmes can better prepare students for future jobs, strengthen innovation and entrepreneurship, and close the gap between graduate skills and employer expectations. - [Egypt’s Entrepreneurship Ecosystem Highlights Five Strengths in 2026 Report](https://menastartupdigest.com/egypts-entrepreneurship-ecosystem-highlights-five-strengths-in-2026-report/): Egypt’s entrepreneurship ecosystem has five core strengths that could support startup growth and attract new investment, according to the “Egypt’s Position in Entrepreneurship and Innovation Indicators 2026” report. Issued by the Egypt Entrepreneurship and Innovation Center (EEIC), which operates under the National Institute for Governance and Sustainable Development, the report identified access to finance, skilled - [10th Abu Dhabi Sustainable Entrepreneurship Forum Opens](https://menastartupdigest.com/10th-abu-dhabi-sustainable-entrepreneurship-forum-opens/): The 10th Abu Dhabi Sustainable Entrepreneurship Forum opened on September 30, bringing regional business leaders, policymakers and experts together for a two-day event at Jumeirah Saadiyat Island Resort in Abu Dhabi. Organised by the Abu Dhabi Sustainability Group, which operates under the Environment Agency – Abu Dhabi, the forum is being held under the theme - [UAE Universities Urged to Strengthen Entrepreneurship and Innovation Culture](https://menastartupdigest.com/uae-universities-urged-to-strengthen-entrepreneurship-and-innovation-culture/): Sheikh Hazza bin Zayed Al Nahyan, the Ruler’s Representative in Al Ain, highlighted the role of national universities in promoting entrepreneurship and innovation among students and researchers during a review of Khalifa University of Science and Technology’s research programs and scientific initiatives. The university delegation, led by its president, Professor Ebrahim Al Hajri, presented the - [TAMWILCOM Launches Territorial Tour in Tangier With New Bank Co-Financing Offer](https://menastartupdigest.com/tamwilcom-launches-territorial-tour-in-tangier-with-new-bank-co-financing-offer/): TAMWILCOM has launched its “Tournée des Territoires” in Tangier, introducing a new co-financing offer developed with banking institutions. The tour is part of JOSSOUR 2030, TAMWILCOM’s 2026-2030 strategic plan. It will take the institution to 10 other regions to meet banks and businesses, explain its guarantee and financing mechanisms, and align its solutions with local - [Fujairah Chamber Launches Entrepreneurship Diploma for 25 Emirati Youth](https://menastartupdigest.com/fujairah-chamber-launches-entrepreneurship-diploma-for-25-emirati-youth/): The Fujairah Chamber of Commerce and Industry has launched a Professional Diploma in Entrepreneurship to prepare 25 Emirati young men and women, particularly from Fujairah, to develop and launch sustainable businesses. The programme is being delivered in partnership with Majra, the Sustainable Impact Committee in Fujairah under the National Fund for Corporate Social Responsibility, and - [Sheikh Hazza Highlights Universities’ Role in Advancing Entrepreneurship and Innovation in the UAE](https://menastartupdigest.com/sheikh-hazza-highlights-universities-role-in-advancing-entrepreneurship-and-innovation-in-the-uae/): Sheikh Hazza bin Zayed Al Nahyan, the Ruler’s Representative in Al Ain, has highlighted the role of national universities in building an entrepreneurship and innovation culture among students and researchers. His comments came during a meeting with a delegation from Khalifa University of Science and Technology, led by its president, Professor Ibrahim Saeed Al Hajri. - [Cash Plus and Damanesign Expand Access to E-Signatures Across Morocco](https://menastartupdigest.com/cash-plus-and-damanesign-expand-access-to-e-signatures-across-morocco/): Cash Plus and Damanesign have partnered to expand access to qualified electronic signature certificates in Morocco, starting with 13 Cash Plus agencies across 11 cities. Cash Plus will serve as a delegated registration authority, allowing companies, public institutions and regulated professionals to submit applications, complete identity checks and collect secure USB keys containing certificates issued - [Morocco’s TAMWILCOM Mobilizes $2.47B in Financing in First Half of 2026](https://menastartupdigest.com/moroccos-tamwilcom-mobilizes-2-47b-in-financing-in-first-half-of-2026/): Morocco’s TAMWILCOM mobilized MAD 23.9 billion ($2.47 billion) in financing during the first half of 2026, supporting businesses and other economic actors, according to the institution. The figure includes MAD 14.7 billion ($1.52 billion) in commitments across more than 31,500 credit operations. Businesses accounted for nearly 26,000 of those operations, with small and microenterprises among - [Syria Plans to Recycle 50M Cubic Meters of War Rubble for Reconstruction](https://menastartupdigest.com/syria-plans-to-recycle-50m-cubic-meters-of-war-rubble-for-reconstruction/): Syria is expanding efforts to recycle an estimated 50 million cubic meters of war rubble into construction materials, as authorities seek to support reconstruction and create jobs. Raed al-Saleh, minister of emergency and disaster management, said around three million cubic meters had been removed during the first eight months of 2026. Authorities are targeting a - [Syria Launches Touristech Initiative at Aleppo Citadel with Six Digital Stations](https://menastartupdigest.com/syria-launches-touristech-initiative-at-aleppo-citadel-with-six-digital-stations/): Syria has launched Touristech, a national initiative using digital tools to create interactive tourism experiences, with the Aleppo Citadel selected as its first site. The project lets visitors explore the citadel’s 5,000-year history through six digital stations linked by QR codes. The stations provide access to historical photographs, archaeological maps and other content, without requiring - [360 Food Syria Concludes in Damascus with Export Agreements and New Trade Opportunities](https://menastartupdigest.com/360-food-syria-concludes-in-damascus-with-export-agreements-and-new-trade-opportunities/): 360 Food Syria, a food industries exhibition in Damascus, concluded after three days of meetings focused on Syrian products, export opportunities and new commercial partnerships. The exhibition brought together 120 local, Arab and international companies from 18 countries. It covered the wider food value chain, including agricultural production and inputs, modern farming technologies, food processing, - [Mushroom Farming in Syria Moves from Family Projects Toward Scalable Industry](https://menastartupdigest.com/mushroom-farming-in-syria-moves-from-family-projects-toward-scalable-industry/): Mushroom farming in Syria is gradually expanding from small production rooms and family-run projects into an agricultural activity with potential for growth and processing, according to a report by SANA. Oyster mushrooms can be produced in limited spaces, including homes, with relatively simple equipment. However, producers face marketing challenges because fresh oyster mushrooms have a - [Syria Travel 2026 Forum Opens in Damascus with 34 Exhibitors From 14 Countries](https://menastartupdigest.com/syria-travel-2026-forum-opens-in-damascus-with-34-exhibitors-from-14-countries/): The first Syria Travel 2026 Forum has opened in Damascus, bringing together tourism authorities, investors and companies from the travel, hospitality, aviation and technology sectors. Organised by event company Mangosteen and digital marketing firm SO Media, the forum will run through September 30 at the Dama Rose Hotel. Its programme includes an exhibition, conference, startup - [Qualcomm Licenses Huawei’s LogicFolding Chip Design Technology](https://menastartupdigest.com/qualcomm-licenses-huaweis-logicfolding-chip-design-technology/): Qualcomm and Huawei have signed a multi-year intellectual property agreement covering technologies related to 5G, computing, artificial intelligence and networking, according to the announcement. The deal includes Qualcomm licensing technology linked to Huawei’s LogicFolding chip design approach. The system reorganizes circuitry and signal paths inside a chip to improve transistor density and data movement, offering - [Saudi M&A Activity Gains Momentum With SAR 1.6B Deals](https://menastartupdigest.com/saudi-ma-activity-gains-momentum-with-sar-1-6b-deals/): Saudi Arabia’s mergers and acquisitions market is picking up pace in 2026, with regulatory filings and billion-riyal transactions spanning healthcare, energy, financial services and sports. The General Authority for Competition received 112 economic concentration applications in the second quarter, up 29% from 87 a year earlier. It issued 76 no-objection decisions, while the applications under - [Dubai Launches Agentic AI Accelerator for 33 Government Entities](https://menastartupdigest.com/dubai-launches-agentic-ai-accelerator-for-33-government-entities/): Dubai Future Foundation has launched an accelerator to help 33 government entities assess and develop public services powered by agentic AI. Organised by the Dubai Centre for Artificial Intelligence under the Dubai Future Accelerators programme, the initiative’s first phase will review more than 300 public-facing use cases. Entities will select applications with the strongest potential - [Egypt Studies Disaster Financing Tools Including Catastrophe Bonds](https://menastartupdigest.com/egypt-studies-disaster-financing-tools-including-catastrophe-bonds/): Egypt’s Ministry of Finance is studying financial mechanisms to manage the potential fiscal impact of natural disasters as part of a medium-term disaster risk financing strategy. The options under review include emergency credit lines, insurance for critical public assets, sovereign risk transfer instruments and catastrophe bonds. The ministry is also assessing whether government debt contracts - [Emirates NBD Launches AI Travel Planner With Visa and Tripadvisor](https://menastartupdigest.com/emirates-nbd-launches-ai-travel-planner-with-visa-and-tripadvisor/): Emirates NBD has launched a free AI travel assistant in the UAE through a partnership with Visa and Tripadvisor, extending the bank’s digital services into travel planning. The tool uses a conversational interface to recommend destinations and itineraries based on users’ preferences, budgets and travel styles. Its suggestions draw on more than 1 billion Tripadvisor - [Qai to Deploy GPU Infrastructure in MEEZA Data Centre in Qatar](https://menastartupdigest.com/qai-to-deploy-gpu-infrastructure-in-meeza-data-centre-in-qatar/): Qatar’s national AI company Qai will deploy its advanced GPU infrastructure inside a Tier III-certified data centre operated by Qatari managed IT services provider MEEZA. The arrangement will keep Qai’s compute services and customer data in Qatar, under the country’s data protection and cybersecurity regulations. MEEZA will provide high-density power and managed services covering infrastructure - [Dubai Municipality Joins Digital Twin Consortium to Advance Virtual City Planning](https://menastartupdigest.com/dubai-municipality-joins-digital-twin-consortium-to-advance-virtual-city-planning/): Dubai Municipality has joined the Digital Twin Consortium (DTC), a global organisation focused on advancing digital twin technology for infrastructure planning and urban development. The consortium has 170 member entities worldwide. Through the membership, Dubai Municipality will gain access to international expertise and emerging applications involving digital twins, geospatial data, artificial intelligence and predictive analytics. - [UAE Unveils Probe for Eight-Year Mission to Asteroid 269 Justitia](https://menastartupdigest.com/uae-unveils-probe-for-eight-year-mission-to-asteroid-269-justitia/): The UAE has unveiled a homegrown probe that will travel to asteroid 269 Justitia as part of the Emirates Mission to the Asteroid Belt, marking a new phase in the country’s deep-space program. Developed by the UAE Space Agency with Abu Dhabi’s Technology Innovation Institute (TII), the probe is heading to Colorado for integration with - [UAE and Syria Central Banks Sign MoU on Payments and Fintech](https://menastartupdigest.com/uae-and-syria-central-banks-sign-mou-on-payments-and-fintech/): The Central Bank of the UAE (CBUAE) and the Central Bank of Syria have signed a memorandum of understanding covering financial and technical cooperation, including payment systems and financial technology. The agreement also covers monetary policy, cash management, climate risk management, sustainable finance, financial inclusion and financial literacy. It establishes a framework for sharing expertise - [UAE and Morocco Sign MoUs on Payments, Islamic Finance and CBDCs](https://menastartupdigest.com/uae-and-morocco-sign-mous-on-payments-islamic-finance-and-cbdcs/): The Central Bank of the UAE (CBUAE) and Bank Al-Maghrib, Morocco’s central bank, have signed two memoranda of understanding covering banking supervision, Islamic finance and potential links between their payment systems. The first agreement focuses on regulatory cooperation and Islamic finance. The central banks will exchange supervisory information on banks and financial institutions, coordinate on - [KAUST Develops AI Model to Improve Saudi Mineral Exploration](https://menastartupdigest.com/kaust-develops-ai-model-to-improve-saudi-mineral-exploration/): Thuwal-based King Abdullah University of Science and Technology (KAUST) has developed a generative AI model designed to reduce uncertainty in mineral exploration. The geological foundation model generates multiple plausible 3D views of underground rock formations using surface observations and limited borehole data. Each scenario includes a quantified level of uncertainty, giving geologists several hypotheses to - [UAE Ranks Sixth Globally in Cyber Threat Exposure, Microsoft Says](https://menastartupdigest.com/uae-ranks-sixth-globally-in-cyber-threat-exposure-microsoft-says/): The UAE ranked sixth globally among countries where Microsoft customers were most frequently affected by cyber activity during the first half of 2026, according to Microsoft’s 2026 Digital Defense Report. It ranked second across the Middle East and Africa. The report draws on more than 165 trillion security signals each day and says artificial intelligence - [Bank Misr’s 17 Business Development Centers Deliver 261,000 Services to Entrepreneurs](https://menastartupdigest.com/bank-misrs-17-business-development-centers-deliver-261000-services-to-entrepreneurs/): Bank Misr has expanded its non-financial support for Egyptian entrepreneurs and small businesses through a network of 17 business development service centers, which have provided more than 261,000 services since launching in July 2019. According to the bank, the centers have helped finance more than 5,000 projects, with total funding exceeding EGP 3.20 billion. The - [130 Qatar Startups Generate $48.9M in Revenue and Raise $86.6M](https://menastartupdigest.com/130-qatar-startups-generate-48-9m-in-revenue-and-raise-86-6m/): A total of 130 startups in Qatar have generated more than $48.9M in revenue and raised over $86.6M in funding, according to the latest figures published by the country’s Ministry of Communications and Information Technology. The ministry did not specify the period covered by the data. Technology-focused entrepreneurship support has also helped create 1,485 local - [Capital University Teams Win EGP 375K in Egypt Entrepreneurship Rally](https://menastartupdigest.com/capital-university-teams-win-egp-375k-in-egypt-entrepreneurship-rally/): Six teams from Capital University have won a combined EGP 375,000 in funding and investment at the 2026 Egypt Entrepreneurship Rally, held at the Arab Academy for Science, Technology and Maritime Transport. The competition brought together 41 Egyptian universities and 750 startup projects, according to the announcement. The results highlight the university’s student-led work across - [Iraq Announces $2.7B Package to Support Economic Growth](https://menastartupdigest.com/iraq-announces-2-7b-package-to-support-economic-growth/): Iraq has announced a 3.5 trillion dinar ($2.7 billion) package to stimulate economic growth, with funding directed towards agriculture, industry, housing, construction, tourism and services. Prime Minister Ali Faleh Al-Zaidi said the programme would also support public-private partnerships and create new jobs, according to the Iraqi News Agency. The government plans to allocate 1 trillion - [Egyptian EV Startup EVRAID Targets $2M Funding Round in 2027](https://menastartupdigest.com/egyptian-ev-startup-evraid-targets-2m-funding-round-in-2027/): Egyptian deep-tech startup EVRAID plans to launch a $2M funding round in early 2027, with the aim of closing it within six months. The company said it will use the capital to expand supplies and component inventories, increase production volumes, lower manufacturing costs and strengthen battery quality testing. EVRAID is also targeting a $400K round - [Sawari Ventures: Egypt’s Startup Funding Challenge Is Capital Distribution](https://menastartupdigest.com/sawari-ventures-egypts-startup-funding-challenge-is-capital-distribution/): Egypt does not face a broad shortage of startup capital, but funding is unevenly distributed across investment stages, according to Dalia El Mohamady, CFO at Sawari Ventures. Speaking at the “New Funding Horizons: Mobilising Private Capital to Support Startup Innovation” session during Techne Summit Alexandria 2026, El Mohamady said each stage of a company’s growth - [Finance in Motion Executive Urges Investors to Plan Startup Exits from Day One](https://menastartupdigest.com/finance-in-motion-executive-urges-investors-to-plan-startup-exits-from-day-one/): Startup investors should define their exit strategy at the beginning of an investment, rather than waiting several years before considering how to recover capital and generate returns, according to Muhammad Morsi, regional director for Egypt and Yemen at Finance in Motion. Speaking at the “Next Frontier of Funding: Mobilising Private Capital for Startup Innovation” session - [TokenAI Launches 41M-Parameter Neo AI Decision Model in Egypt](https://menastartupdigest.com/tokenai-launches-41m-parameter-neo-ai-decision-model-in-egypt/): Alexandria-based startup TokenAI has launched Neo, a compact AI decision model designed to choose the right tool for a task or escalate the decision to a human reviewer. Neo has 41 million parameters and was trained from scratch on 400,000 synthetic records covering about one million decisions. It can produce three outputs in a single - [Qatar Expands Startup Qatar Program With Up to $5.5M in Funding](https://menastartupdigest.com/qatar-expands-startup-qatar-program-with-up-to-5-5m-in-funding/): Qatar is expanding its Startup Qatar Investment Program, offering up to $1.1M for early-stage technology startups and as much as $5.5M for established companies seeking to expand in the country. Led by Qatar Development Bank, the program combines investment with operational support, including waived registration and licence renewal fees, assistance with work and entrepreneur visas, - [Al Moammar Information Systems Begins HUMAIN Project Under Work Order Worth More Than 148% of 2025 Revenue](https://menastartupdigest.com/al-moammar-information-systems-begins-humain-project-under-work-order-worth-more-than-148-of-2025-revenue/): Al Moammar Information Systems has started implementing its strategic agreement with Humain after receiving a first work order worth more than 148% of the company’s total revenue for 2025. According to an announcement published on the Saudi Exchange, the work order was received on October 1, 2026, and covers the previously announced 50-megawatt capacity. The - [Saudi Arabia Reports SAR 489B in SME Financing, Targets 500K New Jobs](https://menastartupdigest.com/saudi-arabia-reports-sar-489b-in-sme-financing-targets-500k-new-jobs/): Saudi Arabia has directed SAR 489B in financing to small and medium-sized enterprises, representing 11.8% of the country’s total financing portfolio, according to comments by Saud Al-Sabhan, deputy governor of the Small and Medium Enterprises General Authority for entrepreneurship. Entrepreneurs can also access more than 174 government initiatives and support programs. The number of SMEs - [ITIDA Opens Applications for 2027 StartIT Startup Incubator in Egypt](https://menastartupdigest.com/itida-opens-applications-for-2027-startit-startup-incubator-in-egypt/): Egypt’s Information Technology Industry Development Agency (ITIDA), through the Technology Innovation and Entrepreneurship Center (TIEC), has opened applications for the first 2027 cohorts of its StartIT startup incubation programme. Selected startups will receive EGP 480,000 in funding without giving up equity, along with $10,000 in Amazon Web Services (AWS) credits. The incubation period will run - [Abu Dhabi Businesswomen Council and Emirates Foundation Run Little Entrepreneurs Camp](https://menastartupdigest.com/abu-dhabi-businesswomen-council-and-emirates-foundation-run-little-entrepreneurs-camp/): The Abu Dhabi Businesswomen Council and Emirates Foundation have organized the 2026 Little Entrepreneurs summer camp, an interactive program introducing children aged 7 to 10 to entrepreneurship. Held from August 3 to 13, the five-day program used practical activities to help participants develop ideas, turn them into projects and learn the basics of marketing, digital - [Arab Academy Startup Rally Brings Together 41 Universities and 750 Projects in Egypt](https://menastartupdigest.com/arab-academy-startup-rally-brings-together-41-universities-and-750-projects-in-egypt/): The Arab Academy for Science, Technology and Maritime Transport has concluded the sixth Rally Startup Festival at its new Al Burouj campus, bringing together participants from 41 universities and more than 750 projects. Held as part of the academy’s strategic partnership with the National Bank of Egypt, the festival supports the Egypt Entrepreneurship Rally and - [Egypt Officials Outline Startup Support and Africa Innovation Cooperation at Alamein Forum](https://menastartupdigest.com/egypt-officials-outline-startup-support-and-africa-innovation-cooperation-at-alamein-forum/): Egyptian officials called for stronger support for startups and deeper economic cooperation across Africa during a session focused on entrepreneurship and economic development at the Alamein Africa Forum. Badr Abdelatty, Egypt’s minister of foreign affairs, international cooperation and Egyptians abroad, said Africa’s natural resources, economic potential and human capital could support faster growth. He stressed - [Makhzoumi Foundation Trainers Recognized in ILO Entrepreneurship Program](https://menastartupdigest.com/makhzoumi-foundation-trainers-recognized-in-ilo-entrepreneurship-program/): Lebanon’s Makhzoumi Foundation took part in the closing ceremony of the ENABLE entrepreneurship program, where two of its trainers were recognized after completing the first stage of the International Labour Organization’s (ILO) trainer development program. Funded by the European Union, ENABLE is implemented by the ILO in partnership with Lebanon’s Ministry of Social Affairs, with - [Techne Summit Alexandria 2026 Targets 45,000 Startup and Investor Participants](https://menastartupdigest.com/techne-summit-alexandria-2026-targets-45000-startup-and-investor-participants/): Techne Summit Alexandria 2026 has opened at the Bibliotheca Alexandrina, bringing together startups, entrepreneurs, investors, technology companies and organisations supporting Egypt’s innovation ecosystem. The summit runs through October 5. The event is held under the patronage of Egypt’s ministries of Communications and Information Technology, Investment and Foreign Trade, and Finance. Meta, the Information Technology Industry - [Money Fellows Surpasses 8M Registered Users as It Expands Beyond Egypt](https://menastartupdigest.com/money-fellows-surpasses-8m-registered-users-as-it-expands-beyond-egypt/): Egyptian fintech startup Money Fellows has surpassed 8 million registered users since launch, with around 350,000 monthly active customers and 1.2 million customers having used its services, founder and CEO Ahmed Wady said at Techne Alexandria 2026. Speaking during a session on how startups are reshaping financial services, Wady said the company is targeting markets - [UAE Ranks Among World’s Top 25 Innovation Economies for First Time](https://menastartupdigest.com/uae-ranks-among-worlds-top-25-innovation-economies-for-first-time/): The UAE has entered the world’s top 25 innovation economies for the first time, climbing five places to 25th among 139 economies in the World Intellectual Property Organisation’s Global Innovation Index 2026. It ranked 30th in 2025. The country ranked first globally in four indicators: entrepreneurship policies and culture, attraction of international students, startup and - [DIFC and AIWF Launch Women in Family Leadership and Governance Program](https://menastartupdigest.com/difc-and-aiwf-launch-women-in-family-leadership-and-governance-program/): DIFC Family Wealth Centre (DFWC) and the Arab International Women’s Forum (AIWF) have launched a programme aimed at increasing women’s participation in family business governance across the region. The Women in Family Leadership and Governance Programme was announced during the “Women-Led Family Business in the Global Economy” roundtable and networking event at Dubai International Financial - [Morocco Registers 60,908 New Companies in First Seven Months of 2026](https://menastartupdigest.com/morocco-registers-60908-new-companies-in-first-seven-months-of-2026/): Morocco registered 60,908 new companies in its commercial register during the first seven months of 2026, according to the Moroccan Office of Industrial and Commercial Property (OMPIC). Legal entities accounted for 45,898 registrations, or 75% of the total, while natural persons represented the remaining 15,010 registrations. Among legal structures, single-member limited liability companies (SARL AU) - [Abu Dhabi Sustainability Group Announces Winners of 10th Sustainable Business Leadership Awards](https://menastartupdigest.com/abu-dhabi-sustainability-group-announces-winners-of-10th-sustainable-business-leadership-awards/): The Abu Dhabi Sustainability Group has announced the winners of the 10th Abu Dhabi Sustainable Business Leadership Awards, recognising organisations and individuals for sustainability initiatives and practices that support environmental protection and positive community impact. The winners were revealed at a ceremony marking 10 years since the awards were launched. Entries were assessed by an - [OpenAI to Show Visual Ads Alongside ChatGPT Image Results in the US](https://menastartupdigest.com/openai-to-show-visual-ads-alongside-chatgpt-image-results-in-the-us/): OpenAI will begin showing visual display ads alongside images generated by ChatGPT later this month, initially in the US. The ads will feature products and services from an initial group of advertisers. OpenAI said they will be clearly labeled and will not influence ChatGPT’s responses. The launch expands the advertising business OpenAI introduced earlier this - [Bloomberg Expands Saudi Presence with New Office in Riyadh’s KAFD](https://menastartupdigest.com/bloomberg-expands-saudi-presence-with-new-office-in-riyadhs-kafd/): Bloomberg has expanded its presence in Saudi Arabia with the opening of a new office at the King Abdullah Financial District (KAFD) in Riyadh, extending a local operation that began in 2007. The company provides services to banks, asset managers, sovereign wealth funds and government institutions in the kingdom. Bloomberg President Jean-Paul Zammitt said the - [Tunisia Holds Second Regional Days for Women Entrepreneurs Ahead of October 5 Deadline](https://menastartupdigest.com/tunisia-holds-second-regional-days-for-women-entrepreneurs-ahead-of-october-5-deadline/): Tunisia’s Ministry of Family, Women, Children and the Elderly has held the second edition of the “Raيدات” regional days across the country’s governorates to support women seeking to launch or expand businesses. Held on October 3, 2026, the initiative aims to raise awareness of the national “Raيدات” women’s entrepreneurship and investment program, facilitate registration on - [Creative Summit Festival Returns to Riyadh with Ministry of Media Partnership](https://menastartupdigest.com/creative-summit-festival-returns-to-riyadh-with-ministry-of-media-partnership/): The third edition of Creative Summit is taking place from October 3 to 5 at Jax District in Riyadh, in strategic partnership with Saudi Arabia’s Ministry of Media. The three-day festival brings together leaders, investors, entrepreneurs and creatives from Saudi Arabia, the region and beyond to examine the future of the creative industries and the - [Egypt’s ClimateTech Expo Connects 42 Startups With Investors](https://menastartupdigest.com/egypts-climatetech-expo-connects-42-startups-with-investors/): Egypt’s Ministry of Local Development and Environment joined the Climate-Tech Expo in Cairo, bringing together 42 Egyptian climate-tech startups with investors, companies and government officials from Egypt, Europe, the Middle East and Africa. The event was organised by the Ministry of Industry in collaboration with the Private Sector Innovation (PSI) project and the German Agency - [Egypt’s Alamein Africa Business Forum Draws 1,500 Participants](https://menastartupdigest.com/egypts-alamein-africa-business-forum-draws-1500-participants/): Egypt has opened the first Alamein Africa Business Forum, bringing together 1,500 participants in New Alamein, including heads of state and government, public and private-sector leaders, investors and international financial institutions. Held from October 2 to 4, 2026, the forum is taking place under an African Union decision to convene the event every two years - [ITIDA Chief: AI Opens New Opportunities for Egyptian Startups](https://menastartupdigest.com/itida-chief-ai-opens-new-opportunities-for-egyptian-startups/): Artificial intelligence is creating new opportunities for Egyptian startups, but it is also raising the bar for competition, according to Ahmed El Daher, CEO of the Information Technology Industry Development Agency (ITIDA). Speaking at Techne Summit Alexandria 2026, El Daher said access to AI models does not give companies equal competitive strength. The advantage, he - [Project Suppliers Raises SAR 3.75M Pre-Seed Round for AI Cash Flow Tools](https://menastartupdigest.com/project-suppliers-raises-sar-3-75m-pre-seed-round-for-ai-cash-flow-tools/): Project Suppliers has closed a SAR 3.75 million pre-seed investment round, backed by angel investors, to develop AI-powered cash flow management solutions for Saudi Arabia’s construction and MEP supply sectors. The platform connects suppliers and buyers in the construction and supply industry. According to the announcement, its database includes more than 12,000 suppliers and contractors, - [Amtar and Beltone Plan $38.3M Fractional Real Estate Fund in Egypt](https://menastartupdigest.com/amtar-and-beltone-plan-38-3m-fractional-real-estate-fund-in-egypt/): Egyptian proptech platform Amtar is partnering with Beltone to launch a real estate investment fund targeting EGP 2 billion, or about $38.3M. The fund’s first offering is planned before the end of 2026. The vehicle will let investors buy fractional ownership in real estate assets through shares instead of purchasing entire properties. Under Amtar’s model, - [AI Moves Deeper Into Investment Decisions Across Arab Stock Markets](https://menastartupdigest.com/ai-moves-deeper-into-investment-decisions-across-arab-stock-markets/): Artificial intelligence is moving beyond market research in Arab stock markets, with systems increasingly used to shape portfolios, provide investment recommendations and, in some cases, execute trades. Saudi Arabia, the UAE and Egypt are taking different regulatory approaches. Saudi Arabia is developing rules for AI-powered advisory services and algorithmic trading. The Capital Market Authority has - [Dubai Chambers and Assolombarda Sign Mou as Dubai-Italy Trade Reaches $13.9b](https://menastartupdigest.com/dubai-chambers-and-assolombarda-sign-mou-as-dubai-italy-trade-reaches-13-9b/): Dubai Chambers has signed a memorandum of understanding with Assolombarda, Italy’s largest regional business association, to strengthen trade and investment ties between Dubai and Italy. The agreement connects Dubai companies with Assolombarda’s network of around 7,000 businesses across Milan, Lodi, Monza and Brianza, and Pavia. It will support business delegations, joint events, knowledge sharing and - [UAE Business AI Adoption Reaches 72% as AWS Expands Cloud Investment](https://menastartupdigest.com/uae-business-ai-adoption-reaches-72-as-aws-expands-cloud-investment/): AI adoption among UAE businesses reached 72% in 2026, up from 53% a year earlier, according to a report from Amazon Web Services (AWS) and the UAE Artificial Intelligence Office, produced with Strand Partners. The report found that 85% of companies using AI have accelerated their innovation timelines. However, adoption remains uneven: 47% of businesses - [Dubai Schools Set to Receive New AI Use Guidelines Next Year](https://menastartupdigest.com/dubai-schools-set-to-receive-new-ai-use-guidelines-next-year/): Schools in Dubai are expected to receive new guidelines on using artificial intelligence in classrooms next year, as the emirate seeks to balance digital education with safeguards for children. Aisha Miran, director general of Dubai’s Knowledge and Human Development Authority (KHDA), said the guidance is intended to clarify when AI and other technologies can support - [UAE and Saudi Arabia Report Among World’s Highest AI Agent Adoption Rates](https://menastartupdigest.com/uae-and-saudi-arabia-report-among-worlds-highest-ai-agent-adoption-rates/): Knowledge workers in the UAE and Saudi Arabia are using AI agents at rates well above the global average, according to HP’s 2026 Work Relationship Index. The study found that 60% of Saudi workers and 57% of UAE workers use AI agents. HP identified China, Saudi Arabia and India as leading markets for agentic AI - [Abu Dhabi Launches Portal for Government Asset Investment Opportunities](https://menastartupdigest.com/abu-dhabi-launches-portal-for-government-asset-investment-opportunities/): Abu Dhabi’s Department of Municipalities and Transport (DMT) has launched a digital portal through TAMM to help investors explore opportunities involving government-owned land and built assets across the emirate. The Government Assets Investment Opportunities Portal brings key stages of the investment process into one service. Investors can identify opportunities, submit expressions of interest, participate in - [ITIDA Outlines AI Startup Support Strategy at Techne Summit Alexandria 2026](https://menastartupdigest.com/itida-outlines-ai-startup-support-strategy-at-techne-summit-alexandria-2026/): Egypt’s technology sector needs to help startups move beyond using artificial intelligence tools and build products that solve real problems, ITIDA CEO Ahmed El-Zaher said at the opening of Techne Summit Alexandria 2026. El-Zaher said AI is lowering the resources needed to develop software, products and services, but competition is increasing. He identified specialized data, - [SoftBank Completes $30B OpenAI Investment, Raising Stake to 13%](https://menastartupdigest.com/softbank-completes-30b-openai-investment-raising-stake-to-13/): SoftBank Group has completed its $30 billion investment in OpenAI, bringing its total investment in the ChatGPT maker to approximately $64.6 billion and giving it a 13% stake. The investment was completed through three $10 billion tranches from SoftBank’s Vision Fund 2. It fulfills the Japanese conglomerate’s commitment to OpenAI’s latest funding round, which secured - [OpenAI Notifies More Than 100 Organizations Over Rogue AI Agent Activity](https://menastartupdigest.com/openai-notifies-more-than-100-organizations-over-rogue-ai-agent-activity/): OpenAI has notified more than 100 organizations after identifying AI agent activity that may have involved attempts to bypass security controls, trigger unexpected commands and interact with external systems. The company described the behavior as “misaligned agent activity,” according to the announcement. Some agents reportedly tried to persuade websites to execute unintended commands, use websites - [Saudi Fintech Barq Gets Preliminary Approval to Add Financing Services](https://menastartupdigest.com/saudi-fintech-barq-gets-preliminary-approval-to-add-financing-services/): Saudi fintech company Barq has received preliminary approval from the Saudi Central Bank to add financing activities to its business scope, expanding beyond digital payments and transfers. The company said it plans to develop financing products that comply with Islamic Sharia principles. However, the approval is not a final license, and Barq must complete the - [NVIDIA Cuts Saudi Arabic Speech Errors Using SDAIA Dataset](https://menastartupdigest.com/nvidia-cuts-saudi-arabic-speech-errors-using-sdaia-dataset/): NVIDIA has used Saudi Arabia’s Saudi Audio Dataset for Arabic (SADA) to fine-tune its open-weight Nemotron 3.5 ASR speech recognition model for Najdi and Hijazi dialects. According to NVIDIA, the model’s word error rate on Saudi Arabic fell from 55% to about 30% after training on SADA audio. Across the dataset’s full multi-dialect test set, - [Anthropic Discloses More Than $250B in AI Infrastructure Commitments](https://menastartupdigest.com/anthropic-discloses-more-than-250b-in-ai-infrastructure-commitments/): Anthropic has disclosed more than $250 billion in long-term infrastructure commitments to Google, Amazon and Microsoft as it expands computing capacity and moves toward a mix of dedicated data centers and directly leased chips. According to the company’s prospectus, the commitments include at least $111.1 billion with Google, $110 billion with Amazon and $31.4 billion - [Dubai Startup MetisJean Launches Sovereign AIOS With $3M Pre-Seed Funding](https://menastartupdigest.com/dubai-startup-metisjean-launches-sovereign-aios-with-3m-pre-seed-funding/): Dubai-headquartered startup MetisJean has launched in the UAE with Jean, a sovereign artificial intelligence operating system designed to run within an organisation’s own infrastructure. The company said Jean connects with internal applications, messaging systems and databases to learn how an organisation operates. It can then replicate code and workflows for repeat requests, reducing the need - [OpenAI Expands ChatGPT Plug-ins With App-Like Interfaces and Automations](https://menastartupdigest.com/openai-expands-chatgpt-plug-ins-with-app-like-interfaces-and-automations/): OpenAI is expanding ChatGPT plug-ins with dedicated app-like experiences, interactive panels and event-based automations that let users work with connected tools directly inside conversations. The company announced the updates at its DevDay presentation, saying developers can now create plug-in extensions with a dedicated home in ChatGPT’s sidebar. Existing plug-ins connect ChatGPT with tools including Slack, - [Etihad Rail Partners with Q Mobility and Parkin on Smart Parking Across UAE Stations](https://menastartupdigest.com/etihad-rail-partners-with-q-mobility-and-parkin-on-smart-parking-across-uae-stations/): Etihad Rail has partnered with Q Mobility and Parkin PJSC to develop and operate smart parking systems across its passenger station network as the UAE expands integrated rail travel. The first phase will cover stations in Abu Dhabi, Dubai, Al Dhaid and Fujairah. Q Mobility will manage parking at the Abu Dhabi, Al Dhaid and - [UAE CMA and MEIRA Launch Investor Relations Program for Emiratis](https://menastartupdigest.com/uae-cma-and-meira-launch-investor-relations-program-for-emiratis/): The UAE Capital Market Authority (CMA) and the Middle East Investor Relations Association (MEIRA) have launched a program to develop Emirati expertise in investor relations and strengthen professional capabilities across the country’s capital markets. Announced at the MEIRA Annual Conference in Dubai, the Emirati Investor Relations Development Program will combine MEIRA’s Certified Investor Relations Officer - [Dubai’s DEWA Shifts 76% of Services to Agentic AI](https://menastartupdigest.com/dubais-dewa-shifts-76-of-services-to-agentic-ai/): Dubai Electricity and Water Authority (DEWA) has moved 76% of its services to agentic artificial intelligence, reducing processing times by up to 95%, according to the utility provider. DEWA said it transformed 16 of its 21 services in less than 90 days. The remaining five are expected to be completed within two months. The changes - [UAE Ranks Sixth Globally in AI Readiness as AI Security Learning Surges 243%](https://menastartupdigest.com/uae-ranks-sixth-globally-in-ai-readiness-as-ai-security-learning-surges-243/): The UAE ranks sixth globally for AI readiness and first in the Middle East and North Africa, according to Coursera’s Global Skills Report 2026. The report’s AI-Human Skills Synergy Index measures how learners in 98 countries are developing AI capabilities alongside the human skills needed to apply them. Germany ranked first, followed by France, Japan, - [Saudi Arabia Says 93% of Vision 2030 Targets Are Complete](https://menastartupdigest.com/saudi-arabia-says-93-of-vision-2030-targets-are-complete/): Saudi Arabia has achieved 93% of the targets set under its Vision 2030 programs and strategies, Crown Prince and Prime Minister Mohammed bin Salman said during the opening of the Shura Council’s new session. The announcement highlighted the Kingdom’s shift toward a more diversified economy, with non-oil exports up 155% since 2016 and the private - [Microsoft, UAE Cyber Security Council and Core42 Plan Government Rollout of AI Security Tool](https://menastartupdigest.com/microsoft-uae-cyber-security-council-and-core42-plan-government-rollout-of-ai-security-tool/): Microsoft, the UAE Cyber Security Council and Core42, a G42 company, are preparing to deploy Microsoft’s MDASH AI-powered cybersecurity tool across UAE government entities. MDASH uses AI models and automated analysis to identify software vulnerabilities and prioritise risks. Microsoft is also making the tool available to eligible customers in the UAE, according to the announcement. - [LexisNexis Launches Protégé Legal AI Platform in the UAE](https://menastartupdigest.com/lexisnexis-launches-protege-legal-ai-platform-in-the-uae/): LexisNexis has begun rolling out Lexis+ with Protégé, its legal AI platform, across the Middle East and North Africa, starting with the UAE. The platform supports legal research, analysis and drafting. Lawyers can ask questions in plain language and receive answers based on LexisNexis sources, while larger assignments such as due diligence can be divided - [Saudi stc Named Platinum Gaming Operator in Q2 2026 GameMode Report](https://menastartupdigest.com/saudi-stc-named-platinum-gaming-operator-in-q2-2026-gamemode-report/): Saudi Arabia’s telecommunications company stc has been named the country’s “Platinum Gaming Operator” in the second-quarter 2026 report from the Communications, Space and Technology Commission (CST). The GameMode initiative compares telecom providers’ performance across popular video games in Saudi Arabia. According to the commission, overall performance improved by up to 60% compared with the second - [Saudi Exchange to Update Market Order Execution on October 4](https://menastartupdigest.com/saudi-exchange-to-update-market-order-execution-on-october-4/): Saudi Exchange will introduce a new mechanism for executing market orders in the Main Market and Nomu-Parallel Market from Sunday, October 4, 2026. Under the updated system, market orders can continue matching against available liquidity across multiple price levels, within a range of up to five price-tick units from the best available price. Previously, an - [HUMAIN and EY Develop Saudi First AI-Native BPO Service](https://menastartupdigest.com/humain-and-ey-develop-saudi-first-ai-native-bpo-service/): HUMAIN and EY are expanding their strategic partnership to develop what they describe as Saudi Arabia’s first AI-native business process outsourcing (BPO) service. The new model will combine HUMAIN’s artificial intelligence infrastructure, intelligent agents and automation capabilities with EY’s industry expertise, operational knowledge and market development experience. Rather than adding AI tools to existing processes, - [Anthropic Launches $100M Academy to Train 10,000 AI Deployment Engineers](https://menastartupdigest.com/anthropic-launches-100m-academy-to-train-10000-ai-deployment-engineers/): Anthropic is investing $100M in the Claude Frontier Academy, a new program designed to train 10,000 engineers to move corporate AI projects from initial concepts to live deployments. According to the announcement, the academy aims to graduate its “Frontier Deployed Engineers” by the end of 2027. Its first cohorts include engineers from companies such as - [RASA World Raises $9.5M as Investors Bet on Live Music Events](https://menastartupdigest.com/rasa-world-raises-9-5m-as-investors-bet-on-live-music-events/): As venture investors rush to back artificial intelligence startups, a small group is placing a different bet: live music and in-person experiences. About 10 investors have funded Los Angeles-based RASA World with $9.5M. Founded last year by three technology entrepreneurs, the startup organises electronic music festivals and live events around the world. RASA hosted 3,000 - [Saudi Digital Government Authority and STV Sign MoU to Support AI Startups](https://menastartupdigest.com/saudi-digital-government-authority-and-stv-sign-mou-to-support-ai-startups/): Saudi Arabia’s Digital Government Authority has signed a memorandum of understanding with venture capital firm STV to support startups developing artificial intelligence and emerging technology solutions for government services. According to the announcement, STV is targeting investments of up to SAR500 million in promising companies emerging from innovation centre programs. The initiative is designed to - [Fasset and NEXUS Sign MoU for AED and KRW Stablecoin Payments Pilot](https://menastartupdigest.com/fasset-and-nexus-sign-mou-for-aed-and-krw-stablecoin-payments-pilot/): Dubai-based digital finance company Fasset has signed a memorandum of understanding with KOSDAQ-listed NEXUS to explore stablecoin-based financial infrastructure linking the UAE dirham and South Korean won. The agreement was signed by Fasset FZE and NEXUS CEO Henry Chang at Korea Blockchain Week 2026 in Seoul on 30 September. The companies will focus on payment - [Saudi Insurers’ Investment Portfolios Reach SAR60B After 100% Growth](https://menastartupdigest.com/saudi-insurers-investment-portfolios-reach-sar60b-after-100-growth/): Saudi Arabia’s insurance companies now manage investment portfolios worth around SAR60 billion, after the value doubled over the past four years, according to comments by MedGulf Insurance CEO Omar Al Mahmoud. Speaking at a virtual workshop organised by the Eastern Chamber, Al Mahmoud said the country’s insurance market expanded from SAR42 billion in 2021 to - [Saudi Investment Market Enters a New Phase of Maturity](https://menastartupdigest.com/saudi-investment-market-enters-a-new-phase-of-maturity/): Saudi Arabia’s investment market is moving toward greater institutional maturity as its regulatory environment and infrastructure develop, while international investor interest continues to grow, according to comments by Mohannad Qabaj, co-founder of Olive Rock Partners. Speaking on the Argaam OnPoint podcast, Qabaj said describing Saudi Arabia simply as an emerging market no longer fully reflects - [OpenAI Launches Codex Cloud Environments for Collaborative Development](https://menastartupdigest.com/openai-launches-codex-cloud-environments-for-collaborative-development/): OpenAI has introduced Codex Cloud Environments, a new platform that lets developers use reusable cloud-based development environments and access their applications and coding tools from a computer, smartphone or the cloud. Announced during DevDay, the update is designed to help development teams work with shared configurations and approved permissions, making it easier to collaborate on - [DeepSeek Opens TileLang Tools for Huawei AI Chips](https://menastartupdigest.com/deepseek-opens-tilelang-tools-for-huawei-ai-chips/): Chinese AI company DeepSeek has made its TileLang software toolkit freely available to users developing artificial intelligence applications on Huawei Ascend chips, according to an announcement. The release adds momentum to China’s effort to build a domestic AI technology stack and reduce reliance on Nvidia products. TileLang is positioned as a Chinese alternative to CUDA, - [Reddit to End RSS and Public API Access Amid AI Scraping Concerns](https://menastartupdigest.com/reddit-to-end-rss-and-public-api-access-amid-ai-scraping-concerns/): Reddit will discontinue RSS feeds on November 13, 2026, and shut down public access to its API by March 2027 as it moves to tighter control over how its content is accessed and used. The company said RSS has become a channel for large-scale data extraction and abusive automation. The decision will affect users who - [Abu Dhabi Invests $80M to Upgrade Public Transport Technology](https://menastartupdigest.com/abu-dhabi-invests-80m-to-upgrade-public-transport-technology/): Abu Dhabi is investing around AED300 million ($80 million) to modernise the technology used to manage its public transport network and collect fares. The upgrade will introduce real-time monitoring for buses and journeys across the capital, alongside a new fare system that supports bank cards, digital payments and QR codes. The Integrated Transport Centre, also - [Saudi FDI Falls Nearly 20% to $5B in Q2 Amid Regional War](https://menastartupdigest.com/saudi-fdi-falls-nearly-20-to-5b-in-q2-amid-regional-war/): Foreign direct investment into Saudi Arabia fell nearly 20% year on year in the second quarter of 2026, as the regional war disrupted trade and investment activity. Net FDI inflows declined to SAR19 billion ($5 billion), the lowest level since 2024, according to the General Authority for Statistics. Despite the drop, Monica Malik, chief economist - [Rolls-Royce and Makeen Sign First Saudi Licence for High-Speed Engine Manufacturing](https://menastartupdigest.com/rolls-royce-and-makeen-sign-first-saudi-licence-for-high-speed-engine-manufacturing/): Saudi Engines Manufacturing Company (Makeen) will partner with the UK’s Rolls-Royce to manufacture high-speed engines in Saudi Arabia under the kingdom’s first individual licence agreement of its kind. The companies will target marine and naval applications, including high-speed ferries, coast guard vessels and patrol boats, according to Rolls-Royce. The agreement will combine Rolls-Royce Power Systems’ - [MENA Sovereign Wealth Funds Forecast to Invest $136B in 2026](https://menastartupdigest.com/mena-sovereign-wealth-funds-forecast-to-invest-136b-in-2026/): Middle East and North Africa sovereign wealth funds are expected to invest $136 billion across 327 transactions this year, down from $176 billion in 2025 but still their second most active year on record, according to Global SWF. The forecast comes as the Iran war puts pressure on Gulf government finances. Withdrawals from funds including - [Egypt’s MNT-Halan Plans 20% EGX Listing in October](https://menastartupdigest.com/egypts-mnt-halan-plans-20-egx-listing-in-october/): Egyptian fintech MNT-Halan plans to list a 20% stake in its domestic operations on the Egyptian Exchange (EGX), in what could become one of the country’s largest IPOs in recent years. The company said it will offer 320 million shares through a private placement for institutional investors and a public offering in Egypt. The final - [UAE AI Company AIQ Signs Deal to Deploy 1 Million Cameras in India](https://menastartupdigest.com/uae-ai-company-aiq-signs-deal-to-deploy-1-million-cameras-in-india/): UAE-based artificial intelligence company AIQ has signed a contract to deploy 1 million cameras for an unnamed Indian oil and gas conglomerate, marking a major expansion beyond its home market. The cameras will be installed across refineries, fuel stations and stores. According to AIQ chief executive Dennis Jol, the system will use CCTV and AI - [Saudi CMA Proposes Twice-Yearly Earnings Calls for Tadawul Companies](https://menastartupdigest.com/saudi-cma-proposes-twice-yearly-earnings-calls-for-tadawul-companies/): Companies listed on Saudi Arabia’s Tadawul could be required to hold earnings calls twice a year under draft rules proposed by the Capital Market Authority (CMA). The proposal aims to improve disclosure and transparency for investors and analysts. Companies would need to hold the calls within five business days of announcing their financial results and - [Kuwait Launches Payroll Tracking System to Strengthen Anti-Money Laundering Efforts](https://menastartupdigest.com/kuwait-launches-payroll-tracking-system-to-strengthen-anti-money-laundering-efforts/): Kuwait has launched a national system to monitor private-sector wage payments as it increases scrutiny of financial transactions and works to leave the Financial Action Task Force’s grey list. The Kuwait Wage Payment System, unveiled by the Central Bank of Kuwait, will process and track salary transfers for private-sector employees through local banks. The system - [Legato Launches AI Hearing Glasses Starting at $999](https://menastartupdigest.com/legato-launches-ai-hearing-glasses-starting-at-999/): Hearing technology startup Legato has launched its flagship Legato Frames, AI-powered glasses designed for adults with up to moderate hearing loss. The frames are available from $999. The glasses integrate Legato’s patented hearing-assistance technology into the arms of the frames. According to the company, its AI system separates voices from background noise, amplifying speech while - [Doordash Launches Text-To-Order AI Agent Through Apple Messages](https://menastartupdigest.com/doordash-launches-text-to-order-ai-agent-through-apple-messages/): DoorDash has launched a text-to-order AI agent that lets users place food orders through Apple Messages, the company announced Wednesday. Users can send prompts such as “order my usual,” and the agent will interpret the request based on their previous ordering patterns. They can also ask for a specific dish or a local recommendation. The - [Elevenlabs Doubles Valuation to $22B in $300M Employee Tender Offer](https://menastartupdigest.com/elevenlabs-doubles-valuation-to-22b-in-300m-employee-tender-offer/): Voice AI startup ElevenLabs has doubled its valuation to $22 billion through a $300 million tender offer that allows employees to sell part of their vested equity. The transaction was co-led by Wellington and T. Rowe Price, institutional investors that back private companies and typically hold shares until a public listing, according to the announcement. - [Audible Launches AI Features for Interactive Audiobook Experiences](https://menastartupdigest.com/audible-launches-ai-features-for-interactive-audiobook-experiences/): Audible has introduced three technology features designed to make audiobooks more interactive as competition from Spotify intensifies. The Amazon-owned company said the tools will help listeners explore characters, participate in interactive stories and access additional images and information about places mentioned in books. The features are launching in beta with a limited selection of titles. - [Instagram Adds AI Video Assistant to Edits for Creator Insights](https://menastartupdigest.com/instagram-adds-ai-video-assistant-to-edits-for-creator-insights/): Instagram is adding a conversational AI video assistant to Edits, its video editing app, to help creators understand performance and make more informed content decisions. According to the company, the assistant can analyze account metrics including follows, views, retention, likes and shares. It also combines that data with creator comments, Instagram trends and audience interests - [Airbnb Adds AI Search and Social Travel Features to Its App](https://menastartupdigest.com/airbnb-adds-ai-search-and-social-travel-features-to-its-app/): Airbnb is expanding its app with AI-powered property search, new travel services and social features designed to help users discover places and experiences. The company’s latest product update adds services including meal delivery, laundry, baby-gear rental, ski and boat rentals in limited locations, and broader grocery delivery. Its new AI search allows users to find - [OpenAI Expands ChatGPT Into an App Discovery and Distribution Hub](https://menastartupdigest.com/openai-expands-chatgpt-into-an-app-discovery-and-distribution-hub/): OpenAI is expanding ChatGPT beyond a chatbot, positioning it as a place where users and AI agents can discover, launch and use software. At its Dev Day event, the company said ChatGPT will recommend apps during conversations when they could help complete a task. Users will then be able to connect those apps and interact - [OpenAI Launches Dots, an Always-on AI Assistant Powered by GPT-6 Astra](https://menastartupdigest.com/openai-launches-dots-an-always-on-ai-assistant-powered-by-gpt-6-astra/): OpenAI has launched Dots, a personal AI assistant designed to pursue user-defined goals continuously in the background with limited oversight. Announced at the company’s DevDay event, Dots are powered by GPT-6 Astra and are designed to work independently of a specific device or interface. Users can create a primary Dot, give it a name and - [Google to Shut Down Gemini’s Gems and Move Users to Skills](https://menastartupdigest.com/google-to-shut-down-geminis-gems-and-move-users-to-skills/): Google is shutting down Gems, its Gemini feature for creating custom AI assistants, and will automatically migrate users’ creations to a new format called skills. A message in the Gemini app says the change will take effect on November 17, 2026. According to Google, users will not need to take any action, and their Gems - [Anthropic Releases Sonnet 5.5, Claims 30% Faster Performance](https://menastartupdigest.com/anthropic-releases-sonnet-5-5-claims-30-faster-performance/): Anthropic has released Sonnet 5.5, the latest version of its mid-tier AI model, positioning it as a faster and lower-cost assistant for everyday work such as coding and creating office documents. The company said Sonnet 5.5 is 30% faster than Sonnet 5 and uses tokens at a significantly slower rate. Sonnet 5 was introduced about - [OpenAI Makes Codex Cloud Environments Reusable Across Devices](https://menastartupdigest.com/openai-makes-codex-cloud-environments-reusable-across-devices/): OpenAI has introduced new capabilities for Codex, its software engineering agent, including reusable cloud development environments that developers can access from any device. Announced at OpenAI’s DevDay, the update is designed to make Codex more useful beyond a developer’s laptop. Teams can use shared environments with approved settings and permissions, while persistent configurations should help - [OpenAI Launches GPT-6.1 SOL at One-Fifth of GPT-6 Astra’s Token Price](https://menastartupdigest.com/openai-launches-gpt-6-1-sol-at-one-fifth-of-gpt-6-astras-token-price/): OpenAI has launched GPT-6.1 Sol, a new model it says delivers nearly the same performance as GPT-6 Astra for agentic coding, computer use and professional work, while costing one-fifth as much for standard input and output tokens. The model was introduced at OpenAI’s DevDay event, only a week after GPT-6 Sol. OpenAI said GPT-6.1 Sol - [Nvidia Unveils Platform to Contain Rogue AI Agents](https://menastartupdigest.com/nvidia-unveils-platform-to-contain-rogue-ai-agents/): Nvidia has introduced the Nvidia Open Agent Safety Platform, a combination of software and hardware designed to keep AI agents within controlled testing environments, even when they try to bypass security measures. CEO Jensen Huang said in a CNBC interview that the platform would have prevented recent incidents involving AI models from Anthropic, Google, OpenAI - [Shopify Enables Browser-Based AI Agents to Complete Purchases](https://menastartupdigest.com/shopify-enables-browser-based-ai-agents-to-complete-purchases/): Shopify is allowing browser-based AI agents to complete purchases on its merchants’ websites, moving beyond product search and cart building. The company said its WebMCP support now covers checkout, including Shop Pay. With the buyer’s authorization, agents can read and update checkout details, then submit the transaction without relying on screenshots or scraping web pages. - [Women Reach Senior Leadership, But Boardroom Access Remains Uneven](https://menastartupdigest.com/women-reach-senior-leadership-but-boardroom-access-remains-uneven/): Women are advancing into senior leadership roles, but access to board positions remains uneven, according to a report from the International Women’s Board Directors (IWBD) and Wilton & Bain. The report draws on 36 industry committee meetings across nine sectors, involving senior executives, board members and emerging leaders. It identifies limited access to influential networks, - [UAE-Based CE-Ventures Backs Aptadir Therapeutics in $45.4M Seed Round](https://menastartupdigest.com/uae-based-ce-ventures-backs-aptadir-therapeutics-in-45-4m-seed-round/): UAE-based CE-Ventures, the corporate venture capital arm of Crescent Enterprises, has invested in Italian biotech Aptadir Therapeutics as it raises $45.4M in a seed round. The company said it will use the financing to advance RNA-based treatments for genetic disorders, including its lead program for Fragile X Syndrome, and move its preclinical programs toward clinical - [ADREC and Hub71 Sign Two-Year MoU to Connect Startups with Abu Dhabi Real Estate](https://menastartupdigest.com/adrec-and-hub71-sign-two-year-mou-to-connect-startups-with-abu-dhabi-real-estate/): The Abu Dhabi Real Estate Centre (ADREC) and Hub71 have signed a two-year memorandum of understanding to connect technology startups with challenges in Abu Dhabi’s real estate sector. Signed at LIVEX 2026, the agreement creates a framework for startup referrals, solution validation, potential pilot projects and business opportunities. ADREC will identify sector challenges and work - [Qatar-Based Aligator Raises $1.2m Seed Round for AI-Powered PR Platform](https://menastartupdigest.com/qatar-based-aligator-raises-1-2m-seed-round-for-ai-powered-pr-platform/): Qatar-based agentic AI startup Aligator has raised $1.2M in seed funding in a round led by Qatar Development Bank (QDB) and Next Ventures, the Media City Qatar fund. A group of private investors also participated. Founded in 2025 by Ali Abbas, Aligator develops autonomous AI agents for public relations teams. Its platform automates tasks including - [Plug and Play’s Karima El Hakim Highlights Egypt’s Push to Connect Startups with Capital Markets](https://menastartupdigest.com/plug-and-plays-karima-el-hakim-highlights-egypts-push-to-connect-startups-with-capital-markets/): Egypt’s Financial Regulatory Authority and Egyptian Exchange are helping create stronger links between startups and the country’s capital markets, according to Karima El Hakim, regional director and managing partner at Plug and Play. Speaking to Al Mal, El Hakim said an IPO should not be viewed as the inevitable destination for every startup. Instead, high-growth - [Commercial Bank of Dubai Joins CBMT Sandbox to Test Tokenised Deposits](https://menastartupdigest.com/commercial-bank-of-dubai-joins-cbmt-sandbox-to-test-tokenised-deposits/): Commercial Bank of Dubai (CBD) has joined the Commercial Bank Money Token (CBMT) network, becoming the first lender outside Europe to participate, according to the bank. CBD will initially enter the CBMT Sandbox, which opened in Frankfurt in November 2025. The bank will work with participating lenders and technology companies UDPN and GFT to test - [Arab Businesswomen Council Enters 2026-2030 Term with Focus on Economic Empowerment](https://menastartupdigest.com/arab-businesswomen-council-enters-2026-2030-term-with-focus-on-economic-empowerment/): Sheikha Hessa Saad Al Abdullah Al Salem Al Sabah, chair of the Arab Businesswomen Council, said the organisation has grown from an idea into an economic body supporting Arab women’s participation in development. Speaking at the opening of the council’s general assembly meeting for its eighth term, covering 2026-2030, Sheikha Hessa credited the League of - [Egypt’s Climate-Tech Expo Brings Together 42 Startups, Investors and Industry Leaders](https://menastartupdigest.com/egypts-climate-tech-expo-brings-together-42-startups-investors-and-industry-leaders/): Egypt’s Climate-Tech Expo brought together 42 Egyptian climate-tech startups, investors, private-sector companies and government officials from Egypt, Europe, the Middle East and Africa to explore partnerships and financing opportunities. Held in Cairo, the event was organised by the Ministry of Industry in collaboration with the Private Sector Innovation project, implemented by several companies and the - [Orange to Invest €25M in Egypt’s Digital Transformation and Startups](https://menastartupdigest.com/orange-to-invest-e25m-in-egypts-digital-transformation-and-startups/): Orange will invest €25 million to support digital transformation projects, startups and entrepreneurship in Egypt, according to comments by Dr Abdel Wahab Ghoneim, vice president of the Arab Digital Economy Union. Speaking on the Egyptian radio programme Waraa al-Hadath, Ghoneim said a recent meeting between Egypt’s president and Orange Group’s chief executive focused on expanding - [stc Bahrain Names Four Winners of the 13th inspireU Startup Program](https://menastartupdigest.com/stc-bahrain-names-four-winners-of-the-13th-inspireu-startup-program/): stc Bahrain has selected four local startups as winners of the 13th edition of its inspireU program: PROCODE, Ashumy, StackUp and Barada. The startups were chosen after 14 Bahraini companies presented their projects during a competitive evaluation process. Judges assessed the ventures based on innovation, market potential and scalability. The winning startups will receive financial - [Assiut Concludes Second Phase of Amlak Fi Amalek Youth Entrepreneurship Program](https://menastartupdigest.com/assiut-concludes-second-phase-of-amlak-fi-amalek-youth-entrepreneurship-program/): Assiut has completed the second phase of its Amlak Fi Amalek training program, which helps young people build entrepreneurship skills and improve their understanding of financial inclusion. The program delivered a series of workshops across five villages in Al-Fateh district: Bani Zeid, Bani Mur, Basra, Al-Wasta and Arab Al-Matir. The sessions took place from September - [Egypt’s Parliamentary Committee Sets Agenda for Small Business and Startup Support](https://menastartupdigest.com/egypts-parliamentary-committee-sets-agenda-for-small-business-and-startup-support/): Egypt’s House of Representatives Committee for Medium, Small and Micro Enterprises is preparing to review a broad economic and legislative agenda during its second ordinary session, expected to begin in October. The committee’s priorities include simplifying licensing for small businesses, improving access to finance, integrating informal businesses into the formal economy, supporting entrepreneurship and startups, - [Rimal Hospitality Launches 12-Month Emirati Talent Program in the UAE](https://menastartupdigest.com/rimal-hospitality-launches-12-month-emirati-talent-program-in-the-uae/): Rimal Hospitality has launched “Hospitality Pioneers,” a 12-month employment and training program designed to prepare Emirati nationals for careers and entrepreneurship in the UAE’s hospitality and food and beverage sectors. Participants will gain practical experience across operations, culinary, food safety, procurement, finance, human resources, government relations and marketing. The program includes rotations across the company’s - [WISE Opens Applications for 2026–2027 EdTech Accelerator](https://menastartupdigest.com/wise-opens-applications-for-2026-2027-edtech-accelerator/): WISE, an initiative of the Qatar Foundation, has opened applications for the 2026–2027 edition of its EdTech Accelerator, targeting for-profit startups in Qatar and around the world. Applications close on October 31, with the new cohort scheduled to begin in January 2027. The program is aimed at seed-stage startups and companies approaching a Series A - [Jordanian Women Build Ventures Supporting Economic Inclusion for People with Disabilities](https://menastartupdigest.com/jordanian-women-build-ventures-supporting-economic-inclusion-for-people-with-disabilities/): Jordanian women are turning community needs and personal aspirations into businesses that create income while expanding economic participation for people with disabilities and their families. One example is Maryam Freihat, who transformed her interest in preserving her family heritage into “My Grandfather’s House,” a tourism project in the Al-Jazaza area of Jerash. The business offers - [Oman’s Entrepreneurship Center in Al Dakhiliyah Showcases Startup Projects at Bahla Event](https://menastartupdigest.com/omans-entrepreneurship-center-in-al-dakhiliyah-showcases-startup-projects-at-bahla-event/): The Entrepreneurship Center in Oman’s Al Dakhiliyah Governorate held an open day at the historic Jabrin Fort in Bahla, showcasing innovative projects and experiences from entrepreneurs incubated by the center. The event, organised under the SME Development Authority, Riyada, brought together entrepreneurs, business owners and representatives from the authority. Participants presented their companies, products and - [SDAIA Tests More Than 150 Candidates for Saudi AI Professional Badges](https://menastartupdigest.com/sdaia-tests-more-than-150-candidates-for-saudi-ai-professional-badges/): Saudi Arabia’s Data and Artificial Intelligence Authority (SDAIA) has tested more than 150 candidates for its AI Professional Badges, drawing applicants from government and private-sector organisations, universities, research centres and technology companies. Launched in early 2026, the programme certifies two tracks, AI Engineer and Data Scientist, across three proficiency levels: Assistant, Associate and Expert. Candidates - [Africa Tech 50 Brings 9 Egyptian Startups to the Egyptian Exchange](https://menastartupdigest.com/africa-tech-50-brings-9-egyptian-startups-to-the-egyptian-exchange/): The Africa Tech 50 index reached the Egyptian Exchange, bringing together startup founders, investors, regulators and financial market stakeholders to discuss capital pathways for African technology companies at more advanced stages of growth. The Cairo event, held on September 22, followed the index’s launch on the London Stock Exchange in January 2026 and its first - [Sharjah’s Sheraa Highlights AED 5.1M Fund Supporting 74 Startups](https://menastartupdigest.com/sharjahs-sheraa-highlights-aed-5-1m-fund-supporting-74-startups/): Sharjah Entrepreneurship Center (Sheraa) has highlighted the impact of its Stability Fund, which provided AED 5.1 million in financial and non-financial support to 74 startups and small and medium-sized businesses across the UAE. The fund received 352 applications from entrepreneurs in all seven emirates and more than 20 sectors. According to Sheraa, support began within - [UAE Plans Government-Wide Rollout of Microsoft and Core42 AI Cybersecurity Tool](https://menastartupdigest.com/uae-plans-government-wide-rollout-of-microsoft-and-core42-ai-cybersecurity-tool/): The UAE Cyber Security Council, Microsoft and Core42 plan to deploy MDASH, Microsoft’s AI-powered cybersecurity capability, across UAE government entities. MDASH uses AI models and automated analysis to identify software vulnerabilities, prioritise risks and strengthen security at scale. The Cyber Security Council will oversee responsible adoption through the UAE’s National AI Test and Validation Lab, - [Oracle’s Cloud Backlog Reaches $664B as AI Infrastructure Revenue Surges](https://menastartupdigest.com/oracles-cloud-backlog-reaches-664b-as-ai-infrastructure-revenue-surges/): Oracle’s remaining performance obligations reached $664 billion at the end of the first quarter of fiscal 2027, as demand for artificial intelligence infrastructure drives a sharp acceleration in its cloud business. The figure rose by $209 billion year over year. Oracle also signed more than $30 billion in new AI cloud contracts during the quarter, - [FII Institute Selects Five Startups for Innovators Pitch in Riyadh](https://menastartupdigest.com/fii-institute-selects-five-startups-for-innovators-pitch-in-riyadh/): The Future Investment Initiative (FII) Institute has selected five startups from 1,321 applications across 90 countries for its third FII Innovators Pitch. The startups, from Argentina, India, Poland and the United States, will present their technologies to global investors on October 29 during FII10 Investment Day in Riyadh. The selected companies are APOLO Biotech, which - [Palestine Launches PIEC Scaleup’s Second Phase to Support 202 Startups](https://menastartupdigest.com/palestine-launches-piec-scaleups-second-phase-to-support-202-startups/): Palestine has launched the second phase of the Palestinian Innovation and Entrepreneurship Catalyst Program, PIEC Scaleup, aiming to support 202 companies through an eight-stage pathway from idea validation to regional expansion. Launched in Ramallah under the theme “From Idea to Regional Expansion,” the program is designed to help startups move beyond product development into market - [Google Tests AI Chips in Space as SpaceX Pursues Orbital Data Centers](https://menastartupdigest.com/google-tests-ai-chips-in-space-as-spacex-pursues-orbital-data-centers/): Google is preparing to test its artificial intelligence chips in orbit through Project Suncatcher, while SpaceX is pursuing a broader plan to build computing infrastructure in space. Google’s first mission will carry its Tensor Processing Units (TPUs) aboard a SpaceX rocket as part of the Transporter-18 rideshare, with a target launch date of October 1, - [OpenAI Launches Dots AI Agents for Enterprise Work Across 4,000 Apps](https://menastartupdigest.com/openai-launches-dots-ai-agents-for-enterprise-work-across-4000-apps/): OpenAI has launched Dots, a new class of AI agents designed to work continuously in the background and complete tasks across more than 4,000 applications. Unveiled at the company’s DevDay 2026 conference, Dots can connect with tools including ChatGPT, Slack and Microsoft Teams. According to OpenAI, each agent has its own cloud computer and browser, - [Pinnacle Capital Increases Stake in Saudi Hospitality Startup Gathern](https://menastartupdigest.com/pinnacle-capital-increases-stake-in-saudi-hospitality-startup-gathern/): Saudi investment firm Pinnacle Capital has made an additional investment in alternative accommodation platform Gathern, increasing its ownership in the Saudi startup. The value of the transaction and Pinnacle’s resulting stake were not disclosed. The investment was made through Pinnacle Growth & Secondary Fund as part of the firm’s strategy of pursuing secondary opportunities in - [Morocco and Mistral Release Open-Source AI Tools For Darija](https://menastartupdigest.com/morocco-and-mistral-release-open-source-ai-tools-for-darija/): Morocco’s Ministry of Digital Transition and Administrative Reform (MTNRA) and French AI company Mistral have released the first two open-source tools developed under their partnership, focused on understanding Moroccan Darija. The release includes a language identification classifier that distinguishes between Arabic dialects, as well as an automatic speech recognition model built on Mistral’s Voxtral technology. - [EmpoweerNEET Trains 50 Palestinian Youth in Jobs and Entrepreneurship Skills](https://menastartupdigest.com/empoweerneet-trains-50-palestinian-youth-in-jobs-and-entrepreneurship-skills/): An EmpoweerNEET training program has equipped 50 Palestinian young people with professional and entrepreneurship skills to support their transition into employment and business creation. Led by An-Najah National University and funded by the European Union through the Interreg NEXT MED program, EmpoweerNEET supports young people not in education, employment or training, known as NEETs. The - [Shark Tank Egypt to Return for Fifth Season on CBC on October 7](https://menastartupdigest.com/shark-tank-egypt-to-return-for-fifth-season-on-cbc-on-october-7/): Egypt’s Shark Tank Egypt will return for its fifth season on CBC on Wednesday, October 7, at 9pm, according to the announcement. The new season will feature five investors: Ayman Abbas, Dina Ghabbour, Mohamed Farouk, Abdullah Salam and Ahmed Tarek. The show will also include guest “sharks” from different fields. Across its first four seasons, - [Bahrain’s Bayt Al Usra and Tamkeen Renew Microfinance Partnership](https://menastartupdigest.com/bahrains-bayt-al-usra-and-tamkeen-renew-microfinance-partnership/): Bayt Al Usra Microfinance House and Bahrain’s Labour Fund, Tamkeen, have renewed their cooperation agreement to expand financing support for small, micro and home-based businesses. The partnership, which began in 2011, has supported more than 6,500 micro-enterprises through several financing categories, according to the announcement. The renewed agreement is intended to help businesses strengthen operations, - [NextGEN Entrepreneurship Conference Highlights Startup Opportunities in Saida, Lebanon](https://menastartupdigest.com/nextgen-entrepreneurship-conference-highlights-startup-opportunities-in-saida-lebanon/): The Chamber of Commerce, Industry and Agriculture in Saida and South Lebanon hosted the NextGEN Entrepreneurship Conference, organised by the Development for People and Environment Association (DPNA) and held under the patronage of Economy and Trade Minister Amer Bisat. The conference brought together entrepreneurs, changemakers, business representatives and أصحاب المبادرات to discuss innovation, startup support - [An-Najah University Students Develop Interactive Smart Table](https://menastartupdigest.com/an-najah-university-students-develop-interactive-smart-table/): Two students from the Computer Engineering Faculty at An-Najah National University have developed an interactive smart table designed to consolidate event essentials in a single, space-saving unit. The table includes drawers, a locker, a mini fridge, a wastebasket, and a microphone that interacts with users when needed. It also features a camera that responds to - [Egypt’s Entrepreneur Awards Launches Arab Entrepreneur of the Year Category](https://menastartupdigest.com/egypts-entrepreneur-awards-launches-arab-entrepreneur-of-the-year-category/): Egypt’s Entrepreneur Awards (EEA) is opening its sixth edition to entrepreneurs across the Arab world with the launch of the Arab Entrepreneur of the Year Award. The new category is open to companies in all sectors, provided at least one founder is Arab and the business is commercially registered in an Arab country. Applicants must - [Flat6Labs and Flow Launch PIEC Scaleup for Palestinian Startups](https://menastartupdigest.com/flat6labs-and-flow-launch-piec-scaleup-for-palestinian-startups/): PIEC Scaleup, the second phase of the Palestinian Innovation and Entrepreneurship Catalyst, has launched in Ramallah to create a connected support pathway for Palestinian startups. The program will support companies across an eight-stage journey, from idea generation and venture building to product development, market entry, investment readiness, growth and regional expansion. It aims to support - [Saudi Studio Developing Real Estate Simulation Game Based on Local Market](https://menastartupdigest.com/saudi-studio-developing-real-estate-simulation-game-based-on-local-market/): The game development studio of One Investment Group is preparing to launch a real estate simulation game modeled on Saudi Arabia’s property market. The game will allow players to own virtual plots of land, apartments and villas, then rent or sell those assets based on market activity within the platform. According to the company, each - [PIF-Backed Scopely Takes Strategic Stake in Chinese Game Studio Bokura](https://menastartupdigest.com/pif-backed-scopely-takes-strategic-stake-in-chinese-game-studio-bokura/): Scopely, the US gaming company owned by Saudi Arabia’s Public Investment Fund-backed Savvy Games Group, has acquired a strategic stake in Chinese multiplayer game studio Bokura. The transaction was completed through Scopely’s Asian arm in Singapore on September 23. Financial terms were not disclosed, and neither company has issued an official announcement, according to the - [Saudi Capital Market Authority Approves New Audit and Disclosure Rules](https://menastartupdigest.com/saudi-capital-market-authority-approves-new-audit-and-disclosure-rules/): Saudi Arabia’s Capital Market Authority has approved amendments governing the registration of auditors serving entities under its supervision, with the changes set to take effect once officially published. According to the announcement, the reforms aim to align the regulatory framework with international best practices, improve audit and financial disclosure quality, and strengthen investor confidence in - [Visa Study: 95% of Saudi SMEs See Value in Integrated Payment and Business Tools](https://menastartupdigest.com/visa-study-95-of-saudi-smes-see-value-in-integrated-payment-and-business-tools/): A Visa study found that 95% of small and medium-sized enterprises (SMEs) in Saudi Arabia see value in using a single solution that combines payments with business management, although only 45% currently use an integrated platform. The findings, published in Visa’s “Payments and Collections 2026” report, highlight a gap between demand for connected tools and - [Dubai Chambers Launches Board Directorship Program for 27 Family Business Leaders](https://menastartupdigest.com/dubai-chambers-launches-board-directorship-program-for-27-family-business-leaders/): The Dubai Centre for Family Businesses has launched a board directorship program for 27 current and aspiring family business leaders in partnership with the GCC Board Directors Institute (GCC BDI). The World of Directorship – Certificate in Board Directorship will cover four interactive modules followed by an assessment. The curriculum includes corporate governance, directors’ roles - [UAE e-Commerce Market Reaches $11.5B, Set to Hit $18.3B by 2030](https://menastartupdigest.com/uae-e-commerce-market-reaches-11-5b-set-to-hit-18-3b-by-2030/): The UAE’s e-commerce market reached $11.5 billion in 2025, more than double its 2020 value of $4.8 billion, according to a report by EZDubai Logistics Hub and Euromonitor International. The market grew at a 19% compound annual growth rate, supported by changing consumer habits, wider digital payment adoption and improved logistics. Growth is expected to - [Abhi and NymCard Partner to Scale SME Credit in the UAE](https://menastartupdigest.com/abhi-and-nymcard-partner-to-scale-sme-credit-in-the-uae/): Abhi and NymCard have partnered to help UAE banks and licensed financial institutions offer credit to small and medium-sized enterprises more efficiently. The companies will combine Abhi’s business financial solutions with NymCard’s card and payments infrastructure to support key stages of the SME credit journey. These include digital onboarding, loan origination, decisioning and disbursement. According - [Sharjah Investment Forum Names Alef Group Exclusive Investors’ Lounge Partner](https://menastartupdigest.com/sharjah-investment-forum-names-alef-group-exclusive-investors-lounge-partner/): Sharjah Investment Forum (SIF) has named Sharjah-based real estate developer Alef Group as the exclusive sponsor and partner of its Investors’ Lounge, as the emirate seeks to deepen private-sector participation and connect investors with new business opportunities. Organised by Invest in Sharjah in collaboration with the Ministry of Investment, SIF 2026 will take place on - [Saudi Arabia Launches National Framework for AI Risk Management](https://menastartupdigest.com/saudi-arabia-launches-national-framework-for-ai-risk-management/): Saudi Arabia has introduced a national framework to help government agencies and businesses identify, assess and manage risks linked to artificial intelligence adoption. Developed by the Saudi Data and AI Authority (SDAIA), the National AI Risk Management Framework sets a unified process for identifying, treating and monitoring AI-related risks, according to the Saudi Press Agency. - [Egypt’s Bank Financing for Small Enterprises Reaches $5.8B](https://menastartupdigest.com/egypts-bank-financing-for-small-enterprises-reaches-5-8b/): Bank financing for small enterprises in Egypt has reached around $5.8 billion, while total bank and non-bank financing for microenterprises exceeded $2.1 billion, according to Tarek El-Kholy, deputy governor of the Central Bank of Egypt. Speaking at the CERISE+SPTF Global Meeting 2026, El-Kholy said Egypt has approximately 3.858 million micro, small and medium-sized enterprises (MSMEs). - [Together AI to Establish Abu Dhabi Presence Through Mubadala Partnership](https://menastartupdigest.com/together-ai-to-establish-abu-dhabi-presence-through-mubadala-partnership/): Abu Dhabi sovereign investor Mubadala Investment Company has entered a strategic partnership with San Francisco-based AI compute platform Together AI, which will establish a local presence in the emirate. The companies will explore opportunities spanning AI infrastructure and the UAE’s technology ecosystem. The announcement follows Mubadala’s $100 million investment in Together AI’s $800 million Series - [UAE Firms Lead Global AI Agent Deployment, But Struggle With Containment](https://menastartupdigest.com/uae-firms-lead-global-ai-agent-deployment-but-struggle-with-containment/): UAE companies are deploying AI agents at a faster pace than organisations in any other market surveyed, but many lack the systems needed to contain problematic agents quickly, according to Dataiku’s Global AI Confessions Report: CIO Edition 2026. The report, based on Harris Poll research among 685 CIOs across eight countries, found that 62% of - [Amazon Egypt Renews Shark Tank Partnership, Doubles Golden Tickets](https://menastartupdigest.com/amazon-egypt-renews-shark-tank-partnership-doubles-golden-tickets/): Amazon Egypt has renewed its partnership with Shark Tank Egypt for a third consecutive year, introducing a dedicated storefront for participating brands and doubling the number of “golden tickets” to two. The initiative gives small and medium-sized businesses access to Amazon’s e-commerce infrastructure, including AI-powered tools for creating product listings, inventory insights, advertising solutions and - [Sharjah’s Ruwad Funded 63 Women-Led Projects With Over AED 11.5M](https://menastartupdigest.com/sharjahs-ruwad-funded-63-women-led-projects-with-over-aed-11-5m/): Sharjah’s Ruwwad Foundation, affiliated with the Sharjah Economic Development Department, has funded 63 women-led projects with a combined value exceeding AED 11.5 million since 2005, according to the foundation’s latest figures through the first half of 2026. The foundation said 902 active businesses owned by women are currently members of its network, while more than - [Egypt’s Culture Palaces Launch Fourth Basma Women’s Empowerment Caravan in Assiut](https://menastartupdigest.com/egypts-culture-palaces-launch-fourth-basma-womens-empowerment-caravan-in-assiut/): Egypt’s General Authority for Culture Palaces has launched the fourth cultural caravan for women under the “Basma” initiative at the Assiut Culture Palace. Held on September 27, the “Culture and Creativity” caravan focuses on women’s empowerment, entrepreneurship and practical skills. The program is organised by the General Administration of Women’s Culture in cooperation with the - [Alexandria Businessmen Association Discusses Family Business Governance and Global Expansion](https://menastartupdigest.com/alexandria-businessmen-association-discusses-family-business-governance-and-global-expansion/): The Alexandria Businessmen Association held the second session in its “Leaders and Entrepreneurs” series, focusing on how family businesses can strengthen governance, sustain growth and expand into international markets. The session hosted Mohamed Zain, a management and entrepreneurship expert in Egypt and Saudi Arabia. Discussions covered global competition, export strategies, business continuity and the challenges - [Bahrain’s Capital Governor Attends Closing of iSHAPE Youth Entrepreneurship Program](https://menastartupdigest.com/bahrains-capital-governor-attends-closing-of-ishape-youth-entrepreneurship-program/): Sheikh Khalid bin Hamoud Al Khalifa, Governor of Bahrain’s Capital Governorate, attended the closing ceremony of the iSHAPE program, held as part of Manama’s 2026 designation as Arab Capital of Young Entrepreneurs. The program was organised by Al Budaiya Center, Bahrain’s representative in the Global Shapers community, the World Economic Forum’s youth initiative. The closing - [Egypt’s Sharqia Holds Entrepreneurship Training for 500 Women in Hayah Karima Villages](https://menastartupdigest.com/egypts-sharqia-holds-entrepreneurship-training-for-500-women-in-hayah-karima-villages/): The National Council for Women’s Sharqia branch held 20 entrepreneurship training courses for 500 women and girls in villages covered by Egypt’s Hayah Karima initiative in Belbeis and Faqous. The program ran from September 19 to 24, 2026, and focused on building the skills needed to launch and manage small and micro businesses. Participants came - [Kuwait Updates Tender Law to Give Local Smes a 10% Share of Foreign-Awarded Projects](https://menastartupdigest.com/kuwait-updates-tender-law-to-give-local-smes-a-10-share-of-foreign-awarded-projects/): Kuwait has updated its public tenders law, requiring foreign contractors that win government projects to subcontract at least 30% of the work to local contractors. At least 10% of that share must go to small contractors, according to the legislation published in the official gazette and Kuwaiti media on Sunday. The measure builds on an - [Oman’s Riyada Trains 30 Academics and Administrators in Entrepreneurship Readiness](https://menastartupdigest.com/omans-riyada-trains-30-academics-and-administrators-in-entrepreneurship-readiness/): Oman’s Authority for Small and Medium Enterprises Development, known as Riyada, has launched a five-day “Entrepreneur Readiness” training program in Musandam for 30 academics and administrators. Held at Riyada’s facility in the governorate, the program aims to strengthen participants’ entrepreneurial knowledge and skills so they can promote entrepreneurship within their workplaces, including academic and government - [ITIDA Preparing Dedicated Strategy for Egypt’s Data Center Sector](https://menastartupdigest.com/itida-preparing-dedicated-strategy-for-egypts-data-center-sector/): Egypt’s Information Technology Industry Development Agency (ITIDA) is preparing a dedicated strategy for data centers as the government works to establish an integrated regulatory framework for the sector, ITIDA CEO Ahmed El-Zaher said at Techne Summit Cairo 2026. The framework will cover licensing and regulatory requirements, in coordination with the National Telecom Regulatory Authority and - [Fewer Than 10 VC Funds Are Actively Financing Egyptian Startups, Says Ayman Ismail](https://menastartupdigest.com/fewer-than-10-vc-funds-are-actively-financing-egyptian-startups-says-ayman-ismail/): Fewer than 10 venture capital funds are currently active in financing startups in Egypt, according to Ayman Ismail, vice president for innovation and entrepreneurship at the American University in Cairo. Speaking during a Techne summit panel on startup growth, capital and survival, Ismail said Egypt’s startup ecosystem has become more mature over the past decade. - [Oman’s Space Sector Sees Private Investment Nearly Quadruple to OMR74M](https://menastartupdigest.com/omans-space-sector-sees-private-investment-nearly-quadruple-to-omr74m/): Private investment in Oman’s space sector rose from OMR20 million ($52 million) in 2023 to OMR74 million in 2025, nearly quadrupling since the launch of the country’s national space policy, according to the Oman News Agency. Oman is developing a commercial space industry as part of its economic diversification strategy. About 65 percent of projects - [EBRD Egypt Executive Calls for Digital Infrastructure and Flexible Rules to Support Startups](https://menastartupdigest.com/ebrd-egypt-executive-calls-for-digital-infrastructure-and-flexible-rules-to-support-startups/): Egypt’s startup market needs faster internet, more flexible regulations and clearer exit routes if local companies are to scale regionally and internationally, according to Reem El Saady, managing director and deputy head of the European Bank for Reconstruction and Development’s Egypt office for government relations. Speaking at Techne Summit Cairo 2026, El Saady said discussions - [Mubadala Unit Invests in Nscale’s $3.4B AI Infrastructure Round](https://menastartupdigest.com/mubadala-unit-invests-in-nscales-3-4b-ai-infrastructure-round/): Abu Dhabi Investment Council (Adic), wholly owned by Mubadala Investment Company, has invested in Nscale’s $3.4 billion fundraising round as the London-based AI data centre operator prepares for global expansion. Nscale raised the capital through convertible loan notes in a round led by US hedge fund Third Point. The company will receive $2.4 billion at - [Saudi Arabia Proposes 50% Margin Requirement for Overseas Investments](https://menastartupdigest.com/saudi-arabia-proposes-50-margin-requirement-for-overseas-investments/): Saudi Arabia is proposing tighter rules for investors using borrowed money to trade in overseas financial markets, as regulators seek to strengthen safeguards around foreign investments. Under the Capital Market Authority’s proposed framework, investors using Saudi-regulated financial institutions to buy foreign securities on margin would need to fund at least 50% of the transaction themselves. - [Beni Suef University Commerce Faculty Expands Digital and Career-Focused Programs](https://menastartupdigest.com/beni-suef-university-commerce-faculty-expands-digital-and-career-focused-programs/): The Faculty of Commerce at Beni Suef University is expanding its academic, research and professional programs to better prepare students for Egypt’s changing job market and digital economy, according to a report by Rosa El Youssef. The faculty has introduced programs including international accounting and finance, alongside English-language study tracks. It has also increased its - [Egypt Allocates $1.5B to Support Production, Exports and Entrepreneurship](https://menastartupdigest.com/egypt-allocates-1-5b-to-support-production-exports-and-entrepreneurship/): Egypt has allocated EGP 80 billion, equivalent to $1.5 billion, in its current budget to support production, exports and entrepreneurship, Finance Minister Ahmed Kouchouk said. Speaking at the Techne Summit for entrepreneurship and technology, Kouchouk said engagement with startups and entrepreneurs helps the ministry design more efficient policies suited to Egypt’s economic needs. The ministry’s - [Sharqia Launches Yalla Neshteghal Workshop for Aspiring Entrepreneurs](https://menastartupdigest.com/sharqia-launches-yalla-neshteghal-workshop-for-aspiring-entrepreneurs/): Sharqia Governorate’s Population Unit has invited young men and women to attend a free workshop focused on economic empowerment, entrepreneurship and financial inclusion. The “Yalla Neshteghal” workshop will take place on Tuesday, September 29, 2026, at the Abu Hammad City Council hall from 11 a.m. to noon. It is open to participants aged 18 to - [Algebra Ventures Plans Third Fund as Egypt’s AI Startups Target Global Markets](https://menastartupdigest.com/algebra-ventures-plans-third-fund-as-egypts-ai-startups-target-global-markets/): Algebra Ventures is preparing to launch its third fund as the Egyptian venture capital firm looks to increase investments in Egypt and expand across other African markets, managing partner Laila Hassan said. The firm’s first and second funds have a combined value of $154M. Its $54M first fund, launched in 2016, backed 22 early-stage Egyptian - [Jordanian Venture Fund Mobilises $109M and Supports 180 Startups](https://menastartupdigest.com/jordanian-venture-fund-mobilises-109m-and-supports-180-startups/): The Jordanian Venture Fund mobilised around $109 million in private capital during its first phase, exceeding its $71.5 million target, while 180 startups benefited from its direct and indirect financing, according to an independent review of the project. The review rated the project’s overall performance as highly satisfactory, with the fund exceeding nearly all key - [ITIDA and JICA Open Applications for Egyptian Startups to Solve 7 Japanese Business Challenges](https://menastartupdigest.com/itida-and-jica-open-applications-for-egyptian-startups-to-solve-7-japanese-business-challenges/): Egypt’s Information Technology Industry Development Agency (ITIDA) and the Japan International Cooperation Agency (JICA) have opened applications for Egyptian ICT startups to join the ITIDA Innovation Bridge: Egypt × Japan program. The initiative connects Egyptian startups with Japanese companies to develop and test proof-of-concept solutions for real business needs. Applications are open to startups working - [Jordanian Entrepreneurship Fund Says Regional Investors Offer More Than Startup Funding](https://menastartupdigest.com/jordanian-entrepreneurship-fund-says-regional-investors-offer-more-than-startup-funding/): The Jordanian Entrepreneurship Fund has called for greater focus on attracting regional and global investors that can provide startups with market access, expertise and strategic support, not just capital. The fund’s CEO, Mohammed Al-Muhtaseb, made the comments during an entrepreneurship event in Amman hosted by Saudi venture capital firm Vision Ventures. Held under the theme - [RTA and DIEZ Launch Dubai Mobility Labs for Autonomous Transport Testing](https://menastartupdigest.com/rta-and-diez-launch-dubai-mobility-labs-for-autonomous-transport-testing/): Dubai’s Roads and Transport Authority (RTA) and the Dubai Integrated Economic Zones Authority (DIEZ) have launched Dubai Mobility Labs at Dubai Silicon Oasis to test and certify autonomous and future mobility technologies. The facility includes 248 testing scenarios across controlled environments and public roads extending to Al Qudra. It also features operational facilities and electric-vehicle - [Invest Qatar Partners with Brain Co to Expand AI Adoption in Qatar](https://menastartupdigest.com/invest-qatar-partners-with-brain-co-to-expand-ai-adoption-in-qatar/): Invest Qatar has partnered with San Francisco-based applied AI company Brain Co to accelerate AI adoption across Qatar’s public and private sectors. The partnership will identify and support AI pilots aligned with Qatar’s Third National Development Strategy and National AI Strategy. Priority areas include healthcare, energy, financial services and regulatory services, with a focus on - [RIA Launches Midad Digital Centre to Advance AI and 5G Skills in Oman](https://menastartupdigest.com/ria-launches-midad-digital-centre-to-advance-ai-and-5g-skills-in-oman/): Oman’s Research and Innovation Authority (RIA) is launching the Midad Digital Centre at Innovation Park Muscat to build advanced digital skills and support technology innovation. The centre will focus on knowledge transfer, capacity building and emerging technologies including 5G networks, advanced communications, the Internet of Things and artificial intelligence. Managed by the Ibn Firnas Academy - [Orange Pledges AI and Cybersecurity Training for 200,000 Egyptians](https://menastartupdigest.com/orange-pledges-ai-and-cybersecurity-training-for-200000-egyptians/): French telecoms group Orange will provide training grants to around 200,000 Egyptians in artificial intelligence and cybersecurity, while committing €25 million to support Egyptian startups working in AI and advanced technologies. The pledge followed a meeting between Orange Group CEO Christel Heydemann and Egyptian President Abdel Fattah El-Sisi. According to the announcement, the training will - [Abu Dhabi Launches AI Platform for Judicial Decision-Making](https://menastartupdigest.com/abu-dhabi-launches-ai-platform-for-judicial-decision-making/): The Abu Dhabi Judicial Department (ADJD) has launched the first phase of its Judicial AI Platform, developed with the Department of Government Enablement (DGE), Abu Dhabi’s government transformation body. According to the announcement, the platform is the first integrated system of its kind globally to support judicial and legal decision-making with AI under full human - [Saudi Arabia Moves Data From 213 Government Entities to Deem Cloud](https://menastartupdigest.com/saudi-arabia-moves-data-from-213-government-entities-to-deem-cloud/): Saudi Arabia’s Data and Artificial Intelligence Authority has completed the transfer of databases from 213 government entities to Deem Cloud, the country’s central government cloud platform, according to the announcement. Launched in 2018, Deem Cloud provides a unified environment for hosting and managing government data. The platform is designed to consolidate infrastructure from hundreds of - [L’Oréal Paris Lebanon Names Six Women of Worth Honourees for 2026](https://menastartupdigest.com/loreal-paris-lebanon-names-six-women-of-worth-honourees-for-2026/): L’Oréal Paris Lebanon has named six women as its 2026 Women of Worth honourees, marking the fourth Lebanese edition of the initiative. The honourees are Rima Bikhazi Azar, Gemy Maalouf, Rouba Khalil, Tiffany Saade, Dr. Zeina Zeidan and Zeina Daccache. They were recognised for their work across medicine, fashion, culinary arts, technology, leadership and social - [Falak Ventures Launches 3X Flagship Accelerator for Eight Saudi AI Startups](https://menastartupdigest.com/falak-ventures-launches-3x-flagship-accelerator-for-eight-saudi-ai-startups/): Falak Ventures has launched the latest edition of its 3X Flagship accelerator with support from Saudi Arabia’s National Technology Development Program (NTDP), selecting eight startups focused on artificial intelligence. Announced in Riyadh on September 20, 2026, the program has been redesigned as an investment-backed accelerator for core AI companies, where artificial intelligence is central to - [Riyadh to Host Kingdom of Gaming, Bringing Investors and Game Developers Together](https://menastartupdigest.com/riyadh-to-host-kingdom-of-gaming-bringing-investors-and-game-developers-together/): Riyadh is set to host the inaugural Kingdom of Gaming event from December 1 to 3, 2026, bringing together game developers, publishers, investors, technology companies, talent and esports organisations. The event will take place at the Riyadh Exhibition and Convention Center in Malham. Organisers expect more than 20,000 visitors, including 500 studios and developers, 300 - [Replit Acquires Atta to Add AI Business Analysis to Its Platform](https://menastartupdigest.com/replit-acquires-atta-to-add-ai-business-analysis-to-its-platform/): Replit has acquired Atta, an AI-powered business analysis workspace, in a move to bring data analysis and visualization into the same platform users use to build applications. Announced on September 25, the deal also brings Atta co-founders Omar Shaik and Amine Ben Khalifa to Replit. The first integration is available through Replit chat, where users - [Shorooq and Presight Back Maven Robotics in $100M Series A](https://menastartupdigest.com/shorooq-and-presight-back-maven-robotics-in-100m-series-a/): UAE investors Shorooq and Presight have participated in a $100M Series A for California-based Maven Robotics, backing the company’s expansion of autonomous robots for logistics and manufacturing. The investment was made through the Presight Shorooq AI and Bedaya Funds, managed by Shorooq. RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures also joined the round. Founded in - [Ziina CEO Outlines Mena’s Open Finance Opportunity in the AI Era](https://menastartupdigest.com/ziina-ceo-outlines-menas-open-finance-opportunity-in-the-ai-era/): Financial fragmentation is limiting how businesses and consumers manage money across the Middle East and North Africa, while Open Finance and artificial intelligence could help create more connected financial services, according to Faisal Toukan, co-founder and CEO of Ziina. In an opinion article, Toukan said businesses often receive payments, manage funds, issue invoices and handle - [UAE-Based Amaani Raises $5M Series A to Expand AÏZA Across the GCC](https://menastartupdigest.com/uae-based-amaani-raises-5m-series-a-to-expand-aiza-across-the-gcc/): UAE-based consumer company Amaani has raised $5 million in Series A funding to expand its Middle Eastern beauty brand AÏZA across the GCC. BECO Capital led the round, with participation from Homegrown Ventures and Peak XV’s Surge, taking Amaani’s total funding to $8 million. Founded in 2023 by Shubham Poddar, Amaani launched AÏZA in December - [Saudi Fintech Erad Raises $22M Series A Led by MEVP](https://menastartupdigest.com/saudi-fintech-erad-raises-22m-series-a-led-by-mevp/): Saudi Arabia-based fintech erad has raised $22 million in Series A funding led by Middle East Venture Partners (MEVP), as it expands its Shariah-compliant financing services for small and medium-sized businesses across the GCC. The round included new investors 500 Global, Saudi Venture Capital (SVC), S60 Ventures, ANB Capital, Conjunction Capital and Araya Ventures. Existing - [Jordan’s Connect and Innovate Program Concludes in Aqaba with 20 Participants](https://menastartupdigest.com/jordans-connect-and-innovate-program-concludes-in-aqaba-with-20-participants/): The “Connect and Innovate” entrepreneurship program has concluded in Aqaba, helping 20 young people develop business ideas and access 23 incubation opportunities. Implemented by Wasel for Awareness and Education in partnership with the Aqaba Special Economic Zone Authority, the program was supported by Bank al Etihad and the Aqaba branch of the Jordan Engineers Association. - [Three Egyptian Graduates Launch Fin-Game Financial Literacy Startup](https://menastartupdigest.com/three-egyptian-graduates-launch-fin-game-financial-literacy-startup/): Three Egyptian graduates have launched Fin-Game, an interactive digital program designed to help young people learn the basics of saving, money management, financial planning and investing. The project was developed by Habiba Ahmed, Maryam Emad and Samihah Ahmed, graduates of the Faculty of Economics at May University. It uses game-based simulations rather than traditional academic - [Tunisia Signs Cooperation Agreement to Support Training, Jobs and Entrepreneurship](https://menastartupdigest.com/tunisia-signs-cooperation-agreement-to-support-training-jobs-and-entrepreneurship/): Tunisia has signed a cooperation agreement aimed at strengthening vocational training, employability and entrepreneurship under a project carried out with the Principality of Monaco. The agreement brings together the Tunisian Agency for Vocational Training, the National Employment and Independent Work Agency, and the Tunisian Association for Management and Social Balance. According to the Ministry of - [GrowthLabs and Amenli Launch Digital Insurance Solution for Startups](https://menastartupdigest.com/growthlabs-and-amenli-launch-digital-insurance-solution-for-startups/): GrowthLabs has partnered with Amenli to launch a digital insurance service designed for startups in Egypt and the wider region. The partnership allows founders and startup teams to explore, compare and purchase insurance coverage through the GrowthLabs platform. Amenli, a licensed digital insurance broker in Egypt, will serve as the exclusive insurance partner for the - [MBRIF and Dubai Future District Fund Expand Support for UAE Startups](https://menastartupdigest.com/mbrif-and-dubai-future-district-fund-expand-support-for-uae-startups/): The Mohammed Bin Rashid Innovation Fund (MBRIF) has signed a memorandum of understanding with the Dubai Future District Fund (DFDF) to improve growth opportunities for high-potential startups in the UAE. The partnership introduces a two-way referral system. MBRIF members may be screened for introductions to DFDF’s fund manager network, giving them a potential route to - [Lebanon’s Superpowders Expands to Saudi Arabia and Jordan After Reaching 1,000 Stores](https://menastartupdigest.com/lebanons-superpowders-expands-to-saudi-arabia-and-jordan-after-reaching-1000-stores/): Beirut-based wellness startup Superpowders is preparing to enter Saudi Arabia and Jordan after building a retail footprint of more than 1,000 locations across Lebanon. Founded in 2023 by Youssef Taher and Andy Kazanjian, the company started with 500 bags of mushroom coffee. Each founder invested $6,000, according to the company. Superpowders has since sold more - [Tunisia’s State Startup Fund Takes Regional Roadshow Beyond Tunis](https://menastartupdigest.com/tunisias-state-startup-fund-takes-regional-roadshow-beyond-tunis/): Tunisia’s state-backed startup financing system is taking its regional roadshow beyond the capital and coastal hubs, as policymakers seek to address the country’s uneven access to funding. The second edition of the “Innovative Startups and SMEs” roadshow will visit Le Kef, Monastir, Gafsa and Zarzis through 23 October. Financed by the World Bank and implemented - [Tunisia’s Family Ministry Launches Second Women’s Entrepreneurship Initiative](https://menastartupdigest.com/tunisias-family-ministry-launches-second-womens-entrepreneurship-initiative/): Tunisia’s Ministry of Family, Women, Children and the Elderly is holding the second edition of its national initiative to support women entrepreneurs from idea stage through post-launch growth. The initiative’s second phase will take place on September 25 across 20 sites in the country, in coordination with regional women and family affairs offices and public - [Jordan’s National Agricultural Research Center Trains 44 Engineers in Hydroponics and Integrated Aquaculture](https://menastartupdigest.com/jordans-national-agricultural-research-center-trains-44-engineers-in-hydroponics-and-integrated-aquaculture/): Jordan’s National Agricultural Research Center has completed a training course for 44 agricultural engineers from Irbid and Amman, focusing on hydroponics and integrated aquaculture. Organised with the Jordan Engineers Association under the FrontAg Nexus project, the course combined technical instruction with field training at Al Hussein Agricultural Research Station and the Ramtha Agricultural Research Center. - [Fujairah Chamber and Youth Council Explore Future of Youth Entrepreneurship](https://menastartupdigest.com/fujairah-chamber-and-youth-council-explore-future-of-youth-entrepreneurship/): The Fujairah Chamber of Commerce and Industry and the Fujairah Youth Council held a discussion session focused on the future of Emirati entrepreneurship and innovation. titled “Emirati Entrepreneurship Creates the Future,” the session took place at the chamber’s theatre on September 24 as part of national initiatives highlighting the role of Emirati talent in business - [Al Ain Future Business Forum Highlights Youth Innovation and Startup Partnerships](https://menastartupdigest.com/al-ain-future-business-forum-highlights-youth-innovation-and-startup-partnerships/): The Al Ain Future Business Forum showcased young Emirati-led innovations, startup initiatives and training programmes aimed at strengthening the UAE’s investment and entrepreneurship ecosystem. Dovie, founded by UAE University medical student Alia Al Hosni, presented a wearable device designed to continuously monitor vital signs for mothers and fetuses during pregnancy. The device is worn on - [Oman National Bank Graduates Six Fintech Startups from Second Accelerator Cohort](https://menastartupdigest.com/oman-national-bank-graduates-six-fintech-startups-from-second-accelerator-cohort/): Oman National Bank has completed the second cohort of its fintech accelerator with a demo day in Muscat, highlighting six startups developing solutions for payments, wealth management, credit and fraud prevention. The participating startups were Rushd Capital, Payce, CardO, Cxingularity, Bayzati and Aman. Their products include Sharia-compliant digital wealth advisory, QR-based payment and bill splitting - [Saudi Startup Almutanabi Launches AI Stockpicking App and Seeks $4M](https://menastartupdigest.com/saudi-startup-almutanabi-launches-ai-stockpicking-app-and-seeks-4m/): Saudi startup Almutanabi has launched an AI-powered equity trading app that suggests trades in Saudi and global stocks, while seeking up to $4M in Series A funding. The app became available to paying customers on August 30 and currently has fewer than 100 retail users, according to the company. It charges a monthly fee and - [Assiut Trains 1,000 Young People in Entrepreneurship and Financial Inclusion](https://menastartupdigest.com/assiut-trains-1000-young-people-in-entrepreneurship-and-financial-inclusion/): Assiut has completed the second phase of a training program focused on entrepreneurship and financial inclusion, reaching around 1,000 young people across five villages in Egypt’s Al-Fateh district. The sessions, held from September 3 to 21 under the “Own Your Business” initiative, covered Bani Zaid, Bani Mur, Basra, Al-Wasta and Arab Al-Matir. The program aims - [Around 60 Global Startups to Join Saudi Investment Forum in Madinah](https://menastartupdigest.com/around-60-global-startups-to-join-saudi-investment-forum-in-madinah/): Around 60 startups from around the world will take part in the Startup Investment Forum, taking place from February 21 to 23 at the King Salman International Convention Center in Madinah. The three-day forum will also host the MIT Enterprise Forum Saudi Arabia and Arab World competition. It is designed to help international startups explore - [Ajman Department of Finance Streamlines Two Services Under Zero Bureaucracy Drive](https://menastartupdigest.com/ajman-department-of-finance-streamlines-two-services-under-zero-bureaucracy-drive/): The Ajman Department of Finance has enhanced two services as part of the emirate’s efforts to simplify government procedures and advance its zero bureaucracy drive. The changes apply to the Financial Enquiries and Consultations service and User Access Permissions for Systems and Applications. Both support government entities in accessing financial and digital services. According to - [M Empire Joins NVIDIA VC Alliance to Expand Global Opportunities for Egyptian Startups](https://menastartupdigest.com/m-empire-joins-nvidia-vc-alliance-to-expand-global-opportunities-for-egyptian-startups/): M-Empire Angels has joined the NVIDIA VC Alliance, a move its founder and general partner, Magued Ghoneim, said will give Egyptian startups broader access to global investors, technology companies, customers and advanced tools in artificial intelligence and deep tech. According to Ghoneim, NVIDIA supports more than 200 Egyptian startups, while over 30 of those companies - [Meta Expands Muse AI Agent With Smart Glasses, Mac Tools and Shopping Integrations](https://menastartupdigest.com/meta-expands-muse-ai-agent-with-smart-glasses-mac-tools-and-shopping-integrations/): Meta is rapidly expanding Muse, its personal AI agent launched in early September, with new tools for managing tasks across apps, computers, email and connected devices. At the company’s annual Connect event in Menlo Park, Meta said Muse will soon work with its smart glasses, allowing users to request tasks such as logging meals, booking - [Google Tests Gemini Feature That Calls Businesses for Users](https://menastartupdigest.com/google-tests-gemini-feature-that-calls-businesses-for-users/): Google is testing a new Gemini feature that can call businesses on a user’s behalf, starting with Pixel 11 owners who subscribe to Gemini in the U.S. Called “Call for Me,” the feature will initially be available through the beta version of Google’s Phone app for Android. Gemini can call a store to check whether - [Qatar’s GrowthX Invests $1M in Hired Valley and Talebhub](https://menastartupdigest.com/qatars-growthx-invests-1m-in-hired-valley-and-talebhub/): Qatar-based GrowthX Capital has invested a combined $1M in Hired Valley and Talebhub, bringing both early-stage startups into the Snoonu Startup Factory. Founded by Snoonu founder Hamad Al Hajri, GrowthX said the investment will give the companies access to Snoonu’s technology infrastructure, operational expertise, commercial network and mentorship programs. Hired Valley, led by Yarkizhan Zholdasova, - [Oman’s Fintech Sector Grows to 42 Companies as Digital Market Expands](https://menastartupdigest.com/omans-fintech-sector-grows-to-42-companies-as-digital-market-expands/): Oman’s fintech sector has grown to 42 companies, up from 26 a year earlier, as the sultanate expands digital payments, regulatory frameworks and financial infrastructure. According to the sector data cited by Jawlah, the Central Bank of Oman approved 16 new fintech licenses in 2025, while 52 additional applications remained under review. The market was - [Dar Ventures Partners with Plug and Play to Expand DarE Globally](https://menastartupdigest.com/dar-ventures-partners-with-plug-and-play-to-expand-dare-globally/): Dar Ventures, the venture capital arm of Dar, has partnered with Plug and Play to expand DarE, a platform supporting technology companies across architecture, engineering, construction and the wider built environment. DarE has supported 32 startups across four cohorts since its launch, connecting founders with industry expertise, commercial opportunities and investment networks. The partnership will - [Saudi Startup Nero Launches Autonomous Delivery Operations in Riyadh](https://menastartupdigest.com/saudi-startup-nero-launches-autonomous-delivery-operations-in-riyadh/): Saudi startup Nero has started operating autonomous delivery vehicles in Riyadh’s Al-Falah district after securing the required permits and regulatory approvals. The permit allows Nero to run autonomous delivery vehicles in public residential neighborhoods. The company said it is the first permit of its kind granted to a Saudi company, marking a move from restricted - [Alibaba Plans AI Models of Up to 10 Trillion Parameters, Launches Zhenwu V900 Chip](https://menastartupdigest.com/alibaba-plans-ai-models-of-up-to-10-trillion-parameters-launches-zhenwu-v900-chip/): Alibaba is planning a new generation of AI models with between 5 trillion and 10 trillion parameters, while launching the Zhenwu V900 processor to support increasingly demanding AI workloads. The announcements were made at Alibaba Cloud’s annual Apsara Conference in Hangzhou. CEO Eddie Wu said the company’s Qwen team is training Qwen 4, with future - [Saudi Entrepreneur Abdulaziz Al-Salloum Acquires 10% Stake in UAE-Based GlobalPay](https://menastartupdigest.com/saudi-entrepreneur-abdulaziz-al-salloum-acquires-10-stake-in-uae-based-globalpay/): UAE-based fintech company GlobalPay has added Saudi technology entrepreneur and executive Abdulaziz Al-Salloum to its shareholder base after he acquired a 10% stake in the company. The transaction agreements were signed in Egypt in the presence of GlobalPay CEO Tamer Shawer and Al-Salloum. The company said the deal will strengthen its shareholder base and support - [Microsoft Raises Gulf AI and Cloud Investment to More Than $10B Through 2030](https://menastartupdigest.com/microsoft-raises-gulf-ai-and-cloud-investment-to-more-than-10b-through-2030/): Microsoft plans to invest more than $10 billion in capital and operating expenses across the UAE, Saudi Arabia, Qatar and Kuwait through 2030, adding roughly $2 billion to previous commitments. The expanded plan covers AI and cloud infrastructure, connectivity, cybersecurity, digital resilience and workforce development. It includes more than $400 million for subsea and terrestrial - [EBRD Approves Up to $32.1M Equity Investment in Hassan Allam Utilities’ RWD](https://menastartupdigest.com/ebrd-approves-up-to-32-1m-equity-investment-in-hassan-allam-utilities-rwd/): The European Bank for Reconstruction and Development (EBRD) has approved an equity investment of up to $32.1 million in RWD Investments BV, a water infrastructure platform wholly owned by Egypt-based Hassan Allam Utilities. The investment is part of a $92.9 million project to expand RWD’s water infrastructure activities in Egypt, with a focus on desalination - [Raya Holding Approves Up to $60M for Proposed Egyptian Data Center Acquisition](https://menastartupdigest.com/raya-holding-approves-up-to-60m-for-proposed-egyptian-data-center-acquisition/): Raya Holding has approved funding of up to $60 million to support the proposed acquisition of 100% of the equity interests in an Egyptian data center facility. The acquisition has not yet been completed. Raya Integration, a wholly owned portfolio company of Raya Holding for Financial Investments, will fund the equity portion through a capital - [Saudi Arabia’s AI Business Registrations Rise 31% to 24,552 in 2026](https://menastartupdigest.com/saudi-arabias-ai-business-registrations-rise-31-to-24552-in-2026/): Saudi Arabia recorded a 31% increase in commercial registrations for artificial intelligence activities, reaching 24,552 in 2026, according to the Ministry of Commerce. The growth comes as the Kingdom expands investment in AI and digital transformation. The ministry said 192,000 commercial registrations had been issued nationwide since the start of 2026, as of September, covering - [Abu Dhabi Chamber and CCI France UAE Sign Deal to Boost Trade and Investment](https://menastartupdigest.com/abu-dhabi-chamber-and-cci-france-uae-sign-deal-to-boost-trade-and-investment/): The Abu Dhabi Chamber of Commerce and Industry (ADCCI) and CCI France UAE have signed a cooperation agreement to strengthen trade, investment and business ties between Abu Dhabi and France. The partnership will connect companies across both markets and support access to investment opportunities, new customers and strategic partnerships. CCI France UAE represents more than - [Egypt Launches First Locally Developed Industrial Robot](https://menastartupdigest.com/egypt-launches-first-locally-developed-industrial-robot/): Egypt has launched and handed over its first industrial robot developed locally by Egyptian engineers and technology company Raed Bots, as the country pushes to expand domestic manufacturing and industrial automation. The robot was developed through a collaboration between the Industrial Modernization Center (IMC), Raed Bots and Qubee for use in industrial applications. It currently - [UAE and Lebanon Launch Initiative to Train 1 Million People in AI](https://menastartupdigest.com/uae-and-lebanon-launch-initiative-to-train-1-million-people-in-ai/): The UAE and Lebanon have launched an initiative aimed at giving one million Lebanese people practical skills in generative artificial intelligence and prompt engineering. Called “One Million Lebanese AI Experts,” the program was announced during a meeting between UAE Deputy Prime Minister and Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan and Lebanese - [Global CSR Forum to Bring 3,000 Participants to Riyadh in October 2026](https://menastartupdigest.com/global-csr-forum-to-bring-3000-participants-to-riyadh-in-october-2026/): Riyadh will host the second Global CSR Forum on 5–6 October 2026, with more than 3,000 participants and 100 speakers expected at the Sofitel Riyadh Hotel & Convention Centre. Hosted by Saudi Arabia’s Ministry of Human Resources and Social Development under the patronage of King Salman bin Abdulaziz Al Saud, the two-day forum will run - [Iwan Books Closes First Investment Round to Build AI-Powered Publishing Platform](https://menastartupdigest.com/iwan-books-closes-first-investment-round-to-build-ai-powered-publishing-platform/): Iwan Books has closed its first investment round, led by a strategic investment from Dr. Ahmed Sami, founder and CEO of Eye Advertising Group, as the self-publishing startup develops an AI-powered platform for authors and content creators. Founded by entrepreneur, writer and publisher Mohamed Gamal, Iwan is building tools that support the publishing process across - [Oman Launches National Fintech Strategy and Oman Fintech Gate](https://menastartupdigest.com/oman-launches-national-fintech-strategy-and-oman-fintech-gate/): Oman has launched a National Fintech Strategy and the Oman Fintech Gate, a platform intended to help fintech companies enter the local market. Led by the Central Bank of Oman (CBO), the strategy was developed with the Financial Services Authority (FSA) and the Ministry of Finance’s Estidama programme, with contributions from other government bodies including - [Saudi Arabia Ranks Third Globally in Data Center Capacity Growth](https://menastartupdigest.com/saudi-arabia-ranks-third-globally-in-data-center-capacity-growth/): Saudi Arabia ranked third globally for annual growth in operating data center IT capacity between 2024 and 2026, according to Savills research. The Kingdom recorded average annual growth of about 23%, matching Finland and trailing Malaysia at 50% and Indonesia at 27%. Saudi Arabia’s operational data center capacity rose from 68 MW in 2021 to - [Estithmar Wins $137M Contract to Build Meeza Data Centre in Qatar](https://menastartupdigest.com/estithmar-wins-137m-contract-to-build-meeza-data-centre-in-qatar/): Doha-listed investment group Estithmar Holding has secured a turnkey contract worth more than QAR 500 million ($137M) to build MEEZA’s latest data centre in Qatar. The project will be delivered by Estithmar’s contracting arm, Elegancia Contracting and Industries, across two construction phases. The facility is designed to support hyperscale cloud providers and high-density AI workloads, - [Abu Dhabi and Dubai Rank in EMEA Top Five on Global AI Cities Index](https://menastartupdigest.com/abu-dhabi-and-dubai-rank-in-emea-top-five-on-global-ai-cities-index/): Abu Dhabi and Dubai have both ranked among the top five cities in Europe, the Middle East and Africa in The Observer’s first Global AI Cities Index, which assessed 57 cities worldwide. Abu Dhabi placed 11th globally with a score of 31.1, making it the highest-ranked city in the Middle East. Dubai ranked 14th with - [NVIDIA Highlights Morocco’s $1.2B AI Factory Project Near Casablanca](https://menastartupdigest.com/nvidia-highlights-moroccos-1-2b-ai-factory-project-near-casablanca/): Morocco is moving to expand its AI infrastructure, with NVIDIA highlighting two projects that could increase the country’s access to computing capacity, including a planned $1.2B AI factory near Casablanca. The largest project is being developed by Nexus Core Systems through a collaboration with Morocco’s Ministry of Digital Transition, Ministry of Investment and the Moroccan - [Bahrain Development Bank Establishes AI Committee](https://menastartupdigest.com/bahrain-development-bank-establishes-ai-committee/): Bahrain Development Bank (BDB) has established an AI Committee to oversee the responsible adoption of artificial intelligence across its operations in Bahrain. The committee will focus on improving productivity, operational efficiency and decision-making, while supporting better customer outcomes and the growth of small and medium-sized enterprises. BDB’s committee is chaired by Group Chief Executive Officer - [UAE’s Marlan Invests in Indian AI Product Startup Demoverse in $600K Pre-Seed Round](https://menastartupdigest.com/uaes-marlan-invests-in-indian-ai-product-startup-demoverse-in-600k-pre-seed-round/): Indian startup Demoverse has raised $600K in a pre-seed round led by Lumikai, which invested $500K through its Pixels program. Angel investors and UAE deep-tech company Marlan also participated. Founded in early 2026, Demoverse is building an AI-powered platform that lets brands involve consumers in product creation from the earliest stages. Users can help test - [UAE Leads $2.1T GCC Shift Toward Domestic Private Capital](https://menastartupdigest.com/uae-leads-2-1t-gcc-shift-toward-domestic-private-capital/): The UAE has become the Middle East’s leading private capital market as investors increasingly direct funds toward opportunities in the region, according to a new report from BlackRock’s Aladdin. The report describes a broader shift from the Middle East serving mainly as a source of capital for global private markets to becoming a destination for - [R/GA Establishes Abu Dhabi Hub to Expand AI and Digital Work Across MENA](https://menastartupdigest.com/r-ga-establishes-abu-dhabi-hub-to-expand-ai-and-digital-work-across-mena/): R/GA has formally established a new operation in Abu Dhabi as it expands its AI and digital capabilities across the MENA region. The hub will serve clients across the region and be led by Bertrand Morin, who has been appointed executive director, MENA. The company said it plans to grow its local team and regional - [Huspy Enters Italy With Integra Finance Acquisition and $86M Investment Plan](https://menastartupdigest.com/huspy-enters-italy-with-integra-finance-acquisition-and-86m-investment-plan/): UAE-founded proptech Huspy has entered Italy after acquiring credit intermediary Integra Finance, alongside plans to invest $86 million (AED315 million) in building its mortgage finance and real estate business there. The acquisition price was not disclosed. Founded in Dubai in 2020 by Jad Antoun and Ziad Nassar, Huspy provides AI-powered technology and services for real - [Gulf Business Awards 2026 Recognise Leaders and Companies Across the Gulf](https://menastartupdigest.com/gulf-business-awards-2026-recognise-leaders-and-companies-across-the-gulf/): The Gulf Business Awards 2026 recognised leading companies and executives from across the Gulf at a ceremony held on September 23 at The Ritz-Carlton, Dubai, JBR. Dr Azad Moopen, Chairman and Founder of Aster DM Healthcare, received the Lifetime Achievement Award. Alshaya Group was named Gulf Business Company of the Year, while Raheel Ahmed, Group - [Oman Opens Craft Entrepreneurship Centre and Artisan House in Al Dhahirah](https://menastartupdigest.com/oman-opens-craft-entrepreneurship-centre-and-artisan-house-in-al-dhahirah/): Oman’s Authority for Small and Medium Enterprises Development (Riyada) has opened two projects in Al Dhahirah Governorate: the Craft Industries Entrepreneurship Centre in Dank and the Oman Artisan House at Ibri Yard in Ibri. The centre in Dank is designed to support artisans through dedicated facilities for training, production and innovation. It covers crafts linked - [Arabian Business Opens Nominations for 28-Category Industry Awards](https://menastartupdigest.com/arabian-business-opens-nominations-for-28-category-industry-awards/): Arabian Business has opened nominations for the inaugural Arabian Business Industry Awards, a new annual programme recognising companies operating across the Middle East. The awards feature 28 categories across three sections. Sector Excellence includes Energy Firm of the Year, alongside awards for banking, technology and other industries. Business Excellence categories include Workplace of the Year, - [Dubai DMCC Launches Foundations Framework With Assets Starting at $100](https://menastartupdigest.com/dubai-dmcc-launches-foundations-framework-with-assets-starting-at-100/): Dubai Multi Commodities Centre (DMCC) has formally launched its Foundations Regulations, introducing a legal structure for wealth preservation, succession planning and long-term asset ownership with initial assets starting at $100. The foundation is a separate legal entity from its founder, councillors, guardian and beneficiaries. Founders can define how beneficiaries are supported, how assets are managed - [Nawy Shares and CI Capital to Launch Digital Real Estate Funds in 2027](https://menastartupdigest.com/nawy-shares-and-ci-capital-to-launch-digital-real-estate-funds-in-2027/): Nawy Shares and CI Capital Asset Management have signed a partnership to establish and manage regulated real estate investment funds with digital features, with the first offerings expected in early 2027. The planned funds will bring fractional real estate investing into a regulated fund structure, potentially allowing investors to access property through smaller investments rather - [Saudi Rela Secures Investment from Yazeed Al Rajhi and Brothers Holding](https://menastartupdigest.com/saudi-rela-secures-investment-from-yazeed-al-rajhi-and-brothers-holding/): Saudi Arabia-based Rela has secured an investment from Yazeed Al Rajhi and Brothers Holding, which has joined the workforce housing company as an investor and strategic partner. The value of the investment and the stake acquired were not disclosed. The deal comes months after Rela launched in early 2026 under the leadership of Salman Al - [Qatar Startup Vora Builds AI Layer to Make Air Conditioning Smarter](https://menastartupdigest.com/qatar-startup-vora-builds-ai-layer-to-make-air-conditioning-smarter/): Qatar-based climate technology startup Vora is developing an AI-powered system that helps existing air conditioners operate more efficiently, rather than replacing them with new equipment. Founded by Anas Rustom and co-founder Mazen, Vora uses a small device and software platform to monitor room conditions, weather forecasts and user comfort preferences. The system then adjusts compatible - [Smart City Technologies Could Unlock $5.8B Opportunity in Riyadh](https://menastartupdigest.com/smart-city-technologies-could-unlock-5-8b-opportunity-in-riyadh/): Smart city technologies could generate more than $5.8 billion in value in Riyadh as Saudi Arabia accelerates infrastructure and urban development, according to a report by real estate firm JLL. Smart construction represents the largest share of the opportunity, at more than $3.8 billion. JLL estimates a 5.9-year payback period, with the technology helping reduce - [UAE Tops Arab Digital Economy Index 2026](https://menastartupdigest.com/uae-tops-arab-digital-economy-index-2026/): The UAE has ranked first in the Arab Digital Economy Index 2026, reflecting its investment in digital infrastructure, artificial intelligence and technology-led economic development. The results were announced at the opening of Seamless Middle East 2026 at Dubai World Trade Centre. The event runs from September 22 to 24 and is expected to bring together - [Kuwait Performs More Than 1,300 Robotic Surgeries Across Five Hospitals](https://menastartupdigest.com/kuwait-performs-more-than-1300-robotic-surgeries-across-five-hospitals/): Kuwait has performed more than 1,300 robotic-assisted procedures across five hospitals and specialist centers as it expands advanced and remote surgery capabilities. Sheikh Jaber Al-Ahmad Hospital accounts for 1,145 procedures since launching its program in 2019, covering specialties including urology, bariatric, colorectal, liver, gynecological and orthopedic surgery. Its orthopedic department has completed more than 115 - [SyriaTex Exhibition Opens in Damascus with 236 Syrian Companies](https://menastartupdigest.com/syriatex-exhibition-opens-in-damascus-with-236-syrian-companies/): The SyriaTex specialised export exhibition for the autumn-winter 2026-2027 season has opened in Damascus, bringing together 236 Syrian companies from across the country’s apparel and textile sector. Organised by the Damascus and Aleppo chambers of industry under the Ministry of Economy and Industry, the exhibition features women’s, men’s and children’s clothing, underwear, cotton products, knitwear, - [YouTube Unveils AI Creator Tools and Shorts Series at Made on YouTube](https://menastartupdigest.com/youtube-unveils-ai-creator-tools-and-shorts-series-at-made-on-youtube/): YouTube has announced a broad set of new tools to help creators analyze content, improve videos and build audiences, including AI features in its YouTube Studio app and a new way to organize Shorts into episodic series. Ask Studio, YouTube’s AI-powered creator assistant, is expanding to iOS and Android. It can review unpublished videos, suggest - [Fintra Holding Launches UPN Consortium Across 50+ Markets](https://menastartupdigest.com/fintra-holding-launches-upn-consortium-across-50-markets/): FinTra Holding has launched the UPN Consortium, an open platform bringing together payment networks, banks, financial institutions, digital wallets, remittance companies and open finance providers. Announced at Money20/20 Middle East in Riyadh, the consortium will allow participating institutions to contribute to Universal Payment Network’s strategy, roadmap, pricing principles, market priorities and cross-border payment infrastructure. UPN - [Qatar Chamber Hosts Dialogue Session for Women Entrepreneurs](https://menastartupdigest.com/qatar-chamber-hosts-dialogue-session-for-women-entrepreneurs/): Qatar Chamber hosted a dialogue session for women entrepreneurs in Doha on September 23, bringing together members of the Women Entrepreneurs Community to exchange experiences and discuss business growth. The session was organised by the Women Entrepreneurs Community, an initiative of the Youth Initiatives Incubator under Qatar’s Ministry of Sports and Youth, in cooperation with - [Oman’s National Finance and Sharakah Renew Partnership to Support 14 SMEs](https://menastartupdigest.com/omans-national-finance-and-sharakah-renew-partnership-to-support-14-smes/): Oman-based National Finance has renewed its partnership with Sharakah to support entrepreneurship and sustainable growth among small and medium-sized businesses. The renewed agreement will support the sixth edition of Sharakah’s SME Growth Program, with 14 selected businesses taking part in training workshops, expert-led advisory sessions and capacity-building initiatives, according to the announcement. The program is - [Syria-Lebanon Investment Forum in Beirut Targets Reconstruction and Economic Cooperation](https://menastartupdigest.com/syria-lebanon-investment-forum-in-beirut-targets-reconstruction-and-economic-cooperation/): The first Syrian-Lebanese Investment Forum brought more than 300 government officials and business leaders to Beirut to discuss reconstruction, investment and closer economic cooperation between the neighboring countries. Sessions covered investment opportunities, sustainable development, transport and trade, with additional focus on infrastructure, energy, agriculture, industry and tourism. Syria’s Economy and Industry Minister Nidal Al-Shaar said - [Aqaba Entrepreneurship Network Reviews Plans to Support Sustainable Business Growth](https://menastartupdigest.com/aqaba-entrepreneurship-network-reviews-plans-to-support-sustainable-business-growth/): The Aqaba Entrepreneurship Network held its regular meeting at the Queen Rania Al Abdullah Center for Community Empowerment in Aqaba to discuss stronger coordination among entrepreneurship initiatives in the governorate. The meeting brought together representatives from public and private institutions, civil society organisations and entrepreneurship support bodies. Participants reviewed projects and programmes planned for 2026 - [Saudi SHL Finance Renews $53.3M Credit Facility with Saudi Investment Bank](https://menastartupdigest.com/saudi-shl-finance-renews-53-3m-credit-facility-with-saudi-investment-bank/): Saudi Arabia’s SHL Finance has renewed a five-year, Shariah-compliant credit facility worth $53.3M (SAR 200M) with Saudi Investment Bank, giving the financing company additional capacity to support its customer lending activities and expansion plans. The facility, renewed on September 21, is secured by a promissory note, with customer receivables assigned to the bank as additional - [Abu Dhabi to Host Ai Everything Summit in October 2026](https://menastartupdigest.com/abu-dhabi-to-host-ai-everything-summit-in-october-2026/): Abu Dhabi’s Department of Government Enablement will host Ai Everything Abu Dhabi from 6-7 October 2026 at ADNEC Centre, bringing together more than 400 AI infrastructure builders, model makers and startups from 60 countries. The sold-out event, organised by inD, will also feature more than 200 investors managing $91 billion in assets and over 180 - [Injaz Oman Marks 20 Years of Youth Empowerment, Names Student Company Winners](https://menastartupdigest.com/injaz-oman-marks-20-years-of-youth-empowerment-names-student-company-winners/): Injaz Oman has marked 20 years of supporting young Omanis in entrepreneurship, innovation and workforce readiness, while announcing the winners of its 2025-2026 Company Program and competition. The organisation said its programmes have reached around 500,000 beneficiaries over the past two decades, including approximately 100,000 in the past year. The initiative has also supported the - [Saudi Arabia’s AI Commercial Registrations Rise 31% to 24,552](https://menastartupdigest.com/saudi-arabias-ai-commercial-registrations-rise-31-to-24552/): Saudi Arabia’s commercial registrations for artificial intelligence activities rose 31% to 24,552, making it the fastest-growing Vision 2030 sector, according to the Ministry of Commerce. The ministry attributed the increase to growth in computer programming, information and communications activities. It said 192,000 commercial registrations had been issued since the beginning of 2026, as of September. - [Binance Launches Tokenised US Stocks for Eligible UAE Users](https://menastartupdigest.com/binance-launches-tokenised-us-stocks-for-eligible-uae-users/): Binance has launched bStocks in the UAE, giving eligible users access to tokenised securities linked to selected US-listed stocks and ETFs. The service allows trading from $5 and is available around the clock. At launch, products linked to Circle Internet Group, Micron Technology, Nvidia, SanDisk and Tesla can be traded against USDT. bStocks are issued - [Algeria Moves National AI Strategy Into Implementation](https://menastartupdigest.com/algeria-moves-national-ai-strategy-into-implementation/): Algeria has moved its National Artificial Intelligence Strategy from planning into implementation, following a meeting to review progress on priority projects and sectoral funding needs. The Data and Infrastructure Committee identified 17 infrastructure operations and 14 data-related operations for 2026, focused on preparing for the equipment needed to localize AI applications. The meeting also discussed - [Sabah Al Ahmad Center and AIU Sign MoU to Support Young Talent in Kuwait](https://menastartupdigest.com/sabah-al-ahmad-center-and-aiu-sign-mou-to-support-young-talent-in-kuwait/): The Sabah Al Ahmad Center for Giftedness and Creativity has signed a memorandum of understanding with the American International University (AIU) to support talented young people and strengthen innovation in Kuwait. The agreement will focus on entrepreneurship, technical training, youth skills development and access to learning opportunities in modern technologies. It will serve people aged - [Three Women-Led Startups Win $75,000 in Bahrain Women in Tech Accelerator](https://menastartupdigest.com/three-women-led-startups-win-75000-in-bahrain-women-in-tech-accelerator/): Vivid Algorithms, Maraj and Jaras have won a combined $75,000 in equity-free grants through the seventh Women in Tech Bahrain accelerator cohort. The winners were announced at Demo Day in Manama by the Standard Chartered Foundation, Bahrain FinTech Bay and Village Capital, with support from UNIDO and Innovate for Bahrain. Each startup will also receive - [OpenAI Launches GPT-6 SOL and Luna at Half the API Cost](https://menastartupdigest.com/openai-launches-gpt-6-sol-and-luna-at-half-the-api-cost/): OpenAI has expanded its GPT-6 lineup with updated versions of its smaller Sol and Luna models, offering lower API pricing and claimed improvements in accuracy. The company said the new models are available at half the cost of the GPT-5.6 versions, attributing the reduction to improvements in caching and inference. Sol is positioned for more - [EFG Holding Secures $40M EBRD Facility to Expand MSME Financing in Egypt](https://menastartupdigest.com/efg-holding-secures-40m-ebrd-facility-to-expand-msme-financing-in-egypt/): Egyptian financial services group EFG Holding has secured a $40M, four-year senior unsecured loan from the European Bank for Reconstruction and Development (EBRD) to expand financing for micro, small and medium-sized enterprises (MSMEs) across Egypt. The facility will be channelled through eligible non-bank financial institution subsidiaries, supporting lending across customer segments and geographies. According to - [Nephos and Brinc Offer Compliance Support to 250+ GCC Startups](https://menastartupdigest.com/nephos-and-brinc-offer-compliance-support-to-250-gcc-startups/): Nephos Group has partnered with venture accelerator Brinc to provide accounting, compliance, corporate structuring and tokenization support to more than 250 startups in Brinc’s portfolio across the GCC. Through Brinc’s founder support program, portfolio companies can access guidance on cross-border tax planning, banking introductions, visas and corporate structures. Startups working on stablecoins, Web3 products and - [AFEM and France Discuss Support for Women Entrepreneurs in Morocco](https://menastartupdigest.com/afem-and-france-discuss-support-for-women-entrepreneurs-in-morocco/): France’s consul general in Casablanca met with Chaibia Belbzioui Alaoui, president of Morocco’s Association of Women Entrepreneurs (AFEM), to discuss cooperation aimed at strengthening women’s entrepreneurship across the country. The meeting followed Belbzioui Alaoui’s election as AFEM’s national president in June and focused on the association’s priorities for its new phase, according to the announcement. - [Anthropic Launches Opus 5.5 With Lower Pricing and Fable-Level Performance](https://menastartupdigest.com/anthropic-launches-opus-5-5-with-lower-pricing-and-fable-level-performance/): Anthropic has released Opus 5.5, its most capable Claude model tier, with the company claiming leading results in coding and knowledge work benchmarks. Anthropic also said the model outperformed the larger Fable model on many tests and completed informal tasks that Fable could not. Opus 5.5 is cheaper and faster than its predecessor. Output now - [Abu Dhabi Introduces Independent Verification of Greenhouse Gas Emissions Data](https://menastartupdigest.com/abu-dhabi-introduces-independent-verification-of-greenhouse-gas-emissions-data/): The Environment Agency – Abu Dhabi (EAD) has issued Resolution No. (03) of 2026, creating a regulatory framework for measuring, reporting and independently verifying greenhouse gas emissions data. Facilities in targeted sectors that meet or exceed specified emissions thresholds will be required to measure and report their emissions. Their data must then be verified by - [B Investments Sells 26M Gourmet Egypt Shares for $8.02M](https://menastartupdigest.com/b-investments-sells-26m-gourmet-egypt-shares-for-8-02m/): B Investments Holding has sold 26 million shares in Gourmet Egypt for $8.02M (EGP 416M), reducing its ownership in the premium grocery retailer to 33.5%.The shares were sold at an average price of around EGP 16 each, according to a disclosure to the Egyptian Exchange dated September 22, 2026.The transaction represents a partial reduction in - [Qatar Unveils $60B Infrastructure and Private Investment Pipeline](https://menastartupdigest.com/qatar-unveils-60b-infrastructure-and-private-investment-pipeline/): Qatar plans to launch around $38.5 billion in infrastructure projects over the next five years, including public-private partnerships, alongside a $22.5 billion pipeline of real estate and hospitality developments aimed at attracting private investment. Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani announced the plans at the Qatar Economic Forum in New - [Souhoola Plans $5.8M Consumer Finance Portfolio Sale in Q4 2026](https://menastartupdigest.com/souhoola-plans-5-8m-consumer-finance-portfolio-sale-in-q4-2026/): Souhoola, Banque Misr’s consumer finance subsidiary, plans to sell around $5.8M (EGP 300M) in financing portfolios during the fourth quarter of 2026 as it continues to monetize part of its consumer finance book. CEO Ahmed Alshanawany said the company is negotiating with banks to purchase the portfolios, although he did not identify the institutions involved. - [QIA and J.P. Morgan Asset Management Sign $20B Investment Partnership](https://menastartupdigest.com/qia-and-j-p-morgan-asset-management-sign-20b-investment-partnership/): Qatar Investment Authority (QIA) and J.P. Morgan Asset Management have signed a memorandum of understanding to establish a $20 billion investment partnership across public and private markets. The agreement includes a $15 billion public equities mandate, under which J.P. Morgan Asset Management will manage customized global equity portfolios aligned with QIA’s long-term investment objectives. A - [NVIDIA and RiseUp Bring Egypt’s AI Ecosystem Together in Cairo](https://menastartupdigest.com/nvidia-and-riseup-bring-egypts-ai-ecosystem-together-in-cairo/): RiseUp and NVIDIA have brought Egyptian startup founders, developers, industry executives, academics and other technology stakeholders together for an AI Ecosystem Reception in Cairo. The gathering focused on opportunities for AI development and collaboration in Egypt. NVIDIA senior executives Paolo Guglielmini, Vice President for EMEA, and Marc Domenech, Regional Vice President for the Middle East, - [Nvidia Expands Egypt Venture Capital Alliance With A15 and MM Empire](https://menastartupdigest.com/nvidia-expands-egypt-venture-capital-alliance-with-a15-and-mm-empire/): Nvidia has expanded its venture capital network in Egypt with the addition of A15 and MM Empire, linking local investors with the company’s global startup ecosystem, according to the announcement. The move comes as Nvidia grows its activity in the Egyptian market. Its Nvidia Inception program now includes seven Egyptian startups developing artificial intelligence solutions - [Egypt’s ITIDA Prepares to Partner with NVIDIA to Support AI Ecosystem](https://menastartupdigest.com/egypts-itida-prepares-to-partner-with-nvidia-to-support-ai-ecosystem/): Egypt’s Information Technology Industry Development Agency (ITIDA) is preparing to partner with NVIDIA as a strategic partner to support the growth of the country’s artificial intelligence ecosystem, according to statements made at a NVIDIA event in Cairo. NVIDIA’s Egypt ecosystem includes more than 200 startups enrolled in its Inception program and over 46,000 developers. Paolo - [Egypt and NVIDIA Explore AI Skills, Computing and Startup Innovation Cooperation](https://menastartupdigest.com/egypt-and-nvidia-explore-ai-skills-computing-and-startup-innovation-cooperation/): Egypt’s Ministry of Communications and Information Technology and NVIDIA have discussed potential cooperation in artificial intelligence, computing, digital skills development and support for startups and innovation. The meeting brought together Paolo Guglielmini, NVIDIA’s vice president for Europe, the Middle East and Africa, Marc Domenech, Mazen Khalil and representatives from Egypt’s communications and technology authorities. Discussions - [Egyptian MP Proposes Turning Youth Centers into Skills and Entrepreneurship Hubs](https://menastartupdigest.com/egyptian-mp-proposes-turning-youth-centers-into-skills-and-entrepreneurship-hubs/): Egyptian parliamentarian Sayed Hanafi Taha has proposed expanding the role of youth centers beyond sports to include vocational training, production and entrepreneurship support. Taha said the initiative should begin in Cairo, with youth centers in the Khalifa and Mokattam districts serving as a pilot that could later be rolled out across Egypt. The proposal calls - [UAE’s Stone Venture Leads GENISOM AI’s Series B Funding Round](https://menastartupdigest.com/uaes-stone-venture-leads-genisom-ais-series-b-funding-round/): Chinese robotics company GENISOM AI has completed a Series B financing round worth several hundred million yuan, led by UAE-based Stone Venture, according to an announcement on September 20, 2026. The company did not disclose the exact investment amount or valuation. The round also included Chinese financial and industrial investors such as Neusoft, Highpower Technology - [UAE Researchers Find Leading AI Models Fail Most Autonomous Drone Decisions](https://menastartupdigest.com/uae-researchers-find-leading-ai-models-fail-most-autonomous-drone-decisions/): Researchers in the UAE have introduced PhysAI-Bench, a benchmark designed to test whether AI models can make reliable real-time decisions as autonomous drone pilots. Developed by United Arab Emirates University with Khalifa University’s Digital Future Institute and Abu Dhabi’s Technology Innovation Institute, the benchmark evaluated 29 models from 14 AI organisations. It used 10,178 decision - [Saudi Fintech Dhimam Closes Undisclosed Angel Investment Round](https://menastartupdigest.com/saudi-fintech-dhimam-closes-undisclosed-angel-investment-round/): Saudi fintech company Dhimam has closed an undisclosed angel investment round to develop its products, strengthen its technology infrastructure and expand partnerships in the Saudi market. The company provides escrow solutions for B2B, P2P and B2C transactions. Its platform holds funds until agreed conditions are met, then releases payment to the entitled party once the - [UAE PropTech Market Forecast to Reach $1.62B by 2032](https://menastartupdigest.com/uae-proptech-market-forecast-to-reach-1-62b-by-2032/): The UAE’s PropTech market is projected to more than double from around $678M in 2025 to $1.62B by 2032, according to MarkNtel Advisors. The forecast represents a compound annual growth rate of 13.28% between 2026 and 2032. The expansion is being driven by smart city programs, investment in digital infrastructure and growing demand for efficiency - [Middle East Venture Capital Deals Averaged $2.4B Annually From 2021 to 2025](https://menastartupdigest.com/middle-east-venture-capital-deals-averaged-2-4b-annually-from-2021-to-2025/): Venture capital deals in the Middle East averaged $2.4 billion annually between 2021 and 2025, according to a report by Aladdin, part of BlackRock. The report points to continued funding activity in the region while the United States and Europe faced more difficult investment conditions. The report said capital flows are gradually shifting toward the - [TII Targets First Satellite Quantum-Secured Link by Year-End in UAE](https://menastartupdigest.com/tii-targets-first-satellite-quantum-secured-link-by-year-end-in-uae/): Abu Dhabi’s Technology Innovation Institute (TII) is working to establish the UAE’s first quantum-secured satellite link by the end of this year, marking a step towards space-based protection for sensitive data. The project is led by Dr Sana Amairi-Pyka, TII’s lead scientist for quantum communications, through the Abu Dhabi Quantum Optical Ground Station. Her team - [ADIA Sells $250M Stake in Indian Eyewear Retailer Lenskart](https://menastartupdigest.com/adia-sells-250m-stake-in-indian-eyewear-retailer-lenskart/): Abu Dhabi Investment Authority (ADIA) has sold 35 million shares in Indian eyewear retailer Lenskart in a block deal worth INR23.9 billion ($250 million), reducing its stake in the company to 7.76%. The shares were sold by Adia affiliate Platinum Jasmine A 2018 Trust at an average price of INR683 each, according to data from - [Gulf Family Offices Shift Towards Institutional-Grade Investing](https://menastartupdigest.com/gulf-family-offices-shift-towards-institutional-grade-investing/): Gulf family offices are expanding into private markets, venture capital, real estate, AI, renewables and private credit as they adopt more formal investment and governance practices. The shift is creating demand for professionals who can manage increasingly complex portfolios. ADGM Academy, the knowledge arm of Abu Dhabi’s ADGM financial centre, is addressing that need through - [Zoho Launches Catalyst 3.0 for AI-Assisted App Development in MENA](https://menastartupdigest.com/zoho-launches-catalyst-3-0-for-ai-assisted-app-development-in-mena/): Zoho has launched new capabilities for Catalyst, its cloud application development platform, allowing developers and businesses in the MENA region to turn AI-generated code into production-ready applications more quickly and with greater control. Catalyst 3.0 works with agentic AI coding assistants including Anthropic’s Claude Code and OpenAI’s Codex. The platform provides the cloud infrastructure, deployment - [Cristiano Ronaldo Linked to Reported $500M Bid for Al Nassr Stake](https://menastartupdigest.com/cristiano-ronaldo-linked-to-reported-500m-bid-for-al-nassr-stake/): Cristiano Ronaldo is reportedly part of a consortium seeking to buy a stake in Saudi Arabian football club Al Nassr from the Public Investment Fund (PIF). The group also includes RedBird Capital Partners CEO Gerry Cardinale, former Al Nassr president Ibrahim Al Muhaidib, Saudi Media Company chairman Mohammed Al Khuraiji and Hozon Holding chairman and - [Hodoor Program Launches in Tafilah to Support Digital Entrepreneurship](https://menastartupdigest.com/hodoor-program-launches-in-tafilah-to-support-digital-entrepreneurship/): The Hodoor digital entrepreneurship program has launched at youth centres in Tafilah and Busaira, aiming to help young people turn ideas into viable projects. Implemented by the Ministry of Youth in partnership with Peace Corps Association, the program introduces participants to digital entrepreneurship, idea development and the use of online tools and platforms to manage - [Egypt’s Investment Authority Forms 40 Startups from 200 Pitches](https://menastartupdigest.com/egypts-investment-authority-forms-40-startups-from-200-pitches/): Egypt’s General Authority for Investment and Free Zones has helped establish 40 startups from 200 pitches submitted to its Entrepreneurship Center, according to authority chairman Mohamed Awad. Awad shared the figure during the third round of the “Egypt Can Export” initiative, launched by the Ministry of Investment in Damietta. He said the authority supports companies - [MENA Fintech Association Publishes Update on ADGM Digital Asset Regulations](https://menastartupdigest.com/mena-fintech-association-publishes-update-on-adgm-digital-asset-regulations/): The MENA Fintech Association has published its latest bi-annual regulatory update, outlining the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority’s priorities and developments across digital assets and financial services. The report follows an FSRA regulatory update session held on 19 May 2026, attended by around 20 representatives from MFTA member firms. The session - [Orange Jordan Trains More Than 70 Entrepreneurship Mentors](https://menastartupdigest.com/orange-jordan-trains-more-than-70-entrepreneurship-mentors/): Orange Jordan has completed a training programme for more than 70 entrepreneurship experts and specialists from across the country, as part of efforts to strengthen support for Jordanian startups. The programme included five intensive courses held in Aqaba, Irbid and Amman. It focused on helping participants guide startups through mentorship, communication, active listening, constructive feedback - [Egypt Targets Support for 250 AI Startups and 36% Citizen Adoption by 2030](https://menastartupdigest.com/egypt-targets-support-for-250-ai-startups-and-36-citizen-adoption-by-2030/): Egypt aims to support more than 250 new artificial intelligence startups and enable 36% of its citizens to use AI-powered tools by 2030, according to Minister of Communications and Information Technology Raafat Hindi. Speaking at the opening of FDC Summit 2026, Hindi said the targets are part of the second phase of Egypt’s National AI - [Career 180 to Host KEMET-X Startup Gathering at Egypt’s Pyramids](https://menastartupdigest.com/career-180-to-host-kemet-x-startup-gathering-at-egypts-pyramids/): Egypt-based career development platform Career 180 is launching KEMET-X, a global entrepreneurship and innovation gathering designed to connect Egyptian and African startups with international investors, venture capital firms, corporates and technology companies. The two-day event will take place on 14–15 December 2026 at the Great Pyramids of Giza. It is expected to bring together more - [NTDP and Tamam Sign MoU for SAR 200M Technology Sector Financing Portfolio](https://menastartupdigest.com/ntdp-and-tamam-sign-mou-for-sar-200m-technology-sector-financing-portfolio/): The National Program for the Development of the Information Technology Sector (NTDP) has signed a memorandum of understanding with Tamam to launch a SAR 200 million financing portfolio for technology sector employees. According to the announcement, the portfolio will provide more flexible and competitive financing solutions to technology professionals, helping them meet financial needs and - [Saudi Ceer Launches First Exobot Electric Vehicles](https://menastartupdigest.com/saudi-ceer-launches-first-exobot-electric-vehicles/): Saudi Arabia’s Ceer has unveiled its first electric vehicles, introducing the Exobot sedan and SUV as it begins building a locally developed automotive brand backed by the Public Investment Fund (PIF). Crown Prince Mohammed bin Salman, who also chairs the PIF, launched the vehicles, according to the state-run SPA news agency. He said the move - [HALA Expands Saudi SME Financial Platform After $157M Series B](https://menastartupdigest.com/hala-expands-saudi-sme-financial-platform-after-157m-series-b/): Saudi fintech company HALA is expanding its financial services platform for small and medium-sized businesses, with plans spanning payments, business accounts, cards, transfers and lending. The company currently serves around 150,000 SMEs in Saudi Arabia. According to CEO and co-founder Maher Loubeih, HALA’s share of the country’s payments and point-of-sale market is about 8%, rising - [Egypt’s TokenAI Open-Sources Horus Taleeq Arabic Language Model](https://menastartupdigest.com/egypts-tokenai-open-sources-horus-taleeq-arabic-language-model/): Alexandria-based AI company and nonprofit TokenAI has released Horus Taleeq 0.2B Base, an open-source Arabic-only language model for researchers and developers. The model was trained from scratch on 6 billion Arabic tokens, with no other languages included. According to TokenAI, training took 30 hours on a single NVIDIA RTX PRO 6000 Blackwell Server Edition GPU. - [Egypt Expands Sustainable Finance and Carbon Markets Expertise Hub](https://menastartupdigest.com/egypt-expands-sustainable-finance-and-carbon-markets-expertise-hub/): Egypt’s Financial Services Institute has expanded the mandate of the Regional Center for Sustainable Finance and Carbon Markets, giving it a wider role in research, training, technical services and capacity building. The decision, issued by the institute’s board and chaired by Financial Regulatory Authority (FRA) Chairman Dr. Islam Azzam, replaces the center’s previous framework and - [UAE Approves $272M Fund to Strengthen Local Industry and AI Manufacturing](https://menastartupdigest.com/uae-approves-272m-fund-to-strengthen-local-industry-and-ai-manufacturing/): The UAE has approved a $272 million National Industrial Resilience Fund to support critical industries, strengthen domestic supply chains and accelerate the use of artificial intelligence in manufacturing. The fund is part of the government’s broader “Make it in the Emirates” push to expand local production and connect manufacturers with investors, technology providers and major - [MENA Startup Investments Exceed $1.6B in First 20 Days of September 2026](https://menastartupdigest.com/mena-startup-investments-exceed-1-6b-in-first-20-days-of-september-2026/): Startups across the Middle East and Gulf recorded more than $1.6 billion in disclosed investments between September 1 and 20, according to a consolidated report by entArabi. The figure covered 22 announced deals out of 24 transactions. Artificial intelligence attracted the largest share, with six deals worth $900.69 million, or 56.3% of total disclosed funding. - [NVIDIA Says More Than 200 Egyptian Startups Have Joined Inception Program](https://menastartupdigest.com/nvidia-says-more-than-200-egyptian-startups-have-joined-inception-program/): More than 200 Egyptian startups have joined NVIDIA’s Inception program, as the company expands its engagement with the country’s artificial intelligence ecosystem. According to NVIDIA, the program supports startups with computing resources, connectivity and market access. The participating companies work across financial services, healthcare, cybersecurity, robotics, smart spaces and software development. NVIDIA highlighted seven startups - [Snoonu Hosts UpScrolled Founder for Qatar Startup Technology Discussion](https://menastartupdigest.com/snoonu-hosts-upscrolled-founder-for-qatar-startup-technology-discussion/): Snoonu hosted Issam Hijazi, founder and CEO of UpScrolled, for a discussion on building technology from the region and taking locally informed products to global audiences. The session took place at Snoonu’s headquarters in Lusail, Qatar, in partnership with the Entrepreneurs’ Organization Qatar. Hijazi joined Snoonu founder and CEO Hamad Mubarak Al Hajri, entrepreneurs, members - [Riyada Launches Portal for SME Business Opportunities and Supplier Registration](https://menastartupdigest.com/riyada-launches-portal-for-sme-business-opportunities-and-supplier-registration/): Oman’s Small and Medium Enterprises Development Authority, Riyada, has launched a unified online page to help small and medium-sized businesses access procurement and contract opportunities from public and private-sector organisations. The “Business Opportunities Platforms and Supplier Registration” page brings together 20 government and private platforms where SMEs can explore available opportunities and apply to become - [USEK’s ACIE Concludes Validation Sprint 2026 with Demo Day for Nine Startups](https://menastartupdigest.com/useks-acie-concludes-validation-sprint-2026-with-demo-day-for-nine-startups/): The Ashar Center for Innovation and Entrepreneurship (ACIE) at the Holy Spirit University of Kaslik (USEK) has concluded its Validation Sprint 2026 program with a Demo Day featuring nine technology startups. Held on the university campus, the event brought together university officials, faculty members, students, entrepreneurship ecosystem partners, mentors, trainers and startup community representatives. The - [Oman Launches New Incentives for Riyada Card Holders in Transport and Logistics](https://menastartupdigest.com/oman-launches-new-incentives-for-riyada-card-holders-in-transport-and-logistics/): Oman’s Authority for Small and Medium Enterprises Development, Riyada, has partnered with the Public Establishment for Industrial Estates, Madayn, to introduce new incentives for small and medium-sized businesses operating in the transport and logistics sector. The package is available to SMEs holding a Riyada Entrepreneurship Card. It includes discounts on truck entry permit packages for - [Egyptian Fintech Octo Joins EBRD’s Star Venture Program](https://menastartupdigest.com/egyptian-fintech-octo-joins-ebrds-star-venture-program/): Egyptian fintech company octo has joined the European Bank for Reconstruction and Development’s (EBRD) Star Venture program, giving it access to tailored advisory support and a network of experts, mentors and investors as it works toward its next phase of growth. The 24-month program supports high-potential startups through operational and strategic guidance rather than direct - [Oman’s University of Technology and Applied Sciences Reports 364 Student-Led Startups](https://menastartupdigest.com/omans-university-of-technology-and-applied-sciences-reports-364-student-led-startups/): The University of Technology and Applied Sciences in Oman reported a sharp increase in student entrepreneurship, with 364 student-led startups recorded during the latest academic year, up from 68 the year before. The university said 331 students are now entrepreneurs, while incubators operate across all of its branches. Fifty-three student-led startups have received local or - [Lebanese-Founded Panic Zones Sells More Than 5,000 Arctic Edition Games](https://menastartupdigest.com/lebanese-founded-panic-zones-sells-more-than-5000-arctic-edition-games/): Panic Zones, a Dubai-based card game company founded by four Lebanese entrepreneurs, has sold more than 5,000 units of its debut title, Panic Zones: Arctic Edition, since launching in December 2025. The survival-themed party game was designed, developed and manufactured by a MENA-based team. It supports four to six players, who compete to survive a - [Egyptian Healthtech Anees Health Closes Undisclosed Seed Round](https://menastartupdigest.com/egyptian-healthtech-anees-health-closes-undisclosed-seed-round/): Egyptian healthcare startup Anees Health has closed a seed funding round of undisclosed value to expand its integrated care model across Greater Cairo. Founded in 2025, the company coordinates medical and support services throughout a patient’s care journey, from initial assessment through stabilisation and follow-up. Its model combines geriatric and family medicine with nursing, physiotherapy, - [Saudi Arabia Ends Formal Participation in China-Led mBridge Payments Platform](https://menastartupdigest.com/saudi-arabia-ends-formal-participation-in-china-led-mbridge-payments-platform/): Saudi Arabia has ended its formal participation in mBridge, a China-led project that uses central bank digital currencies and blockchain technology for cross-border payments. The Saudi Central Bank (SAMA) completed its proof of concept on May 13, 2025, and ended its membership afterward, according to the Financial Times. The move had not been publicly disclosed - [Paymob Raises $35M Pre-Series C to Expand Across MENA](https://menastartupdigest.com/paymob-raises-35m-pre-series-c-to-expand-across-mena/): Paymob has raised $35M in a Pre-Series C round co-led by Mubadala and the European Bank for Reconstruction and Development (EBRD), as the Egyptian payments infrastructure provider prepares to expand across MENA. British International Investment, Global Ventures and DPI Ventures also participated in the round. The company said it will use the funding to scale - [QIC Launches QIC Market Car Marketplace in Qatar](https://menastartupdigest.com/qic-launches-qic-market-car-marketplace-in-qatar/): Qatar Insurance Company (QIC) has launched QIC Market, a digital car marketplace designed to bring vehicle buying and selling into one online platform. Available through the QIC App and qic.market, the platform lists more than 10,000 new and pre-owned vehicles across over 60 brands. Buyers can search using filters such as budget, condition and color, - [Foloosi Technologies Receives In-Principle Approval from UAE Central Bank](https://menastartupdigest.com/foloosi-technologies-receives-in-principle-approval-from-uae-central-bank/): UAE fintech company Foloosi Technologies has received In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE), marking a key step in its regulatory journey. According to the company, the approval follows extensive preparation focused on compliance, governance and responsible growth in the UAE’s digital payments ecosystem. Foloosi said it is now working to - [Dubai Police Used AI to Secure 95.2M Airport Passengers in 2025](https://menastartupdigest.com/dubai-police-used-ai-to-secure-95-2m-airport-passengers-in-2025/): Dubai Police secured the journeys of 95.2 million passengers and more than 86.75 million pieces of baggage at Dubai’s airports in 2025, as it expanded the use of artificial intelligence and smart technologies across airport security. The systems reviewed by Dubai Police Commander-in-Chief Lieutenant General Abdulla Khalifa Al Marri include AI-enabled passenger screening, unattended baggage - [Egyptian Universities Expand AI Programs Across Higher Education](https://menastartupdigest.com/egyptian-universities-expand-ai-programs-across-higher-education/): Egyptian universities are developing strategies to expand the use of artificial intelligence in education, research and innovation, according to Adel Abdel Ghaffar, spokesperson for the Ministry of Higher Education and Scientific Research. In televised remarks, Abdel Ghaffar said the ministry is prioritising computer science and AI programs across higher education tracks. More than 100 faculties - [MIS Signs HUMAIN Agreement to Expand Saudi AI Data Center Project to 250MW](https://menastartupdigest.com/mis-signs-humain-agreement-to-expand-saudi-ai-data-center-project-to-250mw/): Saudi Arabia’s Al Moammar Information Systems (MIS) has signed an agreement with HUMAIN to expand a project for designing and building data centers dedicated to artificial intelligence technologies, increasing its targeted capacity from 50MW to 250MW. Signed on September 19, 2026, the agreement is valued at more than 689% of MIS’ 2025 revenue, which translates - [Egypt Outlines $12B Digital Transformation Push Focused on AI and Data Centers](https://menastartupdigest.com/egypt-outlines-12b-digital-transformation-push-focused-on-ai-and-data-centers/): Egypt is advancing a digital transformation agenda centered on artificial intelligence, cloud infrastructure, data centers and 5G, following a meeting between President Abdel Fattah al-Sisi, Prime Minister Mostafa Madbouly, Communications and Information Technology Minister Raafat Hendi, and military signals leadership. According to the announcement, Egypt aims to reach $8B in digital exports by 2028, while - [Jazr.io Raises Undisclosed Funding to Build AI-Powered Accounting Platform](https://menastartupdigest.com/jazr-io-raises-undisclosed-funding-to-build-ai-powered-accounting-platform/): Jazr.io, a subscription-based accounting software platform for restaurants and cafes, has closed an investment round in September 2026. The round included Bandar Khaled, founder of Mador, while the company did not disclose the funding amount or valuation. The platform combines accounting and inventory management in one system, with tools designed for both small restaurants and - [Arep Saudi Secures Pre-Seed Funding Led by Golden Assets Investment](https://menastartupdigest.com/arep-saudi-secures-pre-seed-funding-led-by-golden-assets-investment/): Saudi education technology and research enablement company Arep Saudi has closed a pre-seed funding round led by Golden Assets Investment. The company is building solutions for training and skills gaps in educational and research laboratories. Its offering combines an interactive digital learning platform with specialized laboratory experiment content, knowledge repositories and practical workshops held in - [Saudi PIF Launches Tawreed to Digitise Supply Chain Finance](https://menastartupdigest.com/saudi-pif-launches-tawreed-to-digitise-supply-chain-finance/): Saudi Arabia’s Public Investment Fund (PIF) has launched Tawreed Financing Solutions, a digital platform focused on supply chain finance for local companies. The platform aims to help businesses manage liquidity and working capital more efficiently, while improving access to financing solutions for private-sector companies, particularly small and medium-sized enterprises, according to the announcement. Tawreed has - [MFTA and STORM Partners Form Alliance for MENA Fintech and Web3 Growth](https://menastartupdigest.com/mfta-and-storm-partners-form-alliance-for-mena-fintech-and-web3-growth/): The MENA Fintech Association (MFTA) and venture-building firm STORM Partners have formed a strategic alliance to support cross-border financial innovation across the Middle East and Africa, with a focus on Web3 infrastructure, digital assets and regulatory collaboration. Announced on September 21, 2026, the partnership will connect MFTA’s institutional network with STORM Partners’ advisory and venture-building - [Egypt’s Qena Trains 100 Women in Entrepreneurship and Small-Business Management](https://menastartupdigest.com/egypts-qena-trains-100-women-in-entrepreneurship-and-small-business-management/): Qena’s National Council for Women has trained 100 women in entrepreneurship and small-business management as part of Egypt’s Hayah Karima initiative and the National Family Development Project. The four training sessions targeted 25 women each in the villages of Al-Marashda in El Waqf, Al-Raeeseya in Nag Hammadi, Al-Kharanka in Qus, and Abnoud in Qena, according - [Falak Ventures Launches Flagship 3 Accelerator for 8 AI Startups in Saudi Arabia](https://menastartupdigest.com/falak-ventures-launches-flagship-3-accelerator-for-8-ai-startups-in-saudi-arabia/): Saudi investment firm Falak Ventures, with support from the National Technology Development Program (NTDP), has launched the third edition of its Flagship accelerator with eight AI-focused startups. Flagship 3 has been redesigned as an investment-backed program for companies whose products and business models are built around core artificial intelligence. The cohort covers construction safety, financial - [Dubai Sports Council and New Economy Academy Launch Sports Entrepreneurship Program](https://menastartupdigest.com/dubai-sports-council-and-new-economy-academy-launch-sports-entrepreneurship-program/): Dubai Sports Council has partnered with the New Economy Academy to launch a program aimed at training and preparing 1,000 Emirati entrepreneurs for opportunities in the sports sector. The initiative is part of the UAE’s “UAE, Capital of Entrepreneurship” campaign and is designed for Emirati men and women interested in establishing, managing or developing sports - [Damascus Chamber and ILO Conclude Second Start Your Business Training Package](https://menastartupdigest.com/damascus-chamber-and-ilo-conclude-second-start-your-business-training-package/): The Damascus and Countryside Chamber of Industry has completed its second “Start Your Business” (SYB) training package in partnership with the International Labour Organization (ILO), supporting young people and entrepreneurs in Syria as they move business ideas toward implementation. The programme is part of the ILO’s global Start and Improve Your Business (SIYB) initiative. Participants - [Egypt Steps Up Support for Startups and Founders Abroad](https://menastartupdigest.com/egypt-steps-up-support-for-startups-and-founders-abroad/): Egypt is placing greater focus on its startup ecosystem as it seeks to help companies grow locally before expanding into the UAE, Saudi Arabia and wider MENA markets, according to comments by entrepreneurship consultant Essam Hawash. Speaking on the Al Oula program “Economy 24,” Hawash said startups need capital, supportive policies and an environment that - [QNET Calls for More Digital Work and Entrepreneurship Opportunities for MENA Youth and Women](https://menastartupdigest.com/qnet-calls-for-more-digital-work-and-entrepreneurship-opportunities-for-mena-youth-and-women/): QNET is calling for broader pathways into digital work, flexible employment and entrepreneurship for young people and women across the Middle East and North Africa, as regional labor markets face mounting pressure and the digital economy continues to expand. Hossam Kamel, the company’s regional general manager for MENA, said economic participation requires more than traditional - [Blossom Capital Invests in Saudi Fintech Halala Plus](https://menastartupdigest.com/blossom-capital-invests-in-saudi-fintech-halala-plus/): Blossom Capital has invested in Halala Plus, a Saudi fintech platform focused on helping individuals manage spending and build daily saving habits. The Riyadh-based startup combines AI-powered financial tools and open banking services with a savings vault, a rewards system called Halala Coin, and access to more than 3,000 discounts. Users earn points through interactions - [Egyptian Startups Rethink Saudi Expansion After Costly Market Entries](https://menastartupdigest.com/egyptian-startups-rethink-saudi-expansion-after-costly-market-entries/): Egyptian startups are becoming more cautious about expanding into Saudi Arabia after some companies entered the market too early, spent heavily and underestimated differences between the two countries, according to Dina El-Shenoufy, co-founder and general partner at F6 Ventures. The trend peaked in 2022 and 2023, when economic uncertainty and currency devaluation in Egypt pushed - [Prosperity7 Ventures Announces Follow-On Investment in D-Robotics After $400M Series C](https://menastartupdigest.com/prosperity7-ventures-announces-follow-on-investment-in-d-robotics-after-400m-series-c/): Saudi Arabia-based Prosperity7 Ventures has announced a follow-on investment in D-Robotics, as the robotics technology company scales its edge AI solutions for intelligent machines. D-Robotics develops edge AI computing products that allow robots to process information and operate across applications including humanoid robots, autonomous mobile robots and drones. The company recently announced a $400M Series - [ITIDA Connects 15 Egyptian Innovators to Copenhagen Plastic Waste Challenge](https://menastartupdigest.com/itida-connects-15-egyptian-innovators-to-copenhagen-plastic-waste-challenge/): Fifteen young Egyptian innovators are exploring new ways to turn plastic waste into a resource for the circular economy at DTU Skylab in Copenhagen. The participants are taking part in the OpenInnovation Challenge as part of the DEDI Innovation Exchange 2026, alongside Danish and international peers. The programme brings together Egyptian talent and global expertise - [Leancubator to Host ESG Excellence Summit 2026 in Algiers](https://menastartupdigest.com/leancubator-to-host-esg-excellence-summit-2026-in-algiers/): Leancubator will host the first ESG Excellence Summit in Algiers on 22 September 2026, bringing together business leaders, financial institutions, investors, regulators, public-sector representatives, international organisations and innovation stakeholders.The event will take place at Hotel El Djazaïr and focus on how environmental, social and governance practices can support competitiveness, investment attractiveness and sustainable growth in - [Qatar Launches Doha Investment to Drive Private-Sector Growth](https://menastartupdigest.com/qatar-launches-doha-investment-to-drive-private-sector-growth/): Qatar has launched Doha Investment, a new investment platform intended to support the country’s next phase of economic growth and expand private-sector participation. Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, who chairs the platform, announced the launch at the Qatar Economic Forum’s UNGA Special Edition in New - [The Station to Host Free AI-Powered MVP Workshop in Baghdad](https://menastartupdigest.com/the-station-to-host-free-ai-powered-mvp-workshop-in-baghdad/): The Station Foundation for Entrepreneurship will host a free, one-day workshop in Baghdad on building a minimum viable product (MVP) with artificial intelligence tools. The session is designed for people with a clear idea for a digital or service-based product who already have strong experience using AI tools. Participants will work on turning their ideas - [Ignyte and PwC’s UAE Corporate Tax Compliance 2026 Session Set for September 24](https://menastartupdigest.com/ignyte-and-pwcs-uae-corporate-tax-compliance-2026-session-set-for-september-24/): Ignyte and PwC will host a virtual session on UAE Corporate Tax Compliance 2026 on Thursday, September 24, from 1:30 PM to 3:00 PM GMT+2. Registration requires host approval. The session is aimed at SMEs preparing for the UAE Corporate Tax filing deadline of September 30, 2026, which applies to businesses with financial years ending - [Ignyte x TheBlock. Founder Sessions 3 to Put Five Startups in Front of Investors](https://menastartupdigest.com/ignyte-x-theblock-founder-sessions-3-to-put-five-startups-in-front-of-investors/): Ignyte and TheBlock. will host the third edition of Founder Sessions on 23 September 2026 at TheBlock. Street, One Central, bringing five startups together with an investor panel for live pitches and feedback. Each startup will have four minutes to present, followed by five minutes of questions and answers with the investors. The event will - [Syrian Team Qualifies for Global Robotics Olympiad With Multilingual Aleppo Robot](https://menastartupdigest.com/syrian-team-qualifies-for-global-robotics-olympiad-with-multilingual-aleppo-robot/): A Syrian team has qualified for the World Robot Olympiad (WRO) finals in Puerto Rico with “Bakri,” a robot designed to welcome visitors and share information about Aleppo’s history, culture and heritage. Developed by RoboTrick and the ROBONVO team, Bakri speaks the Aleppine dialect, other Syrian and Arab dialects, and 12 languages in total. It - [Qatar Startup OceanEdge Wins QSTP x YEC Bootcamp with Underwater Drone Prototype](https://menastartupdigest.com/qatar-startup-oceanedge-wins-qstp-x-yec-bootcamp-with-underwater-drone-prototype/): Doha-based startup OceanEdge won first place at the QSTP x YEC Summer Bootcamp and Hackathon with a prototype designed to inspect offshore pipelines and platforms without putting divers in the water. Founded by Muhammad Rafi Abbad and his co-founder, OceanEdge began as a university senior project. Its underwater drone is designed to operate autonomously, film - [Caishny Reports EGP 600M in Transactions in H1 2026, Targets 130 Outlets](https://menastartupdigest.com/caishny-reports-egp-600m-in-transactions-in-h1-2026-targets-130-outlets/): Egyptian financial services company Caishny processed transactions worth EGP 600 million during the first half of 2026 and plans to expand its network to 130 outlets across the country by year-end. The company currently operates 110 branches across 17 governorates, including 86 outlets located within traffic units. It aims to expand to 21 governorates, with - [Keyper Launches Rental Shield for UAE Property Owners](https://menastartupdigest.com/keyper-launches-rental-shield-for-uae-property-owners/): UAE proptech company Keyper has launched Rental Shield, a service designed to protect property owners against missed rent while giving them greater control across the rental process. The offering combines tenant screening, upfront access to rental income and rental protection. According to the company, owners can receive their full annual rent within 48 hours through - [Dubai Startup Peekabox Launches with $1.5M Seed Funding and 1,000+ Partner Outlets](https://menastartupdigest.com/dubai-startup-peekabox-launches-with-1-5m-seed-funding-and-1000-partner-outlets/): Dubai-born startup Peekabox has launched with more than 1,000 partner outlets and $1.5M in seed funding, according to sustainability news platform Tajdeed. Founded by brothers Hasan Sarwar and Omair Sarwar and chaired by Dr. Sameer Al Ansari, Peekabox connects UAE consumers with end-of-day surplus food from brands including Carrefour, Costa Coffee and Eataly. Customers receive - [Anthropic Confirms Wet Biology Lab in Bay Area](https://menastartupdigest.com/anthropic-confirms-wet-biology-lab-in-bay-area/): Anthropic has confirmed that it operates a wet biology lab in the Bay Area, where its AI models can be used to support and test physical experiments. Eric Kauderer-Abrams, the company’s head of life sciences, told Reuters that real laboratory work remains the final test for biological research. Anthropic said the facility conducts some in-house - [Qatar to Shift Legislative System Toward Impact Assessments](https://menastartupdigest.com/qatar-to-shift-legislative-system-toward-impact-assessments/): Qatar’s legislative system is set for significant changes, moving from a needs-based approach toward assessing the impact of laws and administrative decisions, the country’s Minister of Justice and Minister of State for Cabinet Affairs Ibrahim bin Ali Al Mohannadi said. Speaking at a Community College of Qatar panel in Doha on September 17, Al Mohannadi - [Syria Launches First Syndicated Islamic Financing Deal for Damascus Development Projects](https://menastartupdigest.com/syria-launches-first-syndicated-islamic-financing-deal-for-damascus-development-projects/): Syria has signed an agreement to launch its first syndicated Islamic financing project since liberation, bringing together Al Baraka Bank Syria, Qatar National Bank Syria and the state-owned Commercial Bank of Syria. The financing, backed by the Ministry of Finance and the Central Bank of Syria, will support construction of the Al-Mujtahid–Bab Musalla tunnel and - [Egypt and India Discuss Tech Investment, AI and Startup Cooperation](https://menastartupdigest.com/egypt-and-india-discuss-tech-investment-ai-and-startup-cooperation/): Egypt and India are exploring deeper cooperation in artificial intelligence, digital skills, cybersecurity and entrepreneurship, with a focus on attracting Indian technology investment to Egypt. Egypt’s Minister of Communications and Information Technology, Raafat Hindi, met with India’s ambassador to Egypt, Suresh K. Reddy, to discuss expanding collaboration in outsourcing, electronics manufacturing and digital services. The - [Tunisia’s AI Ecosystem Includes 211 Startups, With 11 Specialized Firms](https://menastartupdigest.com/tunisias-ai-ecosystem-includes-211-startups-with-11-specialized-firms/): Tunisia’s artificial intelligence ecosystem is expanding beyond universities and research centres, with AI increasingly becoming part of the country’s digital economy. According to official figures cited in the report, 211 of Tunisia’s 1,043 startups use AI in their products or services, representing nearly 23% of the ecosystem. The figure includes companies integrating AI into existing - [Syria Launches New Business Councils with Egypt and Uzbekistan](https://menastartupdigest.com/syria-launches-new-business-councils-with-egypt-and-uzbekistan/): Syria’s Ministry of Economy and Industry has moved to expand its network of bilateral business councils, with new structures involving Egypt and Uzbekistan aimed at strengthening trade, investment and private sector cooperation. The Egyptian-Syrian Business Council was formally launched in Damascus by Economy and Industry Minister Nidal Al-Shaar, with the goal of strengthening economic and - [Google’s Gemini Autonomously Hacked Three Companies in Cybersecurity Test](https://menastartupdigest.com/googles-gemini-autonomously-hacked-three-companies-in-cybersecurity-test/): Google’s Gemini AI model accessed the protected systems of three companies during a cybersecurity test, marking its first reported autonomous hacks, according to The Wall Street Journal. The activity took place during an evaluation by Irregular, a company that tests AI systems. In one case, Gemini repeatedly guessed passwords until it gained access. In two - [Saudi Fintech Talmal Closes Undisclosed Pre-Seed Round With MM Partners](https://menastartupdigest.com/saudi-fintech-talmal-closes-undisclosed-pre-seed-round-with-mm-partners/): Saudi fintech startup TalMal has closed an undisclosed pre-seed funding round with participation from MM Partners, according to the announcement. The company plans to use the investment to expand and accelerate growth in the Saudi market. TalMal is developing a salary-backed flexible purchasing model that connects employees, employers and merchants through a single digital platform. - [Saudi Regulator Fines Maana Investment and Opens Its Liquidation Proceedings](https://menastartupdigest.com/saudi-regulator-fines-maana-investment-and-opens-its-liquidation-proceedings/): Saudi Arabia’s Capital Market Authority has penalized Maana Investment and its official, Faisal bin Saad Al-Dosari, over alleged unauthorized efforts to raise funds and arrange share offerings. The Appeals Committee for Resolution of Securities Disputes ordered the company to pay a SAR 1.5M fine. Al-Dosari was fined SAR 750K and sentenced to 90 days in - [Dubai Chamber and Oraseya Capital Advance 7 Startups Toward Potential Funding](https://menastartupdigest.com/dubai-chamber-and-oraseya-capital-advance-7-startups-toward-potential-funding/): Seven Dubai-based technology startups have advanced to the next stage of Oraseya Capital’s evaluation process after a pitching session organized with the Dubai Chamber of Digital Economy. The session gave the companies an opportunity to present their business models, technology solutions and growth plans to Oraseya Capital’s investment team and its SANDBOX Investment Program. Participants - [SDAIA Launches Five Data and AI Skills Frameworks in KSA](https://menastartupdigest.com/sdaia-launches-five-data-and-ai-skills-frameworks-in-ksa/): The Saudi Data and AI Authority (SDAIA) has launched five national frameworks aimed at building data and AI capabilities across education, training and professional development in KSA. The frameworks were announced during the UNESCO Global Forum on the Ethics of Artificial Intelligence 2026 in Riyadh and cover general education, higher education, vocational training and workforce - [Women-Founded MENA Startups Received Just 0.14% of $1.7B in VC Funding](https://menastartupdigest.com/women-founded-mena-startups-received-just-0-14-of-1-7b-in-vc-funding/): MENA’s startup ecosystem has expanded to 33 unicorns, but women-founded companies continue to receive only a small share of venture capital funding. Startups in the region raised $1.7B across 242 investment rounds during the first half of the year, according to Wamda data. Women-founded companies secured just $2.5M, or 0.14% of the total. By comparison, - [Ahlibank Launches Three-Month SME Academy in Oman](https://menastartupdigest.com/ahlibank-launches-three-month-sme-academy-in-oman/): Ahlibank has launched ahli tamkeen SME Academy, a three-month program designed to help small and medium-sized businesses in Oman strengthen their operations and pursue sustainable growth. According to the announcement, the program will combine interactive workshops, coaching sessions and one-on-one support from qualified business coaches. Participants will receive guidance on business processes, growth opportunities, market - [Sukuk Capital Claims 63% of Saudi Arabia’s Digital Debt Market](https://menastartupdigest.com/sukuk-capital-claims-63-of-saudi-arabias-digital-debt-market/): Sukuk Capital says it accounts for around 63% of the debt instruments market offered through fintech platforms in Saudi Arabia, with sukuk programs launched since its first issuance in May 2021 exceeding SAR12.5 billion. Speaking at Money20/20 in Riyadh, CEO Abdulaziz Al-Sayari said completed issuances had reached approximately SAR10 billion, benefiting more than 600 companies - [Egypt’s Electronics Research Institute and Advanced Knowledge Solutions Partner on Open Innovation](https://menastartupdigest.com/egypts-electronics-research-institute-and-advanced-knowledge-solutions-partner-on-open-innovation/): Egypt’s Electronics Research Institute hosted the ELEVATE open innovation forum as part of its strategic partnership with Advanced Knowledge Solutions, bringing together researchers, universities, technology companies, banks and startup ecosystem stakeholders. The forum focused on open innovation, artificial intelligence, entrepreneurship and digital transformation, with discussions aimed at connecting research and education with market and community - [Egypt Entrepreneurship Awards Launches Sixth Edition and Opens Applications](https://menastartupdigest.com/egypt-entrepreneurship-awards-launches-sixth-edition-and-opens-applications/): The Egypt Entrepreneurship Awards (EEA) has launched its sixth edition and opened applications, unveiling this year’s award categories and a new advisory council at an event held at Mazeej Balad in Egypt. The 2025 edition will place greater emphasis on networking and meaningful relationships, according to the announcement. EEA said its community of founders, investors, - [Bahrain Opens First Headquarters of Entrepreneurs’ Organization](https://menastartupdigest.com/bahrain-opens-first-headquarters-of-entrepreneurs-organization/): Bahrain’s Minister of Industry and Commerce Abdullah bin Adel Fakhro has opened the first headquarters of Entrepreneurs’ Organization Bahrain (EO Bahrain), in a move aimed at strengthening support for entrepreneurs and the private sector. The new headquarters is intended to provide a platform for entrepreneurs to connect, exchange expertise, build partnerships and develop leadership capabilities, - [SheEmpower Launches First Cohort of Lebanese Women Entrepreneurs in Beirut](https://menastartupdigest.com/sheempower-launches-first-cohort-of-lebanese-women-entrepreneurs-in-beirut/): SheEmpower has launched its first cohort of Lebanese women entrepreneurs in Beirut, opening with business and digital skills training under an EU-funded regional program. The introductory session was held at the Chamber of Commerce, Industry and Agriculture of Beirut and Mount Lebanon, the program’s Lebanese partner. Participants include women entrepreneurs and business owners working across - [Wakilni Partners With DHL Express Lebanon for International Shipping](https://menastartupdigest.com/wakilni-partners-with-dhl-express-lebanon-for-international-shipping/): Beirut-based delivery company Wakilni has partnered with DHL Express Lebanon to help customers send personal items, gifts and online orders abroad without relying on travelers’ luggage. Wakilni will manage booking and pickup within Lebanon, while DHL Express handles international delivery. According to a rate sheet on Wakilni’s help site for e-commerce businesses, delivery takes two - [Khalifa Fund Opens Applications for 10-Week NEXUS AI Incubator](https://menastartupdigest.com/khalifa-fund-opens-applications-for-10-week-nexus-ai-incubator/): Khalifa Fund has opened applications for NEXUS, a 10-week AI-focused incubation programme for Emirati founders at MZN Hub Al Qana in Abu Dhabi. The programme will select 30 startups and is free to join, with no equity taken or fees charged. Participants will receive mentoring, AI training, weekly progress reviews, market access opportunities and introductions - [Zeytoon Ventures Introduces Hakini, Its First Portfolio Company](https://menastartupdigest.com/zeytoon-ventures-introduces-hakini-its-first-portfolio-company/): Zeytoon Ventures has introduced Hakini as the first company in its portfolio, highlighting the startup’s tele-mental-health platform and its work across challenging care environments. Hakini provides software that helps healthcare providers and institutions deliver, coordinate and manage mental-health services across different geographies. Its white-label model allows partners to offer the platform under their own brands - [BINA Business Incubator Yemen Holds Workshop for 60 Mentors and Business Support Providers](https://menastartupdigest.com/bina-business-incubator-yemen-holds-workshop-for-60-mentors-and-business-support-providers/): BINA Business Incubator Foundation for Entrepreneurship held an orientation workshop for mentors on September 10, 2026, as it prepares to launch a capacity-building program for 60 mentors and business development service providers. According to the announcement, the program aims to develop professionals who can provide effective guidance and specialized support to entrepreneurs and business owners. - [Fawry Wins Achievement in Payments Award at The Card & Payments Awards Middle East 2026](https://menastartupdigest.com/fawry-wins-achievement-in-payments-award-at-the-card-payments-awards-middle-east-2026/): Egyptian fintech company Fawry has won the Achievement in Payments award at The Card & Payments Awards Middle East 2026, held in Dubai on September 17. According to the announcement, the award recognises Fawry’s contribution to developing Egypt’s payments sector and its role in expanding digital financial services. The judging panel highlighted the company’s broad - [Blossom Capital Invests in Clinova as AI Startup Relocates from Georgia to Saudi Arabia](https://menastartupdigest.com/blossom-capital-invests-in-clinova-as-ai-startup-relocates-from-georgia-to-saudi-arabia/): Blossom Capital has invested in Clinova, an AI-powered clinical trial recruitment startup, as the company moves from Georgia to Saudi Arabia and joins the accelerator’s portfolio. Clinova’s platform processes handwritten, multilingual and unstructured medical records to identify patients who may qualify for clinical trials. According to Blossom Capital, the system can complete the process in - [Syrian Startups Invited to Apply for TEKNOFEST 2026 Pavilion](https://menastartupdigest.com/syrian-startups-invited-to-apply-for-teknofest-2026-pavilion/): Syrian startups and entrepreneurial projects are being invited to apply for participation in the Syrian pavilion at TEKNOFEST 2026, the international aviation, space and technology festival. The opportunity is open to Syrian technology startups and innovative projects, particularly those operating in Turkey and those with products or solutions that are ready for display and further - [The Shift Innovation Challenge Opens Applications for 20 HealthTech Startups](https://menastartupdigest.com/the-shift-innovation-challenge-opens-applications-for-20-healthtech-startups/): The Shift Innovation Challenge has opened applications for 20 startups developing solutions across HealthTech and related innovation tracks in Egypt. Implemented by Flat6Labs, the program is backed by e& egypt foundation and e& business, in collaboration with the United Nations Population Fund (UNFPA) and the Embassy of Norway. It will offer training, mentorship, investment-readiness support, - [Nabdh Technologies and VIAI Sign UAE Healthcare AI Partnership](https://menastartupdigest.com/nabdh-technologies-and-viai-sign-uae-healthcare-ai-partnership/): UAE-based Nabdh Technologies and VIAI have signed a strategic partnership focused on developing healthcare innovation for global markets, according to an announcement shared by Hub71. The partnership combines VIAI’s real-time AI coaching and preventive health technology with Nabdh’s Arabic health intelligence. The companies said the collaboration aims to create more impactful healthcare solutions from the - [Digital Incubation Center and Microsoft Launch 14-Part Startup Workshop Series in Qatar](https://menastartupdigest.com/digital-incubation-center-and-microsoft-launch-14-part-startup-workshop-series-in-qatar/): Qatar’s Digital Incubation Center (DIC), in collaboration with Microsoft, has launched a 14-part workshop series to help startups build practical capabilities in artificial intelligence, data analytics, cloud computing, cybersecurity and customer engagement. The series is designed for current and alumni DIC startups, as well as selected startups across Qatar’s ICT sector. According to the announcement, - [Dubai Ranked World’s Top FinTech Centre in Latest GFCI](https://menastartupdigest.com/dubai-ranked-worlds-top-fintech-centre-in-latest-gfci/): Dubai has been ranked the world’s leading FinTech centre by industry professionals in the latest Global Financial Centres Index (GFCI), reinforcing the emirate’s position as a major financial hub. The city ranked second globally for professional services and sixth for global reputation. It also retained its number one position for future potential for the fourth - [Women in Tech Syria Connects Founders and Investors At Damascus Startup Meetup](https://menastartupdigest.com/women-in-tech-syria-connects-founders-and-investors-at-damascus-startup-meetup/): Women in Tech Syria brought Syrian founders, entrepreneurs, investors and technology leaders together at the Damascus Startup Meetup, with a focus on strengthening connections between Syria’s startup community and Singapore’s venture ecosystem. The meetup was organised in partnership with Maynger Ventures, a Singapore-based venture firm, and Sanad. According to Women in Tech Syria, the gathering - [Startup Tunisia Selects 22 Startups for 30,000 TND AIR Grants](https://menastartupdigest.com/startup-tunisia-selects-22-startups-for-30000-tnd-air-grants/): Startup Tunisia has selected 22 Tunisian startups for the eighth session of its AIR support instrument, giving early-stage teams access to grants of 30,000 TND. The funding is designed to help startups develop and test a technology-based proof of concept, build prototypes and assess market potential. According to Startup Tunisia, AIR supports companies moving from - [Dubai Future Foundation Opens Applications for PropTech Data Sandbox](https://menastartupdigest.com/dubai-future-foundation-opens-applications-for-proptech-data-sandbox/): Dubai Future Foundation has opened applications for a PropTech Data Sandbox in Dubai, giving innovators, startups and technology companies access to data held by regulatory bodies to test products, business models and new applications. The initiative is being launched with the Dubai Land Department and Dubai Digital through Sandbox Dubai. Participants will be able to - [Blossom Capital Invests in Saudi Retail Intelligence Startup Rintel](https://menastartupdigest.com/blossom-capital-invests-in-saudi-retail-intelligence-startup-rintel/): Blossom Capital has invested in Rintel, a Saudi startup building a real-time retail intelligence platform, according to an announcement by Blossom Accelerator. Rintel connects retailers and hypermarkets with distributors, suppliers and consumer packaged goods brands, providing live data on sales, inventory and supply chains through retailers’ enterprise resource planning systems. The platform uses artificial intelligence-powered - [Jordan Launches IRTIQA Framework for Digital Transformation Standards](https://menastartupdigest.com/jordan-launches-irtiqa-framework-for-digital-transformation-standards/): Jordan has launched IRTIQA, a national framework designed to help government institutions assess their digital maturity, identify gaps and improve digital public services. The framework was officially launched by Badrieh Al Balbisi, Minister of State for Public Sector Development, on behalf of Sami Smeirat, Minister of Digital Economy and Entrepreneurship. Samira Alzubi, the ministry’s secretary - [TiE Dubai Announces Winners of TiE Women MENA 2026 Emirati Finals](https://menastartupdigest.com/tie-dubai-announces-winners-of-tie-women-mena-2026-emirati-finals/): TiE Dubai has announced the winners of the TiE Women MENA 2026 Emirati Finals, recognising three founders building businesses across different sectors. Aisha Alyassi of SCULP won the competition. Hasna Al Mutawa of NOOG Smart Technologies was named first runner-up, while Noora Alawadi of From Noora's Majlis and Dr. Zahra Al Darwish of Royal Rise - [QRDI Council Opens Applications for Qatar SME Product Management Bootcamp](https://menastartupdigest.com/qrdi-council-opens-applications-for-qatar-sme-product-management-bootcamp/): The Qatar Research, Development and Innovation (QRDI) Council, in collaboration with Innovation Cafe, is inviting SMEs in Qatar to apply for a five-day Strategic Product Management Bootcamp. Taking place from October 4 to 8, 2026, at Education City Golf Club, the application-only program will run from 8:00 AM to 3:00 PM each day. Participants will - [GIE and Startup Egypt Partner to Help Egyptian Companies Enter GCC Markets](https://menastartupdigest.com/gie-and-startup-egypt-partner-to-help-egyptian-companies-enter-gcc-markets/): Global Innovation & Entrepreneurship (GIE) and Startup Egypt have announced a collaboration to help Egyptian companies and entrepreneurs explore expansion opportunities across GCC markets. Announced in Dubai, the partnership is intended to improve access to regional business networks, potential partners and other stakeholders. According to the announcement, the two organisations will support companies in identifying - [Palestinian Startups Can Apply to Exhibit at Expand North Star 2026 in Dubai](https://menastartupdigest.com/palestinian-startups-can-apply-to-exhibit-at-expand-north-star-2026-in-dubai/): Palestinian technology and tech-enabled startups, along with innovative SMEs, can now apply for the opportunity to exhibit at Expand North Star 2026 in Dubai from 8–10 December 2026. The opportunity is offered through NEXUS Discover under the Innovative Private Sector Development II Project, implemented by DAI Global UK for the Palestinian Ministry of National Economy. - [Response Innovation Lab Trains 25 Yemeni Innovators in Humanitarian Innovation](https://menastartupdigest.com/response-innovation-lab-trains-25-yemeni-innovators-in-humanitarian-innovation/): Response Innovation Lab (RIL), in partnership with Oxfam and the Yemen Family Care Association, delivered a three-day humanitarian innovation training for 25 Yemeni innovators in Aden. Held from 25–27 August under Oxfam’s Humanitarian System Transformation through Local Humanitarian Leadership program, the training was part of the “Made by Yemenis” initiative. Creative Problem Solutions led field - [Algebra Intelligence Selected for stc’s inspireU 13th Intake](https://menastartupdigest.com/algebra-intelligence-selected-for-stcs-inspireu-13th-intake/): Amman-based Algebra Intelligence has been selected as one of 30 startups joining the 13th intake of inspireU, the corporate accelerator launched by Saudi Arabia’s stc group. The company develops artificial intelligence solutions for the energy sector. It said the programme will give it access to stc’s ecosystem, partner network and expertise as it works to - [Blossom Accelerator and SAB Sign Startup Partnership in Saudi Arabia](https://menastartupdigest.com/blossom-accelerator-and-sab-sign-startup-partnership-in-saudi-arabia/): Blossom Accelerator and Saudi bank SAB have signed a strategic partnership to support startups in Saudi Arabia, according to announcements from both organisations at Money20/20 Middle East 2026. The collaboration will provide startups with access to relevant banking solutions, ecosystem initiatives and growth opportunities. Blossom and SAB said they will work together to support financial - [TIEC Opens Applications for 8-Day Assiut Founders Bootcamp](https://menastartupdigest.com/tiec-opens-applications-for-8-day-assiut-founders-bootcamp/): TIEC has opened applications for the Assiut Founders Bootcamp, an intensive eight-day venture readiness program for early-stage founders and startup teams in Egypt. Hosted at TIEC’s Assiut branch from the first week of October 2026, the program will take participants through practical sessions on problem and market validation, business model design, AI-powered MVP development, go-to-market - [Dubai SME Recognises Entities Behind AED 1.78B in Emirati Supplier Contracts](https://menastartupdigest.com/dubai-sme-recognises-entities-behind-aed-1-78b-in-emirati-supplier-contracts/): Dubai SME has recognised government, semi-government and private sector entities for supporting Emirati businesses through the Emirati Supplier Programme. The programme helped Emirati suppliers secure contracts worth more than AED 1.78 billion in 2025, marking a 38% increase from the previous year, according to Dubai SME. The recognition took place during Sheikh Hamdan bin Mohammed - [Ignyte Launches SME Resilience and Innovation Challenge for Startups](https://menastartupdigest.com/ignyte-launches-sme-resilience-and-innovation-challenge-for-startups/): Ignyte has opened applications for the SME Resilience & Innovation Challenge, inviting startups and innovators to develop digital tools that help small and medium-sized businesses manage disruption and improve liquidity. The challenge has two tracks: ResilienceTech, covering areas such as AI-powered supply chain digital twins, modular ERP systems and automated scenario planning; and Creating Liquidity, - [HyperPay Deploys Mozn’s AML Platform to Support Saudi Growth](https://menastartupdigest.com/hyperpay-deploys-mozns-aml-platform-to-support-saudi-growth/): Mozn has deployed its compliance and anti-money laundering platform at HyperPay, a Middle East and North Africa fintech and digital payments company, the companies announced in Riyadh on September 15, 2026. According to the announcement, the platform has reduced false-positive alerts and the average time needed to process alerts, while supporting compliance with Saudi Central - [Creativa Hub Alexandria Opens 10-Day Tech Launchpad for Startup Founders](https://menastartupdigest.com/creativa-hub-alexandria-opens-10-day-tech-launchpad-for-startup-founders/): Creativa Hub Alexandria has opened applications for Tech Launchpad, a 10-day entrepreneurship program designed to help founders turn early-stage ideas into viable, scalable businesses. The program is aimed at aspiring entrepreneurs with a startup idea. Participants will work on idea validation, value proposition design, business models, market research, marketing strategy, startup operations and financial planning. - [Flat6Labs Opens Applications for GGJAP Cohort 6 in Egypt](https://menastartupdigest.com/flat6labs-opens-applications-for-ggjap-cohort-6-in-egypt/): Flat6Labs has opened applications for Cohort 6 of the Green Growth and Jobs Accelerator Project (GGJAP) in Egypt, a program supporting small and medium-sized enterprises working toward more sustainable growth and job creation. The program offers tailored mentorship, workshops on investment readiness and sustainability, guidance on financing, digital learning, and access to the Green Growth - [500 Global to Host Online Session on Intella’s AI Journey and $12.5M Series A](https://menastartupdigest.com/500-global-to-host-online-session-on-intellas-ai-journey-and-12-5m-series-a/): 500 Global will host the final episode of its “Beyond the Breakthrough” series on September 22, featuring Intella Co-Founder and CEO Nour Taher. The online session will explore how Intella built speech and conversational AI for Arabic dialects and accents, identified a regional gap in enterprise technology, and expanded from Egypt across MENA. The company - [Syria Signs Agreement to Support Youth Startups in Damascus and Its Countryside](https://menastartupdigest.com/syria-signs-agreement-to-support-youth-startups-in-damascus-and-its-countryside/): Syria’s Small and Medium Enterprises Development Authority has signed a cooperation agreement with Manar Development Foundation to support small businesses, promote entrepreneurship and help startup founders develop their ventures and reach markets. The agreement includes the launch of “Osos,” an accelerator focused on social entrepreneurship. The programme will support youth-led startups as they move from - [Technopark Maroc Recaps First Boost Up Lab Bootcamp in Casablanca](https://menastartupdigest.com/technopark-maroc-recaps-first-boost-up-lab-bootcamp-in-casablanca/): Technopark Maroc has shared highlights from the first Boost Up Lab bootcamp held in Casablanca on September 4 and 5, bringing together the programme’s Casablanca cohort. The two-day session focused on helping participants understand the problem they are addressing before building a solution. Participants worked on defining their target users, examining the causes and consequences - [Qanooni AI Founder Wins TiE Women MENA 2026 UAE Finals](https://menastartupdigest.com/qanooni-ai-founder-wins-tie-women-mena-2026-uae-finals/): TiE Dubai has announced the winners of the TiE Women MENA 2026 UAE Finals, with Anuscha Iqbal of Qanooni AI taking the top spot. Vidhya Sridhar, founder of Careever, was named first runner-up, while Nina Abide of FetalFirst placed second runner-up. The UAE finals featured women founders presenting their startups and highlighting innovation, purpose and - [Prosperity7 Ventures Backs Arcee AI in Series B at $1B+ Valuation](https://menastartupdigest.com/prosperity7-ventures-backs-arcee-ai-in-series-b-at-1b-valuation/): Saudi Arabia-based Prosperity7 Ventures has made a follow-on investment in Arcee AI as part of the US artificial intelligence startup’s Series B round, which values the company at more than $1 billion. San Francisco-based Arcee AI develops open models and enterprise software designed to help organizations build, deploy and manage AI models within their own - [Blossom Capital Invests in Egypt’s Daleela as AI Women’s Health Platform Expands to Saudi Arabia](https://menastartupdigest.com/blossom-capital-invests-in-egypts-daleela-as-ai-womens-health-platform-expands-to-saudi-arabia/): Blossom Capital has invested in Daleela, an AI-powered digital women’s health platform serving Arab women, as the Egypt-based startup expands into Saudi Arabia. According to Blossom’s announcement, Daleela offers a medically reviewed AI health assistant alongside period tracking, private consultations with gynecology, dermatology, nutrition and sexual health specialists within 24 hours, and expert-led education on - [Builders | VC MENA to Host Builders’ Tea Office Hours in Doha](https://menastartupdigest.com/builders-vc-mena-to-host-builders-tea-office-hours-in-doha/): Builders | VC MENA will host its first Builders’ Tea: Office Hours in Doha on Monday, September 21, offering founders time for informal conversations with the venture capital team. The session will not include a pitch competition, panels or an application process. Instead, founders can discuss what they are building, whether they are raising, planning - [Saudi Central Bank to Launch Tap to Pay on iPhone for Merchants](https://menastartupdigest.com/saudi-central-bank-to-launch-tap-to-pay-on-iphone-for-merchants/): The Saudi Central Bank (SAMA) has announced that Tap to Pay on iPhone will soon be available to merchants in Saudi Arabia. The service, announced during the Money20/20 Middle East conference in Riyadh, will allow merchants to accept contactless payments directly on compatible iPhones using near-field communication (NFC) technology. Customers will be able to pay - [SAMA and Ant International to Enable Alipay+ Payments in Saudi Arabia by 2026](https://menastartupdigest.com/sama-and-ant-international-to-enable-alipay-payments-in-saudi-arabia-by-2026/): The Saudi Central Bank (SAMA) and Ant International have signed an agreement to enable Alipay+ payments at merchants across Saudi Arabia by 2026. Announced at Money20/20 Middle East in Riyadh, the deal will connect Alipay+ with mada, Saudi Arabia’s national payment system. Once launched, international visitors will be able to use wallets linked to Alipay+ - [UAE Launches Pilot Plant to Convert Organic Waste into Biogas and Compost](https://menastartupdigest.com/uae-launches-pilot-plant-to-convert-organic-waste-into-biogas-and-compost/): Emirates Biotech and United Arab Emirates University (UAEU) have launched a two-year project to develop the UAE’s first integrated organic-waste valorization pilot plant in Al Ain. The facility will process up to 40kg of food waste and compostable packaging per day, converting the material into renewable biogas and nutrient-rich compost. The project will run from - [Abu Dhabi Targets 80% IVF Success Rate by 2030 With AI and Genomics](https://menastartupdigest.com/abu-dhabi-targets-80-ivf-success-rate-by-2030-with-ai-and-genomics/): Abu Dhabi has launched a reproductive health program that aims to raise IVF success rates to 80% by 2030 using artificial intelligence, genomics, precision medicine and scientific research. Led by the Department of Health, the Abu Dhabi Program for the Future of Reproductive Health will cover prevention, preconception care, genetic screening, fertility diagnosis and treatment, - [New York Times Filing Details Alleged AI Paywall Bypass and 93% Drop in Click-Through Rates](https://menastartupdigest.com/new-york-times-filing-details-alleged-ai-paywall-bypass-and-93-drop-in-click-through-rates/): A newly unredacted filing in The New York Times’ copyright lawsuit against OpenAI and Microsoft has detailed internal concerns about AI training practices and the impact of chatbot products on publishers. According to The Times’ legal brief, internal Microsoft data showed that Copilot reduced click-through rates to nytimes.com by as much as 93% compared with - [GCC Retail Sales Forecast to Reach $386.9B by 2030](https://menastartupdigest.com/gcc-retail-sales-forecast-to-reach-386-9b-by-2030/): Retail sales across the GCC are projected to grow by $57.3 billion between 2025 and 2030, reaching $386.9 billion from $329.6 billion, according to a report by investment banking advisory firm Alpen Capital. The market is expected to expand at a compound annual growth rate of 3.3%. Food retail is forecast to grow faster than - [Saudi Fintech Abwab.ai Raises $4M Seed Round to Expand SME Financing Technology](https://menastartupdigest.com/saudi-fintech-abwab-ai-raises-4m-seed-round-to-expand-sme-financing-technology/): Saudi fintech company Abwab.ai has raised SAR 15 million ($4M) in a seed round led by European venture capital firm Speedinvest, with participation from Middle East Venture Partners (MEVP). Founded in Riyadh in 2023, Abwab.ai develops AI-powered infrastructure for banks and financing companies. Its technology supports the SME financing lifecycle, including customer onboarding, credit assessment, - [talabat Bahrain and Centrepoint Support 50 Children with Back-to-School Shopping Initiative](https://menastartupdigest.com/talabat-bahrain-and-centrepoint-support-50-children-with-back-to-school-shopping-initiative/): talabat Bahrain partnered with Centrepoint Bahrain to organise a back-to-school shopping experience for 50 children from Al Sanabel Orphan Care Society ahead of the new academic year. Held on August 27 at Centrepoint in City Centre Bahrain, the initiative included children from Grades 1 to 6. Each child chose a school bag and school supplies, - [GISEC Global 2026 Highlights AI, Cyber Resilience and Digital Sovereignty in Dubai](https://menastartupdigest.com/gisec-global-2026-highlights-ai-cyber-resilience-and-digital-sovereignty-in-dubai/): GISEC Global 2026 opened at Dubai Exhibition Center in Expo City Dubai, bringing governments, cybersecurity leaders and technology companies together around AI, digital security and critical infrastructure. The 15th edition was officially opened by H.H. Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum and is supported by the UAE Cybersecurity Council, Dubai Electronic - [World Bank Gives Morocco’s Innov Invest Fund Top Rating After Supporting 500 Startups](https://menastartupdigest.com/world-bank-gives-moroccos-innov-invest-fund-top-rating-after-supporting-500-startups/): Morocco’s Fonds Innov Invest (FII) has received a “Highly Satisfactory” rating in the World Bank’s final evaluation, the highest level in its assessment system. The public program, operated by TAMWILCOM on behalf of the Ministry of Economy and Finance with World Bank support, has backed innovative entrepreneurship since 2017. It has supported nearly 1,000 entrepreneurs - [Qatar Launches E-Commerce Licences for 194 Business Activities](https://menastartupdigest.com/qatar-launches-e-commerce-licences-for-194-business-activities/): Qatar’s Ministry of Commerce and Industry has introduced a dedicated e-commerce licence framework allowing entrepreneurs to run approved commercial activities through their own websites. Issued under Decision No. 25 of 2026, the licence covers 194 activities, including fashion design, consulting, digital design, AI solutions, photography and translation services. Businesses must use a .qa or .com.qa - [Dubai-Based AIC Expands AI Shipment Platform naviflow.ai](https://menastartupdigest.com/dubai-based-aic-expands-ai-shipment-platform-naviflow-ai/): Dubai-based technology company AIC DWC-LLC is expanding naviflow.ai, an AI-powered shipment operations platform for importers, exporters, traders and distributors. Backed by BY Venture Partners, AIC said the platform is designed to bring shipment visibility, documents, communication and team coordination into one workspace. It uses purpose-built AI to help logistics teams identify what needs attention across - [RAKEZ Signs MoU With SIEF to Connect Chinese Businesses With Ras Al Khaimah Opportunities](https://menastartupdigest.com/rakez-signs-mou-with-sief-to-connect-chinese-businesses-with-ras-al-khaimah-opportunities/): Ras Al Khaimah Economic Zone (RAKEZ) has signed a memorandum of understanding with the Sino International Entrepreneurs Federation (SIEF) in Beijing to support Chinese companies exploring investment and expansion opportunities in the emirate. The agreement was signed during a week-long RAKEZ business roadshow in Beijing and Hangzhou, led by Group CEO Ramy Jallad. The programme - [LIFE Pitch Event to Bring Up to 10 Startups to Beirut on 22 December 2026](https://menastartupdigest.com/life-pitch-event-to-bring-up-to-10-startups-to-beirut-on-22-december-2026/): LIFE Lebanon will host its LIFE Pitch Event in Beirut on 22 December 2026, bringing together entrepreneurs, investors, advisors and ecosystem partners. The event will select up to 10 tech and tech-enabled startups to pitch their ventures to regional and international investors. Applicants must have at least one Lebanese founder or co-founder, current and demonstrable - [Meta Wearables Studio UAE Opens Applications for $10,000 Wearable AI Program](https://menastartupdigest.com/meta-wearables-studio-uae-opens-applications-for-10000-wearable-ai-program/): Meta Wearables Studio UAE has opened applications for a hands-on program focused on building AI experiences for wearable devices. Delivered by Meta in partnership with the UAE Cyber Security Council and Startupbootcamp, the program is open to UAE-based startups, developers, technical students and product teams. Applications opened on September 17 and close on October 17, - [C3 Launchpad Selects 10 Jordanian Startups for Six-Month Accelerator](https://menastartupdigest.com/c3-launchpad-selects-10-jordanian-startups-for-six-month-accelerator/): C3 Launchpad, in partnership with Jordan’s Ministry of Digital Economy & Entrepreneurship (MoDEEJo), has selected 10 startups for its six-month accelerator program. The cohort spans 10 sectors, including agritech, logistics, healthtech and deep tech. The selected startups are AKAR, CONNECT TO FIT, iRole, Kolona Ummahat, LaserLink jo, Markabte, Smart Green for AgriTech Solutions, TABsense, TakalamTech - [Egypt Registers 5,022 New Foreign Companies in First Half of 2026](https://menastartupdigest.com/egypt-registers-5022-new-foreign-companies-in-first-half-of-2026/): Egypt recorded a 33.7% year-on-year increase in newly established foreign companies during the first half of 2026, as the government pushes to attract more private investment and improve the business environment. The number of new foreign companies reached 5,022 between January and June, according to a Cabinet statement. Capital inflows into these companies rose 20.9% - [US FCC Approves Gulf Funds’ 49.5% Non-Voting Stake in Paramount-Warner Merger](https://menastartupdigest.com/us-fcc-approves-gulf-funds-49-5-non-voting-stake-in-paramount-warner-merger/): The US Federal Communications Commission has approved an exemption allowing sovereign funds from the UAE, Saudi Arabia and Qatar to exceed the foreign-ownership limit in the proposed Paramount Skydance-Warner Bros Discovery merger. The funds will indirectly hold 49.5% of the combined company’s equity, without voting rights. US rules generally limit foreign ownership in companies holding - [OQ Accelerator Selects 37 Teams for Cohort 3 Pre-Accelerator Track](https://menastartupdigest.com/oq-accelerator-selects-37-teams-for-cohort-3-pre-accelerator-track/): Oman’s OQ Accelerator has launched the pre-accelerator track of its third cohort, selecting 37 teams to participate in the program. More than 120 startups submitted ideas and solutions focused on the oil and gas sector before the final teams were selected for the bootcamp. The program is being delivered with aljabr, which works with startups - [Sarj Signs Multiple AI Partnerships During Money20/20](https://menastartupdigest.com/sarj-signs-multiple-ai-partnerships-during-money20-20/): Saudi AI company Sarj signed a series of partnerships during Money20/20 Middle East focused on conversational AI, workflow automation and financial services. Sarj signed an agreement with Sukuk Capital to integrate AI into digital financing services, with the aim of supporting financing journeys, repayment processes, application tracking and the automation of related procedures. The company - [DaleelStore Partners with BSF and MoneyHash to Expand Digital Commerce and Payments](https://menastartupdigest.com/daleelstore-partners-with-bsf-and-moneyhash-to-expand-digital-commerce-and-payments/): Saudi digital vouchers platform DaleelStore has announced new partnerships with BSF and MoneyHash as it expands its digital commerce and payments infrastructure. DaleelStore signed a Memorandum of Understanding with BSF to develop and launch an integrated digital marketplace offering the bank’s customers access to a range of products and services through a more streamlined digital - [Qoyod Signs Partnerships with Yasmina, Masdr and Bank Albilad During Money20/20](https://menastartupdigest.com/qoyod-signs-partnerships-with-yasmina-masdr-and-bank-albilad-during-money20-20/): Saudi accounting platform Qoyod signed a series of partnerships during Money20/20 Middle East in Riyadh focused on insurance, digital business services and financial solutions. Qoyod partnered with Yasmina to provide insurance solutions to businesses directly through the Qoyod platform. The agreement is aimed at strengthening the technical infrastructure available to business owners and expanding the - [Yasmina Partners with Qoyod and Jisr to Expand Embedded Insurance in KSA](https://menastartupdigest.com/yasmina-partners-with-qoyod-and-jisr-to-expand-embedded-insurance-in-ksa/): Saudi insurtech company Yasmina has announced new partnerships with Qoyod and Jisr to embed insurance directly into platforms already used by businesses across KSA. Through its partnership with Qoyod, Yasmina will integrate embedded insurance into the accounting and finance platform used by Saudi businesses, allowing SMEs to access insurance within their existing workflows rather than - [Lendo and BSF Capital Launch SAR100M SME Financing Partnership](https://menastartupdigest.com/lendo-and-bsf-capital-launch-sar100m-sme-financing-partnership/): Saudi debt crowdfunding platform Lendo has signed a financing partnership with BSF Capital with an initial value of SAR 100M ($26.7M) to support small and medium-sized enterprises in KSA. The agreement will combine Lendo’s technology and direct access to SMEs with BSF Capital’s institutional capabilities and investor network to channel capital into businesses seeking financing. - [Local Partners with Orbii to Offer SME Financing Through Merchant Payment Data](https://menastartupdigest.com/local-partners-with-orbii-to-offer-sme-financing-through-merchant-payment-data/): Dubai-based payments platform Local has partnered with Orbii to offer SME financing directly to merchants using Local’s platform. The partnership will use transaction data generated through Local’s QR payments infrastructure to help assess merchants based on their actual trading performance, including daily settlement volumes, ticket sizes and revenue trends. Orbii will use its AI-powered lending - [MoneyHash Signs Partnerships with Salla, Emkan, anb, Telr, Zid and Zain KSA](https://menastartupdigest.com/moneyhash-signs-partnerships-with-salla-emkan-a